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Founded Year

2012

Stage

Debt | Alive

Total Raised

$170.42M

Last Raised

$28M | 2 mos ago

About Preply

Preply is a marketplace for in-home and online language tutoring. It offers a digital tutoring platform designed to promote learning with one-on-one online tutors and helps to find, book, and connect professional private tutors online. The company was founded in 2012 and is based in Brookline, Massachusetts.

Headquarters Location

1309 Beacon Street Suite 300

Brookline, Massachusetts, 02446,

United States

888-383-6917

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ESPs containing Preply

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Enterprise Applications

The language learning market is a broad and diverse market that includes a wide range of products and services designed to help individuals learn new languages. These can include mobile apps, online courses, language schools, tutoring services, and more. The market has seen significant growth in recent years, driven by factors such as globalization, increased travel and migration, and the importan…

Preply named as Highflier among 15 other companies, including Babbel, VIPKid, and Voxy.

Preply's Products & Differentiators

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    Expert Collections containing Preply

    Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

    Preply is included in 3 Expert Collections, including Education Technology (Edtech).

    E

    Education Technology (Edtech)

    2,799 items

    These companies offer tech-enabled solutions that facilitate education and learning for people of all ages, from pre-K to adult and professional education.

    A

    Artificial Intelligence

    10,948 items

    Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

    a

    a16z Marketplace 100

    100 items

    Latest Preply News

    Teachers – You Can Now Write Reports With AI

    Sep 20, 2023

    In a new development, Outschool, the online learning platform, has just announced two game-changing additions. Outschool announced its new AI Teaching Assistant, a tool aimed streamlining tutor-student communication and efficiency, along with its move into one-on-one tutoring, effectively taking on established competitors like Varsity Tutors, Tutor.com, and Preply. In a strategic partnership with OpenAI , Outschool’s co-founder and CEO, Amir Nathoo, revealed the driving force behind the AI Teaching Assistant. This move could potentially reshape the landscape of online education , though it has also sparked debates among educators. Some educators fear this technology might create new avenues for cheating and plagiarism, while others recognise its potential in aiding teachers to handle administrative tasks more efficiently. The AI Teaching Assistant is designed to help teachers save valuable time when crafting progress reports and enhance communication with students’ parents or caregivers. Following each learning session, tutors input key points into the AI Teaching Assistant, detailing the student’s performance. The AI then generates paragraphs, offering parents an insightful overview of their child’s progress. Tutors can opt for either a detailed message or a concise summary, adding versatility to their communication. To gain first-hand insight into this technology, TechCrunch interviewed Melanie Pauli, a piano teacher with over 25 years of experience who joined Outschool in 2020. Melanie was among the select educators who participated in the AI tool’s beta testing phase. She reported that crafting these paragraphs now takes her less than five minutes, a significant time-saver that allows her to maximise her productivity. “[Previously,] I was communicating these things directly with students,” Melanie shared. “Sending messages directly to parents may, in turn, keep them as customers longer. They feel like they’re part of the learning process.” It is important to note that this feature is currently available exclusively to tutors offering private lessons. However, Outschool has hinted at the possibility of adapting the tool for group class formats should sufficient interest arise. Outschool’s  expansion doesn’t stop at AI Teaching Assistants. The platform has also launched one-on-one tutoring. Grand View Research predicts that the market size for online tutoring is set to reach a staggering $23.73 billion by 2030. Amir Nathoo, Outschool’s CEO, acknowledged the challenges faced by parents and teachers in addressing learning gaps post-pandemic. “One-on-one tutoring is a powerful tool for parents to get their children the academic support they may need,” he asserted confidently. Since its inception in 2015, Outschool has witnessed more than one million eager learners participate in over 100,000 live online classes. These learners span a wide age range, from as young as three to as old as 18 years. This latest offering is poised to boost Outschool tutors’ earning potential as they can command higher fees for one-on-one sessions. With a roster of over 4,000 educators covering diverse subjects like English, reading, writing, math, art, music, and vocal lessons, Outschool is well-positioned to make a significant impact in the growing online education sector. As the digital education landscape continues to evolve, Outschool’s innovative approach, coupled with AI-powered tools and personalised tutoring options, shows its commitment to meeting the dynamic needs of students, parents, and educators in this brave new world of online learning. The platform’s moves in the ever-growing online education sector are bound to shape the future of learning for generations to come. Related Articles

    Preply Frequently Asked Questions (FAQ)

    • When was Preply founded?

      Preply was founded in 2012.

    • Where is Preply's headquarters?

      Preply's headquarters is located at 1309 Beacon Street, Brookline.

    • What is Preply's latest funding round?

      Preply's latest funding round is Debt.

    • How much did Preply raise?

      Preply raised a total of $170.42M.

    • Who are the investors of Preply?

      Investors of Preply include Hoxton Ventures, Owl Ventures, Horizon Capital, Reach Capital, Diligent Capital Partners and 27 more.

    • Who are Preply's competitors?

      Competitors of Preply include GoStudent, Workee, Episoden, Cambly, LingoAce and 11 more.

    • What products does Preply offer?

      Preply's products include , undefined and 3 more.

    CB Insights
    Looking for a leg up on competitive, customer and technology insights?
    CB Insights puts confidence and clarity into your most strategic decisions.
    See how. Join a demo.
    Join a demo
    Trusted by the world's smartest companies to:
    • Predict emerging trends
    • See competitors' playbooks
    • Stalk the smart money
    • Identify tomorrow's challengers
    • Spot growing industries
    • Kill analyst data work
    Let's see how we can help you!
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    Compare Preply to Competitors

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    italki

    italki is an online destination for learning foreign languages. italki connects people from around the world in a friendly community to learn from each other. The company helps people meet online to do free language exchanges. italki also helps students connect with teachers for paid online lessons. In addition, italki has many free language learning features, such as questions and answers, group discussions, and multimedia materials for self-study. italki is both a social network and a marketplace.

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    Cambly

    Cambly provides an online educational platform. It offers a mobile application providing English learners access to native speakers over video chat and helps them to improve their English. The company was founded in 2014 and is based in Covina, California.

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    Lingoda

    Lingoda offers an online English school with experienced English native speakers as teachers. Students can create their own learning curriculums and choose their own study environments and times to learn. They can study in group classes, have private classes, and access interactive learning videos.

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    Palfish

    Palfish, also Banyu, is an online English education brand that provides a learning app and courses.

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    VIPKid

    VIPKid is an online education platform that connects Chinese children to one-on-one video teaching sessions with teachers based in North America, offering a real-time online English immersion learning experience. Lingo Bus is also an offering by VIPkid to teach Chinese to 5-12 year olds.

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    Novakid

    Novakid develops an online learning based-platform. It offers communication courses for children. It uses artificial intelligence (AI), augmented reality (AR), machine learning, and gamification technologies for learning languages. The company was founded in 2017 and is based in San Francisco, California.

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