"While Preply has been connecting language learners with tutors since 2013, it has now been EBITDA profitable for twelve months. Not coincidentally, it has also ramped up AI integration to support its 100,000 tutors and continue scaling. That's a fine line - Duolingo faced backlash after declaring it would become an "AI-first company," and tutors have been a key differentiator for Preply."
"According to Bigai, Preply already applies AI to features such as lesson summaries and homework, but also to match learners to tutors that best fit their needs. To further develop these capabilities, he said Preply is now hiring AI talent across its four offices - Barcelona, London and New York but also Kyiv, which the company hasn't left despite the Russian invasion."
Preply raised a $150 million Series D at a $1.2 billion valuation, with prior backers including Horizon Capital, Hoxton Ventures, Owl Ventures and Techstars Berlin. The 14-year-old language learning marketplace has been EBITDA profitable for twelve months and supports 100,000 tutors. Preply applies AI to lesson summaries, homework and tutor matching to bring consistency while keeping tutors central to instruction. The company is hiring AI talent across offices in Barcelona, London, New York and Kyiv. Approximately 150 of 750 employees work in Kyiv, where the company maintains generators, internet and 24/7 office access amid strikes and power outages.
Read at TechCrunch
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