Preply, the language app known for its live tutors, closes out Series C at $120M and doubles down on AI
Language learning platform Preply made a name for itself for connecting students with a selection of some 35,000 tutors and group classes across some 50 languages. The company today announced that it has raised a further $70 million in funding -- a combination of debt and equity -- to extend its Series C to $120 million. Horizon Capital is leading this round, with edtech specialist Reach Capital, Hoxton Ventures and other existing investors also participating, such as Owl Ventures, which led the company's initial Series C raise, totalling $50 million, in 2022.
Source: yahoo.com