
Preply has closed a 150 million dollar Series D led by WestCap, achieving a 1.2 billion dollar valua...
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The article describes a funding update for a vertical AI player in the education/ops space, but does not meet the $500M/ $5B threshold for cross.ยงD.
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Preply has closed a 150 million dollar Series D led by WestCap, achieving a 1.2 billion dollar valuation. This capital scales an AI-enhanced hybrid model for 100,000 tutors, moving beyond pure automation to prioritize human-led instruction. By using AI as a co-pilot for lesson summaries and homework, the platform is shifting EdTech from replacing teachers to augmenting their impact. This strategy addresses the systemic demand for social accountability that automated apps lack. ๐