Edtech Startup Preply Raises US$1.3M in Seed Funding

preplyPreply, a Kyiv, Ukraine-based edtech startup, raised US$1.3m in seed funding.

The round was led by angel investors Mariusz Gralewski (DocPlanner, Poland), Przemysław Gacek (Grupa Pracuj, Poland), Arthur Kosten (Booking.com, 2003-2012), and Hedgehog Fund (Poland) with the participation from Digital Future, RTAVentures VC, Xevin Investments (Poland), SMRK (Ukraine), Techstars (USA/Germany) and other angel investors.

The company intends to use the funds to develop products for private teachers, further grow its market reach growth internationally.

Led by Kirill Bigai, Co-Founder & CEO, Preply provides a private tutoring platform for people to find online and local tutors of foreign languages, science, humanities, and various hobbies.
Created in April 2013, the company currently operates in Poland, Ukraine, Russia, Mexico, Brazil and is about to launch in Germany, UK, and Spain.
Today, 25k tutors offer services to more than 70 000 students.
In 2015, the company was part of Techstars Berlin.



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