Preply

Preply
Type of site
Private
Headquarters Brighton, Massachusetts, US
Founder(s) Serge Lukianov, Kirill Bigai, Dmytro Voloshyn
CEO Kirill Bigai
Industry Online education
Services Education service
Employees 50
Website preply.com
Alexa rank Increase 35,798 (July 2017)[1]
Launched November 1, 2012 (2012-11-01)
Current status Online

Preply is an online educational technology platform which pairs students with private tutors, either locally in-person or remotely via Skype. It features a ranking algorithm which uses machine learning for classification and recommendation of tutors.[2]

History

At IDCEE (Internet Technologies & Innovations) 2012, Preply was chosen as one of the most promising startup companies in Ukraine.[3] Afterwards, the startup was picked up by Eastlabs, and following an initial investment of $175,000 from Vostok Ventures as well as business angels Semyon Dukach and Torben Majgaard,[4] its site, preply.com, was launched in November 2012.[5] Co-founded by Serge Lukianov, Dmytro Voloshyn, and Kirill Bigai – who serves as its current CEO[6] – the company initially entered the Ukrainian, Russian, Belarussian and Kazakhstani markets, before expanding to the Polish market[4] and receiving a $120,000 TechStars Berlin investment.[7] At the beginning of 2016, the company entered the Brazilian market.[8] After closing a $1.3 million seed round in June 2016, Preply has announced intentions of expanding its services to three more markets: UK, Germany, and Spain.[2]

Services

A February 2017 EuropaWire article stated that Preply had 47,000 registered tutors, offering help in as many as 40 different subjects, 27 of which were languages courses.[9] As of July 2017, as per the company's statistics, almost 100,000 students have successfully found a tutor using the platform.[10] It is estimated that tutors give about 30,000 hours of lessons per month at a price varying anywhere between $2 and $100.[9]

References

  1. "Preply". Alexa Internet. Retrieved July 18, 2017.
  2. 1 2 Lomas, Natasha (7 June 2016). "Preply pulls in $1.3M to expand its tutoring marketplace in Europe". TechCrunch. Retrieved 18 July 2017.
  3. "Большие надежды. ТОП-30 стартапов украинского интернета" [The Most Promising Hopefuls. Top 30 Ukrainian Internet Start-ups] (in Ukrainian). 19 October 2012. Retrieved 18 July 2017.
  4. 1 2 "Ukrainian online tutoring platform Preply enters Polish market". Ukraine Digital News. 2 February 2015. Retrieved 18 July 2017.
  5. Pashkovskaya, Elena (18 April 2013). "Connecting language tutors and students via Skype". Kyiv Post. Retrieved 18 July 2017.
  6. "Preply.com". CrunchBase. Retrieved July 18, 2017.
  7. Яровая, Майя (9 February 2017). "Украинский стартап Preply попал в TechStars, получил $120 000 инвестиций и уезжает в Берлин" [Ukrainian startup Preply got to TechStars, received $ 120,000 investment and left for Berlin] (in Ukrainian). Ain. Retrieved 18 July 2017.
  8. Krasnikov, Denys (28 January 2016). "Ukrainian online tutoring platform enters Brazilian market". Kyiv Post. Retrieved 18 July 2017.
  9. 1 2 "Preply, plateforme d'amélioration continue pour le tutorat et les études en ligne, arrive en France" [Preply, a platform for continuous improvement, tutoring and online studies, arrives in France] (in French). EuropaWire. 9 February 2017. Retrieved 18 July 2017.
  10. "Preply.com". Retrieved 18 July 2017.
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