Preply, the #1 global language learning marketplace, announced the closing of its Series D round, securing $150 million in funding led by WestCap, a strategic operating and investing firm with over $6 billion in assets under management. Goldman Sachs International acted as sole placement agent in the transaction. The latest funding round values the company at $1.2 billion, marking a significant milestone in Preply's mission to make transformative learning experiences accessible to people around the world.

A pioneer in online language learning, Preply's platform connects more than 100,000 tutors with learners in 180 countries, facilitating one-on-one lessons in more than 90 languages. Powered by a unique combination of human-led instruction, paired with its AI-supported tutoring co-pilot suite, Preply is redefining how people learn through high-quality, flexible and tailored learning experiences designed to drive real progress with every lesson.