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Top related persons:
Preply - 2 Kirill Bigai - 2 Dmytro Voloshyn - 2 Sergey Lukyanov - 1 Bigai - 1 Lukyanov - 1 James Kim - 1 Serge Lukianov - 1
Top related locs:
Ukraine Russia Boston Texas Barcelona Kyiv Berlin Czech
Top related orgs:
Horizon Capital - 2 Horizon - 2 Hoxton Ventures - 2 Bain - 2 Reach Capital - 2 Preply - 1 Morning - 1 Skype - 1

Search resuls for: "Bigai"


2 mentions found


☆ How Preply became one of the largest online language learning startups in the world
  + stars: | 2023-08-28 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
He started to see the potential for online language tutoring as a viable business model, since online lessons were cheaper than in-person lessons and class schedules were more flexible. In the summer of 2012, Bigai, Voloshyn and Lukyanov founded the online language learning startup Preply. Last month, Preply raised a $70 million Series C extension round with a combination of debt and equity led by Horizon Capital. Reach Capital, Hoxton Ventures and Owl Ventures, which led its previous $50 million Series C in 2022, also participated. The company's successful fundraising comes after a difficult year personally for the Preply team.
Persons: Preply, Kirill Bigai, Dmytro Voloshyn, Sergey Lukyanov, Bigai, Lukyanov, James Kim Organizations: Preply, Horizon Capital, Morning, Skype, Horizon, Reach, Hoxton Ventures, Owl Ventures, Datadog, Bain, Reach Capital Locations: Ukraine, Boston, Texas, Barcelona, Kyiv, Berlin, Czech, Russia
☆ Ukrainian-founded Duolingo rival Preply banks $70 million to push into A.I.
  + stars: | 2023-07-19 | by ( Ryan Browne | ) www.cnbc.com   time to read: +3 min
Preply, a language learning platform connecting people with tutors, raised $70 million of fresh capital to ramp up its use of artificial intelligence, the company told CNBC exclusively. The equity portion was led by Horizon Capital, a venture capital firm focused on investing in emerging entrepreneurs, particularly Ukrainians. The funding adds to a $50 million Series C funding round Preply raised last year, and takes its total funding raised to over $170 million. It comes as Duolingo, a competitor to Preply, has been incorporating OpenAI's GPT language processing software to enhance its app's personalization to users. Horizon Capital raised $125 million for a startup fund aimed at backing Ukrainian founders.
Persons: Kirill Bigai, Dmytro Voloshyn, Serge Lukianov, Preply, Preply's, Max Lytvyn, Alex Shevchenko, Dmitriy Zaporozhets Organizations: CNBC, Horizon Capital, Reach Capital, Hoxton Ventures, Bain, Horizon, Google, Samsung, Amazon Locations: Ukraine, U.S, GroupM, Ukrainian, Preply, Russia, Moscow
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