In a remarkable milestone for the Ukrainian tech scene, language learning marketplace Preply has officially reached unicorn status, with a valuation surpassing $1.2 billion following a $150 million investment round.
This achievement, reported by TechCrunch on January 21, 2026, underscores not only Preply’s rapid growth but also the unwavering resilience of Ukrainian startups amid ongoing geopolitical challenges.
From Humble Beginnings to Global Impact
Founded in 2012 by Ukrainian entrepreneurs, Preply has grown from a small startup into a global platform connecting over 100,000 tutors with millions of students across 180 countries.
The company’s innovative approach to personalized, 24/7 language learning has disrupted the EdTech sector, offering affordable and accessible education at a time when digital learning is more critical than ever.
A Symbol of Ukrainian Strength
Preply’s success is particularly poignant given Ukraine’s turbulent history, including the challenges posed by the ongoing conflict since 2014 and the full-scale invasion by Russia in 2022.
Despite these adversities, Preply has provided a lifeline for thousands of Ukrainian tutors, many of whom have relied on the platform for income during displacement and economic hardship.
Historical Context and Economic Impact
The rise of Preply mirrors the broader story of Ukrainian tech resilience, with the country’s startup ecosystem continuing to thrive even as it navigates war and instability.
This unicorn status not only highlights Preply’s individual triumph but also positions Ukraine as a burgeoning hub for tech innovation, attracting international investors despite regional uncertainties.
Looking to the Future of EdTech
Looking ahead, Preply aims to expand its offerings, potentially integrating more AI-driven tools to enhance personalized learning experiences for students worldwide.
The company’s leadership has expressed optimism about scaling operations and further supporting displaced educators, reinforcing its mission of education as a tool for empowerment.
As the EdTech industry continues to evolve, Preply’s story serves as an inspiration, proving that innovation can flourish even in the face of extraordinary challenges.
With this milestone, Preply not only cements its place in the global market but also shines a light on the indomitable spirit of Ukraine’s entrepreneurial community.
Andrew Lee
