Language learning startup Preply raises $150M

Preply, a Ukrainian-founded, U.S.-based language learning platform that connects users with tutors, raised $150 million in Series D funding at a $1.2 billion valuation, CEO Kirill Bigai tells Axios.

Why it matters: The WestCap-led raise stands out as venture funding for education technology startups remains a fraction of its 2021 peak.