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DILIGENT CAPITAL PARTNERS PARTICIPATES IN $35 MILLION INVESTMENT IN PREPLY

DCP has invested in Preply, a tutoring marketplace for learning, as part of a $35 million Series B investment in the company.

The fundraising round was led by Silicon Valley VCs Full In Partners and Owl Ventures with the support of Preply’s long-time backers.

Several notable angel investors also committed to the company’s further growth including Booking.com’s co-founder Arthur Kosten, Unity Technologies‘ co-founder David Helgason, Delivery Hero’s co-founder and CEO Niklas Östberg, and Grupa Pracuj’s co-founder Przemyslaw Gacek.

Dan Pasko, DCP’s Co-Managing Partner was interviewed by Itkey.media, where he shared DCP’s history with Preply and reasons behind investing.

Full interview More information

NOTES: a global market leader among marketplaces for online languages learning, Preply connects those learning a foreign language to online tutors, using machine learning to achieve the best match. Twenty-four languages are covered from English (more than 18,376 tutors), to Chinese (2,131 teachers), Arabic (981 teachers), Korean, Hebrew and even Urdu (373, 74 and 102, respectively, as of March 2021).

Diligent Capital Partners is a private equity fund manager with a focus on export-orientated business, agribusiness, and technology.