Diligence memo · auto-generated · as of July 2, 2026

Preply, Inc.

Preply, Inc. looks fair against its niche peers and is active on financing cadence.

SourceRaising on rhythm with a 4.5× step-up on the last round — momentum worth tracking before it's priced in.

Businessfiled

Preply, Inc. operates in Other Technology, based in BROOKLINE.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Preply, Inc. has raised $213M in disclosed capital across 5 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $101M on 2025-12-31.

Most recent recorded round closed around 2025-12-31.

Valuation (modeled)modeled

Provath models Preply, Inc. at approximately $800M (range $564M–$936M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Fair. Modeled value is 0.77× the median modeled value of Series D+ Other Technology companies in 2025–2027 (60 peers) — value vs value, same stage and era. Within the normal band (77% of peer median) for its niche.

Financing rhythm & timingmixed

Historic cadence: a new round about every 25 months.

Last raise 6 mo ago; this sector typically re-raises about every 13 months.

Raising on or ahead of the sector's normal rhythm.

The last round stepped up 4.5× from the prior — scaling.

Comparablesmixed

Capital scale ranks ahead of 99% of Other Technology peers (21302 compared).

Modeled value ranks above 95% of those peers.

Closest niche peers: ServiceNow, Inc., Castelion Corp, Cryptyde, Inc., Niantic Spatial, Inc., Robin Motor Ltd.

Peoplefiled

11 named people on file across officers, directors and signatories.

Risks & flagsmixed

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.