Duolingo
Latest round
- Series H
Last raised
- Nov 2020
Total raised
- $183M
Investors
- 7
About Duolingo
Based in Pennsylvania, US, Duolingo, Inc. was founded in 2011 by co-founders Luis von Ahn and Severin Hacker. The company is a mobile learning platform with over 40 million monthly active users, and provides courses in 40 languages as of 2021. The firm became a publicly listed company in July 2021 on the Nasdaq under the ticker symbol DUOL. The company has 500 employees. The company's platform gathers data on how people learn in order to enhance the platform's efficacy over time, allowing users to self-learn multiple languages for free. Duolingo is a language-learning education platform that offers 98 total courses. The platform enables anyone to pay USD 7 each month for a premium service that removes ads, delivers offline access, and more. The company provides Duolingo for Schools with features designed to allow teachers to track their students. It uses many services in the Amazon Web Services suite of products, including Amazon DynamoDB, Amazon Virtual Private Cloud, nearly 200 virtual instances in Amazon Elastic Compute Cloud (EC2), Amazon Simple Storage Service (S3) and Amazon Relational Database Service (RDS). The company uses the freemium model; the app and the website are accessible without charge, although Duolingo also offers a premium service for a fee. Duolingo has a post-money valuation in the range of $1B to USD 10 billion as of November 2020. The company generated a revenue of USD 161,696 as of December 2020.
Who invested in Duolingo
7 investors across 8 rounds
See all investors in Duolingo
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Series H
Nov 6, 2020
Amount
$35M
Investors
Series G
Apr 9, 2020
Amount
$10M
Investors
Series F
Dec 4, 2019
Amount
$30M
Investors
Series E
Jul 17, 2017
Amount
$25M
Investors
Series D
May 20, 2015
Amount
$45M
Investors
Series C
Feb 18, 2014
Amount
$20M
Investors
Series B
Sep 17, 2012
Amount
$15M
Investors
Series A
Oct 19, 2011
Amount
$3M
Investors
Questions about Duolingo
Who invested in Duolingo?
Duolingo has 7 investors on record across 8 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Duolingo raised?
Duolingo has raised 8 venture rounds. Sign up free to see how much each round raised and the total.
When did Duolingo last raise money?
Duolingo's most recent round on record is a Series H, in Nov 2020.
What does Duolingo do?
Based in Pennsylvania, US, Duolingo, Inc.
Where is Duolingo headquartered?
Duolingo is headquartered in Pittsburgh, US.
Which VCs invest in companies like Duolingo?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back education/training companies at Duolingo's stage. Their profiles are linked below.
VCs backing education/training startups at Series H
Raising like Duolingo? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.