Duolingo

IPO

Learn a language for free

Public · Pittsburgh, United States · Founded 2011 · $228.3M raised

Employees
501–1000
Founded
2011
Business Model
B2C
Total Funding
$228.3M
Last Round
$35.0M Series G+Nov 2020
Rounds
9
Type
Public

About

Duolingo is the world's most-downloaded language learning app, offering free courses in 40+ languages using gamification, adaptive learning, and AI-powered personalization through its Birdbrain ML system. The company generates revenue through its Duolingo Plus subscription, the Duolingo English Test (an online certification accepted by 5,000+ institutions), and advertising on its free tier. Duolingo went public on Nasdaq in 2021 and serves over 500 million registered users.

Summary

Duolingo is an Artificial Intelligence company based in Pittsburgh, United States, founded in 2011. It has raised $228.3M in total across 9 rounds, most recently a $35.0M Series G+ round in Nov 2020. Investors include Union Square Ventures, NEA and General Atlantic.

Tech & App Stack

11 technologies & apps tracked

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Funding History

IPOJul 2021
$521.0M

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Investors

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