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Duolingo

Valuation $7B

About Duolingo

Duolingo is a language-learning education platform that offers 98 total courses across nearly 40 distinct languages.
Headquarters Duolingo, Pittsburgh
Founded 2011-01-01
Industry E-Learning, Education, Language Learning, Mobile Apps
Last Funding Type Series H
Valuation 7
Total Funding $183.30 million dollars
IPO Status Public

Financial

Duolingo reported a 54% increase in paid subscribers in Q1 2024, attributing the growth to generative AI-powered features. The company also saw a significant rise in daily active users and raised its revenue outlook for the fiscal year. Additionally, Duolingo acquired Detroit-based design studio Hobbes to enhance its design and animation capabilities.
Funding Rounds 8
Number of Lead Investors 6
Total Funding Amount  $183.30 million dollars
Number of Investors 13

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