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Duolingo

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A gamified language learning app that develops vocabulary, grammar, and listening skills.

HQ

Pittsburgh, PA, USA

N/A

N/A

Founded
2011
Company
Analysis
Valuation
Contacts
Duolingo is a mobile eLearning platform that enables users to quickly learn languages and is currently the top-grossing app in the Education category on both Google Play and the Apple App Store. The company offers over 100 courses in more than 40 languages, with over 525 million users around the world.
Duolingo was founded in 2011 by Luis von Ahn and Severin Hacker. As of 2021, the company is now trading under the ticker symbol “DUOL” on the Nasdaq exchange.
Employees
1,527
As of Mar 07, 2023
Total Raised to Date
$703,300,000
27 Months Since Last Deal
Last Deal Details
$520,000,000
IPO (July, 2021)
Last Valuation
Undisclosed

Company Overview

Operating Status
Active
Ownership Type(s)
Public
Main Product(s)
Education
Technology
AI / ML
Tags
EdTech, Microlearning

Operating Model

Model Type(s)
Subscription, Advertising
Revenue Type(s)
Recurring, Transactional
Customer Type(s)
Consumers
Geographic Exposure
Global
Total Customers
10,000 +
Retention Range
0 - 50%

Duolingo - FAQ

When was Duolingo founded?
Duolingowas founded in 2011.
Where is Duolingo’s headquarters located?
Duolingo’sheadquarters is located in Pittsburgh, PA, USA.
How many employees does Duolingo have?
Duolingohas 1,527 employees as of March 07, 2023.
How much has Duolingo raised to-date?
As of September 18, 2023,Duolingohas raised a total of $703.30 million (USD) since 2011.
When was Duolingo’s last funding round?
Duolingo’smost recent funding round was for $520.00 million (USD) in July 2021.
How many customers does Duolingo have?
Duolingohas an estimated 10,000 + customers as of May 05, 2023.
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts
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