Duolingo's revenue in 2018 was $36 million. Their estimated annual revenue for 2019 was $86 million.
Duolingo is a free education platform for languages and provides ninety-four courses in twenty three languages. The company was founded by Luis von Ahn and Severing Hacker in 2011, in Pittsburgh, Pennsylvania, United States.
The company looks to provide both a free version and a premium version of the app for $7 per month which removes ads, delivers offline access, and a few other applications. They offer another platform called Duolino for Schools, which allows teachers to track their students.
Timeline
November 18, 2020
Duolingo raises $35M in Funding.
March 26, 2020
Duolingo launches Duolingo ABC, a free English literacy app for children ages 3 to 6.
Funding rounds
Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
3,300,000
October 19, 2011
15,000,000
September 17, 2012
Products
Product
Description
Launch date
Website
Industry
Duolingo English Test is a English proficiency certification test.
People
Name
Role
LinkedIn
Ashton Kutcher
Investor
Brad Burnham
Investor
Gina Gotthilf
Employee
Jack Morgan
Employee
Jeesoo Sohn
Employee
Judy Ziyu Zhu
Employee
Remy Marechal
Employee
Sean Chin
Employee
Severin Hacker
Founder
Tara Suan
Employee
Tim Ferriss
Investor
Vicki Cheung
Employee
Zan Gilani
Employee
Further reading
Title
Author
Link
Type
Date
Documentaries, videos and podcasts
Title
Date
Link
Companies
Company
CEO
Location
Products/Services
News
Title
Author
Date
Publisher
Description
John Besche
January 19, 2021
Business Insider
Learning German is a worthwhile (if challenging) pursuit. Here are the 9 best online courses, apps, books, and websites to practice it at home.
By Kitti Palmai and Will Smale
January 11, 2021
BBC News
As the pandemic has given us time to fill, more of us are learning a new language.
Martin Coulter
January 5, 2021
Business Insider
Experts predict the travel insurance market could be worth almost $40 billion by 2027.
Nimish Sawant
December 30, 2020
Business Insider
Whether you wish to travel or work in India in the future, or want to expand your Hindi knowledge, these online resources can teach you in no time.
Michelle Krasovitski
December 24, 2020
Business Insider
Learn how to speak, listen, read, and write in Russian with these affordable online classes, language-learning apps, YouTube videos, and workbooks.
Frederic Lardinois
December 23, 2020
TechCrunch
Fluent Forever, a startup that uses a novel learning system to help its users master a new language faster, has raised a $4.9 million funding round led by Denver-based Stout Street Capital. Other investors in this round include The Syndicate, LAUNCH, Mana Ventures, Noveus VC, Flight.VC, Insta VC, UpVentures, Firebrand Ventures, Cultivation Capital, Spero Ventures [...]
Anuj Bhatia
December 18, 2020
The Indian Express
Here is your go-to list of online activities for kids that will help them nurture and encourage creativity.
Kat Barber
December 17, 2020
Business Insider
Language-learning resources like Duolingo, Babbel, Rosetta Stone, and more can teach you how to speak, write, listen, and read in English.
Jessie Ho
December 4, 2020
Business Insider
Learn to read, write, and speak Korean from language-learning platforms, online courses, and a wealth of free videos, books, and resources.
Simon Hill
December 1, 2020
Digital Trends
Learning a language can be tough. Fortunately, we've found the best apps to help make learning a foreign tongue fun with lessons, quizzes, and other activities.
Will Nicol
November 30, 2020
Digital Trends
A proper education is crucial to success, but you don't need to go back to school to stay sharp, as there are plenty of apps to help you educate yourself.
Lauren David
November 24, 2020
Business Insider
Platforms like Babbel, Duolingo, Rosetta Stone, edX, and Coursera can cover everything you need to know as a beginner Spanish speaker.
Natasha Mascarenhas
November 24, 2020
TechCrunch
Last week, Udemy, an online learning marketplace, raised $50 million at a $3.32 billion valuation, up from a $2 billion valuation earlier this year. Language learning app Duolingo raised $35 million on a $2.4 billion valuation, up from a $1.65 valuation from earlier this year. The valuation bumps for both Duolingo and Udemy underscore just [...]
Anthony Ha
November 18, 2020
TechCrunch
Apple is making a big shift in App Store fees, Duolingo raises more funding and Pfizer releases updated vaccine results. This is your Daily Crunch for November 18, 2020. The big story: Apple cuts App Store fees Apple is cutting the 30% fee it normally charges for App Store transactions to 15% for some developers [...]
FinSMEs
November 18, 2020
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Ingrid Lunden
November 18, 2020
TechCrunch
Last week, we reported that popular language learning app Duolingo, with 500 million total app downloads , was raising $35 million on a valuation of at least $2.21 billion -- the latest chapter in what has become a long book on how e-learning and other education startups are raking in big audiences and significant funding, a [...]
Natasha Mascarenhas
April 27, 2020
TechCrunch
Earlier this month, edtech unicorn Duolingo raised $10 million in new venture capital from General Atlantic, per an SEC filing. With the raise, the online language learning platform accepted its first outside investor in almost three years. General Atlantic will take a board seat at the company, per Duolingo. The company, which was last valued [...]
Frederic Lardinois
March 26, 2020
TechCrunch
Until now, Duolingo's focus was always squarely on teaching languages, but today, the company launched Duolingo ABC, a free English literacy app for children ages 3 to 6. Originally, the company had planned on unveiling this app later in the year, but due to the COVID-19 pandemic, it decided to launch it early to help [...]
Frederic Lardinois
March 25, 2020
TechCrunch
Babbel, the Berlin-based paid language learning app, today announced that, in light of the COVID-19 pandemic, it is making its service available for free to all K-12 and college students until the end of the term. Previously, the company offered a similar deal for students in Italy, the U.K., Germany, Spain and France. The service [...]
Libby Brooks Scotland correspondent
January 2, 2020
the Guardian
Duolingo's Scottish Gaelic course launched just before St Andrew's Day. Photograph: Duolingo/PA
SHOW MORE
References
Is a
Company attributes
Location
B2X
CEO
Founder
Crunchbase
CIK number
Investors
Founded date
November 30, 2011
Total funding amount (USD)
168,299,899
Latest funding round date
November 2020
Business model
AdvertisingSubscription (with freemium option)
Other attributes
Country
Headquarters
Wikidata ID
Categories
Related Topics
Contributors
- 1
Daniel Frumkin
Mechanical engineering, cryptocurrencies, AI, and travel. - 2
Aleksander Holm
Interested in understanding the world we live in. - 3
Neelam Jhaveri
Techno Geek + Gamer + Fashionista + Sense of Humor = It's ME - 4
Carla Faraguna
Golden People and Operations. - 5
Henry Ogolla
Passionate about reading and writing. - 6
Julius John Villarisco
Every day is a new learning for me, new opportunity every time. Never limit my self, think outside the box. - 7
Dave Hrdlička
(╯°□°)╯|\ _____ /| ¯\_(ツ)_/¯ - 8
Jude Gomila
Founder and CEO of Golden, Entrepreneur. Investor in 200+ companies. Cantabrigian (Gonville and Caius). Interested in the Universe. - 9
Jed Christiansen
Special Projects & Business Development at Golden, Founder - Seed-DB.