Duolingo

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

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

‌

Duolingo Series A round

Series A round

3,300,000

October 19, 2011

Ashton Kutcher

Union Square Ventures

Brad Burnham

‌

Duolingo Series B round

Series B round

15,000,000

September 17, 2012

NEA (New Enterprise Associates)

Union Square Ventures

NEA (New Enterprise Associates)

Union Square Ventures

‌

Duolingo Series F round December 2019

‌

Series F round

30,000,000

December 2019

Duolingo funding round, July 2017

‌

Series E round

25,000,000

July 2017

Drive Capital

‌

Duolingo, Inc. funding round, January 2020

29,999,988

January 2020

‌

Duolingo Series C round February 2014

‌

Series C round

20,000,000

February 2014

‌

Duolingo, Inc. funding round, April 2020

9,999,977

April 2020

7 Results

Page 1 of 1

Results per page:

Products

Product

Description

Launch date

Website

Industry

Duolingo English Test

Duolingo English Test is a English proficiency certification test.

englishtest.duolingo.com/en

Language education

English Language Proficiency Test

2 Results

Page 1 of 1

Results per page:

People

Name

Role

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

Documentaries, videos and podcasts

Title

Date

Link

Companies

Company

CEO

Location

Products/Services

News

Title

Author

Date

Publisher

Description

Understanding Duolingo's quiet $10M raise

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 [...]

Duolingo's new app teaches children how to read and write

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 [...]

Babbel makes its language learning app free for all US students

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 [...]

Duolingo sparks Gaelic boom as young Scots shrug off 'cringe' factor

Libby Brooks Scotland correspondent

January 2, 2020

the Guardian

Duolingo's Scottish Gaelic course launched just before St Andrew's Day. Photograph: Duolingo/PA

Duolingo is now a unicorn after a $30 million investment from CapitalG - Business Insider

Mary Meisenzahl

December 5, 2019

Business Insider

Duolingo, based in Pittsburgh, is now considered a unicorn after a $30 million investment from CapitalG, Alphabet's investment fund.

Duolingo's ABC app will teach kids how to read and write

Mariella Moon

October 8, 2019

Engadget

Duolingo will release a new app in the coming months with a new audience in mind: children as young as four. It will be called Duolingo ABC, and the company tol...

500 Days of Duolingo: What You Can (and Can't) Learn From a Language App

ERIC RAVENSCRAFT

May 4, 2019

www.nytimes.com

Free language learning apps often promise the world -- but don't expect fluency from one. Here's what to expect before you sign up.