Duolingo was founded in 2011 by Luis von Ahn‎ and ‎Severin Hacker. In an interview with Inc. in December 2018, it was reported the company planning for an IPO in 2020, though no updated timelines have been publicly disclosed. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Duolingo owns and operates a mobile and web app that provides language-learning tools and lessons for free. The company has raised approximately $150 million in Venture Capital funding from investors including NewView Capital, Drive Capital, Inside Capital, CapitalG, Kleiner Perkins, Union Square Ventures, and A-Grade Investments. Per regulatory filings with the SEC, Duolingo last raised $10 million in April 2020 at an estimated post-money valuation of $1.6 billion.

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Learn more about Duolingo

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What is Duolingo's IPO price?

Duolingo's IPO price is $199.81 as of 1/18/24.
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What is Duolingo's funding to date?

Duolingo has raised $183.3MM to date.
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When was Duolingo founded?

Duolingo was founded in 2011.

Duolingo funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation

Series H

$35MM raised $XXX.XX $XXX.XX

Series G

$10MM raised $XXX.XX $XXX.XX

Series F

$30MM raised $XXX.XX $XXX.XX

Series E

$25MM raised $XXX.XX $XXX.XX

Series D

$45MM raised $XXX.XX $XXX.XX

Series C

$20MM raised $XXX.XX $XXX.XX

Series B

$15MM raised $XXX.XX $XXX.XX

Series A

$3.3MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jun 15, 2024


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