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

To invest in Duolingo pre-IPO

Can you invest in Duolingo pre-IPO?

You may invest in Duolingo as it is a public company listed on the NASDAQ with ticker DUOL. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Duolingo before it goes public?

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What is the pre-IPO value of my Duolingo shares?

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Is Duolingo a publicly traded company?

Duolingo became a public company following its IPO on 07/28/2021 and is now traded on the NASDAQ under the ticker DUOL.

To learn more about Duolingo potential IPO

Will Duolingo go IPO?

Duolingo became a public company following its IPO on 07/28/2021 and is now traded on the NASDAQ under the ticker DUOL.

What is Duolingo’s IPO price?

The IPO price of Duolingo is not currently available.

When was Duolingo founded?

Duolingo was founded in 2011.

What is Duolingo funding to date?

Duolingo has raised $183.3MM to date.

Duolingo Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/18/2020 Series H $35MM $xx.xx $2.42B Durable Capital Partners, General Atlantic
Price per Share
$xx.xx
Shares Outstanding
585,623
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Durable Capital Partners, General Atlantic
04/09/2020 Series G $10MM $xx.xx $1.6B General Atlantic
Price per Share
$xx.xx
Shares Outstanding
241,658
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
General Atlantic
12/04/2019 Series F $30MM $xx.xx $1.51B CapitalG
Price per Share
$xx.xx
Shares Outstanding
758,146
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
CapitalG
09/12/2017 Series E $25MM $xx.xx $700MM Drive Capital, Inside Capital
Price per Share
$xx.xx
Shares Outstanding
1,223,708
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Drive Capital, Inside Capital
06/10/2015 Series D $45MM $xx.xx $470MM Ashton Kutcher, CapitalG, Kleiner Perkins, New Enterprise Associates, Timothy Ferriss, Union Square Ventures
Price per Share
$xx.xx
Shares Outstanding
3,153,798
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Ashton Kutcher, CapitalG, Kleiner Perkins, New Enterprise Associates, Timothy Ferriss, Union Square Ventures
02/18/2014 Series C $20MM $xx.xx $196.41MM Kleiner Perkins
Price per Share
$xx.xx
Shares Outstanding
2,947,720
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kleiner Perkins
09/17/2012 Series B $15MM $xx.xx $60.39MM New Enterprise Associates, Union Square Ventures
Price per Share
$xx.xx
Shares Outstanding
6,298,550
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
New Enterprise Associates, Union Square Ventures
10/01/2011 Series A $3.3MM $xx.xx $16.27MM A-Grade Investments, Ashton Kutcher, Timothy Ferriss, Union Square Ventures
Price per Share
$xx.xx
Shares Outstanding
3,865,073
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
A-Grade Investments, Ashton Kutcher, Timothy Ferriss, Union Square Ventures
Updated on: Nov 8, 2024

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