Duolingo is a leading platform offering an engaging and accessible way to learn a new language. The company's mission is to enhance global education and ensure its widespread availability. Boasting the title of the most downloaded education app in App Store history and the top-grossing education app globally in 2019, Duolingo has successfully carved its niche. By employing bite-sized, gamified lessons, the company maintains a learner-centric approach, striving to transform language learning from arduous to enjoyable. Notably, it has garnered recognition from various accolades such as BuiltIn's Best Places to Work (2023), Fast Company Best Workplaces for Innovators (2022), and Fast Company 10 Most Innovative Education Company (2022). With its latest investment of $35.00M in a Series H round led by General Atlantic, Durable Capital Partners, and Arctic Ventures in November 2020, the United States-based company continues to demonstrate its appeal to venture capital and its capacity for growth.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series H | $35.00M | 3 | Arctic Ventures | 18 Nov 2020 |
Series G | $10.00M | 1 | 14 Apr 2020 | |
Series F | $30.00M | 1 | 04 Dec 2019 | |
Series E | $25.00M | 1 | 25 Jul 2017 | |
Series D | $45.00M | 8 | Timothy Ferriss, Employee Stock Option Fund | 10 Jun 2015 |