Amount Raised
$35 Million
Round Type
Funding Round
PittsburghInformation TechnologySoftwareEducationE LearningEdtechLanguage LearningDescription
Duolingo, the world's most popular language-learning platform, today announced that it has raised $35 million in financing at a $2.4 billion valuation from Durable Capital Partners LP, an investment management firm that invests in both public and private markets, and General Atlantic, a leading global growth equity firm. This latest financing round brings the company's total funding to $183 million. Duolingo will use the new capital to fuel continued investment into the research and development of its suite of global language-learning products, as well as to accelerate the growth and expansion of its team.
Quick answer
Duolingo raised $35 Million in a Funding Round round, dated November 18, 2020. Duolingo is based in Pittsburgh, Pennsylvania, United States.
- How much did Duolingo raise?
- Duolingo raised $35 Million in a Funding Round round on November 18, 2020.
- What does Duolingo do?
- Duolingo is the leading mobile learning platform globally.
- Where is Duolingo based and how big is it?
- Duolingo is based in Pittsburgh, Pennsylvania, United States.
- Who are the decision-makers at Duolingo?
- Fundz holds 3 contacts at Duolingo, including the CMO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Education and E Learning around the same time
Companies in the same sectors as Duolingo that raised within 45 days of this round, from Fundz verified event records.
- TAL Education Group raised an undisclosed amount on November 12, 2020.
- Edmentum raised an undisclosed amount (Funding Round) on December 1, 2020.
- EMPOWERU INC. raised $1000K (Seed) on November 24, 2020.
- YESLER SOLUTIONS raised $5M (Seed) on December 31, 2020.
- RAMP raised $32M on December 29, 2020.
- Xevant raised $3.1M (Seed) on December 29, 2020.
Who to call at Duolingo, and when
A new round usually means Duolingo is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Duolingo raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Duolingo, from your own LinkedIn network
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Fundz sees it the moment Duolingo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Duolingo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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