Duolingo

Pittsburgh, United States Founded: 2011 • Age: 15 yrs Listed
Developer of a platform providing gamified language learning through interactive exercises

About Duolingo

Duolingo is a company based in Pittsburgh (United States) founded in 2011 by Severin Hacker and Luis Von Ahn. Duolingo has raised $183.3 million across 9 funding rounds from investors including Kleiner Perkins, General Atlantic and Franklin Resources. The company has 830 employees. Duolingo has completed 3 acquisitions, including Gunner, Hobbes and NextBeat. Duolingo operates in a competitive market with competitors including Rosetta Stone, Beelinguapp, Vocabulary.com, Kamkalima and Mango Languages, among others.

  • Headquarter Pittsburgh, United States
  • Employees 830
  • Founders Severin Hacker, Luis Von Ahn
  • Stage Public
  • Sectors
    Education
  • Website category Science and Education · Education
  • Email
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  • Phone
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  • Website duolingo.com
  • Social LinkedIn X Facebook
  • Legal Name Duolingo, Inc.
Key Metrics
  • Annual Revenue
    $748.02 M (USD)
    40.84
    as on Dec 31, 2024
  • Net Profit
    $88.57 M (USD)
    451.28
    as on Dec 31, 2024
  • EBITDA
    $74.42 M (USD)
    1376.5
    as on Dec 31, 2024
  • Total Equity Funding
    $183.3M (USD)

    in 9 rounds

  • Investors
  • Employee Count
    830
  • Investments & Acquisitions
    Gunner

    & 2 more

Apps and channels of Duolingo

Duolingo publishes 3 mobile apps with over 510M+ downloads.

Duolingo: Language Lessons
Google Play Education Everyone Free
Developer: Duolingo
View on Google Play
Duolingo - Language Lessons
App Store Education 4+
Developer: Duolingo
View on App Store
Learn to Read - Duolingo ABC
Google Play Education Everyone Free
Developer: Duolingo
View on Google Play

Funding Insights of Duolingo

Duolingo has successfully raised a total of $183.3M across 9 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $183.3M
  • Total Rounds 9
  • First Round $3.3M

    (Oct 2011)

  • Investors Count 10

All 9 funding rounds of Duolingo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022–Post-IPO––
Nov 2020$35MSeries H–Durable Capital Partners
Apr 2020$10MSeries G–General Atlantic
–
Nov 2019$30MSeries F$1.5BCapitalG
–
Jul 2017$25MSeries E–Drive Capital
–
Jun 2015$45MSeries D$470MCapitalG
Feb 2014$20MSeries C–Kleiner Perkins
Sep 2012$15MSeries B–New Enterprise Associates
Oct 2011$3.3MSeries A–Union Square Ventures
Valuation history
DateValuationStage
Nov 2019$1.5Bβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2015$470Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.5B (Nov 2019). 10 investors in total: 8 institutional and 2 angel.

Investors in Duolingo

Duolingo has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kleiner Perkins, General Atlantic and Franklin Resources.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investment management services are offered by Durable Capital Partners.
–durablecap.comBethesda, United States
Private equity fund focused on global markets
1980generalatlantic.comNew York, United States
Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
–capitalg.comSan Francisco, United States
Venture capital firm focused on pre-seed and seed stage investments
–drivecapital.comColumbus, United States
Venture capital investments are offered to startups by NEA.
–nea.comMenlo Park, United States
Venture capital firm focused on blockchain, wellbeing, and multiple sectors
–usv.comNew York, United States
Venture capital firm investing in early-stage tech startups
1972kleinerperkins.comMenlo Park, United States
Diversified investment management is provided, focused on venture capital funds.
–franklinresources.comRancho Cordova, United States

Tim Ferris

-
–unknown_07e86faf8f8441a79-

Ashton Kutcher

Actor, entrepreneur, and angel investor in tech startups globally.
–unknown_9a99e21fa2c8488c9-
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Investor details for Duolingo

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of Duolingo

442 people are tracked at Duolingo (91 in leadership, 3 in board & advisors, 348 in team); the tracked headcount is 830.

NameRoleGroup
Severin Hacker
Co-FounderLeadership
Luis Von Ahn
Co-Founder & CEOLeadership
Mehdi Samadi
Senior Director Of Engineering -- LLM TeamLeadership
Natalie Glance
Chief Engineering OfficerLeadership
Tyler Murphy
Chief Product DesignerLeadership
Eddye J. Borgese
Director Of Design OperationsLeadership
Xavier A. Gonzalez
Director Of Talent Acquisition OperationsLeadership
Meghan Walker
Director Of Business & Creative RecruitingLeadership
Siavash Haghtalab
Director Of EngineeringLeadership
Joseph Rollinson
Director Of EngineeringLeadership
Aparajita Singh Turton
Vp, Head Of Strategy, Corporate Development & Business OperationsLeadership
Matt Skaruppa
Chief Financial OfficerLeadership
Kim de Anda
Regional Marketing DirectorLeadership
John Hughes
Associate Creative DirectorLeadership
Molly Brean
Chief Of Staff To The CEOLeadership
Chloë Dubois
Head Of Store & Consumer ProductsLeadership
Ryan Sims
Chief Design OfficerLeadership
Bob Meese
Chief Business OfficerLeadership
Peng Zuo
Director Of EngineeringLeadership
Sebastian Somen
VP Of Finance At DuolingoLeadership

422 more people are available in the full profile.

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Complete people profiles for Duolingo

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Duolingo

Duolingo is a publicly listed company on the NASDAQ with ticker symbol DUOL in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date28 Jul 2021
  • Listed onNASDAQ: DUOL
  • Listed entityDuolingo, Inc.
  • Exchange sectorTechnology services
  • ISINUS26603R1068
  • Share price$140.10 (-5.17% on the day) · 2026-10-13
  • Market capitalisation$6.55B
  • Price to earnings16.8
  • EPS (diluted, trailing year)$8.34
  • Volume (last session)769,093

Financials of Duolingo

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$1.04B$414.1M$155.6M
2024$748.0M$88.6M$74.4M
2023$531.1M$16.1M-$5.8M
2022$369.5M-$59.6M-$59.7M
2021$250.8M-$60.1M-$53.4M
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Detailed financial statements for Duolingo

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Duolingo

Duolingo has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Gunner, Hobbes and NextBeat.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Mobile games are developed and distributed via app stores.
nextbeat.comLondon, United Kingdom2019Aug 2025β€’β€’β€’β€’
Online animation solutions are provided for film and TV industry.
hobbes.workDetroit, United States2018Jul 2024β€’β€’β€’β€’
Illustration and animation services are provided by the studio.
gunner.workDetroit, United States2015Oct 2022β€’β€’β€’β€’
Premium access

Complete acquisition details for Duolingo

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Duolingo

9 dated milestones of Duolingo across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded Duolingo is founded.
  2. Funding First funding round of $3.3M.
  3. Milestone Reaches Minicorn status.
  4. Milestone Reaches Unicorn status.
  5. IPO Lists on the stock exchange (IPO).
  6. Funding Latest funding round, Post-IPO,.
  7. Acquisition Acquires Gunner.
  8. Acquisition Acquires Hobbes.
  9. Acquisition Acquires NextBeat.

Competitors of Duolingo

Duolingo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rosetta Stone, Beelinguapp, Vocabulary.com, Kamkalima and Mango Languages, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
rosettastone.com1992Arlington, United States$62M1,155
Speech-recognition technology is utilized for language learning software solutions.
beelinguapp.com2016Berlin, Germany$1.1M1
App-based language learning resources are provided for individuals.
vocabulary.com1997New York, United States–45
Interactive games and adaptive dictionary are used for vocabulary learning.
kamkalima.com2014Beirut, Lebanon$1.9M–
Online learning platform for language schools
mangolanguages.com2007Farmington Hills, United States––
Provides interactive language-learning app for individuals and organizations worldwide.
chatclass.ai2014Sao Paulo, Brazil$3.41M–
AI-based platform offering diversified learning solutions for students
learning-labs.co.uk2012Birmingham, United Kingdom$1.01M36
Language learning solutions are provided by Learning Labs.
pehlupaglu.in2022Bhavnagar, India––
Educational app offering Gujarati alphabets, stories, songs, and numbers for kids.
transparent.com1991Nashua, United States––
App-based solutions for learning multiple languages are provided.
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Detailed competitors of Duolingo

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
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Verified entity values are shown only after access is granted.

Web traffic of Duolingo

The website of Duolingo (duolingo.com) receives about 56.4M visits a month and ranks #588 among all websites worldwide, #15 in Education.

  • Monthly visits
    56.4M

    ▼ 1% vs previous month

  • Unique visitors
    10.6M

    per month

  • Global rank
    #588

    among all websites

  • Category rank
    #15

    Science and Education · Education

Similar websites

Websites whose visitors overlap most with Duolingo. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
majortests.com
majortests.com
100%
–––
busuu.com
93%
3.4M#7,978View details
khanacademy.org
90%
25.9M#1,707View details
preply.com
90%
23.1M#2,581View details
coursera.org
89%
44.7M#744View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Duolingo

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Duolingo

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Complete news archive for Duolingo

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Duolingo

10 companies that operate in the same segment as Duolingo (Corporate & Professional Learning Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Professional certification training courses are provided via an online platform.
2015Mumbai, Maharashtra, IndiaUSD 371.77 MUSD 143.62 M7,112
Cloud-based LMS platform for IT industry
2004Farmington, United StatesUSD 235.41 MUSD 4.95 M260
Professional certification programs are delivered through a mobile platform.
2010San Francisco, California, United StatesUSD 80.82 MUSD 84.24 M1,661
An online platform for multi-course education is operated.
2012Mountain View, California, United StatesUSD 443.17 MUSD 757.5 M1,260
Online courses in creative fields are delivered by celebrity experts.
2012San Francisco, California, United StatesUSD 461.4 M–623
Executive education programs from global universities are offered to professionals.
2010Singapore, SingaporeUSD 961.07 M––
Vernacular-based hyperlocal platform for online programming mentoring is developed.
2014Chennai, Tamil Nadu, IndiaUSD 3.9 MUSD 4.13 M496
Mobile and cloud-based resources for medical exams are delivered.
2012Berlin, Berlin, GermanyUSD 291.94 M––
One-to-one online English tutoring is provided by 51Talk.
2011Beijing, ChinaUSD 89 MUSD 95.85 M539
Language learners are connected with online tutors for personalized lessons.
2012Brookline, Massachusetts, United StatesUSD 320.81 M––
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Frequently Asked Questions about Duolingo

Duolingo was founded in 2011.

Duolingo is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

Luis Von Ahn is the current CEO of Duolingo. They have also founded this company.

Duolingo is a funded company, having raised a total of $183.3M across 9 funding rounds to date. The company's 1st funding round was a Series A of $3.3M, raised on Oct 2011.

Duolingo has 830 employees.

Annual revenue of Duolingo is $748.02M as on Dec 31, 2024.

Duolingo was founded in 2011 in Pittsburgh, United States, as a developer of an edtech platform focused on language acquisition. Lessons are structured in bite-sized formats, with points awarded for progression and leveling up. Curriculum adjustments are made based on users strengths and weaknesses. Immediate grading and feedback are provided to enhance skills, serving global users through the duolingo.com domain.

Duolingo's top competitors include Rosetta Stone, Vocabulary.com and Beelinguapp.

Yes, Duolingo is publicly traded on NASDAQ under the ticker symbol DUOL.

Duolingo has made 3 acquisitions, including Gunner, Hobbes, and NextBeat.

Duolingo has 10 investors. Key investors include Kleiner Perkins, General Atlantic, Franklin Resources, Durable Capital Partners, and CapitalG.

The valuation of Duolingo is $1.5B as of Nov 2019.

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