Duolingo
#27 on Setter30 Most recent: Q2 2021Duolingo is a mobile-first language learning platform offering courses in 40+ languages through gamified lessons and exercises. The company serves over 50 million daily active users worldwide with a freemium model complemented by premium subscriptions.
Public Company
Duolingo is publicly traded
IPO'd on July 28, 2021
This company is no longer available on our private secondary market. Shares can be traded publicly under DUOL.
Overview
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Employees
900+
Total Funding
$173.3M
7 rounds
Last Private Valuation
$2.4B
November 2020
Funding
Total raised $173.3M across 7 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series H
Date
November 2020
Amount
$35M
Valuation
$2.4B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| November 2020 | Series H | $35M | $2.4B | General Atlantic, Durable Capital Partners |
| December 9, 2019 | Series F | $30M | $1.5B | CapitalG |
| July 25, 2017 | Series E | $25M | $0.7B | Drive Capital |
Funding by Round
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation Trajectory
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series D
$0.5B
Jun 2015
Duolingo today
$2.4B
Nov 2020 · latest mark
Duolingo multiple
5.1x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Leadership
Competitors
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Babbel
Language learning app with interactive lessons and personalized curricula.
Busuu
Social language learning platform with community-based lessons and feedback.
Rosetta Stone
Immersive language learning software using dynamic immersion methodology.
Memrise
AI-powered language learning platform combining spaced repetition with videos.
Pimsleur
Audio-based language learning program using spaced repetition methodology.
Khan Academy
Free online learning platform offering courses across multiple subjects including languages.
Duolingo Investment FAQ
Duolingo FAQ
Yes, Duolingo is publicly traded under the ticker symbol DUOL on the NASDAQ. The company went public in July 28, 2021.
Duolingo trades under the ticker symbol DUOL on the NASDAQ. It began trading in July 28, 2021.
Duolingo (DUOL on the NASDAQ) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker DUOL to place an order.
Duolingo went public in July 28, 2021 via ipo, with an offering valuation of approximately $2.4B. Duolingo completed its IPO on July 28, 2021 on NASDAQ under ticker DUOL, raising $521M at a $3.7B valuation. The stock opened at $141.40 and closed up 36% on the first day of trading.
Duolingo raised $173.3M across 7 disclosed funding rounds prior to its public listing.
Duolingo was co-founded by Luis von Ahn, and Severin Hacker in 2011.
Duolingo is headquartered in Pittsburgh, PA.
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