Tech Company Financing Transactions
Duolingo Funding Round
Duolingo secured a $25 million Series E investment round on 7/26/2017. Investors included Drive Capital and private investors.
Transaction Overview
Company Name
Announced On
7/26/2017
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series E
Investors
Drive Capital (Lead Investor) (Christopher Olsen)
Proceeds Purpose
The capital will be used to accelerate Duolingo's hiring and production development plans.
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
5541 Walnut St. 3rd Floor
Pittsburgh, PA 15232
USA
Pittsburgh, PA 15232
USA
Phone
Website
Email Address
Overview
Learn languages completely free, without ads or hidden charges. It's fun, easy, and scientifically proven.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Luis von Ahn
Chief Technical Officer
Severin Hacker
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About Our Venture Capital Transactions Database
We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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