Tech Company Financing Transactions
Duolingo Funding Round
Duolingo secured a $35 million funding round on 11/19/2020. Investors included Durable Capital Partners and General Atlantic.
Transaction Overview
Company Name
Announced On
11/19/2020
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Proceeds Purpose
Duolingo will use the new capital to accelerate 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.
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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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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