About Duolingo
Duolingo provides a language learning platform that engages users through gamified, bite-sized lessons. The app is designed for a wide range of users, from those learning for personal enjoyment to professionals and students needing language skills for their careers or studies. Users can access the core features of the app for free, while premium subscriptions offer an ad-free experience and additional functionalities. Duolingo stands out from its competitors by being the most downloaded education app ever and the top-grossing education app in 2019. The company's goal is to make high-quality education accessible to everyone, and it has received recognition for its positive workplace culture and contributions to the education sector.
Pittsburgh, PennsylvaniaHeadquarters
2011Year Founded
$178.3MTotal Funding
IPOCompany Stage
Consumer Software, EducationIndustries
1,001-5,000Employees
Benefits
Medical, dental, and vision for employees as well as eligible partners and dependents
Mental health benefits such as therapy sessions and coaching to support you to be your best self
Fertility benefits to support your family planning journey
Fully paid parental and adoption leave
Fully paid subscription to Care.com and paid backup days for dependents and your fur family
401(k) with generous match and immediate vesting
20 days of PTO, with two additional weeks off for winter break
Yearly professional development stipend
Transportation reimbursement for however you get to work
Lunch prepared daily by our in-house chefs
Annual international retreat for all full-time employees
On-site gym and massages
On-site game/break room
Risks
Increased competition from AI-driven platforms could threaten Duolingo's market share.
Reliance on Amazon Web Services poses risks if service disruptions occur.
AI agent Lily for premium users may cause dissatisfaction among free users.
Differentiation
Duolingo offers 98 courses across nearly 40 languages, a broad language selection.
The platform uses gamified, bite-sized lessons to enhance user engagement and learning.
Duolingo's freemium model allows free access with optional premium features for revenue.
Upsides
Partnerships with companies like Netflix boost user engagement and brand visibility.
AI-driven personalized learning, like AI agent Lily, enhances user experience and retention.
Growing demand for language learning due to globalization supports Duolingo's mission.
Funding
Total raised$178.30 M
Latest valuation$6.50 B
StageIPO
IPO
6/30/2021$520
$6.50 BLATE VC
10/31/2020$35
$2.40 BSERIES F
11/30/2019$30
$1.50 BSERIES E
6/30/2017$25
$125.00 MSERIES D
5/31/2015$45
$225.00 MSERIES C
1/31/2014$20
$100.00 MSERIES B
8/31/2012$15
$75.00 MSERIES A
9/30/2011$3
$16.50 M