Duolingo

Duolingo

Language learning platform with gamified lessons

About Duolingo

Simplify's Rating
Why Duolingo is rated
A
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A+ on Rating Differentiation

Industries

Consumer Software

Education

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Pittsburgh, Pennsylvania

Founded

2011

Overview

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 new languages 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.

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Simplify's Take

What believers are saying

  • Increased demand for language learning apps due to remote work and globalization.
  • Growing interest in gamified learning experiences among younger demographics.
  • Expansion of AI-driven personalized learning experiences in education technology.

What critics are saying

  • Increased competition from AI-driven language learning platforms threatens market share.
  • Recent marketing stunt may alienate users attached to the original brand identity.
  • Introduction of AI features could lead to privacy concerns among users.

What makes Duolingo unique

  • Duolingo offers 98 courses across nearly 40 languages, a broad language selection.
  • The platform uses gamified, bite-sized lessons to enhance user engagement.
  • Duolingo's freemium model allows free access with optional premium features.

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Funding

Total Funding

$178.3M

Below

Industry Average

Funded Over

8 Rounds

IPO funding comparison data is currently unavailable. We're working to provide this information soon!
IPO Funding Comparison
Coming Soon

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

Growth & Insights and Company News

Headcount

6 month growth

↓ -2%

1 year growth

↓ -2%

2 year growth

↓ -2%
MarketBeat
Mar 10th, 2025
Taika Capital LP Makes New $2.70 Million Investment in Duolingo, Inc. (NASDAQ:DUOL)

Taika Capital LP makes new $2.70 million investment in Duolingo, Inc. (NASDAQ:DUOL).

MarketBeat
Mar 8th, 2025
Cookson Peirce & Co. Inc. Makes New $20.49 Million Investment in Duolingo, Inc. (NASDAQ:DUOL)

Inc. makes new $20.49 million investment in Duolingo, Inc. (NASDAQ:DUOL).

MarketBeat
Mar 4th, 2025
New York Life Investment Management LLC Invests $1.28 Million in Duolingo, Inc. (NASDAQ:DUOL)

New York Life Investment Management LLC invests $1.28 million in Duolingo, Inc. (NASDAQ:DUOL).

Business Insider
Feb 28th, 2025
Duolingo killed its cartoon owl mascot for another 'unhinged' marketing stunt - except in one country

Duolingo killed its cartoon owl mascot for another 'unhinged' marketing stunt - except in one country.

Aibase
Feb 28th, 2025
Duolingo Launches AI Features to Boost English Learners' Performance

Beyond the video call feature, Duolingo has introduced other AI-powered tools within the app, making the learning process more engaging and fun.

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