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About
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 been recognized for its positive workplace culture.
Company Stage
IPO
Employees
1,001-5,000
Industries
Education
Total Funding
$178.3M
Headquarters
N/A
Founded
2011
Simplify's Take
What believers are saying
- The recent investments from Duality Advisers LP and Sumitomo Mitsui DS Asset Management indicate strong financial confidence in Duolingo's growth potential.
- The appointment of technology innovator Mario Schlosser to the board of directors could drive further innovation and strategic direction.
- Generative AI features have led to a 54% increase in paid subscribers, showcasing the company's ability to leverage cutting-edge technology for growth.
What critics are saying
- The competitive landscape is intensifying with new entrants like Unacademy, which could impact Duolingo's market share.
- The success of recent acquisitions like Hobbes depends on seamless integration and effective utilization of their capabilities.
What makes Duolingo unique
- Duolingo's integration of generative AI has significantly boosted its paid subscriber base, setting it apart from competitors.
- The acquisition of Hobbes enhances Duolingo's design and animation capabilities, improving user experience and engagement.
- Duolingo's language certification program, introduced in 2014, adds a unique value proposition compared to other language learning apps.
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6 month growth
↑ 11%1 year growth
↑ 17%2 year growth
↑ 35%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
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