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Full-Time

Lead Manager

Corporate Development & Strategy

Posted on 6/27/2024

Duolingo

Duolingo

1,001-5,000 employees

Language learning app with gamified lessons

Consumer Software
Education

Compensation Overview

$147k - $300.6kAnnually

Senior

Pittsburgh, PA, USA

Category
Corporate Finance
Finance & Banking
Required Skills
Communications
Requirements
  • Minimum 3 years consulting or investment banking experience and 3+ years of Corporate Development or Venture Investing experience
  • Experience working with product and engineering teams
  • Proficiency in modeling, analysis, and research, with strong attention to detail
  • Outstanding written and verbal communication skills
  • Self-starter capable of working independently with rapid cycles of analysis, iteration, and decision-making
  • Strong leadership skills
Responsibilities
  • Lead all aspects of M&A end-to-end from sourcing to close
  • Identify and track compelling opportunities that support Duolingo’s strategic priorities through industry research and interaction with business leaders, founders, venture capitalists, and others
  • Partner with business and product teams to evaluate opportunities
  • Develop financial and valuation analyses for potential transactions
  • Coordinate due diligence processes with cross-functional teams and target companies
  • Build investment memos and presentations for executives and Board members
  • Assist with integration planning and execution

Duolingo offers a language learning app that utilizes gamified, data-driven lessons and incorporates insights from language learning scientists, machine learning engineers, and AI experts to enhance its effectiveness. The platform's technologies include gamification, data-driven learning, and insights from language learning scientists, machine learning, and AI.

Company Stage

IPO

Total Funding

$643.3M

Headquarters

Pittsburgh, Pennsylvania

Founded

2011

Growth & Insights
Headcount

6 month growth

13%

1 year growth

22%

2 year growth

38%
Simplify Jobs

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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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

INACTIVE