Duolingo Revenue and Competitors

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Location

$183.3M

Total Funding

EdTech

Industry

Estimated Revenue & Valuation

  • Duolingo's estimated annual revenue is currently $226M per year.(i)
  • Duolingo received $25.0M in venture funding in July 2017.
  • Duolingo's estimated revenue per employee is $160,647
  • Duolingo's total funding is $183.3M.
  • Duolingo's pricing is $83 per year.
  • Duolingo's current valuation is $3.5B. (January 2022)

Employee Data

  • Duolingo has 1407 Employees.(i)
  • Duolingo grew their employee count by 28% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$202.4M876N/AN/AN/A
#2
$14.2M86-21%$21.8MN/A
#3
$147.4M726N/AN/AN/A
#4
$24.8M161N/AN/AN/A
#5
$315.9M1556N/AN/AN/A
#6
$26.6M17733%$31.8MN/A
#7
$414.8M207242%$124.5MN/A
#8
$1.3M13N/AN/AN/A
#9
$0.3M4N/AN/AN/A
#10
$29.9M165N/AN/AN/A
#11
$910M2675N/AN/AN/A
#12
$6.2M47N/AN/AN/A
#13
$2.9M23N/AN/AN/A
#14
$1.6M16N/AN/AN/A
#15
$120.7M585N/AN/AN/A
#16
$11M74N/AN/AN/A
#17
$79.6M386N/AN/AN/A
#18
$17.8M108N/AN/AN/A
#19
$28.7M19146%$62.5MN/A
#20
$3.7M32N/AN/AN/A

Duolingo is the world's most popular way to learn languages online with over 200 million users. Founded in 2011 by crowdsourcing pioneer Luis von Ahn and Severin Hacker, it is the most downloaded Education app on iOS and Android and has been awarded Apple's iPhone App of the Year and Android's Best of the Best. With the mission to bring free language education to the world, we're building a future in which the highest-quality education is accessible to all. Our approach is simple - language learning should be fun, personalized, and based on science. Duolingo has raised US $108.3 million to date from investors including Union Square Ventures, New Enterprise Associates, Kleiner Perkins Caufield & Byers, Capital G (formerly Google Capital) and most recently, Drive Capital.

keywords:saas, Education,Mobile

$183.3M

Total Funding

1407

Number of Employees

$226M

Revenue (est)

28%

Employee Growth %

$3.5B

Valuation

N/A

Accelerator

Duolingo News

2022-04-17 - Creativity Awards 2022 Winner: Duolingo

There is only one way to describe Duolingo's TikTok: They get it. See all of the 2022 Ad Age Creativity Awards winners here.

2022-04-17 - How Duolingo built a $250 million brand by being a jerk

It wasn't a real TV ad from a scummy lawyer, but an April Fool's prank released earlier this month by Duolingo, the popular education app known...

2022-04-17 - Collegedunia has established itself as a successful partner of the Duolingo English Test in India

With the Duolingo English Test students planning to study abroad have realized the benefits of certifying their English at their place of...

2021-09-23 - Duolingo doesn’t want to disrupt the college degree

A lot has changed for Duolingo. The language learning company launched nearly a decade ago on the Disrupt stage with no monetization plans. Today, that scrappy app has matured into a well-known consumer brand and a business that makes a ton of money. This growth fueled the startup’s recent decis ...

2021-08-27 - EdTech language platform Duolingo ups the AI ante

The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! EdTech provider Duolingo is tapping AI to advance its efforts to teach millions of people dozens of languages. The moves were front and center at the company’s recent Duocon eve ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$448.4M14568%N/A
#2
$311.9M14852%N/A
#3
$513.8M1498N/AN/A
#4
$692.9M1509N/AN/A
#5
$374.6M152318%$41M

Duolingo Funding

DateAmountRoundLead InvestorsReference
2014-02-19$20.0MCKleiner PerkinsArticle
2015-06-11$45.0MUndisclosedGoogle CapitalArticle
2017-07-26$25.0MEDrive CapitalArticle