Duolingo Overview

  • Year Founded
  • 2011

Year Founded

  • Status
  • Public

  • Employees
  • 720

Employees

  • Stock Symbol
  • DUOL

Stock Symbol

  • Investments
  • 2

  • Share Price
  • $194.66
  • (As of Wednesday Closing)

Duolingo General Information

Description

Duolingo Inc is a technology company that develops mobile learning platform to learn languages and is the top-grossing app in the Education category on both Google Play and the Apple App Store. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated master new material, and achieve their learning goals. Its solutions include The Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has three predominant sources of revenue; time-based subscriptions, in-app advertising placement by third parties, and the Duolingo English Test.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Educational Software
Other Industries
Educational and Training Services (B2C)
Application Software
Stock Exchange
NAS
Corporate Office
  • 5900 Penn Avenue
  • Second Floor
  • Pittsburgh, PA 15206
  • United States
+1 (412) 000-0000

Duolingo Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Duolingo Stock Performance

(As of Wednesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$194.66 $198.17 $116.82 - $245.87 $8.38B 42.9M 629K $0.39

Duolingo Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 8,855,148 8,855,148 2,286,185 3,436,690
Revenue 531,109 531,109 369,495 250,772
EBITDA (6,219) (6,219) (61,001) (57,251)
Net Income 16,067 16,067 (59,574) (60,135)
Total Assets 953,957 953,957 747,347 661,311
Total Debt 25,038 25,038 28,406 32,460
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Duolingo Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Duolingo‘s full profile, request access.

Request a free trial

Duolingo Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

This information is available in the PitchBook Platform. To explore Duolingo‘s full profile, request access.

Request a free trial

Duolingo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Duolingo Inc is a technology company that develops mobile learning platform to learn languages and is the top-grossing a
Educational Software
Pittsburgh, PA
720 As of 2023
00000
00.000 0000-00-00
00000000 00000

00000

exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute
00000000000 00000000
London, United Kingdom
000 As of 0000
000.00
00000 0000-00-00
000000&0 000.00

00000

ommodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse
00000000000 000 0000
Jaipur, India
000 As of 0000
00.000
000.00 0000-00-00
00000000000 00.000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Duolingo Competitors (27)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Busuu Formerly VC-backed London, United Kingdom 000 000.00 000000&0 000.00
Hello English Venture Capital-Backed Jaipur, India 000 00.000 00000000000 00.000
Babbel Venture Capital-Backed Berlin, Germany 0000 000.00 00000000
Open English Venture Capital-Backed Coral Gables, FL 0000 00000 000000 - 000 00000
SpeakingPal Venture Capital-Backed Tel Aviv, Israel 00 00.00 00000000000 00.00
You’re viewing 5 of 27 competitors. Get the full list »

Duolingo Executive Team (17)

Name Title Board Seat Contact Info
Luis von Ahn Ph.D Co-Founder, Chief Executive Officer and Board Member
Matt Skaruppa Chief Financial Officer
Severin Hacker Ph.D Chief Technology Officer & Co-Founder
Rogelio Alvarez Vice President of Business & General Manager Duolingo English Test
Emmanuel Orssaud Chief Marketing Officer
You’re viewing 5 of 17 executive team members. Get the full list »

Duolingo Board Members (10)

Name Representing Role Since
Amy Bohutinsky Self Board Member and Member Of Nominating and Governance and Compensation Committee 000 0000
Anthony Florence New Enterprise Associates Board Member 000 0000
Bing Gordon Self Board Member 000 0000
Brad Burnham Union Square Ventures Board Member 000 0000
Gillian Munson Union Square Ventures Board Member 000 0000
You’re viewing 5 of 10 board members. Get the full list »

Duolingo Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Duolingo Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Duolingo‘s full profile, request access.

Request a free trial

Duolingo Investments & Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Gunner (Other Commercial Services) 03-Oct-2022 0000000000 00.00 Other Commercial Services 0000 000
StrongArm Tech 20-Jan-2022 Later Stage VC 0000 Electronic Equipment and Instruments
To view Duolingo’s complete investments and acquisitions history, request access »

Duolingo ESG

Risk Overview

Risk Rating

Updated February, 28, 2024

26.97 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,173

Rank

00.00

Percentile

Software & Services

Industry

00 of 1,101

Rank

00.0

Percentile

Internet Software and Services

Subindustry

00 of 244

Rank

00.0

Percentile

To view Duolingo’s complete esg history, request access »

Duolingo Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
StrongArm Tech 20-Jan-2022 00000 00000 00 0000 Completed
  • 5 buyers
To view Duolingo’s complete exits history, request access »

Duolingo FAQs

  • When was Duolingo founded?

    Duolingo was founded in 2011.

  • Who is the founder of Duolingo?

    Luis von Ahn Ph.D, Severin Hacker Ph.D, Hector Villafuerte, and Jose Fuentes are the founders of Duolingo.

  • Who is the CEO of Duolingo?

    Luis von Ahn Ph.D is the CEO of Duolingo.

  • Where is Duolingo headquartered?

    Duolingo is headquartered in Pittsburgh, PA.

  • What is the size of Duolingo?

    Duolingo has 720 total employees.

  • What industry is Duolingo in?

    Duolingo’s primary industry is Educational Software.

  • Is Duolingo a private or public company?

    Duolingo is a Public company.

  • What is Duolingo’s stock symbol?

    The ticker symbol for Duolingo is DUOL.

  • What is the current stock price of Duolingo?

    As of 17-Apr-2024 the stock price of Duolingo is $194.66.

  • What is the current market cap of Duolingo?

    The current market capitalization of Duolingo is $8.38B.

  • What is Duolingo’s current revenue?

    The trailing twelve month revenue for Duolingo is $531M.

  • Who are Duolingo’s competitors?

    Busuu, Hello English, Babbel, Open English, and SpeakingPal are some of the 27 competitors of Duolingo.

  • What is Duolingo’s annual earnings per share (EPS)?

    Duolingo’s EPS for 12 months was $0.39.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »