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Duolingo Raises $35 Million to Fuel Continued Global Growth; New Series H funding to be used to drive product and team expansion; values company at $2.4 billion

Nov 18, 2020 - PR Newswire
Board and Executive Moves-Investments

PR Newswire

 Duolingo, the world's most popular language-learning platform, today announced that it has raised $35 million in financing at a $2.4 billion valuation from Durable Capital Partners LP, an investment management firm that invests in both public and private markets, and General Atlantic, a leading global growth equity firm. This latest financing round brings the company's total funding to $183 million. Duolingo will use the new capital to fuel continued investment into the resea...