Tech Company Financing Transactions

Duolingo Funding Round

Duolingo secured a $25 million Series E investment round on 7/26/2017. Investors included Drive Capital and private investors.

Transaction Overview

Company Name
Announced On
7/26/2017
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series E
Investors

Drive Capital (Lead Investor) (Christopher Olsen)

Proceeds Purpose
The capital will be used to accelerate Duolingo's hiring and production development plans.

Company Information

Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
5541 Walnut St. 3rd Floor
Pittsburgh, PA 15232
USA
Email Address
Overview
Learn languages completely free, without ads or hidden charges. It's fun, easy, and scientifically proven.
Profile
Duolingo LinkedIn Company Profile
Social Media
Duolingo Company Twitter Account
Company News
Duolingo News
Facebook
Duolingo on Facebook
YouTube
Duolingo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Luis von Ahn
  Luis von Ahn LinkedIn Profile  Luis von Ahn Twitter Account  Luis von Ahn News  Luis von Ahn on Facebook
Chief Technical Officer
Severin Hacker
  Severin Hacker LinkedIn Profile  Severin Hacker Twitter Account  Severin Hacker News  Severin Hacker on Facebook


 

 

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Prev: 7/26/2017: Feathr venture capital transaction
Next: 7/26/2017: ActionStreamer venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to record all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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