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Pittsburgh Pennsylvania based Duolingo is raising $34,999,934.00 in New Equity Investment.

Pittsburgh Pennsylvania based Duolingo is raising $34,999,934.00 in New Equity Investment.

December 9, 2020 Craig Etkin

Pittsburgh, PA – According to filings with the U.S. Securities and Exchange Commission, Duolingo is raising $34,999,934.00 in new funding. Sources indicate as part of senior management Co-Founder and Chief Technology Officer, Severin Hacker played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Duolingo

We created Duolingo so that everyone could have a chance. Free language education no hidden fees, no premium content, just free. Duolingo is used by the richest man in the world and many Hollywood stars, and at the same time by public schools students in developing countries. We believe true equality is when spending more can’t buy you a better education. Everyone learns in different ways. For the first time in history, we can analyze how millions of people learn at once to create the most effective educational system possible and tailor it to each student.

To learn more about Duolingo, visit http://www.duolingo.com/

Contact:
Severin Hacker, Co-Founder and Chief Technology Officer
412-567-6602
https://www.linkedin.com/in/severinhacker/

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
6280, Duolingo, Pennsylvania, Pittsburgh, Venture Capital

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