intelligence360
  • About us
  • Contact Us
  • Search Icon

intelligence360

The Intelligent News Source

Pittsburgh Pennsylvania based Duolingo is raising $9,999,977.00 in New Equity Investment.

Pittsburgh Pennsylvania based Duolingo is raising $9,999,977.00 in New Equity Investment.

April 28, 2020 Craig Etkin

Pittsburgh, PA – According to filings with the U.S. Securities and Exchange Commission, Duolingo is raising $9,999,977.00 in new funding. Sources indicate as part of senior management Co-Founder, 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

Duolingo is the world’s most popular way to learn a language. Our mission is to make education free and accessible to all. Founded in 2011 by Luis von Ahn and Severin Hacker, the company is valued at $1.5B. It is the most downloaded education app in the history of the App Store and in 2019 became the top-grossing education app worldwide. The app has been awarded Apple’s iPhone App of the Year and Android’s Best of the Best. Learning a new language used to be expensive; we believe it should be free. Over 1.2 billion people are learning a second language and most of them are learning English to improve their lives.

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

Contact:
Severin Hacker, Co-Founder
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

Post navigation

NEXT
Menlo Park California based EarLens is raising $20,000,000.00 in New Debt Financing.
PREVIOUS
Ramsey New Jersey based DecuSoft is raising $6,514,999.00 in New Equity Investment.
Comments are closed.

Categories

Recent Posts

  • HappyRobot has raised $150 Million in new Series C funding August 18, 2026
  • Point2 Technology has raised $136 Million in new Series B funding August 18, 2026
  • Executive Change: BARK Inc. (NYSE: BARK) Appoints Anya Hamill as Chief Financial Officer August 18, 2026
  • Executive Change: Attain Finance Appoints Rick Huff as Chief Technology Officer August 18, 2026

Archives

© 2026   Copyright SI360 Inc. All Rights Reserved.