Duolingo
The world’s most popular application to learn languages online with over 500 million users.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor | €0.0 Valuation: €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 21.2x EV/Revenue -144.0x EV/EBITDA | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 Valuation: €0.0 14.8x EV/Revenue -174.5x EV/EBITDA | round | |
* | N/A | $520m Valuation: $6.5b 25.9x EV/Revenue -113.5x EV/EBITDA | IPO |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | 55 % | 47 % | 44 % | 41 % | 36 % | 26 % | 23 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | (23 %) | (16 %) | (1 %) | 10 % | 29 % | 32 % | 35 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (24 %) | (16 %) | 3 % | 12 % | 16 % | 18 % | 19 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 41 % | 41 % | 37 % | 31 % | - | - | - |
Source: Company filings or news article, Equity research estimates
Related Content
Duolingo operates in the education technology sector, providing a language learning platform that uses gamified, bite-sized lessons to engage users. The app serves a diverse client base, including individuals seeking to learn new languages for personal, professional, or academic reasons. Duolingo's business model is freemium, offering free access to its core features while generating revenue through in-app advertisements and premium subscriptions that offer an ad-free experience and additional features. The company has achieved significant market penetration, becoming the most downloaded education app in the history of the App Store and the top-grossing education app worldwide in 2019. Duolingo's mission is to make high-quality education universally available, and it has been recognized for its workplace culture and innovation in the education sector.
Keywords: language learning, gamified lessons, freemium model, education app, user engagement, premium subscriptions, in-app advertisements, market penetration, high-quality education, workplace culture.
Tech stack
