United States · Series F startup

Who invested in Duolingo

6 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Funding summaryUpdated 26 Oct 2026

$138Mraised across 6 rounds since 2011, from 6 sources

$3.3MSeries A$15MSeries B$20MSeries C$45MSeries D$25MSeries E$30MSeries F
Latest round
Series F, $30MDec 2019
Biggest round
$45MSeries D · Jun 2015
Step-upi
1.2×
Investors
9
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013201520172019
$3.3MSeries A$15MSeries B$20MSeries C$45MSeries D$25MSeries E$30MSeries F
First round
Series A, $3.3M
Oct 2011
Biggest round
$45M
Series D · Jun 2015
Usual gap between rounds
17 months
the median of 5

The rounds

  1. Dec 2019
    Series F$30M1 new

    Reported by PrnewswireSEC filing: $30M sold, first sale Nov 2019

  2. Jul 2017
    Series E$25M1 new

    Reported by FinSMEsSEC filing: $25M sold, first sale Jul 2017

  3. Jun 2015
  4. Feb 2014
    Series C$20M1 new2 returning

    From a historical funding record

  5. Sept 2012
    Series B$15M1 new1 returning

    Reported by techcrunch.comSEC filing: $15M sold, first sale Sept 2012

  6. Oct 2011

Founders and team

From the SEC filings it signed: 4 on the team.

  • Luis von AhnExecutive Officer, Directori
  • Matt SkaruppaExecutive Officeri
  • Severin HackerDirector, Executive Officeri
  • Stephen ChenExecutive Officeri

On the board, as filediAmy BohutinskyBing GordonBrad BurnhamGillian MunsonJim SheltonLaela SturdySara Clemens

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Union Square VenturesVC firm4rounds
Ashton KutcherVC firm2rounds
Drive CapitalVC firm1round
GoogleAccelerator1round
CapitalGCorporate VC1round
Timothy FerrissAngel network1round
Tim FerrissCompany1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 4 firms list Duolingo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

LingottoAsset managerPer its own site
Angel Impact CollectiveAngel networkPer its own site
Arctic VenturesVC firmPer its own site
Three Thousand CapitalVC firmPer its own site

Quick answers about Duolingo

Who invested in Duolingo?

Duolingo's investors include Union Square Ventures, New Enterprise Associates, Kleiner Perkins Caufield & Byers, Ashton Kutcher and Drive Capital, and 4 more on record.

How much has Duolingo raised?

Duolingo has raised $138M across 6 rounds since 2011.

When did Duolingo last raise?

Duolingo's most recent round was a Series F of $30M in Dec 2019.

What was Duolingo's biggest round?

Duolingo's largest round on record is $45M (Series D), in Jun 2015.

Who backed Duolingo first?

Duolingo's first round on record, in Oct 2011, was backed by Union Square Ventures, Ashton Kutcher and Timothy Ferriss.

What stage is Duolingo at?

Duolingo's latest named round is a Series F, in Dec 2019.

Where is Duolingo based?

Duolingo is based in the United States.

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