# Duolingo funding: rounds and investors > Duolingo has raised $138M across 6 rounds since 2011. Investors include Union Square Ventures, New Enterprise Associates and Kleiner Perkins Caufield & Byers. Source: https://millionrounds.com/company/duolingo (Millionrounds; every figure on the page links to its filing or article) United States · [Series F startup](https://millionrounds.com/companies) # 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 summary Updated 26 Oct 2026 **$138M** raised across 6 rounds since 2011, from 6 sources **$3.3M** Series A **$15M** Series B **$20M** Series C **$45M** Series D **$25M** Series E **$30M** Series F - **Latest round:** Series F, $30M Dec 2019 - **Biggest round:** $45M Series D · Jun 2015 - **Step-up i:** 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. 2013 2015 2017 2019 **$3.3M** Series A **$15M** Series B **$20M** Series C **$45M** Series D **$25M** Series E **$30M** Series F - **First round:** Series A, $3.3M - **Biggest round:** $45M - **Usual gap between rounds:** 17 months ## The rounds - **Dec 2019** Series F **$30M** *1 new* [CapitalG](https://millionrounds.com/fund/capitalg) Reported by Prnewswire SEC filing: $30M sold, first sale Nov 2019 - **Jul 2017** Series E **$25M** *1 new* [Drive Capital](https://millionrounds.com/fund/drive-capital) Reported by FinSMEs SEC filing: $25M sold, first sale Jul 2017 - **Jun 2015** Series D **$45M** *2 new* *4 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Google](https://millionrounds.com/fund/google-assistant-investments) [Ashton Kutcher](https://millionrounds.com/fund/ashton-kutcher) [Tim Ferriss](https://millionrounds.com/fund/tim-ferriss) From a historical funding record - **Feb 2014** Series C **$20M** *1 new* *2 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) From a historical funding record - **Sept 2012** Series B **$15M** *1 new* *1 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) Reported by techcrunch.com SEC filing: $15M sold, first sale Sept 2012 - **Oct 2011** Series A **$3.3M** *3 new* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Ashton Kutcher](https://millionrounds.com/fund/ashton-kutcher) [Timothy Ferriss](https://millionrounds.com/fund/timothy-ferriss) Reported by bits.blogs.nytimes.com ## Founders and team From the SEC filings it signed: 4 on the team. - **Luis von Ahn** Executive Officer, Director i - **Matt Skaruppa** Executive Officer i - **Severin Hacker** Director, Executive Officer i - **Stephen Chen** Executive Officer i On the board, as filed i *Amy Bohutinsky* *Bing Gordon* *Brad Burnham* *Gillian Munson* *Jim Shelton* *Laela Sturdy* *Sara 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. **Series A** 2011 **Series B** 2012 **Series C** 2014 **Series D** 2015 **Series E** 2017 **Series F** 2019 [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Ashton Kutcher](https://millionrounds.com/fund/ashton-kutcher) [Drive Capital](https://millionrounds.com/fund/drive-capital) [Google](https://millionrounds.com/fund/google-assistant-investments) [CapitalG](https://millionrounds.com/fund/capitalg) [Timothy Ferriss](https://millionrounds.com/fund/timothy-ferriss) [Tim Ferriss](https://millionrounds.com/fund/tim-ferriss) ## Everyone who backed them [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **4** rounds [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **3** rounds [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **2** rounds [Ashton Kutcher](https://millionrounds.com/fund/ashton-kutcher) VC firm **2** rounds [Drive Capital](https://millionrounds.com/fund/drive-capital) VC firm **1** round [Google](https://millionrounds.com/fund/google-assistant-investments) Accelerator **1** round [CapitalG](https://millionrounds.com/fund/capitalg) Corporate VC **1** round [Timothy Ferriss](https://millionrounds.com/fund/timothy-ferriss) Angel network **1** round [Tim Ferriss](https://millionrounds.com/fund/tim-ferriss) Company **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=duolingo). ## 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. [Lingotto](https://millionrounds.com/fund/lingotto) Asset manager Per its own site [Angel Impact Collective](https://millionrounds.com/fund/angel-impact-collective) Angel network Per its own site [Arctic Ventures](https://millionrounds.com/fund/arctic-ventures-2) VC firm Per its own site [Three Thousand Capital](https://millionrounds.com/fund/three-thousand-capital) VC firm Per 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. ## Companies like Duolingo In the same sector, and raised in the last eighteen months. [**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Welltory** $4.0M · Oct 2026](https://millionrounds.com/company/welltory)[**Overtime** $33M · Oct 2026](https://millionrounds.com/company/overtime)[**1World Online** $25M · Sept 2026](https://millionrounds.com/company/1world-online)[**Luminary** $194M · Sept 2026](https://millionrounds.com/company/luminary) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app