Duolingo - M&A Summary and Business Overview

Internet Software And ServicesCompany

Duolingo M&A Summary

Duolingo has acquired 2 companies, including 2 in the last 5 years.

Duolingo has acquired in 1 US state. The Company’s most targeted sectors include digital media (50%) and media (50%).

Duolingo Business Overview

Where is Duolingo headquartered?

Duolingo is headquartered in Pittsburgh, Pennsylvania.

What is Duolingo’s revenue?

Duolingo disclosed revenue of 531M USD for 2023 and 369M USD for 2022.

How many employees does Duolingo have?

Duolingo has 720 employees.

What sector is Duolingo in?

Duolingo is an internet software and services company.

When was Duolingo founded?

Duolingo was founded in 2011.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1

Duolingo

Duolingo, Inc.

5900 Penn Avenue,
Pittsburgh, Pennsylvania 15206
United States,
(412) 567-6602
www.duolingo.com

Duolingo is a language-learning platform and the most downloaded education app worldwide. Duolingo's mission is to make education free and accessible to all. Duolingo was founded in 2011 and is based in Pittsburgh, Pennsylvania.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # - - - 1 - 1 2
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
Hobbes 2024-07-09 - Add-on Acquisition
Detroit, Michigan · www.hobbes.work
Gunner 2022-10-04 - Add-on Acquisition
Detroit, Michigan · www.gunner.work
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Digital Media 1 (50%) - - -
Media 1 (50%) - - -
Total 2 - - -

By Geo

State/Country Buy Value Sell Value
United States 2 - - -
  Michigan 2 - - -
Total 2 - - -

Company Summary

SECTOR

Internet Software and Services

Revenue

531   44% 2023
369   48% 2022
251   55% 2021
162   129% 2020
71   2019
(millions of USD) Show More Show Less

Employees

720

Established

2011

Public

NASDAQ: DUOL

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