$45 Million Series D Funding
Overview
On June 10, 2015, Duolingo announced that they have closed a $45 million investment round led by Google Capital, with participation from its previous investors. Duolingo’s digital native interface has paved the road for a new chapter in education by requiring constant user attention and engagement, while its gamified design motivates students to come back on their own. A large team of machine learning PhDs is using this data to craft adaptive courses that deliver tailored education for each student. According to a wellknown study in educational psychology, the average tutored student performs better than 98% of students learning in a 20person classroom.
About Duolingo
Created by crowdsourcing pioneer Luis von Ahn and Severin Hacker, Duolingo is known for its free, sciencebased language education platform selected by Apple as iPhone App of the Year 2013, by Google as Best of the Best for Android in 2013 and 2014, and by TechCrunch as Best Education Startup. With over 60 million users, Duolingo is now the most popular way to learn languages online. Duolingo began as a research project in von Ahn’s lab at Carnegie Mellon University’s School of Computer Science, where Dr. Hacker received his Ph.D.
Content Source
You can find more information on Duolingo’s funding on their blog.
