The New Paper

November 19, 2020

Duolingo raises $35M of new capital at $2.4B valuation

Language learning app Duolingo raised $35M at a $2.4B valuation (up from $1.7B earlier this year). The company’s app has been downloaded over 500M times, and the announcement comes amid increasing demand for e-learning products (driven in part by the ongoing coronavirus outbreak).

This story is from the November 19, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.