Duolingo, a Pittsburgh, PA–based language learning platform, secured $25m in Series E funding.
The round, which brings its valuation to $700m and total funding to $108.3m, was led by Drive Capital.
The company intends to use the funds to accelerate hiring (increasing its headcount from 95 to 150 employees hiring for a variety of engineering, product management, and design roles) and production development plans.
Led by Luis von Ahn, CEO and co-founder, Duolingo provides over 200m users globally with a language learning app with features like AI-powered chatbots for conversation practice and social features like language Clubs.
In addition to its core platform, the company created the Duolingo English Test (DET), a language certification option accepted by over 90 universities, Tinycards, flashcards designed to make studying fun and Japanese for English speakers.