CMU-founded language learning platform developer Duolingo was valued at $2.4bn as of its last funding round in November 2020.

Duolingo, a US-based language learning app developer spun out of Carnegie Mellon University, filed for an initial public offering yesterday. The offering is slated to take place on the Nasdaq Global Select Market and the company has set a $100m placeholder target. Duolingo has developed a mobile app with 40 million monthly active users that…

The rest of this content is only accessible to University Venturing: News, Data, and Events - Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.