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Duolingo Priced, Nasdaq: DUOL

Online and mobile language learning platform.

Industry: Technology

Latest Trade: $179.63 +1.49 (+0.8%)

First Day Return: +36.3%

Return from IPO: +74.6%

Industry: Technology

Duolingo is a technology company founded by two engineers, Luis von Ahn and Severin Hacker. Luis and Severin met at Carnegie Mellon University, where Luis was a professor in the Computer Science Department and Severin was his Ph.D. student. Luis, a MacArthur Fellow, grew up in Guatemala and witnessed firsthand the tremendous impact that access to high quality education can have on people’s lives. Luis and Severin bonded over the dream of building an intelligent learning system informed by massive amounts of user engagement data that could deliver superior learning outcomes. Our team of over 400 passionate employees, including more than 170 engineers, aims to build the most sophisticated education platform in the world. We believe that by using modern technology, the very best engineering talent, and a mission-driven approach, we can create better learning experiences and meaningful improvements in efficacy. Our products are powered by sophisticated data analytics and artificial intelligence that make it easier for learners to stay motivated, master new material, and achieve their learning goals.
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IPO News for Duolingo
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IPO Data
IPO File Date 06/28/2021
Offer Price $102.00
Price Range $95.00 - $100.00
Offer Shares (mm) 5.1
Deal Size ($mm) $521
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/27/2021
Offer Price $102.00
Price Range $95.00 - $100.00
Offer Shares (mm) 5.1
Deal Size ($mm) $521
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Pittsburgh, PA
Founded 2011
Employees 400
Website www.duolingo.com