Duolingo’s $30 Million Series F Funding

Latham & Watkins LLP represented Duolingo in the funding round.

Duolingo closed a US$30 million Series F funding round from CapitalG, Alphabet’s growth equity investment fund and an existing investor in the company.

The new capital will be used for continued investment into the research and development of its products, as well as to accelerate the growth and expansion of the Duolingo team.

This brings Duolingo’s total funding to US$138 million, and makes it Pittsburgh’s first tech startup to achieve a valuation of US$1.5 billion. Duolingo teaches students a foreign language while simultaneously contributing to translate real-world content from the web.

Latham & Watkins LLP represented Duolingo in the funding round with a corporate team led by Silicon Valley partner Patrick Pohlen (Picture) with Silicon Valley associate Alexander White and Century City associate Brad Burton. Advice was also provided on antitrust matters by San Francisco partner Joshua Holian with Washington, D.C. counsel Patrick English.

Involved fees earner: Patrick English – Latham & Watkins; Joshua Holian – Latham & Watkins; Patrick Pohlen – Latham & Watkins; Alexander White – Latham & Watkins;

Law Firms: Latham & Watkins;

Clients: Duolingo;

Author: Ambrogio Visconti