2021-06-29
Duolingo just filed its S-1. A few 2020 highlights: 36.7M MAUs (↗️ 35% from 2019) 1.6M paying subscribers (↗️ 77% YoY) $162M revenue (↗️ 129% YoY) Revenue sources: 73% subscription, 17% advertising, 9% English test; 1% in-app purchase https://www.sec.gov/... #edtech
TechCrunch
Duolingo files for US IPO, reveals revenue growth of 129% YoY in 2020, and reports $55.4M in revenue during Q1 2021
The edtech unicorn reveals 129% 2020 revenue growth — Duolingo, a Pittsburgh-based language learning business last valued at $2.4 billion, has officially filed to go public.
2019-11-16
There's a new #edtech 🦄, but it faces a herd of competitors all jostling for a slice of the $20 billion market to connect employees with online #highered programs. https://www.edsurge.com/...
EdSurge
Guild Education, which helps companies connect their employees to online higher-ed programs offered by universities, raises $157M Series D at a $1B+ valuation
The education technology industry has given birth to its newest unicorn, one that wants to connect employees at Fortune 1000 corporations …
2019-08-24
Bots meet bits: @Sphero, now squarely focused on the EDU market, has acquired @littleBits. Together they claim to have sold more than $500M of products, reaching over 6M students and 65K teachers across 35K schools. https://www.edsurge.com/... #edtech
EdSurge
Educational robotic toymaker Sphero acquires littleBits, a maker of electronics building kits and instructional resources for kids
Tony Wan / EdSurge :
2019-08-23
Bots meet bits: @Sphero, now squarely focused on the EDU market, has acquired @littleBits. Together they claim to have sold more than $500M of products, reaching over 6M students and 65K teachers across 35K schools. https://www.edsurge.com/... #edtech
EdSurge
Educational robotic toymaker Sphero acquires littleBits, a maker of electronics building kits and instructional resources for kids
When Sphero laid off 45 employees in early 2018, the Boulder, Co.-based company explained the difficult decision as an effort to return its focus …