Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.
Scores, valuations, and signals for Duolingo, Faire, and 370+ companies. 5-min read every Tuesday.
Multi-subject learning platform offering AI-powered courses in languages, music, and math with over 100 million monthly active users.
| Industry | Consumer Technology |
| Stage | Public |
| IPO Status | Public |
| Valuation | $5.1B |
| Total Funding | $183.5M |
| Headquarters | Pittsburgh, PA |
Faire is the wholesale marketplace connecting 700K+ independent retailers with 100K+ emerging brands — the B2B commerce platform for the indie retail economy. Valued at $12.4B with $1.7B raised, Faire processes billions in annual GMV and is the dominant wholesale marketplace globally. IPO candidate as B2B commerce digitisation continues to disrupt traditional wholesale distribution — a $50B+ global market.
| Industry | E-commerce |
| Stage | Series H |
| IPO Status | Private |
| Valuation | $12.4B |
| Total Funding | $1.7B |
| Headquarters | San Francisco, CA |
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Duolingo is valued at $5.1B. Faire is valued at $12.4B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.
Duolingo reported 553000000 subscription revenue in 2025. Faire's revenue is not publicly disclosed. Revenue figures are sourced from TechStackIPO's company database and updated as new data becomes available.
Duolingo filed an S-1 in June 2021 and is actively in the IPO pipeline. Faire filed an S-1 in April 2026 and is actively in the IPO pipeline. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.
Duolingo has raised $183.5M. Faire has raised $1.7B.
Duolingo operates in Consumer Technology, while Faire operates in E-commerce.
Duolingo is a Consumer Technology company valued at $5.1B with $183.5M raised. Faire is a E-commerce company valued at $12.4B with $1.7B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.
Accredited investors can access pre-IPO shares in Duolingo and Faire through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.