Total amount raised
$182.4 Millions
Latest funding date
08/01/2021
Location
DuckDuckGo has successfully raised funding through various rounds, focusing on enhancing its privacy-centric search engine and browser. The company generates revenue through privacy-respecting ads, ensuring user data remains protected.
Keep reading to explore the intricacies of DuckDuckGo's fundraising journey and the investors backing this innovative platform.
What Is DuckDuckGo?
DuckDuckGo, founded in 2008, is a privacy-focused search engine and browser based in Paoli, Pennsylvania. The company operates within the internet services industry, specifically targeting search engines and web browsers.
Founded by Gabriel Weinberg, DuckDuckGo is dedicated to protecting user privacy by not tracking searches or browsing history and blocking third-party trackers. The company generates revenue through privacy-respecting ads, ensuring a secure and private online experience.
How Much Funding Has DuckDuckGo Raised?
- Venture Round
- Amount Raised: $3M
- Date: October 2011
- Lead Investors: Union Square Ventures
- Venture Round
- Amount Raised: $10M
- Date: August 2018
- Lead Investors: OMERS Ventures
- Secondary Market
- Amount Raised: $100M
- Date: December 2020
- Series C
- Amount Raised: $59M
- Date: June 2021
- Series D
- Amount Raised: $10.4M
- Date: August 2021
- Lead Investors: Tiger Global Management
In total, DuckDuckGo has raised $182.4M through various funding rounds.
Key Investors
- Tiger Global Management
- Details: Tiger Global Management is an American investment firm that focuses on public and private companies in the global Internet, software, consumer, and financial technology industries. Founded in 2001, it has become one of the most prominent investors in the tech sector.
- Investment Focus Areas: Internet, software, consumer, financial technology
- Notable Investments: Facebook, LinkedIn, Spotify
- OMERS Ventures
- Details: OMERS Ventures is the venture capital arm of OMERS, one of Canada's largest pension funds. It invests in early and growth-stage technology companies across North America and Europe.
- Investment Focus Areas: Technology, healthcare, financial services
- Notable Investments: Shopify, Hootsuite, Wattpad
- Union Square Ventures
- Details: Union Square Ventures is a New York-based venture capital firm that invests in internet services and mobile applications. Founded in 2003, it has a strong track record of backing successful startups.
- Investment Focus Areas: Internet services, mobile applications, blockchain
- Notable Investments: Twitter, Etsy, Coinbase
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