DuckDuckGo Revenue, Valuation, Funding & Investors

DuckDuckGo is valued at $75M as of August 2018, a 75.0x multiple on its last reported $1M revenue.

Last DuckDuckGo valuation

$75M

Series A · Aug 2018

Last DuckDuckGo funding round

$10M

Series D · Aug 2021

DuckDuckGo revenue

$1M

Series A · Aug 2018

Key investors in DuckDuckGo

  • OMERS Ventures
  • Tiger Global
  • Union Square Ventures
  • Thrive Capital
  • Quiet Capital
  • K5 Global

DuckDuckGo Overview

About DuckDuckGo

DuckDuckGo is a privacy-focused internet search engine and browser company, founded in 2008 by Gabriel Weinberg, that does not track or sell users' personal data. The company offers the DuckDuckGo Privacy Browser for iOS and Android along with browser extensions that block trackers and ad-tracking cookies, generating revenue primarily from non-personalized site advertising rather than targeted ads. DuckDuckGo has been profitable since 2014 and has built a large base of users seeking an alternative to tracking-heavy search engines, consistently ranking among the top mobile search engines in several countries.


Founded

2008

HQ

United StatesUnited States

Status

Privately held

Customer focus

B2C

Revenue model

Advertising

Revenue

$1M (Aug 2018)

Valuation

$75M (Aug 2018)

DuckDuckGo Valuation

DuckDuckGo is currently valued at $75M, based on its Series A in August 2018.

The $10M round was led by OMERS Ventures.

DuckDuckGo valuation by funding round

DuckDuckGo valuation by funding round
DateStageValuationRevenue Multiple
Aug 2018Series A$75M75.0x

DuckDuckGo Revenue

DuckDuckGo's latest recorded revenue is $1M, as of its Series A in August 2018. At a $75M valuation, that implies a 75.0x revenue multiple.

DuckDuckGo revenue by funding round

DuckDuckGo revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Aug 2018$1M$75M75.0xSeries A

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

DuckDuckGo Funding History

DuckDuckGo has raised a total of $79M across 3 funding rounds, plus 1 secondary share sale.

DuckDuckGo's first fundraising round was a $10M Series A in August 2018. The most recent completed round was a $10M Series D in August 2021.

DuckDuckGo funding rounds

DuckDuckGo funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2021Series DTiger Global (lead); K5 Global; Union Square Ventures; OMERS Ventures; Quiet Capital$10M--
Jun 2021Series CBracket Capital$59M-DuckDuckGo is a privacy-focused internet search engine and browser company founded in 2008 by Gabriel Weinberg, emphasizing user privacy by not tracking or selling personal data. The company offers products like the DuckDuckGo Privacy Browser for iOS and Android, Privacy Essentials browser extensions, and generates revenue primarily from non-personalized site advertising sales. DuckDuckGo has been profitable since 2014 and serves millions of daily users seeking alternatives to tracking-heavy search engines. This followed a $100 million secondary market round at the end of 2020 from investors including OMERS Ventures, Thrive Capital, GP Bullhound, Impact America Fund, Brian Acton (WhatsApp co-founder), Tim Berners-Lee, Freada Kapor Klein, and Mitch Kapor. At the time of the 2020 secondary and leading into the 2021 Series C, DuckDuckGo reported annual revenue exceeding $100 million, as stated by CEO Gabriel Weinberg in the January 2021 blog post and echoed in news coverage. The company experienced 55% year-over-year search traffic growth and planned expansions like a desktop browser app.
Dec 2020SecondaryFreada Kapor Klein; Impact America Fund; HOF Capital; Brian Acton; Tim Berners-Lee; OMERS Ventures; Mitch Kapor; Thrive Capital; GP Bullhound$100M-DuckDuckGo is a privacy-focused search engine and internet browser founded in 2008 by Gabriel Weinberg that blocks trackers, ad-tracking cookies, and keeps user search history private. In December 2020, the company completed a mainly secondary investment round of over $100 million from investors including OMERS Ventures, Thrive Capital, GP Bullhound, Impact America Fund, Brian Acton, Tim Berners-Lee, Freada Kapor Klein, and Mitch Kapor. This allowed early employees and investors to cash out equity while strengthening the company's balance sheet. DuckDuckGo has been profitable since 2014 with annual revenues exceeding $100 million, driven by site advertising sales. Over the prior 12 months, its apps were downloaded more than 50 million times, monthly search traffic grew 55%, and it ranked as the No. 2 mobile search engine in the U.S., Canada, Australia, and the Netherlands. The company had previously raised $10 million in 2018 led by OMERS Ventures.
Aug 2018Series AOMERS Ventures (lead)$10M$75MDuckDuckGo, a pro-privacy search engine offering an alternative to surveillance-based engines like Google, raised $10 million from OMERS Ventures in its Series B round around August 2018. The company, founded in 2008, had previously raised $3 million in a Series A round in 2011. At the time, DuckDuckGo was already profitable since 2014 through non-tracking advertising and did not urgently need capital but accepted the investment to accelerate international growth and expand privacy tools such as tracker blockers. Sources report a Series B valuation of $74.8 million associated with this period and investor. OMERS Ventures, part of the Canadian pension fund OMERS, led the round to back DuckDuckGo's privacy-focused mission.

Who has invested in DuckDuckGo?

14 investors have backed DuckDuckGo across its funding rounds, including OMERS Ventures, Tiger Global, Union Square Ventures, Thrive Capital, Quiet Capital and K5 Global.

Lead investors include Tiger Global and OMERS Ventures.


DuckDuckGo Investors

Investors in DuckDuckGo by funding rounds participated
InvestorHQRoundsRoleFirst check
OMERS VenturesCanadaToronto3LeadAug 2018
K5 GlobalUnited StatesSan Francisco, CA1ParticipantAug 2021
Bracket CapitalUnited StatesLos Angeles, CA1ParticipantJun 2021
Union Square VenturesUnited StatesNew York City, NY1ParticipantAug 2021
Freada Kapor KleinUnited StatesSan Francisco, CA1ParticipantDec 2020
Impact America FundUnited StatesSan Francisco, CA1ParticipantDec 2020
HOF CapitalUnited StatesNew York City, NY1ParticipantDec 2020
Brian ActonUnited StatesSan Francisco, CA1ParticipantDec 2020
Tim Berners-LeeUnited StatesBoston, MA1ParticipantDec 2020
Tiger GlobalUnited StatesNew York City, NY1LeadAug 2021
Mitch KaporUnited StatesSan Francisco, CA1ParticipantDec 2020
Thrive CapitalUnited StatesNew York City, NY1ParticipantDec 2020

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Investments by DuckDuckGo

DuckDuckGo has invested in 2 companies to date.

Latest investment by DuckDuckGo was on March 18th 2026. DuckDuckGo invested in Cloaked in their $375M Series B round.


Latest Investments by DuckDuckGo

Cloaked
You.com
Description
Cloaked is a provider of digital identity and data protection tools with a privacy emphasis for individuals and businesses. Users generate disposable emails, phone numbers, and payment details to shield personal information across online services. Cloaked monitors data usage, detects risks, and manages access revocation while integrating with apps for secure authentication.
You.com is a Palo Alto-based AI-powered search engine and productivity suite launched in 2021. It delivers conversational answers blending traditional web results with generative AI from models like GPT-4, alongside apps for writing, coding, image generation, and summarization. Users customize result sources via channels such as News, Academic, or Shopping, integrating tasks like research and content creation in one interface.
HQ CountryUnited StatesUnited States
HQ City
Lowell, MA
San Francisco, CA
Deal Date18 Mar 202617 Jun 2024
RoundSeries BSeries B
Raised$375M$50M
InvestorsGeneral Catalyst; Marquee Ventures; LG Technology Ventures; Lux Capital; Liberty City Ventures; One Team Collective; Human Capital; Assurant Ventures; Fifth Growth FundNVIDIA; Salesforce Ventures; Georgian; Omega Venture Partners; SBVA; Alumni Ventures; Day One Ventures; Olive Technology Ventures
Valuationundisclosed$374M
EV/Revenue
EV/EBITDA

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DuckDuckGo Competitors

DuckDuckGo competitors include listed companies like Gurunavi and Eniro Group, and private ones like ChaCha, Waldo, Kaito and Sagoon.

Public and private companies comparable to DuckDuckGo
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ChaChaUnited StatesCarmel-by-the-Sea, CAPrivate--$75M-
WaldoUnited StatesDallas, TXPrivate--$78M-
KaitoUnited StatesSeattle, WAPrivate$40M-$88M2.2x
GurunaviJapanJapanPublicly listed$91M$6M$45M0.4x
SagoonUnited StatesUnited StatesPrivate--$126M-
Eniro GroupSwedenSwedenPublicly listed$97M$12M$41M0.3x

DuckDuckGo Public Comps

DuckDuckGo is still privately-owned, but its public comps include Gurunavi, Eniro Group, Local, Pinterest, NAVER, LY Corporation, Baidu, Microsoft and Alphabet.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Gurunavi$91M$6M0.4x0.4x6.7x-
Eniro Group$97M$12M0.3x0.3x2.6x3.7x
Local$83M$673K0.0x-0.1x-
Pinterest$4.2B$361M2.4x2.2x28.5x7.3x
NAVER$8.8B$2.2B2.3x2.1x9.0x9.3x
LY Corporation$13B$3B2.8x2.6x11.9x10.3x
Baidu$19B$3.3B1.3x1.4x7.8x8.0x

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Common questions about DuckDuckGo

When was DuckDuckGo founded?DuckDuckGo was founded in 2008.
Where is DuckDuckGo headquartered?DuckDuckGo is headquartered in United States.
Is DuckDuckGo publicly listed?No, DuckDuckGo is a private, VC-backed company.
What is DuckDuckGo's valuation?DuckDuckGo was last valued at $75M in its Series A in August 2018.
How much funding has DuckDuckGo raised?DuckDuckGo has raised $79M across 3 funding rounds.
What was DuckDuckGo's last funding round?DuckDuckGo's last funding round was a $10M Series D in August 2021, led by Tiger Global.
Who are DuckDuckGo's investors?DuckDuckGo's investors include OMERS Ventures, K5 Global, Bracket Capital, Union Square Ventures, Freada Kapor Klein, Impact America Fund, HOF Capital, Brian Acton, Tim Berners-Lee, Tiger Global and 4 others.
What is DuckDuckGo's revenue?DuckDuckGo's latest recorded revenue is $1M (August 2018).
What is DuckDuckGo's revenue multiple?DuckDuckGo's latest valuation implies a 75.0x revenue multiple ($75M valuation on $1M of revenue).
Which companies are comparable to DuckDuckGo?Companies comparable to DuckDuckGo include ChaCha, Waldo, Kaito, Gurunavi, Sagoon and Eniro Group.
How many companies has DuckDuckGo invested in?DuckDuckGo has invested in 2 companies, including Cloaked and You.com.
What was DuckDuckGo's last investment?In March 2026, DuckDuckGo invested in Cloaked's $375M Series B alongside General Catalyst, Marquee Ventures, LG Technology Ventures and 6 other investors.

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