
Duolingo, Inc
Founders: Luis von Ahn (CEO) and Severin Hacker (CTO) founded Duolingo in 2011. Von Ahn, a Guatemalan-American entrepreneur, previously created reCAPTCHA (sold to Google in 2009) and was a MacArthur Fellow in 2006 for his pioneering work in crowdsourcing and human computation at Carnegie Mellon University.
Company Evolution:
- 2009-2011: Concept development at Carnegie Mellon University, with von Ahn wanting to create free language education accessible globally
- 2011: Private beta launch
- 2012: Public app release
- 2019: Valued at $1.5 billion after Series F funding
- 2021: IPO at $102 per share, now valued at approximately $15+ billion
- 2023: Launched Duolingo Max subscription tier with AI features
- 2024: Added math, music, and chess courses
- 2025: Launched 148 new language courses using AI automation