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This question is about Duolingo.
Who owns Duolingo?
NewView Capital Management LLC owns Duolingo, and is currently the largest shareholder of the company, with 12% shares outstanding.
Luis Von Ahn is a co-founder and the CEO of the company. A Carnegie Mellon University professor, Von Ahn, conceived the concept for Duolingo with his postgraduate student Severin Hacker. The project was originally sponsored by the MacArthur Fellowship and a National Science Foundation grant.
The company's growth over the years has been propelled by funding from Union Square Ventures, A-Grade Investments, New Enterprise Associates, Kleiner Caufield Byers, Google Capital, Drive Capital, and CapitalG.
In 2021, Duolingo had an annual revenue of $250 million, with over 500 employees working for the company, and 49.2 million users worldwide.
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