6 Flashcard App Business Success Stories [2023]

Updated: January 18th, 2023
Start A Flashcard App Business

Here are some real life success stories of starting a flashcard app business:

1. Duolingo ($162M/year)

In 2000, Luis von Ahn was starting his PhD in computer science when he attended a talk and happened to learn about one of Yahoo's biggest problems: automated bots were signing up for millions of free Yahoo email accounts, and generating tons of spam. Luis' idea to solve this problem became CAPTCHA, the squiggly letters we type into a website to prove we're human. He gave away that idea for free, but years later, that same idea had evolved into a new way to monetize language learning on the web, and became Duolingo. Today, the popular app is valued at $1.5 billion, and is seeing a big spike in growth while people are confined to their homes.

Luis Von Ahn (from Irvine, California, USA) started Duolingo ago.

Revenue
$13.5M / month

Case Study

In 2000, Luis von Ahn was starting his PhD in computer science when he attended a talk and happened to learn about one of Yahoo's biggest problems: automated bots were signing up for millions of free Yahoo email accounts, and generating tons of spam. Luis' idea to solve this problem became CAPTCHA, the squiggly letters we type into a website to prove we're human. He gave away that idea for free, but years later, that same idea had evolved into a new way to monetize language learning on the web, and became Duolingo. Today, the popular app is valued at $1.5 billion, and is seeing a big spike in growth while people are confined to their homes.

2. Office 365

Collaborate for free with online versions of Microsoft Word, PowerPoint, Excel, and OneNote. Save documents, spreadsheets, and presentations online, in OneDrive. Share them with others and work together at the same time.

  • Website traffic: 1.52B/month
  • Business rank: #24

Check out their full website ➜

Learn more about starting a flashcard app business:

Where to start?

-> How much does it cost to start a flashcard app business?
-> Pros and cons of a flashcard app business

Need inspiration?

-> Examples of established flashcard app business
-> Marketing ideas for a flashcard app business

Other resources

4. Evernote Corporation

Our note taking app helps you capture and prioritize ideas, projects and to-do lists, so nothing falls through the cracks. Start your free trial today!

  • Website traffic: 35.1M/month
  • Business rank: #348

Check out their full website ➜

5. Duolingo

Duolingo is the world's most popular way to learn a language. It's 100% free, fun and science-based. Practice online on duolingo.com or on the apps!

  • Estimated revenue: $13.5M/month
  • Website traffic: 76.2M/month
  • Business rank: #510

Check out their full website ➜

Pat Walls,  Founder of Starter Story
Want to find more ideas that make money?

Hey! 👋 I'm Pat Walls, the founder of Starter Story.

Get our 5-minute email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.

Starter Story
Unlock the secrets to 7-figure online businesses
Dive into our database of 4,418 case studies & join our community of thousands of successful founders.
Join thousands of founders