8 360 Video Production Business Success Stories [2024]

Updated: November 19th, 2023
Start A 360 Video Production Business

A 360º video production company uses one of the most powerful content formats to achieve user engagement. The 360º degrees video has the potential to reach a broader user engagement.

The first and most crucial step to starting a 360º video production company is buying the right equipment and hiring a professional crew. Remember production of 360º video involves multiple time-consuming steps, from preparation to post-production editing.

To ensure the success of your business, invest in the right software for the 360º video editing task.

Here are some real life success stories of starting a 360 video production business:

1. Explainer Videoly Pte. Ltd. ($1.2M/year)

Kasra Design, also known as Explainer Videoly, was founded by Alex Safavinia. With a background in Creative Multimedia, Alex saw the potential in offering animation services to businesses. Starting with email marketing and showcasing their work on social media, the company attracted clients and grew steadily. Today, Kasra Design has completed over 700 projects, generated over half a million dollars in revenue annually, and plans to expand further in the future.

How much they make: $1.2M/year
How much did it cost to start: $7K
Current team size: 15

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My Animation Passion Led Me To Starting A $480K/Year Business

Kasra Design produces customized animated and live-action explainer videos for corporate clients, enterprises, startups, and nonprofits; it generated around USD70k in the first year and currently generates over half a million dollars with over 700 projects completed and over 400 clients from around the world.

About
Alex started Explainer Videoly Pte. Ltd. over 12 years ago
Revenue
Alex grew the business to $100K/month
Costs
It cost Alex $7000 to start the business
Read by 3,460 founders

2. Filmbaker ($600K/year)

Tarun Lachhwani, along with his co-founders Rakesh R, Gaurav Singh, and Soman Surya Yadav, developed their passion for storytelling while making short films in college. Inspired by their success and their desire to help brands tell their stories, they launched Filmbaker in 2017 with just 4-5 lakhs (INR) in initial funding. Since then, they have grown to serve over 250 clients, including Google and Kingfisher, and are projected to reach 5Cr in revenue this year.

How much they make: $600K/year
Current team size: 35

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How We Started A $50K/Month Video Production Company With A Bunch Of Engineers

Indian video production company Filmbaker has a clientele of over 250 brands and has grown from an initial funding of 4-5 lakhs INR to clock over 3Cr in FY 20-21, en route to cross 5Cr this year, by providing storytelling services and delivering consistent, high-quality work.

About
Tarun started Filmbaker over 6 years ago
Revenue
Tarun grew the business to $50K/month
Read by 4,500 founders

So... can you actually make money with a 360 video production business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

5. Airtable

Airtable is a low-code platform for building collaborative apps. Customize your workflow, collaborate, and achieve ambitious outcomes. Get started for free.

Website traffic: 15.5M/month

article

So... can you actually make money with a 360 video production business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. HEARST

Where they're located: Washington D.C., Washington, D.C., USA
Website traffic: 210K/month

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8. Ricoh360 Tours

RICOH360 Tours is an all-in-one solution that empowers everyone to create beautiful and impactful virtual tours. Unlike a conventional photograph, a 360° image shows an entire room or environment, even on mobile.

Where they're located: Milwaukee, Wisconsin, USA
Website traffic: 480K/month

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