3 Ai Based Excel Software Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start An Ai Based Excel Software

Here are some real life success stories of starting a ai based excel software:

1. Excelformulabot ($276K/year)

David Bressler, the founder of Excelformulabot.com, came up with the idea while on paternity leave. After discovering the power of AI and its potential in Excel formulas, he realized there was a need for an AI-based Excel formula generator. With 1 billion Excel users worldwide, Bressler saw a big enough market and quickly built a barebone application that went viral and gained traction through Reddit, TikTok, Instagram, and Twitter. Since the launch in September 2022, the website has generated over $14K in monthly recurring revenue.

How much they make: $276K/year
How much did it cost to start: $196
Current team size: 0

I Turned My Side Project into A $26K/Month SaaS Tool

AI-powered web application, Excelformulabot.com, generates Excel formulas within seconds for a subscription fee of $6.99/month or free for five formula requests per month, resulting in $14k/month in recurring revenue since its launch in September 2022, accruing millions of visitors through word of mouth, influencer marketing, SEO, and PPC, implemented through no-code web application Bubble.io, while preparing to penetrate a B2B market and focus on B2B outreach in the future.

About

David started Excelformulabot over 1 year ago

Revenue

David grew the business to $23K/month

Costs

It cost David $196 to start the business

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2. OpenAI

OpenAI is an AI research and deployment company. Our mission is to ensure that artificial general intelligence benefits all of humanity.

Website traffic: 1.45M/month

3. AI-Powered Web Scraping Tool & Web Data Extractor

AI-Powered visual website scraper, which can be used to extract data from almost any websites without writing any code. Support all operating systems. Try it for free!

Website traffic: 70K/month