8 Ai Writing Tool Success Stories [2024]

Updated: November 1st, 2023
Create An Ai Writing Tool

Unveiling the sphere of AI writing tools: a business proposition that delves into the rapid advancements of technology. This enterprise revolves around creating a digital tool powered by Artificial Intelligence to aid in content creation. Capable of generating accurate and engaging content, this tool could revolutionize the way businesses, bloggers, and students write.

Embedding artificial intelligence into the core of content creation, it offers significant advantages over traditional methods of writing. Automated, error-free, and time-efficient content is now one click away. An AI writing tool is the future writer's best friend.

Drawing upon the appealing facet of innovation, this business idea is not only futuristic but substantively needed given today's demand for constant, quality content. Imagine providing a solution that ease the workload of writers around the globe, transforming their process and boosting their productivity. It's time you make a mark on the digitized world and embark on this exciting journey of developing an AI writing tool.

Here are some real life success stories of starting a AI writing tool:

1. Rytr ($60K/year)

Abhi, the founder and CEO of a startup platform and business incubator, came up with the idea for Rytr, an AI writing assistant, after realizing the pain points of content generation for small teams. With the potential he saw in GPT3 technology, Abhi set out to create an intuitive AI assistant that offered the best quality outputs, launching in April 2021. Since then, Rytr has become a market leader with 300,000+ customers worldwide and plans for future growth.

How much they make: $60K/year
How much did it cost to start: $25K
Current team size: 1


I Built A Simple AI Writing Tool That Makes $60K/Year

Rytr, a new AI writing assistant developed by a startup platform and business incubator, has become a market leader, serving over 300,000 customers across the world and doing seven figures in ARR.

Abhi started Rytr about 3 years ago
Abhi grew the business to $5K/month
It cost Abhi $25000 to start the business
Read by 5,855 founders

Learn more about starting an AI writing tool:

Where to start?

-> How much does it cost to start an AI writing tool?
-> Pros and cons of an AI writing tool

Need inspiration?

-> Examples of established AI writing tool
-> Marketing ideas for an AI writing tool

Other resources

2. Grammarly ($208M/year)

How much they make: $208M/year
Current team size: 1057


Grammarly Founders Become Billionaires From Fixing Your Sloppy Writing

AI-powered writing tool, Grammarly, founded by Max Lytvyn, Dmytro Lider, and Alex Shevchenko, raised $200M at a $13B valuation, assisting 30M people and 50K businesses with market-leading communication.

They started Grammarly over 15 years ago
They grew the business to $17.4M/month
Read by 661 founders

5. Jasper

Create content 5x faster with artificial intelligence. Jasper is the highest quality AI copywriting tool with over 3,000 5-star reviews. Best for writing blog posts, social media content, and marketing copy.


6. Anyword

Anyword’s AI writing assistant generates effective copy for anyone. Take the guesswork out of your marketing text with an AI copywriting tool that converts.

How much they make:

7. Blurb

Create, print, and sell professional-quality photo books, magazines, trade books, and ebooks with Blurb! Chose from several free tools or use Adobe InDesign or Adobe Lightroom.

Where they're located: San Francisco, California, USA


8. Grammarly

Millions trust Grammarly’s free writing app to make their online writing clear and effective. Getting started is simple — download Grammarly’s extension today.

How much they make:
Where they're located: San Francisco, California, USA
Current team size: 1057