5 B2b Marketplace Success Stories [2024]

Updated: November 1st, 2023
Start A B2b Marketplace

Here are some real life success stories of starting a b2b marketplace:

Learn more about starting a b2b marketplace:

Where to start?

-> How much does it cost to start a b2b marketplace?
-> Pros and cons of a b2b marketplace

Need inspiration?

-> Examples of established b2b marketplace
-> Marketing ideas for a b2b marketplace

Other resources

1. SolarFeeds ($12K/year)

Willie Jiang, a digital marketer with a passion for solar energy, was inspired to start SolarFeeds after learning about the current trend and adoption of solar energy. He bought the domain solarfeeds.com and focused on creating solar-related content to build an audience before launching the platform, which connects solar installers and suppliers. With a focus on SEO, SolarFeeds has achieved impressive organic traffic growth and plans to further improve their supplier catalog for solar installers.

How much they make: $12K/year
How much did it cost to start: $150K
Current team size: 8

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How A Solar Startup Grew Their Organic Traffic By 69X In 15 Months

SolarFeeds, a two-sided marketplace connecting solar installers and suppliers, grew their organic traffic by 69 times in 18 months by focusing on SEO and building an audience through solar-related content before launching their platform.

About
Willie started SolarFeeds about 4 years ago
Revenue
Willie grew the business to $1K/month
Costs
It cost Willie $150000 to start the business
Read by 3,251 founders

2. Upper Limits ($1.44M/year)

Matthieu Fortin, the CEO of Upper Limits, started the company in 2013 with the goal of creating a place where medical cannabis patients could find education and guidance. Inspired by his personal experience with the health benefits of vaporization, he saw an opportunity to provide new product technology education and fill a gap in the market. With an initial investment of $30,000, he bootstrapped the business and focused on sourcing high-quality products and building relationships with vendors and customers. Word of mouth and a strong online presence, including Google tools, have played a significant role in attracting and retaining customers for Upper Limits.

How much they make: $1.44M/year
How much did it cost to start: $30K
Current team size: 7

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How I Started A $1.4M/Year Online Smoke Shop

Upper Limits, a hybrid brick-and-mortar/e-commerce company located in Springfield, IL that sells dispensary, smoke shop products, and custom glass pipes, has succeeded in generating 366% greater sales revenue than their industry peers by facing challenges head-on and diversifying their revenue streams.

About
Matthieu started Upper Limits almost 11 years ago
Revenue
Matthieu grew the business to $120K/month
Costs
It cost Matthieu $30000 to start the business
Read by 1,923 founders

3. Trust Chain ($360K/year)

How much they make: $360K/year
Current team size: 7

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SaaS startup raises at $3m valuation helping precious metal dealers verify buyers and sellers

Trust Chain Global is a fintech platform and third-party workflow management solution that aims to bring trust, confidence, and transparency to the global commodities market through cutting-edge technologies like blockchain, continuous identity verification, digital escrow and payments, and a smart deal management system.

About
Giancarlo started Trust Chain over 3 years ago
Revenue
Giancarlo grew the business to $30K/month
Read by 791 founders