8 Conversation Chatbots Creation Business Success Stories [2024]

Updated: November 19th, 2023
Start A Conversation Chatbots Creation Business

Here are some real life success stories of starting a conversation chatbots creation business:

1. NHANCE NOW ($300K/year)

Nishith Patnaik, the founder of NHANCE NOW, came up with the idea for his business during the Covid-19 pandemic. After losing 95% of his customers and 99% of his revenue, Nishith and his team pivoted their product into a Conversational Automation Platform, helping businesses shift to messaging apps. In just 10 months, their monthly revenues grew from $0 to $25,000.

How much they make: $300K/year
How much did it cost to start: $750K
Current team size: 21

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We Lost 99% Of Our Customers. Then We Pivoted & Hit $300K ARR In 12 Months

NHANCE NOW, a Conversational Automation Platform, pivoted during the Covid pandemic and transitioned from an aspirational product to a messaging-based digital contact center, helping D2C ventures and insurance companies shift towards a digital-first mode, resulting in monthly revenues growing from $0 MRR in July 2020 to $25,000 MRR in mid-2021.

About
Nishith started NHANCE NOW over 6 years ago
Revenue
Nishith grew the business to $25K/month
Costs
It cost Nishith $750000 to start the business
Read by 3,075 founders

2. Abstrakt ($2M/year)

How much they make: $2M/year
How much did it cost to start: $60K
Current team size: 22

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$25m gong acquisition? New founder hits $2m run rate in 5 months

"Creator of Conversational Intelligence software launches Abstrakt.ai, a real-time call coaching software valued at $4 million after raising $500,000 in a Seed Round; founder invested $60,000 of his own funds to develop proof of concept."

About
Greg started Abstrakt about 4 years ago
Revenue
Greg grew the business to $167K/month
Costs
It cost Greg $60000 to start the business
Read by 545 founders

So... can you actually make money with a conversation chatbots creation 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. Chatfuel

Chatfuel is the leading bot platform for creating AI chatbots for Facebook. Learn how to create a Facebook Messenger bot quickly and easily - no coding required.

article

So... can you actually make money with a conversation chatbots creation 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. Xenioo

Xenioo is an intuitive conversational chatbot platform to help you create no-code bots for a multitude of channels such as WhatsApp, Telegram, Slack, and many more.

8. Botmock

Botmock is your team's conversation design & dialogue management superpower. Our simple editor makes it easy to design & deploy bots for chat, voice & IVR.