9 Custom App Development Service Success Stories [2023]

9 Custom App Development Service Success Stories [2023]
Start A Custom App Development Service

Here are some real life success stories of starting a custom app development service:

1. Imaginovation ($1.2M/year)

Michael Georgiou (from Cary, North Carolina, USA) started Imaginovation about 11 years ago.

$100K / month
2 founders / 35 employees
Cary, North Carolina, USA

Case Study

Hello, my name is Michael Georgiou, and I serve as a Co-Founder and CMO at Imaginovation. We are an award-winning technology and app development company located in Raleigh, NC.

Since 2011, we have grown an average of over 40% in revenue every year. We have won several credible tech awards, such as AVA Digital Awards, IMA 2017 Award, The American Business Award, and NC Tech Award for our innovative services. We have also been featured in top publications such as Entrepreneur, VentureBeat, Goalcast, Business.com, and Foundr.


2. Jelvix ($3.6M/year)

Oleksandr Andrieiev (from Kharkiv, Kharkiv Oblast, Ukraine) started Jelvix over 11 years ago.

$300K / month
1 founders / 250 employees

Case Study

My name is Sasha Andrieiev, and I am the CEO of Jelvix. Jelvix is a global leader in software development and consulting services that help companies overtake the competition. We specialize in complex, sophisticated software development to help companies digitally transform their business and their industry. We employ best practices and development methodologies for building effective enterprise software development processes and solutions.


Learn more about starting a custom app development service:

Where to start?

-> How much does it cost to start a custom app development service?
-> Pros and cons of a custom app development service

Need inspiration?

-> Examples of established custom app development service
-> Marketing ideas for a custom app development service

Other resources

-> Custom app development service tips

4. Appscrip ($3M/year)

RAHUL SHARMA (from Bangalore, Karnataka, India) started Appscrip over 8 years ago.

$250K / month
2 founders / 185 employees

Case Study

We are Rahul Sharma (CEO) and Shivangi Sharma, the co-founders of the globally acclaimed, service-based app and web development company, Appscrip.

We have received several awards and recognitions from Deloitte, Clutch, Good firms and bagged contracts from big names like ForeTees LLC, Byjus, Reliance JIO, Deutsche Bank, Tata Steel, Cairn, Coke, Harvard Medical, etc. With Appscrip generating an average monthly revenue of $2,50,000, we are more than hopeful that our company will see a brighter future ahead as a global technology provider.


5. Appetiser ($8.4M/year)

Jamie Shostak (from Melbourne VIC, Australia) started Appetiser over 6 years ago.

$700K / month
2 founders / 175 employees

Case Study

I’m Jamie Shostak, the co-founder of Appetiser App Development. Michael MacRae and I founded this company around 5 years ago with $0. Really simply, we build and grow ideas. Every startup has to start with an idea, and so we’ve built our business around helping as many startups succeed as possible.

Now we’re on track to make over $8,000,000 annually, with over 200 employees around the world, with clients that have millions of users and billions in valuations. Our main services include iOS app development, Android app development, web app development, app design, and web development. Just recently we were recognised by TechCrunch as a recommended app development company.


6. TRIARE ($300K/year)

Boris Abazher (from Cherkasy, Cherkasy Oblast, Ukraine) started TRIARE ago.

$25K / month
2 founders / 60 employees

Case Study

Hi, my name is Boris and I am the founder and CEO of the software development company TRIARE based in Ukraine. We help businesses and startups to transform their ideas into accomplished digital solutions.

I want to share how personal and collective responsibility paired with patience and consistency can help you build a profitable, respected business. It’s not easy, but it shouldn’t be painful. Here’s my story.


7. Mobapp Creator ($120K/year)

Sebastian Gravina (from Miami, FL, USA) started Mobapp Creator over 9 years ago.

$10K / month
3 founders / 2 employees

Case Study

We are a team of 3 co-founders, Leonardo, Germán, and Sebastian. We provide a No-code app builder solution for small businesses and resellers. Our tool MobAppCreator, allows our customers to quickly and inexpensively build professional apps for android and iOS.

One of our team strengths is to build products that scale but also keep costs low by taking advantage of serverless computing and good data structure. With this in mind, our running costs are only 10% of our overall COGS.


8. Dreamonkey ($360K/year)

Federico Schianchi (from Scandiano, Province of Reggio Emilia, Italy) started Dreamonkey about 5 years ago.

$30K / month
5 founders / 2 employees

Case Study

Hello, I am Federico Schianchi and I started Dreamonkey in 2016 with four partners.

Our non-stop improvement and our strategic choices allowed us to grow from the first year $90K of revenue to today $300K of revenue, with the constant growth of 50% per year.


Pat Walls,  Founder of Starter Story
Want to find more ideas that make money?

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