7 Data Management Software Company Success Stories [2024]

Updated: November 19th, 2023
Start A Data Management Software Company

Here are some real life success stories of starting a data management software company:

1. Ivee ($120K/year)

Chelsea Rhoads, the CEO/Co-Founder of pup-eeze, came up with the idea for the business after experiencing the difficulties of traveling with her dogs during a camping trip in 2008. Realizing the need for a device to ensure their safety, Chelsea and her co-founder developed Pup Alert in 2016. After encountering challenges with their hardware solution, they adjusted the concept and launched pup-eeze, a wellness tracker for dogs. They have since focused on creating an adjustable ecosystem for dogs' environments and have garnered support from the technology community.

How much they make: $120K/year
How much did it cost to start: $250K
Current team size: 3

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How I Created And Launched A Fitbit For Dogs

Pup-eeze, a wellness tracker for dogs that tracks activity, monitors location and automates their lives, was created by Chelsea Rhoads and Elizabeth Hess after realizing how difficult it was to travel with dogs, and now has a consumer-facing application for pet owners to monitor their pets' data and visualize trends.

About
Chelsea started Ivee over 4 years ago
Revenue
Chelsea grew the business to $10K/month
Costs
It cost Chelsea $250000 to start the business
Read by 4,841 founders

2. TerminusDB ($240K/year)

How much they make: $240K/year
Current team size: 10

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This developer tool doubled to $240k ARR and raised at a $14m post money valuation

TerminusDB has raised €3.6 million in seed funding for its open-source knowledge graph database that offers dependable, private, and effective revision control & collaboration, with a mission to make fundamental changes regarding how data is curated, managed or stored.

About
Luke started TerminusDB over 5 years ago
Revenue
Luke grew the business to $20K/month
Read by 589 founders

So... can you actually make money with a data management software company?

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

3. Habu ($12M/year)

How much they make: $12M/year
Current team size: 61

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Venture studio spinout hits $250m valuation for clean data room SaaS

Habu founders made $12M in 2022 from its 50 customers with its SaaS software that produces high-value analytics from regulated datasets while defending customer privacy and data owners' rights.

About
Matt started Habu over 6 years ago
Revenue
Matt grew the business to $1M/month
Read by 665 founders

So... can you actually make money with a data management software company?

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

4. Keito ($5M/year)

How much they make: $5M/year
Current team size: 22

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Amal PS, Keito | The Startup Journey

Pune-based start-up Keito raised $360,000 via seed rounds to develop their human-assisted low-code machine-learning platform, which provides a no-code intelligent information management platform for clients across India, US, Singapore, Hong Kong, Japan and the Middle East.

About
Amal started Keito over 8 years ago
Revenue
Amal grew the business to $417K/month
Read by 326 founders