8 Data Sharing Business Success Stories [2024]

Updated: November 19th, 2023
Start A Data Sharing Business

Here are some real life success stories of starting a data sharing business:

1. Scrapingdog ($264K/year)

Manthan Koolwal, founder of Scrapingdog, was inspired by the productivity and entrepreneurship culture in his hometown of Gujarat, India. After completing his B.tech degree, he learned to code and discovered the potential of web scraping. He launched Scrapingdog as an MVP, focusing on SEO and writing quality blog posts to attract customers. Since then, Scrapingdog has grown to generate $22k per month, with Manthan emphasizing the importance of SEO in growing a business.

How much they make: $264K/year
How much did it cost to start: $300
Current team size: 6

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How I Bootstrapped A $264K/Year Data Scrapping API [From India]

Scrapingdog, a web scraping API founded in India by Manthan Koolwal, is making $22k per month and has increased its paid customer base by 15-18% every month, focusing on SEO and quality backlinks to attract customers and achieve a 99% success rate in web scraping.

About
Manthan started Scrapingdog almost 4 years ago
Revenue
Manthan grew the business to $22K/month
Costs
It cost Manthan $300 to start the business
Read by 3,468 founders

So... can you actually make money with a data sharing 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

2. Crustdata ($24K/year)

Abhilash Chowdhary, co-founder of Crustdata, came up with the idea for his business while working as a software engineer in the US. Inspired by his previous job building a data intelligence platform, he wanted to create a similar platform for the Indian public market. After pivoting their target customers from public to private investors, they found their first customer and have since onboarded more than 10 paying users, generating over $20,000 in revenue since their launch in March 2022.

How much they make: $24K/year
How much did it cost to start: $1K
Current team size: 0

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How I Turned My Side Hustle Into A Profitable SaaS [97% Gross Margin]

Crustdata co-founders built a SaaS tool to track private startups by indexing the public web, onboarded more than 10 paying users and brought in over $20,000 revenue since launching in March 2022.

About
Abhilash started Crustdata almost 2 years ago
Revenue
Abhilash grew the business to $2K/month
Costs
It cost Abhilash $1000 to start the business
Read by 2,675 founders

5. Mendeley

Mendeley is a free reference manager and an academic social network. Manage your research, showcase your work, connect and collaborate with over five million researchers worldwide.

Website traffic: 8.42M/month

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So... can you actually make money with a data sharing 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. Jumpshare

Share unlimited files, screenshots, video recordings with your team and clients, upload & collaborate in real-time, preview 200+ file formats online - all for free!

Website traffic: 560K/month

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8. data.world

data.world's cloud-native data catalog makes it easy for everyone—not just the "data people"—to get clear, accurate, fast answers to any business question.

Website traffic: 700K/month

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