6 Database Management Business Success Stories [2023]

Updated: July 24th, 2023
Start A Database Management Business

Database management is the process of organizing and storing data. This data can be used for a variety of purposes, including analytics, marketing, and customer service.

To start a database management business, you will need strong technical skills and experience in database management software. . You should also have a good understanding of how to design and optimize databases.

The average salary for a Database Manager is $90,815 per year or 43.66 dollars an hour in the United States. On the lower end of that spectrum are people who make roughly 59K while the top 10% can earn up to 139K.

There is a growing demand for database management services as businesses increasingly rely on data to drive their operations.

A database management business provides services like data backup, disaster recovery, and data security to businesses. This can be a great business idea for those with a background in computer science or information technology.

Here are some real life success stories of starting a database management business:

1. TeleCRM ($60K/year)

Rahul (from Delhi) started TeleCRM almost 2 years ago.

$5K / month
2 founders / 16 employees

Case Study

My name is Rahul, I'm the co-founder at Flamon cloudtech. Which is the parent company that owns our primary product TeleCRM. Taking a step back and looking at the big picture of what we are trying to achieve with TeleCRM - What if there was a way to bring software, automation, and intelligence together in a way that salespeople would only have to do the human part? Instead of spending countless hours every week entering data into specific formats and then more hours crunching that data to figure out who are the leads that they need to focus on, the system that collects all the data do the crunching and return a simple list of people who have already been warmed and just need that human touch.


2. Scheduled Server backups for DigitalOcean and all providers ($300K/year)

Simon founded SnapShooter, a server and database backup company. They reached $10k MRR by being bootstrapped and building in public, and they keep growing.

$25K / month

Case Study

Simon founded SnapShooter, a server and database backup company. They reached $10k MRR by being bootstrapped and building in public, and they keep growing.

Learn more about starting a database management business:

Where to start?

-> How much does it cost to start a database management business?
-> Pros and cons of a database management business

Need inspiration?

-> Examples of established database management business

Other resources

5. TerminusDB ($240K/year)

Subscribe: https://www.youtube.com/c/NathanLatkawatchTerminusDB CEO Luke Feeney: Git for data... Visit them: www.terminusdb.comSee more of Luke's data: https...

Luke Feeney (from Dublin, Ireland) started TerminusDB over 4 years ago.

$20K / month
2 founders / 10 employees

Case Study

In 2019 Luke Feeney founded TerminusDB, an open-source knowledge graph database that offers dependable, private, and effective revision control & collaboration.

TerminusDB is for people who love coding and aspire to make fundamental changes regarding how data is curated, managed, or stored.

Kevin Feeney and Gavin Mendel-Gleason came on board to help the idea for TerminusDB turn into reality. The former is the company's CEO, while the latter, having extensive programming and software specification knowledge, is the CTO.

TerminusDB, a Trinity College Dublin spinoff, has raised €3.6 million in seed funding for its open-source collaboration platform for large and complex data.

TerminusDB joined the AI Infrastructure Alliance earlier this year, a nonprofit organization and industry group created to promote greater cooperation among artificial intelligence and machine learning start-ups worldwide.


Listen to the full podcast on soundcloud.com ➜

6. Timescale ($12M/year)

Catch Haseeb Khan, VP of Innovation and Technology, #tkxel in conversation with Michael Freedman, CTO Timescale - Scalable SQL for time-series data, empoweri...

Michael Freedman (from New York, NY, USA) started Timescale almost 5 years ago.

$1M / month
2 founders / 151 employees

Case Study

On November 1, 2018, Ajay Kulkarni and Michael J. Freedman launched Timescale in response to their requirement for a database solution to serve IoT(internet of things) workloads.

Timescale is an open-source time-series database that is completely compatible with PostgresSQL and is specially built for simplicity of use and for solving complicated queries. TimescaleDB provides SQL methods and table structures to facilitate time series data storage, performance, and analysis for data-at-scale.

Ajay, co-founder & CEO, graduated from the Massachusetts Institute of Technology with a B.S. in Computer Science and an MBA from the MIT Sloan School of Management. He is enthusiastic about entrepreneurship. His prior firms include Sensobi, GroupMe, and TechStars, among others.

Michael, apart from being a founding partner in the company also looks after CTO responsibilities. He got his Ph.D. in computer science from NYU's Courant Institute, as well as his S.B. and M.Eng. degrees from MIT, before joining Princeton in 2007.

He has a long background in the distribution system, storage system, and databases which eventually helped him build this time series database cloud. Apart from being a SaaS founder Michael is also a professor of computer science at the Princeton university and has been a faculty there for over 15 years. In 2021, he was designated the Robert E. Kahn Professor of Computer Science.

The company has been successfully running for 4+ years now. In the previous 12 months, the firm has raised $180 million at a valuation of more than $1 billion. Tiger Global, Benchmark Capital, New Enterprise Associates, Redpoint Ventures, Icon Ventures, Two Sigma Ventures, and other renowned investors have invested in it.

Today, the firm serves over 500 paying clients and tens of thousands of additional enterprises in the community that uses TimescaleDB, including Akamai, Cisco WebEx, DigitalOcean, IBM, Microsoft, Pfizer, Samsung, Uber, Walmart, and others.

Key Facts about the company:

  • Mike always wanted to build things that people use. His interests and early career life would become the kernel of the time scale.
  • Timescale focuses on developers and businesses working with machine data and IoT.
  • The company is a remote-first enterprise with a global workforce.
  • TimescaleDB is offered as open-source software under the Apache 2.0 license.
  • Its performance characteristics have been compared to InfluxDB.
  • Timescale has seen 7x community growth and 20x revenue growth.


Pat Walls,  Founder of Starter Story
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