7 E Learning Apps Business Success Stories [2024]

Updated: November 1st, 2023
Start An E Learning Apps Business

Imagine creating a platform that positively transforms the way people learn. This is the essence of an e-learning apps business. In simple terms, this idea revolves around creating educational applications that make learning accessible, enjoyable, and effective right from one’s fingertips.

These days, more people are adopting digital learning methods due to their convenience and flexibility. You can capitalize on this rising trend to create an e-learning app that caters to a specific niche, like languages, coding, or even soft skills.

What's exciting in this space is the capacity for growth and innovation - from gamified learning experiences to AI-driven personalized curriculums. Starting an e-learning app business isn't just about creating another app, it's about crafting a transformative educational tool that empowers users to learn at their own pace and on their terms.

Indeed, it will require critical thinking, technical prowess and pedagogical insight. But the reward? A product that has the capacity to impact countless lives whilst being a sustainable and scalable business model in the continually booming tech industry.

Here are some real life success stories of starting a e-learning apps business:

Learn more about starting an e-learning apps business:

Where to start?

-> How much does it cost to start an e-learning apps business?
-> Pros and cons of an e-learning apps business

Need inspiration?

-> Examples of established e-learning apps business

Other resources

1. Duolingo ($162M/year)

How much they make: $162M/year
Current team size:

reCAPTCHA and Duolingo: Luis von Ahn: How I Built This with Guy Raz

Discover how a PhD student's creation of CAPTCHA has evolved into the language-learning app Duolingo, valued at $1.5 billion today and experiencing a surge of growth during the pandemic.

Revenue
Luis grew the business to $13.5M/month
Read by 998 founders

2. Disco ($1M/year)

How much they make: $1M/year
Current team size: 29

article

Disco helps hundreds of customers facilitate live learning, can they beat hopin?

Disco's all-in-one platform for knowledge creators and organizations to build their live learning empires raised $5M pre-seed funding in 2021, closed a $15 million Series A funding round led by GSV Ventures.

About
Chris started Disco over 4 years ago
Revenue
Chris grew the business to $83.3K/month
Read by 625 founders

3. PyImageSearch ($2M/year)

How much they make: $2M/year
Current team size: 9

article

Bootstrapping A 7-Figure Info Product PyImageSearch

This case study follows the journey of an entrepreneur who successfully sold his digital courses company, PyImageSearch, after focusing on marketing and customer communication skills through social media, a blog, and a small email list.

About
Adrian started PyImageSearch about 10 years ago
Revenue
Adrian grew the business to $167K/month
Read by 678 founders

4. Yellowdig ($5.7M/year)

How much they make: $5.7M/year
Current team size: 36

article

Edtech SaaS Breaks $4m, Looking at $10m Series B Next

Yellowdig has created a community-driven active learning platform that has been adopted by over 130 schools and universities, with the goal of making every classroom an engaging and experiential learning environment.

About
Shaunak started Yellowdig over 9 years ago
Revenue
Shaunak grew the business to $475K/month
Read by 388 founders

5. The ASK Method Company ($10M/year)

How much they make: $10M/year
Current team size: 31

article

How to Explode Your Business in {{ current_year }} Using the Power of a QUIZ Funnel with Ryan Levesque

ASK Method CEO Ryan Levesque's Quiz Funnel Masterclass has helped thousands of entrepreneurs launch six- and seven-figure online campaigns, as his Austin-based education company, with a team of over 50 staff, has also been listed in the Inc. 5000 list of fastest-growing companies for 2017, 2018, 2019 and 2021.

About
Ryan started The ASK Method Company over 17 years ago
Revenue
Ryan grew the business to $833K/month
Read by 475 founders