5 Innovation And Technology Co. Success Stories [2023]

Updated: January 18th, 2023
Start An Innovation And Technology Co.

Here are some real life success stories of starting a innovation and technology co. :

1. OWC (Other World Computing, Inc.) ($162M/year)

OWC Larry (from Woodstock, IL, USA) started OWC (Other World Computing, Inc.) almost 35 years ago.

$13.5M / month
1 founders / 250 employees

Case Study

My name is Lawrence O'Connor, aka 'OWC Larry.' I am the founder and CEO of OWC (Other World Computing, Inc.).

Our CAGR over the past 33yrs is 43.78% (average growth rate since inception). It was 18.4% in the most recently completed year 2019 vs 2020 with just over 148 million revenue in 2020.


2. Vizologi ($96K/year)

Pedro Trillo (from Alicante, España) started Vizologi over 4 years ago.

$8K / month
1 founders / 3 employees

Case Study

Hi, I'm Pedro Trillo, Founder, and CEO of Vizologi, a startup born with a mission: To inspire business models not yet written. We are located in Alicante, Spain, and we bring services to more than 220 countries.

We have created a SaaS business that generates 50k visits per month and a gross income of around $8,000 MMR. We are excited about the community of innovators that follow us and build unique and creative startups with our AI tools.


Learn more about starting an innovation and technology co. :

Where to start?

-> How much does it cost to start an innovation and technology co. ?
-> Pros and cons of an innovation and technology co.

Need inspiration?

-> Examples of established innovation and technology co.
-> Marketing ideas for an innovation and technology co.

Other resources

4. BioFit ($240K/year)

John Zarbock (from St. Louis) started BioFit almost 5 years ago.

$20K / month
1 founders / 3 employees

Case Study

My name is John Zarbock. I am the CEO and Founder of BioFit. I started my business in November of 2018 in St. Louis, Missouri. We build better humans by providing them with the most effective, efficient, and safe exercise on the planet. We do this through the High-Intensity Training (HIT) methodology mostly by leveraging the Adaptive Resistance Exercise (ARX) machines. They are designed to achieve exercise results in as little as 20 minutes a week by performing not only each rep and set near perfectly but also allowing for the maximum amount of intensity every moment of every session in the safest way possible while giving each client real-time feedback on progress and performance. We deploy a simple success formula: Work + Rest = Growth.

We currently have approximately 125 clients and our average monthly revenue is $20k. We have about an 80% closing ratio and our client retention is over 70%. The intricacies of the business have been very dynamic as I have served more than half of my time operating it while on Active Duty for the Army. I am currently deployed overseas in Kuwait so there have been challenges in growth and scale but we have grown year over year in both memberships and revenue despite having a skeleton crew of dedicated team members and partners in the last two years.


Pat Walls,  Founder of Starter Story
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