11 Online Classes Platform Success Stories [2023]
Here are some real life success stories of starting a online classes platform:
1. MillionCenters by Better Thought Solutions LLP ($12K/year)
Surinder Singh, the founder of MillionCenters, came up with the idea after realizing the gap between private tutors and learners in India. Through research and market analysis, Singh and his team saw the need for a platform that would connect learners with tutors in various fields, from academics to fitness and hobbies. With their background in management and software engineering, they set out to revolutionize the learning system and create a one-stop platform for all learning needs. Now, with over 50,000 downloads and growing, MillionCenters is changing the way people learn in India.
How much they make: $12K/year
How much did it cost to start: $50K
Current team size: 8
MillionCenters is a hyperlocal TUTOR/COACHING-CENTER connecting platform that aims to be the one-stop platform for all learning needs, with 50,000 plus downloads and growing in double digits growth rate month-over-month and a customer acquisition rate of USD 1.
2. Coassemble ($2.1M/year)
Jude Novak, Co-Founder & CPO of Coassemble, came up with the idea for the online training platform after experiencing the limitations and poor user experience of existing online training systems. He wanted to create a platform that was easy to use and could provide engaging training experiences. By targeting the underserved market segment of small to medium-sized businesses new to online training, Coassemble has experienced over 100% YoY customer growth and has attracted over 1,000 businesses to their platform.
How much they make: $2.1M/year
How much did it cost to start: $10K
Current team size: 30
Coassemble is an online training platform that has seen >100% YoY growth since launch, capturing the untapped market segment of small to medium businesses looking to train online for the first time, with over 1,000 businesses signing up to the platform and 90% of new customers training online for the first time, using a focus on ease of use, flexible sharing options, deep reporting, and genuine engagement experiences.
So... can you actually make money with a online classes platform?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesnβt.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
3. BoardsbyMo ($100K/year)
How much they make: $100K/year
Current team size: 3
Learn how a side hustle became a full-time business as a charcuterie board prep company, BoardsbyMo, expanded B2B operations, offered online classes, and hosted business workshops to make over $120,000 annually.
4. New Sphere, LLC ($216K/year)
Ellis Annichine, the CEO of New Sphere, originally planned to open an in-person preschool but had to pivot to a virtual format due to the COVID pandemic. With years of experience in preschool administration and a passion for remote education, Ellis joined forces with her business partners to create virtual preschool programs for children ages 2-6. The business quickly gained traction, attracting 100 customers and generating approximately $18,000 in monthly recurring revenue.
How much they make: $216K/year
How much did it cost to start: $0
Current team size: 9
New Sphere is a virtual preschool program offering live classes and comprehensive early education for children ages 2 to 6 years old with 100 customers and approximately $18,000 in monthly recurring revenue, founded in response to the COVID-19 pandemic and validated through word of mouth, expanding the content to a full-service educational company.
So... can you actually make money with a online classes platform?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesnβt.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
5. Elite Chess ($99.6K/year)
How much they make: $99.6K/year
Current team size: 0
This case study showcases how a transition to an online recurring membership model can lead to a successful six-figure business, as Elite Chess founder Jeff earns five times more than when he was teaching chess at summer camps for $17 an hour.
So... can you actually make money with a online classes platform?
Of course. There are millions to be made in this industry.
But how?
- Research real, profitable businesses and see exactly how much money they make.
- Study exactly what works, and what doesnβt.
- Take action, because now you have the roadmap.
Join Starter Story and build your next big thing:
6. Kaori's Kitchen ($90K/year)
How much they make: $90K/year
Current team size: 2
Kaori's Kitchen, founded by Kaori Becker and her mother, offers classes on mochi-making, which originally began as physical sessions but moved to online classes during the pandemic, resulting in a growth in students and an annual revenue of $90,000 through bookings on Airbnb Experiences and Verlocal.
7. CreativeLive ($4.9M/year)
How much they make: $4.9M/year
Current team size: 67
CreativeLive has an anticipated annual revenue of $4.9 million and serves over 10 million students worldwide, having achieved over $1 million in revenue in its first year after launch and being purchased by Fiverr on October 7, 2021 for an undisclosed amount.
Hey! π I'm Pat Walls, the founder of Starter Story.
Get our 5-minute email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
"An amazing network of founders that truly want to help each other grow their business."
