Here are some real life success stories of starting a online marketplace:
1. Sharetribe ($2.4M/year)
Juho Makkonen, the CEO and co-founder of Sharetribe, came up with the idea for their online marketplace software while working on a research project at a Finnish university. After receiving multiple requests from non-technical founders to use their technology for their own ideas, they realized there was a market for a solution that allowed non-technical founders to build their own marketplace websites without coding skills. Today, Sharetribe powers over 1000 marketplaces in 70+ countries, with some customers raising millions in venture capital.
How much they make: $2.4M/year
How much did it cost to start: $100K
Current team size: 24
Sharetribe is a SaaS product that makes it easy for non-technical founders to create their online marketplace without coding skills; with more than 1000 marketplaces in 70+ countries powered by Sharetribe software, it began with an idea of Juho Makkonen and a co-founder, spinning out of their first marketplace research project.
Build your own marketplace website. Launch fast with a full feature set. Grow & extend your platform. Expert support at every step. Get started for free today!
- Estimated revenue: $200K/month
- Website traffic: 700K/month
- Business rank: #35.5K
Check out their full website ➜
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings