8 Profitable Open Source Library Success Stories [2022]

8 Profitable Open Source Library Success Stories [2022]
An Open Source Library

Open-source libraries become a widely used method of software development, stories from some of the top names in the field can help you with your development or help build your confidence in adopting this methodology for your own projects.

Open-source libraries have a lot to offer the world of programming. The potential for improvement and simplification of a wide range of computer applications is huge. However, with so many options available, how are developers and architects to see which ones are right for them? Following open-source library success stories that could help you determine your best options.

Here are some real life success stories of starting a open source library:

1. Vuetify ($300K/year)

John Leider (from Fort Worth, TX, USA) started Vuetify about 5 years ago.

Revenue
$25K / month
Team
1 founders / 1 employees

Case Study

Hello! My name is John Leider and I am the founder of Vuetify, LLC.I started my company to help developers, especially design inept and inexperienced ones, build beautiful web applications.

Vuetify puts a large emphasis on its free aspect. Locking extra features or functionality behind a paywall just feels bad. Open Source is about sharing and improving code through community support. Over the years, this philosophy has allowed me to grow a massive user-base and ecosystem surrounding the framework.

i-built-a-300k-year-vue-js-component-library

2. EspoCRM ($360K/year)

Oleksii Avramenko (from Chernivtsi, Chernivtsi Oblast, Ukraine) started EspoCRM almost 11 years ago.

Revenue
$30K / month
Team
3 founders / 1 employees

Case Study

Hi! My name is Oleksii Avramenko. I’m one of the founders of EspoCRM, an open-source CRM application that helps to grow businesses.

The first version of EspoCRM was launched in 2014 and October of 2020 has seen the release of the 6th one. During the last year (29 Nov 2019 - 29 Nov 2020), the average number of downloads has increased to more than 16,000/year and we are extremely proud of it as it means that our product is in demand for our clients. Over the years, we started to make on average up to $30k a month.

how-we-developed-a-30k-month-open-source-crm

3. Plausible Analytics ($120K/year)

Marko Saric (from ) started Plausible Analytics over 3 years ago.

Revenue
$10K / month
Team
2 founders / 0 employees

Case Study

Hello! I’m Marko Saric and I’m the co-founder of Plausible Analytics. Plausible Analytics is a simple, open-source, lightweight (< 1 KB) and privacy-friendly web analytics alternative to Google Analytics.

At the time of writing (September 1st), we are at $4,557 MRR and 743 paying subscribers. We’ve grown a lot over the last few months considering that we announced $415 MRR at the start of April this year (about a year after we launched our paid subscriptions).

how-our-privacy-friendly-web-analytics-tool-reached-4k-month-without-paid-ads

4. bitHolla ($420K/year)

Adrian Pollard (from Seoul) started bitHolla about 5 years ago.

Revenue
$35K / month
Team
2 founders / 10 employees

Case Study

I’m Adrian, the co-founder of bitHolla, a Seoul-based service provider in crypto software. As a person with a design background, my focus at the company has been to help shape the flagship product called HollaEx Kit, which is an open-source exchange system that allows anyone to start a crypto platform to share coins or tokens and develop prices for these new digital crypto assets.

bitHolla in 2021 has evolved into a general-purpose crypto service, with a focus on exchange technology. bitHolla also covers all key crypto infrastructure and the company provides consulting, custody wallet tech, and pro trading tools.

we-built-an-open-source-crypto-platform-make-420k-year

5. GanttProject ($36K/year)

Dmitry Barashev (from Prague, Czechia) started GanttProject over 9 years ago.

Revenue
$3K / month
Team
1 founders / 0 employees

Case Study

My name is Dmitry Barashev and I am the guy who is working on GanttProject, a popular free open-source project scheduling application for desktop operating systems. GanttProject may be thought of as a replacement for Microsoft Project for those who can’t afford to spend $1000 on a Gantt chart drawing software. It is used by small and medium-sized businesses in construction, mechanical engineering, media production, and other industries, as well as at colleges on project management classes.

GanttProject is free for any purpose, however, there is an option to pay-what-you-want and, to my big surprise, quite a few people choose this option. This, along with a few ad banners, generates about $3000-5000 monthly. Quite far from the Forbes list, but not bad for a pet project.

i-grew-my-open-source-software-side-project-to-3k-month-0-spent-on-ads

6. Wikipedia ($157M/year)

Jimmy Wales (from ) started Wikipedia over 21 years ago.

Revenue
$13.1M / month

Case Study

During the dot com boom of the late 1990s, Jimmy Wales was running an internet search company. That's when he began to experiment with the idea of an online encyclopedia. In 2001, Wales launched Wikipedia, a website where thousands of community members could contribute, edit, and monitor content on just about anything. Today, the non-profit has stayed true to its open-source roots and is the fifth most visited website in the world. PLUS in our postscript "How You Built That," how Florence Wetterwald created Blabla dolls – eco-friendly knitted dolls made in Peru.

article

Read the full story on npr.org ➜

7. Popplers Music ($13M/year)

Poppler (from ) started Popplers Music over 13 years ago.

Revenue
$1.08M / month

Case Study
  • Popplers Music is your online resource for hard copy and paperback sheet music or digital downloads of sheet music that you can print instantly.
  • We continue to develop and expand our online catalog selection, so please stop back often. We also invite you to give us a call and visit with one of our music specialists. We are here to help you succeed, and to that end, we wish you the very best!

article

Read the full story on popplersmusic.com ➜

8. Bugswriter ($3.3K/year)

Suraj Kushwah (from Bareilly, Uttar Pradesh, India) started Bugswriter ago.

Revenue
$275 / month

Case Study
  • I am Suraj Kushwah, aka bugswriter. I am a 22 old guy from India, who loves Computers and Software. I am also a Computer Science Graduate and a Linux Youtuber. But most importantly I am a man of culture.
  • I am a guy from UP bareilly India. Who loves Computers/Linux/Programming.

article

Read the full story on youtube.com ➜

Pat Walls,  Founder of Starter Story

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