7 Refer A Friend App Business Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start A Refer A Friend App Business

Here are some real life success stories of starting a refer a friend app business:

1. GrowSurf ($1.2M/year)

Kevin Yun, co-founder of referral software company GrowSurf, came up with the idea for the business after realizing that there was a lack of suitable referral software available on the market. After years of waiting for someone else to build the ideal solution, Kevin and his co-founder decided to create it themselves, with the vision of making it as streamlined as possible to integrate a referral program into any product. Since launch, GrowSurf has achieved an impressive $25k MRR and is focused on increasing customer retention and reaching $1 million in annual recurring revenue.

How much they make: $1.2M/year
How much did it cost to start: $0
Current team size: 2

How We Developed A $25K/Month Referral Software For Tech Startups

Co-founders of B2B SaaS startup GrowSurf, Derek and Kevin, developed a referral software for tech startups that has brought in around $25k MRR with a 6% monthly growth rate, overcoming generic messaging and a compromised product that wasn't a good fit for anyone.

About

Kevin started GrowSurf over 6 years ago

Revenue

Kevin grew the business to $100K/month

Read this case study

Read by 7,143 founders

2. Walmart

Shop Walmart.com for Every Day Low Prices. Free Shipping on Orders $35+ or Pickup In-Store and get a Pickup Discount. Open a Walmart Credit Card to Save Even More!

Where they're located: Jacksonville, Florida, USA
Website traffic: 457M/month

So... can you actually make money with a refer a friend app business?

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 doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. Chase

Chase online; credit cards, mortgages, commercial banking, auto loans, investing & retirement planning, checking and business banking.

Where they're located: Memphis, Tennessee, USA
Website traffic: 197M/month

5. Xfinity

Where they're located: Denver, Colorado, United States
Website traffic: 157M/month

So... can you actually make money with a refer a friend app business?

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 doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

Part of

Starting A Refer A Friend App Business: Everything You Need To Know

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