7 Robotic Process Automation Software Business Success Stories [2024]
Here are some real life success stories of starting a robotic process automation software business:
1. Enterprise Bot ($1.8M/year)
Pranay Jain, CEO and co-founder of Enterprise Bot, came up with the idea for his AI chatbot platform after realizing the potential of AI technology during his studies in the United States. Starting with a failed B2C product, Pranay pivoted to focus on conversational AI and utilized accelerators to launch his business with minimal capital. Now, Enterprise Bot has reached a revenue of $2 million and aims to double that this year.
How much they make: $1.8M/year
How much did it cost to start: $100K
Current team size: 62
Enterprise Bot CEO Pranay Jain discusses how he grew his AI chatbot platform to reach over $2 million in annual revenue, with plans to double that this year, and shares advice for aspiring founders on keeping a positive attitude and never stop learning.
2. Rapid Acceleration Partners ($720K/year)
In 2017, Raghuraman Ramamurthy saw the opportunity to enter the AI market and automate the processing of unstructured content. Alongside his co-founders, he launched Rapid Acceleration Partners (RAP) to provide Intelligent Process Automation solutions. With their RAPFlow platform, they have served companies in six industries, processed over 7 million pieces of content, and saved 70% of manual effort.
How much they make: $720K/year
How much did it cost to start: $150K
Current team size: 35
Intelligent Automation Solutions provider Rapid Acceleration Partners (RAP) has served companies in 6 industries, processed 7 million+ pieces of content with 10 million+ process iterations, and saved 70% of manual effort via their AI-powered content intelligence platform and RPA tool.
So... can you actually make money with a robotic process automation software 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:
3. iDigitize ($168K/year)
iDigitize leverages low-code/no-code technologies to help companies overcome their fear of investment by providing cost-effective and efficient services. Mumtaz Kazi, the founder, saw the potential of Microsoft Power Platform during his time in the healthcare sector and decided to spread the word and create a business that offers process automation, training, and analytics services. Through word of mouth and utilizing LinkedIn, iDigitize has attracted and retained customers, and their future plans include becoming a Microsoft Gold Partner and launching a product on the Microsoft Marketplace.
How much they make: $168K/year
How much did it cost to start: $1.4K
Current team size: 5
iDigitize founder Mumtaz Kazi shares how she started an online business providing process automation, training, and analytics services, becoming a Microsoft Partner and academic partner of prestigious universities in less than a year, and plans for the future including launching a product on Microsoft Marketplace.
4. Inflectra Corporation ($9.96M/year)
Adam Sandman, founder and CEO of Inflectra Corporation, came up with the idea for his business while working at Sapient. He and his colleague realized that there was a need for a more affordable and agile requirements and project management system in the software industry. This led Sandman to quit his job, code the first version of SpiraTest himself, and launch Inflectra.
How much they make: $9.96M/year
How much did it cost to start: $20K
Current team size: 50
Inflectra Corporation's Founder and CEO Adam Sandman shares how he went from being a stay-at-home dad to running a tech company with $10MM in ARR, offering insight on launching and marketing a tech product in the industry.
So... can you actually make money with a robotic process automation software 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:
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
