8 Social Media Live Chat App Business Success Stories [2024]

Pat Walls

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Updated: November 19th, 2023

Start A Social Media Live Chat App Business

Here are some real life success stories of starting a social media live chat app business:

1. Modelnet ($1.2M/year)

Dmitry Alentyev came up with the idea for Scrile when he was working part-time as a Java developer and tasked with finding feasible projects in the international market. After the 9/11 terrorist attack affected the international market, Alentyev decided to start his own company and offer custom development orders to clients. Over time, they began to create their first business product, WebVideo, which evolved into the ModelNet platform.

How much they make: $1.2M/year
How much did it cost to start: $200K
Current team size: 50

Reflecting On 20 Years Of Developing Video Streaming Solutions [$1.2M/Year]

Scrile, a software development company, created ModelNet, a platform for online video conferencing and live video chat that has earned $1.5M in sales with a margin of 40-50%, and expanded into new markets and niches such as online expert advice and consulting and telemedicine.

About

Dmitriy started Modelnet over 22 years ago

Revenue

Dmitriy grew the business to $100K/month

Costs

It cost Dmitriy $200000 to start the business

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Read by 3,067 founders

2. Boei ($30.4K/year)

Ruben, the founder of Boei, came up with the idea for his business after realizing the shortcomings of existing live chat solutions. He wanted to create a better alternative that would make it easier for customers to connect with companies through their preferred social channels. With his programming skills and marketing efforts, Ruben launched Boei and has seen success, including a gross profit of over $20,000 in just ten months.

How much they make: $30.4K/year
How much did it cost to start: $100
Current team size: 0

I Built A Website Chat Tool & Grew It To $30K ARR

Boei is a chat widget that integrates with social channels like WhatsApp and Facebook Messenger, which has made a gross profit of over $20,000 in just ten months and has over 2,088 customers and growing.

About

Ruben started Boei about 4 years ago

Revenue

Ruben grew the business to $2.54K/month

Costs

It cost Ruben $100 to start the business

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Read by 2,559 founders

So... can you actually make money with a social media live chat 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. Space Z

Create an account or log in to Facebook. Connect with friends, family and other people you know. Share photos and videos, send messages and get updates.

Where they're located: San Francisco, CA, USA
Current team size: 1
Website traffic: 22B/month

5. Telegram

Where they're located: Karaganda Region, Kazakhstan
Website traffic: 140M/month

So... can you actually make money with a social media live chat 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

7. Slack

Slack is where work flows. It's where the people you need, the information you share, and the tools you use come together to get things done.

Where they're located: Nashville, Tennessee, USA
Website traffic: 131M/month

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Starting A Social Media Live Chat App Business: Everything You Need To Know

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