11 Software Company Success Stories [2024]
Here are some real life success stories of starting a software company:
1. Qwaiting ($792K/year)
Rohit Garg, co-founder of QWaiting, came up with the idea for his business after experiencing long waits and frustrations at restaurants. Recognizing the common problem of excessive customer wait times, Garg developed QWaiting to help businesses manage queues and improve customer experiences. With a team of over 50 members and an average monthly revenue of $66k, QWaiting has gained traction in industries such as banks, hospitals, retail stores, airports, and public sector enterprises.
How much they make: $792K/year
Current team size: 50
Singapore-based Qwaiting's cloud-based queue management software helps businesses manage customer queues, reduce wait times, increase productivity and improve visitor experience. With average monthly revenue of $66k, Qwaiting has attracted 500+ clients and specialises in data analytics reporting, customer feedback support and centralised management.
2. Twelvedevs ($1.2M/year)
Andrey and his co-founder Alexander were working as programmers in a software development outsourcing company when they decided to start their own company. Inspired by stories of small teams achieving success, they came up with the idea of creating a small team of 12 top developers. However, they soon realized that they needed to expand their teams to grow the company, leading to the formation of Twelvedevs, an IT consulting and custom software development company. Since its launch in 2012, Twelvedevs has completed over 70 projects in various industries, including Fintech and logistics, and has become one of the leading custom software development companies with over $100k in revenue per month.
How much they make: $1.2M/year
How much did it cost to start: $300
Current team size: 50
Twelvedevs, an IT consulting and custom software development company, shares its success story after 9 years of completing more than 70 projects across various industries, having over $100k revenue per month, fifty employees, and a soon-to-be-opened branch in the U.S. for Fintech and logistics.
So... can you actually make money with a software company?
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. ProfitWell ($22M/year)
How much they make: $22M/year
Current team size: 85
Find out how ProfitWell, the SaaS platform specializing in marketing analytics, saas metrics and positioning, achieved over $22M in annual revenue and was recently acquired by Paddle for $200M in cash and equity, with over 30,000 companies using its products, including Canva and Autodesk.
4. Ziflow ($8M/year)
How much they make: $8M/year
Current team size: 99
So... can you actually make money with a software company?
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:
5. Enquire AI ($1.5M/year)
How much they make: $1.5M/year
Current team size: 228
Enquire AI offers an AI-powered platform that collaborates with 50 businesses worldwide and 300 clients, generating a 300% increase in revenue and 207% expansion of its expert network in the last year.
6. Maynuu ($36K/year)
Aaron, the GM of Maynuu, came up with the idea for their business out of frustration with how big food delivery platforms were charging exorbitant fees to small restaurants. He wanted to create a tool that would help small restaurant owners make more money online. He connected with Wafiq, the CEO of Maynuu, who had a similar idea to help his brother's café business. They merged their projects and launched Maynuu, which has seen significant growth, making about $4,300 last month and growing about 200% in the last year.
How much they make: $36K/year
How much did it cost to start: $500
Current team size: 4
Maynuu, an online restaurant ordering system launched by Aaron D'cruz in May 2020, has already generated over $36k in revenue and has 1800 signups in Malaysia and Singapore.
So... can you actually make money with a software company?
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:
7. Productfy ($2M/year)
How much they make: $2M/year
Current team size: 35
Productfy is a platform for creating financial applications that any business can use to launch financial products cost-effectively.
- 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
