7 Team Collaboration App Success Stories [2023]

Updated: July 23rd, 2023
Start A Team Collaboration App

Here are some real life success stories of starting a team collaboration app:

1. Meister ($12M/year)

Michael Hollauf (from Vienna, Austria) started Meister over 16 years ago.

$1M / month
2 founders / 85 employees
Vienna, Austria

Case Study

My name is Michael Hollauf, I’m one of the founders of Meister, and we currently have two very popular apps for team creativity and productivity on the market — MindMeister is the biggest online mind mapping app with over 11 million users worldwide, and MeisterTask is our new agile task management tool that already has 3 million users and is catching up fast with the likes of Trello and Asana, having won both Apple’s and Google’s Best of the Year award in its launch year.

We’re currently close to US$ 10 million ARR with our Freemium subscription business model on both apps.


2. GanttProject ($36K/year)

Dmitry Barashev (from Prague, Czechia) started GanttProject almost 11 years ago.

$3K / month
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.


Learn more about starting a team collaboration app:

Where to start?

-> How much does it cost to start a team collaboration app?
-> Pros and cons of a team collaboration app

Need inspiration?

-> Examples of established team collaboration app
-> Marketing ideas for a team collaboration app
-> Team collaboration app names

Other resources

-> Team collaboration app tips
-> Team collaboration app hashtags

4. Simul Docs ($120K/year)

Aaron Beashel (from Sydney NSW, Australia) started Simul Docs ago.

$10K / month
2 founders / 2 employees

Case Study

We have over 10,000 users in 65 countries, including Microsoft, Harvard University, Samsung, Disney, and more. We’re currently at $140k annual recurring revenue and doubling every year.


6. Missive ($1M/year)

Philippe Lehoux (from Québec, QC, Canada) started Missive almost 8 years ago.

$83.3K / month
2 founders / 4 employees

Case Study

My name is Philippe Lehoux; I’m the CEO of Missive, a shared inbox and team chat app for businesses.

With a small team of three co-founders, we reached $2M in annual recurring revenues after seven years of constant work!


7. Karma ($492K/year)

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Stas Kulesh (from Auckland, New Zealand) started Karma over 7 years ago.

$41K / month
2 founders / employees

Case Study

Karma is an analytical tool designed for Slack, a remote team-building application, to track team performance & offer rewards.

Stas Kulesh and David Kravitz are the founders of this slack tool and have equal shares in the company.

Karma bot enables team members to celebrate the accomplishments of their colleagues by using Slack actions and included instructions.

In January 2020, they were bringing in $14k/month. As of late, they are now making $35K/month.

Here's how:

  • Karma bot gets 500 new trials every month from Microsoft & Slack
  • There are approx 7-10 demos each week. Out of that, 10% or almost one new customer a week, converts to a free trial.
  • Monthly profits are $25,000
  • Churn Rate is About 3% Monthly


Read the full story on blog.getlatka.com ➜

Pat Walls,  Founder of Starter Story
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