6 Trending Team Collaboration Software Businesses [2024]

Pat Walls

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Updated: July 15th, 2023

Build A Team Collaboration Software

In an ever-expanding digital world, efficient teamwork is no longer constrained by physical borders. Enter, team collaboration software, an innovation designed to combat communication and coordination hurdles within remote teams.

In its simplest form, this business idea is about creating a digital platform where team members can connect, share ideas, manage tasks, and monitor project progress, regardless of their geographical location. Not just another chat tool, but a whole eco-system that takes care of everything from task delegation to document sharing, schedule management and beyond.

Consider this: our world is rapidly moving towards remote work and digital collaboration. With these changing dynamics, the demand for effective team collaboration software is only going to increase. As digital footprints expand, the potential for your software to empower teams globally does too.

It's a dynamic venture with a real chance of creating a significant impact. Building a helpful tool which enhances productivity and smoothens the collaboration process could be the shot worth taking. The time and resources spent will be a worthwhile investment, as you cater to the mounting needs of our ever-evolving digital landscape.

Looking for some examples of a team collaboration software?

Interested in case studies of a successful team collaboration software? Check out our full list of success stories.

1. Hugo

Centralized, searchable meeting notes that connect with your favorite tools.

Where they're located: San Francisco, California, USA
Current team size: 8

2. WorkHub24

The best Workflow Automation Software to automate your business process workflows. Insanely simple & absolutely no coding. CLAIM your FREE ACCOUNT NOW!

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Building A Team Collaboration Software: Everything You Need To Know

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4. Ignition

Create more cohesive, impactful product launches, with the first go-to-market platform that automates all the painful parts of product launch planning.

How much they make:
Where they're located: Los Angeles, CA, USA
How much did it cost to start: $350K
Current team size: 15

5. Filestage

How much they make: $3M/year
Where they're located: Stuttgart, Germany
How much did it cost to start: $200K
Current team size: 50

How Three Fresh Out Of University Founders Created A 250K/Month Media SaaS

Filestage is a content review and approval software that started in 2015 and now has over 600 customers and 50,000 users worldwide, offering an efficient approval process for digital content such as videos, images, pdf, podcasts, and entire websites.

About

Niklas started Filestage almost 9 years ago

Revenue

Niklas grew the business to $250K/month

Costs

It cost Niklas $200000 to start the business

Read this case study

Read by 5,480 founders

6. Metro Retro

Metro Retro is a free web app that helps teams run productive, engaging and fun retrospectives, backlog sessions, health checks, workshops and many other meeting types.

Where they're located: London, UK
How much did it cost to start: $100K
Current team size: 0