6 Team Collaboration Software Success Stories [2024]

Updated: November 1st, 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.

In this list, you'll find real-world team collaboration software success stories and very profitable examples of starting a team collaboration software that makes money.

1. Filestage ($3M/year)

Hey, my name is Niklas Dorn and I'm the CEO and co-founder of Filestage. We started the company in 2015 after realizing how messy and complicated the feedback process was for agencies and marketing teams when it comes to content creation. Our software makes it easy for teams to share, comment, and approve any digital content, and today we have over 600 customers and 50,000 users worldwide.

How much money it makes: $3M/year
How much did it cost to start: $200K
How many people on the team: 50

SMALLBORDER

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.

Read by 5,645 founders

2. Ignition ($240K/year)

How much money it makes: $240K/year
How much did it cost to start: $350K
How many people on the team: 15

SMALLBORDER

Founder spends $150k/mo on 21 FTE's to build tool that helps your product teams launch

IGNITION, co-founded by marketing executives Derek Osgood and Karthik Suresh, is a GTM platform helping Product and Marketing teams bring innovative products to market more efficiently with $4.9 million funding and generating $360K revenue, launched over 200 products, and has around 800 companies on the platform in various industries.

Read by 351 founders

4. Hugo

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

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

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5. 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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6. 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

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