20 Machine Learning App Business Ideas You Can Start Today [2024]
Interested in starting a machine learning app business in 2024?
We put together 20 of the best machine learning app businesses you can start in today.
For each business idea, we’ll show you real-world examples of other machine learning app businesses to help you see what it really takes.
Here's the full list:
1. Start a personalized retail app business
2. Start an online recruiting automation business
Imagine a world where recruiting is as easy as clicking a button. An Online recruiting automation business can make this dream a reality.
This innovative business idea revolves around developing software that automates the hiring process, eliminating repetitive tasks and improving the efficiency of talent acquisition. By leveraging advanced technologies like AI and machine learning, the software can dramatically expedite candidate sourcing, screening, and communication processes.
The easy-to-understand nature of this business idea lends itself to an array of industries, from tech to healthcare and beyond. But convenience is not the only selling factor; with the rise of remote work and digital nomadism, an online recruiting automation business also caters to the flexibility needs of modern companies.
As the digital world continues to evolve, automation is no longer a luxury, but a critical business need. Starting an online recruiting automation business not only offers potential for financial success but also provides a practical service that can revolutionize industries.
How much you can make: $20,000/month
How much does it cost to start: $250 (?)
How long does it take to build: 150 days (?)
FlexC is a talent marketplace in India that helps businesses hire and manage their hybrid workforce, with the ratio of hiring freelancers and contractors expected to increase to 20-30% of overall employees and more than 15,000+ consultants on their platform already.
3. Start a customer sentiment analysis tool business
How much you can make: $10,000/month
Yofi co-founders Jordan Shamir and Alex helped some of the largest brands in the world fight against resale bots, leading to the development of their customer identity platform that has stopped 51 million bot checkouts and acquired hundreds of new customers per month.
4. Start a faq chatbot business
How much you can make: $15,000/month
This case study article is about the founder of SiteGPT, an AI chatbot platform, who started the company as a side project and achieved $15k MRR in just 6 months, overcoming challenges such as building the first version of the product and finding product-market fit.
5. Start an intelligent travel assistant app business
6. Start a personalized eLearning portal business
How much you can make: $475,000 — $3,735,000/month
A former hedge fund analyst left his job to create a non-profit online teaching platform, which started with free tutorials on Youtube and now offers hundreds of free recorded tutorials in dozens of languages that is used by 30 million users a month.
7. Develop a potential disease outbreak alerting app
8. Start an energy & cost saving app business
9. Start a healthcare tools business
10. Start a fee calculator business
11. Start a fast learning app business
How much you can make: $100,000 — $13,500,000/month
Imaginovation, a technology and app development company in Raleigh, NC, was recently named one of the Top Technology Companies in North Carolina by Clutch and has grown an average of over 40% in revenue every year since it was founded in 2011 by co-founders Michael Georgiou and Pete Peranzo.
12. Develop an intelligent project development quote app
How much you can make: $5,000/month
This case study highlights how a men's apparel company founded by Paul in California successfully raised $15,000 through Kickstarter.
13. Build a cyber attacks & data hacks analyzer app
14. Start a group touring app business
How much you can make: $5,000/month
This case study highlights how a men's apparel company founded by Paul in California successfully raised $15,000 through Kickstarter.
15. Build a personalized treatment recommendation app
How much you can make: $5,000 — $200,000/month
Founder and CEO of SelfDecode, Joe Cohen, explains how his company helps people discover personalized diet, supplement, and lifestyle recommendations based on DNA and lab tests; generating about $2.7 million in revenue over the past year and raising $8 million in a crowdfunding campaign, SelfDecode provides personalized health recommendations prioritized on unique genetic variants, marking the future of healthcare.
16. Start a vulnerability prediction app business
Picture this, a digital shield programmed to guard you through the thrashing waves of cyber attacks, in real time. Morphing such imagination into reality is the business idea of a vulnerability prediction app development.
In simpler terms, it's all about creating an intuitive software, a mobile or desktop application, that predicts potential system vulnerabilities before a threat manifests itself. This app will provide crucial insights, alerts, and resolutions to help companies keep their digital walls fortified.
As our dependency on digital platforms deepens, so does the frequency, sophistication, and impact of cyber attacks. Do you see the exigency here? By launching a vulnerability prediction app, you step into the frontline, providing essential security services to households, enterprises, and governments.
Indeed, venturing forth might seem daunting as it includes robust coding, consistent testing, and periodic updates. However, the pay-off in this growing digital security market, from both a financial and societal perspective, is immense.
17. Start a finance & accounting app business
How much you can make: $10,000 — $50,000/month
Bootstrapped budgeting app Buxfer, founded by Shashank Pandit, has grown organically to profitability with a 15-person team and $0 spent on marketing, targeting niche "finance power users" with strong connections to banks all over the world.
18. Start a market prediction app business
How much you can make: $2,500,000/month
FreightWaves CEO Craig Fuller grew his company to a $30 million total revenue while generating $15 million in ad income, with no costs spent on client acquisition, through its top media and market analytics.
19. Start a storytelling app business
20. Start a financial goal tracker business
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
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- 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
