20 Machine Learning App Business Ideas You Can Start Today [2024]

Updated: July 23rd, 2023

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 (?)

I Created A $240K/Year Marketplace That Uses AI To Improve Hiring

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.

About
Girish started FlexC over 3 years ago
Revenue
Girish grew the business to $20K/month
Costs
It cost Girish $100000 to start the business
Read by 2,295 founders

3. Start a customer sentiment analysis tool business

How much you can make: $10,000/month

How These Former Resellers Built A $120K/Year Tool To Combat Bots

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.

About
Jordan started Yofi almost 2 years ago
Revenue
Jordan grew the business to $10K/month
Read by 1,919 founders

4. Start a faq chatbot business

How much you can make: $15,000/month

How My AI Side Project Grew To $15K MRR In Just A Few Months

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.

About
Bhanu started SiteGPT 11 months ago
Revenue
Bhanu grew the business to $15K/month
Costs
It cost Bhanu $500 to start the business
Read by 3,654 founders

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

Khan Academy: Sal Khan - How I Built This

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.

About
Sal started Khan Academy almost 15 years ago
Revenue
Sal grew the business to $3.74M/month
Read by 779 founders

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

How I Started A $150K/Month App Agency That Works With The Fortune 500

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.

About
Michael started Imaginovation over 12 years ago
Revenue
Michael grew the business to $100K/month
Read by 5,014 founders

12. Develop an intelligent project development quote app

How much you can make: $5,000/month

Graduating and Raising $15,000 for a New Clothing Brand

This case study highlights how a men's apparel company founded by Paul in California successfully raised $15,000 through Kickstarter.

Revenue
They grew the business to $5K/month
Read by 1,045 founders

13. Build a cyber attacks & data hacks analyzer app

14. Start a group touring app business

How much you can make: $5,000/month

Graduating and Raising $15,000 for a New Clothing Brand

This case study highlights how a men's apparel company founded by Paul in California successfully raised $15,000 through Kickstarter.

Revenue
They grew the business to $5K/month
Read by 1,045 founders

15. Build a personalized treatment recommendation app

How much you can make: $5,000 — $200,000/month

I Created A $2.7M/Year Software That Extends People's Lives By Analyzing Their DNA

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.

About
Joe started SelfDecode almost 7 years ago
Revenue
Joe grew the business to $200K/month
Costs
It cost Joe $500000 to start the business
Read by 5,290 founders

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

I Left My Job At Facebook To Go Full-Time On My Budgeting App [$600K/Year]

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.

About
Shashank started Buxfer about 17 years ago
Revenue
Shashank grew the business to $50K/month
Costs
It cost Shashank $50000 to start the business
Read by 3,643 founders

18. Start a market prediction app business

How much you can make: $2,500,000/month

How FreightWaves used their $20m Media Business to build a $20m ARR SaaS with Zero CAC

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.

About
Craig started FreightWaves about 7 years ago
Revenue
Craig grew the business to $2.5M/month
Read by 544 founders

19. Start a storytelling app business

20. Start a financial goal tracker business

meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.