Data Science Company

3 Data Science Company Success Stories [2024]

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Updated: October 8th, 2024

Data science deals with the vast volume of data using modern tools and techniques to find unseen patterns. Data science experts can add value to any business using the data well. Data science companies help businesses to:

Mitigate risk and fraud
Deliver relevant products
Offer a personalized experience

Given the critical role of data science in business analytics, starting a data science company can be a great idea.

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

1. Big Cloud Recruitment ($3M/year)

After years of experience in the recruitment industry, Matt Reaney decided to start his own company. He and his colleagues identified the emerging trend of 'big data' and saw a niche in the market for recruiting data scientists and engineers. Inspired by the idea of leveraging data to drive business growth, they founded Big Cloud, a global data science recruitment company.

How much money it makes: $3M/year
How much did it cost to start: $80K
How many people on the team: 6

How We Started A $250K/Month Data Science Recruitment Service

Data science recruitment company Big Cloud shares how they grew their business to generate £250k per month through expanding into global markets and using social media and marketing strategies to attract and retain customers while keeping a strong focus on building honest, long-standing relationships with clients and candidates.

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Read by 5,491 founders

2. Addepto ($1.26M/year)

Addepto, a leading AI consulting firm, was founded by Edwin Lisowski and Artur Haponik. With their shared passion for new technologies, they recognized the potential of AI-driven solutions for businesses and decided to start a company that offers customized data-driven solutions. Over the years, their focus on providing high-quality services and building a strong brand image has helped them attract and retain customers, leading to their remarkable success in the industry.

How much money it makes: $1.26M/year
How much did it cost to start: $30K
How many people on the team: 25

We Built A $1.26M/Year AI Consulting Business [Over 30 Employees]

Addepto is an AI consulting business that has grown to over 30 employees and generated $1.26 million per year by offering customized solutions to clients, minimizing business risks with AI, integrating data from multiple sources, and optimizing logistic processes.

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Read by 4,765 founders

3. White Bullet ($1.2M/year)

Peter Szyszko, a former intellectual property lawyer, founded White Bullet after realizing the need for efficient processes to differentiate between legal and illegal online content. By using AI and machine learning, White Bullet has developed an IP Infringement Analytics Platform that identifies infringing websites and tracks the advertising funding them. The company has experienced significant growth, attracting clients from the media industry, government, and law enforcement sectors.

How much money it makes: $1.2M/year
How many people on the team: 16

How We Developed A Leading IP Infringement Analytics Platform

White Bullet CEO and founder, Peter Szyszko, discusses how he identified and began targeting IP-infringing websites and apps with his IPI Analytics Platform, which has seen the company grow and expand into new areas such as social media antipiracy and connected TV.

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Read by 7,143 founders