2 Developer Marketplace Success Stories [2024]
Looking for a space where tech meets opportunity? Consider creating a developer marketplace. Think of it as an online hub where freelance developers and companies needing their skills come together seamlessly.
In simple terms, this business idea involves building a platform that connects skilled developers with businesses in need of their expertise. Developers can showcase their portfolios, while businesses post job listings—creating a dynamic, interactive job board for tech talent.
Imagine tapping into the booming tech industry, creating a win-win situation where businesses find the right talent and developers gain more opportunities. You'd be maintaining the platform, curating listings, and maybe even offering premium features for both parties.
If you have a knack for technology and networking, this could be a fulfilling and financially rewarding enterprise to jump into.
In this list, you'll find real-world developer marketplace success stories and very profitable examples of starting a developer marketplace that makes money.
1. Sharetribe ($2.4M/year)
Juho Makkonen, the CEO and co-founder of Sharetribe, came up with the idea for their online marketplace software while working on a research project at a Finnish university. After receiving multiple requests from non-technical founders to use their technology for their own ideas, they realized there was a market for a solution that allowed non-technical founders to build their own marketplace websites without coding skills. Today, Sharetribe powers over 1000 marketplaces in 70+ countries, with some customers raising millions in venture capital.
How much money it makes: $2.4M/year
How much did it cost to start: $100K
How many people on the team: 24
Sharetribe is a SaaS product that makes it easy for non-technical founders to create their online marketplace without coding skills; with more than 1000 marketplaces in 70+ countries powered by Sharetribe software, it began with an idea of Juho Makkonen and a co-founder, spinning out of their first marketplace research project.
2. Techintern.io ($180K/year)
Kingsong, the CEO of Techintern.io, came up with the idea for his business after noticing the high demand for tech talent at startups and the pause in internships at large tech companies during the pandemic. He saw an opportunity to connect startups with skilled developers who had lost their internships, and decided to build a web application to streamline the process. Through their successful launch on Product Hunt and word-of-mouth referrals, Techintern.io has been able to attract and retain customers, and is currently profitable and expanding their marketing efforts.
How much money it makes: $180K/year
How much did it cost to start: $40K
How many people on the team: 3
Techintern.io connects startups and tech companies with the best software developer students at colleges across North America and has achieved #1 Product of the Day and #2 Product of the Week on Product Hunt, making $15,000 per month.
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