Remote Meeting App Business

3 Remote Meeting App Business Success Stories [2024]

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Updated: October 10th, 2024

We live in an age where remote meetings are the norm. Enter the remote meeting app business—a practical, in-demand solution for businesses and individuals forced to adapt to remote work.

A remote meeting app allows users to conduct virtual meetings with features like video conferencing, screen sharing, and collaborative tools. You'll be providing essential software that keeps teams connected and productive, no matter where they are.

With companies steadily moving towards more flexible working arrangements, there's a growing demand for reliable, user-friendly meeting apps. There's plenty of room for innovation, be it more secure communication channels or integrations with project management tools.

Starting this business requires a solid understanding of software development, a knack for UX design, and a commitment to continuous improvement based on user feedback. If you have the technical skills and passion, a remote meeting app business can be a sustainable and rewarding opportunity.

In this list, you'll find real-world remote meeting app business success stories and very profitable examples of starting a remote meeting app business that makes money.

1. Distro ($1.68M/year)

Chad Ingram, the founder and CEO of Distro, came up with the idea for his business after facing challenges with hiring and retaining software developers in his previous ventures. Seeing the need for a better alternative in the competitive labor market, Chad created Distro as a marketplace for companies to find, hire, and pay remote development teams. Within 8 months of launching, Distro has already surpassed $2 million in annual recurring revenue and is focused on scaling its marketing and product implementation.

How much money it makes: $1.68M/year
How much did it cost to start: $250K
How many people on the team: 5

Distro: From MVP To $2M ARR In 8 Months

Distro, a marketplace for companies to find and hire software developers, has reached $2 million in ARR in just 8 months, and is profitable, giving founders hope to grow through capital efficiency focussing on product and sales by aggressively targeting a $3.5 million ARR by December 2022 alongside building a scalable marketing system and product implementation.

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2. 1Page ($120K/year)

Pooran Prasad Rajanna came up with the idea for 1Page after experiencing the pain of preparing for sales meetings. He realized that salespeople spend too much time searching for information across various platforms, so he created a mobile app that delivers a customized summary of everything they need to know before a meeting. With over 25 integrations and partnerships with data providers such as Standard & Poor and Crunchbase, 1Page aims to help salespeople connect better with prospects and close deals.

How much money it makes: $120K/year
How much did it cost to start: $240K
How many people on the team: 8

How I Developed A $10K/Month App That Helps Salespeople Sell More

1Page CEO and founder Pooran Prasad Rajanna developed a mobile app that helps salespeople search less and sell more by delivering customized one-page summaries for every meeting and call, with the aim of helping salespeople get enough information to help them closer on the deal.

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3. Bluedot ($24K/year)

Ruslan Halilov, along with his co-founder, launched Bluedot, an AI Chrome extension for Google Meet, after struggling with documenting decisions during their staffing agency's numerous remote meetings, eventually securing $1.5K MRR and 500 daily active users.

How much money it makes: $24K/year
How much did it cost to start: $300K
How many people on the team: 2

We Hit $1.5K MRR in Just Two Months With Our AI Chrome Extension for Google Meet

Bluedot is a successful AI Chrome extension for Google Meet that generates meeting notes, boasting 500 daily active users and a $1.5K MRR with a 50% monthly growth rate just two months after launching.

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Read by 1,429 founders