Video Creation App Business

2 Video Creation App Business Success Stories [2024]

Pat Walls

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Updated: October 9th, 2024

Want to capitalize on the booming demand for video content without needing a production studio? Consider starting a video creation app business.

The concept is straightforward: develop an app that allows users to create professional-quality videos using templates, music tracks, and editing tools. With rising interest in video content across platforms like Instagram, TikTok, and YouTube, this app could cater to both casual users and small businesses looking to boost their social media presence.

By offering various subscription plans and in-app purchases for advanced features, you can generate revenue while providing value. Plus, integrating community features where users can share tips and get feedback can foster a loyal user base.

If you have a knack for software development or are willing to partner with a capable team, a video creation app might just be a lucrative venture worth exploring.

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

1. Wavve ($1.2M/year)

Baird, a sales guy with a love for tech and marketing, started Wavve after a failed attempt at building a social network. While trying to find a way to promote their audio content on social media, they discovered the need for a tool to convert audio into shareable videos and pivoted to create Wavve. They focused on solving problems and quickly gained paying customers, bootstrapping the business to $75k in monthly recurring revenue over 3 years.

How much money it makes: $1.2M/year
How many people on the team: 0

How We Launched A $75K/Month Audio Sharing App For Podcasters

Wavve, a SaaS product helping podcasters and audio creators promote their content on social media, has grown to $75k in monthly recurring revenue with over 70,000 signups and clients including ESPN Radio, Dave Ramsey, and BBC.

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2. Vidds ($27.6K/year)

Ed and Andrew, the co-founders of Vidds, met online through the Indie Hackers forum and decided to collaborate on Andrew's tool for creating short promo videos. They saw potential in the tool and redesigned and rebuilt it together. After a successful launch on Product Hunt and a listing on AppSumo, they have attracted loyal users and generated sales. They are now focused on scaling their marketing efforts and developing new features to enhance the user experience.

How much money it makes: $27.6K/year
How much did it cost to start: $150
How many people on the team: 0

These Two Founders Met Online And Created A Video-Editing App

Vidds co-founders built an online video editor, with drag & drop scene builder, pre-designed templates, music, shape, and animations features that on average is now generating $2,300 a month from solo entrepreneurs and small business owners.

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