9 Video Editing App Business Success Stories [2024]
Looking to break into the tech world with a creative twist? Consider starting a video-editing app business. It's a venture where you develop an app designed to simplify and enhance the video editing process for content creators, filmmakers, and everyday users.
With the proliferation of video content across social media and professional platforms, the demand for user-friendly yet powerful editing tools is on the rise. Think of creating an app that offers features like intuitive drag-and-drop interfaces, customizable templates, and advanced editing tools—all accessible from a smartphone or tablet.
Starting a video-editing app business involves building and continually updating the software, investing in user-friendly design, and marketing to your target audience. It's a field ripe with opportunities, especially given the increasing need for quality video content in our digital age.
If you're tech-savvy and have a passion for creative solutions, this could be the right path for you.
In this list, you'll find real-world video-editing app business success stories and very profitable examples of starting a video-editing 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
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.
3. Animation Explainers ($1.02M/year)
Aaron Connolly and Dylan Healy, the co-founders of Animation Explainers, came up with the idea for their business after discovering the increasing popularity of explainer videos during a market research project. They decided to turn their passion for animation into a business and have since built a successful company that has worked with over 350 clients and created over 750 videos. Through their flexible approach and focus on storytelling, Animation Explainers has become an industry leader in the animation space, with plans to expand globally.
How much money it makes: $1.02M/year
How much did it cost to start: $5K
How many people on the team: 20
Animation Explainers is an animation video production company that specializes in explaining complex products, services, and messages for organizations worldwide, with over 350 clients, 750 created videos, and generating $960k annually through their services.
4. OneTake A.I. ($504K/year)
Sébastien was initially running a 7-figure training business and constantly found video production to be a time-consuming and labor-intensive process. Noticing that his clients faced similar issues, he thought there had to be a better way. He envisioned a tool that could streamline the editing process and greatly reduce the time required, which led to the concept of OneTake AI.
Before fully diving in, he created a proof of concept and got early feedback. Some initial users even wanted an even easier solution, sparking the idea of a "Magic Button" for one-click editing. Recognizing the potential, he committed to refining the product using AI, despite the early challenges and uncertainties.
Sébastien’s journey taught him that customer feedback is essential for refining ideas. He learned that sometimes the simplest solutions are the most impactful, and being responsive to user needs can drive innovation. Ultimately, it was his understanding of his own and his clients' pain points that provided the clarity and direction needed to build a successful product.
How much money it makes: $504K/year
5. NOVA A.I. Limited ($240K/year)
Michael Moss, co-founder of NOVA A.I, had a passion for creating and building solutions from a young age. After conducting countless interviews and realizing the pain points in video editing, Moss and his team pivoted their initial idea to create an online video editing platform that offers both basic and advanced tools accessible to everyone. With a user base of over 100,000 and an impressive growth rate of 50% per month, NOVA A.I is revolutionizing the video editing industry.
How much money it makes: $240K/year
How much did it cost to start: $100K
How many people on the team: 15
NOVA A.I. co-founder Michael Moss shares how the video editing platform has achieved a user base of over 100K and grown on average by about 50% every month on their main metrics, all while keeping customer communication key and focusing on SEO.
6. VEED ($72K/year)
Tim and Sabba, the founders of VEED.IO, met during an online hackathon and stayed friends, brainstorming startup ideas for years. Sabba's background in design and Tim's work on an automated video editing platform led them to create VEED, a simple online video editing platform, which has now reached ramen profitability with over $5,000 in monthly recurring revenue.
How much money it makes: $72K/year
How many people on the team: 1
VEED.IO, a London-based start-up co-founded by Sabba and her partner, offers a simple online video editing platform using batch job cloud architecture to help social media managers across the world auto subtitle, filter, rotate videos and much more, earning the company $5,300 MRR and the founders Ramen profitability within just a year of starting.
7. Typewrite Transcription and Typing Services CC ($36K/year)
Gaynor Paynter had always dreamed of being her own boss and saw an opportunity to start her own typing and transcription business in 2005. With the advent of ADSL in South Africa, she was able to set up a home office and launch Typewrite Transcription and Typing Services. Through hard work, solid service, and effective marketing, Gaynor has built a successful business that continues to adapt and thrive in a challenging market.
How much money it makes: $36K/year
How much did it cost to start: $100
How many people on the team: 2
A South African entrepreneur started a transcription and typing service business from home in 2005 with a few basic marketing strategies and solid service, despite challenges in a tough economic environment and the pandemic, and is making a success of virtual working with versatile services.
8. 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
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.
9. Piktostory (now known as Piktochart) ($24K/year)
Ching, the co-founder of Piktostory (now known as Piktochart Video), came up with the idea for the business while realizing the fragmented nature of the video space and the need for a consolidated video editing tool. With the goal of simplifying video editing and repurposing, Piktostory (now known as Piktochart Video) was born. Despite facing challenges and being self-financed, the company has gained traction through successful Product Hunt launches and partnerships, and is focusing on adding more features and expanding its user base.
How much money it makes: $24K/year
How much did it cost to start: $300K
How many people on the team: 6
Piktostory co-founder, Ai Ching Goh, divulges how she created a simple video editor with customizable captions and integrated "highlight" clipping features, attracting over 350 early adopters and focusing on promoting through Facebook communities and Product Hunt to acquire new paying customers.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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