Web Development Business

How Much Money Do Web Development Businesses Make? (2024)

Pat Walls

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Updated: June 23rd, 2024

TL;DR:

Based on our data, web development businesses can make between $3,000-$700,000 per month.
The average revenue for a successful web development business is $91.1K per month.
The highest grossing web development business in our records makes over $8,400,000 per year.
Web development business owners salaries can vary wildly depending on industry, niche, and size of the business

So you're thinking about starting a web development business?

And now you're wondering how much web development business owners actually make...

Well, let’s dive in!

Here are example of real web development businesses and how much money they make - as reported by the founders themselves:

1. CreateApe ($4.2M/year)

Alessandro Fard, the founder of CreateApe, developed the idea for his business after realizing the importance of a solid foundation in digital projects. Through years of trial and error, he created the Create Ape Jungle Guide, a comprehensive process that allows clients to fulfill the research and ideation phase of their projects and lays the foundation for successful user experience, design, and development. With impressive revenue growth between 50 and 100% year-over-year, CreateApe is a leading player in the digital agency space.

How much money it makes: $4.2M/year

2. Wolfpack Digital ($3.6M/year)

Gina, the founder of Wolfpack Digital, came up with the idea for her app development agency after realizing the lack of soft skills and business strategy in the tech ecosystem in Romania. With a diverse background in engineering, psychology, and business, Gina was able to bring together her interests and tap into the impressive tech talent pool in her hometown of Cluj. Since launching in 2015, Wolfpack Digital has experienced impressive growth, reaching a yearly revenue of over $1.5 million.

How much money it makes: $3.6M/year

3. Huemor ($3M/year)

Example: Jeff, the co-founder of Huemor, started his journey as a graphic design student who freelanced to gain experience and earn money. After feeling unfulfilled in a corporate job, Jeff joined forces with a friend to build an internal agency for a media placement company. When the work environment turned toxic, they made a bold move to start their own agency, Huemor, and haven't looked back since. They've helped over 200 companies transform their digital presence and earned over 100 international awards, while maintaining a simple, customer-focused approach.

How much money it makes: $3M/year

4. SemiDot Infotech ($2.4M/year)

The founder of SemiDot Infotech came up with the idea for their business while working in London and realizing the issues faced by global clients in IT outsourcing. Recognizing the opportunity to provide solutions, they returned to India and established SemiDot Infotech in 2011, focusing on delivering efficient and effective IT solutions to businesses worldwide. Today, they have achieved significant success, earning over 2 million dollars annually and aiming to double their revenues in the coming years.

How much money it makes: $2.4M/year

5. RipenApps Technologies ($1.8M/year)

After working in the IT field for a decade, Ishan Gupta realized that digitalization was the future and wanted to contribute at a larger scale. He partnered with three friends who had expertise in business consulting, IT and sales, and programming to launch RipenApps in 2017. Since then, they have grown from a team of 4 to 169+ and have delivered 500+ successful projects, resulting in a USD 1.5M turnover.

How much money it makes: $1.8M/year

6. Never Settle ($1.8M/year)

Kenn Kelly, co-founder of Never Settle, came up with the idea for the digital agency after experiencing the ups and downs of the tech startup world. He realized the importance of taking care of people and decided to create a company that values and empowers both clients and staff. With a focus on service and building long-lasting relationships, Never Settle has become a globally recognized leader in mobile, website, and marketing solutions, completing over 1,000 projects in seven years.

How much money it makes: $1.8M/year

7. Cantilever Web Design & Development ($1.78M/year)

Ty Fujimura, founder of Cantilever Web Design and Development, came up with the idea for his business while freelancing and building a robust list of clients. After hiring Nevan Scott, a talented designer/developer, they successfully pitched and won a large project, prompting the formal incorporation of Cantilever. With a few thousand dollars in the bank and a $20,000 check from their first project, they slowly built momentum and focused on delivering top-quality work to build a strong client base.

How much money it makes: $1.78M/year

8. Materialize ($1.5M/year)

Alex Nordlinger, the founder of Materialize, came up with the idea for his business while working on side projects as a software engineer. Realizing he could take on more projects by hiring a team, he decided to start Materialize, a software development studio that provides web and mobile app development services. The business has grown to 18 employees, with a revenue of $125k per month.

How much money it makes: $1.5M/year

9. Carrd ($1.2M/year)

AJ got the idea for Carrd out of a desire to branch out from his routine work of designing and coding website templates. This routine work had become too easy and almost monotonous, prompting him to seek a new challenge that would leverage his extensive skills in a fresh way.

He realized that while he was looking for something different to do, he still wanted to stay close to his core expertise in web design and development. He wanted to build for a simple idea that could serve a broad audience.

This drive to innovate within his domain, coupled with his recognition of users' desires for simplicity and efficiency in web building tools, spurred him to develop Carrd.

How much money it makes: $1.2M/year

10. Twelvedevs ($1.2M/year)

Andrey and his co-founder Alexander were working as programmers in a software development outsourcing company when they decided to start their own company. Inspired by stories of small teams achieving success, they came up with the idea of creating a small team of 12 top developers. However, they soon realized that they needed to expand their teams to grow the company, leading to the formation of Twelvedevs, an IT consulting and custom software development company. Since its launch in 2012, Twelvedevs has completed over 70 projects in various industries, including Fintech and logistics, and has become one of the leading custom software development companies with over $100k in revenue per month.

How much money it makes: $1.2M/year