5 No-Code SAAS Startups That Are Making $100,000+ a Month
Summary
TLDRThis video script explores the rise of SaaS businesses, highlighting five no-code startup success stories that have generated millions without extensive technical knowledge. From job search platforms like Teal to life-saving organ transport apps like Airspace, the script showcases how no-code platforms like Bubble.io enable rapid development and iteration, leading to significant funding and market impact. It emphasizes the advantages of no-code in fast-tracking ideas to market, iterating based on customer feedback, and scaling up with custom development when necessary.
Takeaways
- 💼 SaaS (Software as a Service) business models generate millions for founders, with no-code platforms enabling anyone to build web apps without technical knowledge.
- 🛠️ No-code development allows for visually building software with drag-and-drop tools, eliminating the need for coding skills or hiring developers.
- 📈 Five successful no-code startup stories are shared, demonstrating the potential of no-code platforms to generate significant revenue and impact.
- 🔍 The first case study is Teal, a job search platform that helps users manage their job applications and tailor resumes, which was built using Bubble.io and has raised over $1 million in funding.
- 💡 Bubble.io is highlighted as a full-stack no-code development platform that enables rapid product iteration and was instrumental in the creation of several startups.
- 💸 Coins, a debt management app, leveraged Bubble for its development, growing to over 10,000 paying customers and raising over $2.3 million in funding before facing challenges that led to its shutdown.
- 🌞 Dividend Finance, a startup in the green energy market, used Bubble to process billions in loans for solar panel installations and was later acquired by The Fifth Third Bank.
- 🚑 Airspace, a startup that facilitates the transportation of donor organs, was built on Bubble and has contracts in the multi-million dollar range, serving over 120 facilities.
- 📑 Better Legal, a service that simplifies business registration, was also built on Bubble, saving its founder hundreds of thousands in development fees and enabling faster iteration.
- 📈 No-code platforms offer a significant advantage in speed to market, allowing for quick iteration and updates based on customer feedback.
- 🚀 The conclusion emphasizes that no-code is a legitimate solution for building and scaling businesses, and that there's no excuse not to start turning ideas into reality with the tools available today.
Q & A
What is the business model known as SaaS that generates millions of dollars for founders?
-SaaS stands for Software as a Service, a business model where customers pay a subscription fee to use software that is centrally hosted and managed over the internet, rather than installing and running on their own computers.
How can someone build a web app without any previous technical knowledge?
-One can build a web app without technical knowledge by using no-code development platforms, which allow for software development visually with drag and drop tools instead of writing code.
What is the name of the job search platform that was built using no-code tools?
-The job search platform built using no-code tools is called Teal.
What features does Teal offer to job seekers?
-Teal offers features like organizing and managing job searches in one place, AI Resume Builder, AI resume checker, application autofill, LinkedIn reviewer, cover letter generator, and more to help job seekers find jobs efficiently.
Which no-code platform did David, the founder of Teal, use to develop his idea?
-David used bubble.io, a full-stack no-code development platform, to build Teal without writing a single line of code.
What is the significance of no-code tools for a startup like Coins?
-No-code tools allowed Coins to be built by founders without coding knowledge, enabling them to automate the process of paying off credit card and student debt with spare change, ultimately helping users pay off more than $35 million in debt.
What happened to the Coins app after it was built using no-code tools?
-The Coins app had to declare bankruptcy and shut down due to complications with migrating their bank, not because of the no-code platform itself.
What is the name of the startup that processes loans for solar panel installations on homes?
-The startup that processes loans for solar panel installations is called Dividend Finance.
How did Dividend Finance scale their app built on no-code?
-Dividend Finance initially built their MVP using no-code, then hired developers to add more custom integrations and functionality on top of the no-code platform as they scaled.
What is the name of the startup that developed an app for organ procurement organizations?
-The startup that developed an app for organ procurement organizations is called Airspace.
What service does the Airspace app provide?
-The Airspace app provides a solution for organ procurement organizations to instantly route and manage the transportation of donor organs to the appropriate recipients or research facilities.
What is the advantage of using no-code tools for starting a business according to the script?
-Using no-code tools allows for rapid development and iteration, giving businesses a speed-to-market advantage, and enabling founders to focus on customer feedback and product improvement rather than technical complexities.
What is the name of the startup that helps with business registration and legal services?
-The startup that helps with business registration and legal services is called Better Legal.
How did Better Legal transition from custom code to no-code?
-The founder of Better Legal, Chad Sakoni, transitioned from custom code to no-code by rebuilding the platform on Bubble, saving hundreds of thousands of dollars in development fees and gaining the ability to iterate the product himself.
What is the conclusion of the video script regarding no-code tools for startups?
-The conclusion is that no-code tools are a legitimate solution for building and scaling startups, offering a fast path to market, the ability to iterate quickly, and the flexibility to eventually hire developers for further customization when needed.
Outlines
🚀 Web Apps and No-Code Revolution
Web apps are generating millions for their founders through a business model known as SaaS. The script explains that anyone can build these apps without prior technical knowledge, thanks to advancements in no-code technology. It highlights the visual, drag-and-drop nature of no-code development, which allows founders to quickly bring their ideas to life without writing code. The video will showcase five successful no-code startups, their tools, and their earnings, culminating in an intriguing story involving complex logistics and saving lives.
🔍 Success Story: Teal - Job Search Platform
Teal, founded by David Foo using no-code tools from day one, simplifies job searching. It offers an all-in-one suite of tools to organize and manage job searches, including features like AI Resume Builder, application autofill, and more. Teal raised over $1 million in funding and was built using Bubble.io, Typeform, HubSpot, Zapier, Airtable, and Webflow. David emphasizes the importance of getting a product in front of customers quickly to iterate and improve.
💸 Success Story: Coins - Debt Payment App
Coins, founded by Nate Washington and Christian Zimmerman, helps users automatically pay off debt using spare change from transactions. Built on Bubble.io, it grew to over 10,000 paying customers and helped users pay off over $35 million in debt. Despite raising $2.3 million in funding, the app faced issues with bank migration and declared bankruptcy. The story illustrates the potential and challenges of no-code startups.
☀️ Success Story: Dividend Finance - Renewable Energy Loans
Dividend Finance provides renewable energy financing solutions and processed billions in loans through a no-code app built with Bubble.io. Initially facing development delays, the company hired a Bubble agency and had a working product in six weeks. Over time, they raised $380 million and were acquired by The Fifth Third Bank. Despite eventually hiring developers for custom integrations, their no-code foundation was crucial in their early success.
🩺 Success Story: Airspace - Organ Transport Solution
Airspace, founded by Cory, uses no-code to manage the logistics of transporting donor organs. Cory built the app on Bubble.io, allowing for efficient routing of organs to research facilities and recipients. The app, crucial for organ viability, manages multiple shipments simultaneously and integrates with the airspace API. Airspace is operational and growing, servicing over 120 facilities with multi-million dollar ARR contracts.
📑 Success Story: Better Legal - Business Registration
Better Legal, founded by Chad Sakonchick, helps users register businesses for $300. Initially spending thousands on developers, Chad rebuilt the service on Bubble.io in a few months, saving hundreds of thousands in development fees. Better Legal now operates efficiently with plans to scale from $2.7 to $5 million in annual revenue, highlighting the benefits of no-code for business growth and iteration.
📈 Conclusion: The Power and Future of No-Code
No-code is a legitimate solution for building scalable business ideas. It offers speed to market, allowing founders to iterate quickly based on customer feedback. While eventual growth may require developers for custom functionality, starting with no-code provides significant advantages. Founders are encouraged to start building their ideas with no-code tools, emphasizing the importance of rapid prototyping and customer feedback over initial technical perfection.
Mindmap
Keywords
💡SaaS
💡No-code
💡Bubble.io
💡Teal
💡Coins
💡Dividend Finance
💡Airspace
💡Better Legal
💡Product-Market Fit
💡Annual Recurring Revenue (ARR)
Highlights
Web apps can generate millions of dollars annually using the SaaS business model.
Anyone can build web apps without technical knowledge thanks to no-code development tools.
No-code platforms like Bubble.io allow visual software development with drag and drop tools.
Teal, a job search platform, was built using no-code and has raised over $1 million in funding.
Bubble.io enables non-technical founders to build and iterate on their ideas quickly.
Coins, an app for managing debt, was built on Bubble and helped users pay off over $35 million in debt.
Dividend Finance processed billions in loans for solar panel installations using a no-code built app.
No-code development can lead to significant funding and acquisitions, as seen with Dividend Finance.
Airspace, a startup for organ transportation, was built on Bubble and is operational, serving over 120 facilities.
Better Legal simplifies business registration and was also built using no-code tools, saving on development costs.
No-code platforms provide a fast route to market, allowing for quick iterations based on customer feedback.
Scaling a no-code app by hiring developers is a sign of success, not a problem.
No-code development removes the barrier of technical expertise, empowering anyone to start a business.
Success stories demonstrate that no-code is a legitimate solution for building and scaling businesses.
No-code tools are advantageous for their speed, cost-effectiveness, and ease of use for non-technical users.
The future of no-code development is bright, with more tools and opportunities for innovation emerging.
Transcripts
web apps like this this and these are
generating millions of dollars for their
Founders every single year for a
business model known as SASS and the
cool thing about the startups that I
just showed you is that anyone can build
them without any previous technical
knowledge yes you don't need to have 5
years of programming experience or
hiring expensive developers to make your
idea come into reality the way you can
do that is by taking advantage of
technology that has had some serious
advancements in the last few years known
as no code noore is a new way of
developing software we do it visually
with drag and drop tools rather than
writing code yourself and that's ex
exactly what the founders of the web
apps that I showed you at the beginning
of this video did to build their
startups they use no go to build out
their idea and went on to make hundreds
of thousands of millions of dollars so
in this video I'm going to share with
you five highly successful no code
startup success stories I will be
breaking down how they did it the tools
they used and how much roughly they are
making and make sure to stick to the end
because one of these stories is
absolutely crazy as it involves organs
complex Logistics and saving lives let's
jump into
it if you've ever tried looking for a
job online you would know exactly how
difficult it can be and if you've tried
looking for a solution to that problem
then you've probably run into one of our
first success stories as the founder
David Foo used no code from day one to
develop an awesome job search platform a
platform which evolved into an
all-in-one suit of tools to help you
find your next job fast and the name of
it is teal teal allows you to organize
and manage your entire job search in one
place you can bookmark any job board
using their Chrome extension and keep
track of all of your opportunities all
in one place it just keeps everything
organized and simplified to make sure
that you can apply to as many jobs as
possible it then allows you to quickly
tailor your resume for each job
application to improve your chances of
getting hired and saving you a lot of
hours it also has a lot of other
features like AI Resume Builder AI
resume Checker application autofilm
LinkedIn reviewer cover letter generator
and a lot more it's a very powerful
platform with deep functionality that
provides a lot of value if you're trying
to find a job and investors think so too
as steal has raised over $1 million from
City Light capital flybridge capital and
human Ventures but how did they build it
well David who is a former architect
used bubble.io to build out his idea
bubble is a full stack noode development
platform that allows you to build any
web up idea into reality without writing
a single line of code you drag and drop
components together you link the
components using their logic features
and connect to other apps using apis and
plugins when it came to building the
bubble David's exact words were as long
as I've been building technology it's as
easy as it's ever been no code was in
our DNA because we needed to get a
product out in front of people and we
wanted to iterate quickly David also
used other noode tools to bring his app
into reality he used type form for
surveys HubSpot for his CRM zapping
compared to automate workflows air table
for any additional database management
and of course web flow for their
front-end website and David believes
that getting your product into the hands
of your customers as soon as possible is
the most important step you have to put
things in front of them the more usable
the better mockups can only do so much
that's where something like bubble is
invaluable now I wasn't able to find
exactly how much teal is making but in
2020 they raised over $5 million so
ARR is definitely in a multi-million
dollar
range now debt is probably one of the
biggest pain points for most people it's
not easy to plan strategize and pay it
all off by yourself but what if there
was an app that helped you do exactly
that automatically well coins is one of
our next success stories which does
exactly that Nate Washington who is one
of the founders of the app wasn't an
alltime Rock Bottom he was broke
couldn't afford to go back to school and
was sleeping in his car for some period
of time but one day in the backseat of
his car Nate discovered bubble and
decided to dedicate himself to learning
it while working two jobs at the
restaurant after mastering the tool and
slowly improving his life he eventually
met Christian Zimmerman who was another
aspiring entrepreneur that a dream to
build his own Vex startup the problem
was that Christian had no idea how to
code well luckily Nate knew how to
Bubble so after meeting each other they
decided to team up and build their idea
with bubble and app that automatically
uses your spare change from everyday
transactions to pay off your credit card
and student debt after building their
app using bubble they managed to grow
their user base to over 10,000 paying
customers and help their users pay off
more than $35 million in debt that's
some serious impact they also raised
over $2.3 million in funding and went on
to win fintech Innovation award
challenge pretty awesome for a startup
build on Bubble unfortunately all of
this did come crumbling down but it
wasn't do to no code it was due to some
complications with migrating their Bank
due to that the app had to declare
bankruptcy and they were shut down I've
tried finding a clear story on exactly
what happened but it's all very blurry I
can find Reliable information from both
sides of the story but I still wanted to
include the story as what they were able
to accomplish the bubble was still
incredible and it shows you that
business is a lot more complicated than
what Tex tack you use for your startup
I'm sure if they didn't run into the
issues with the bank then this startup
would be around for a very long long
time this is some serious valuation
Acorn for example who is one of their
competitors was valued at around $2
billion in 20122 so you can imagine the
opportunity for growth that coins had
now this might not relate a lot of you
but if you're a homeowner and you've
ever wanted to install solar panels on
your roof but couldn't afford The
Upfront cost our next success story
solves exactly that well it might seem
pretty Niche it's still a very big
market and as we all know the green
energy Market is growing rapidly well
this startup was able ble to process
billions of dollars of loans through
their app built on no code and the web
app we are talking about is dividend
Finance dividend is a leading National
provider of renewable energy financing
solutions for property owners in the
early days they've tried developing
their app using traditional developers
but it was taking way too long they were
running out of funding and that's when
their head of product decided to give
bubble a chance they hired a bubble
agency to help them build out their MVP
and in just 6 weeks they had a working
product but this MVP was built at scale
in mind so over time they were able to
build more features onto it and build
out a legit solution for their business
dividend Finance would go on to raise
over
$380 million in funding and end up
getting acquired by The Fifth Third Bank
now I'll be clear after some time in the
market dividend did hire developers to
build out more custom Integrations and
functionality on top of bubble and it is
not clear if they're still using bubble
to this day or if they have switched to
100% custom code however however what is
clear from this story is that despite
what all of the naysayers are going to
say is that no code is a legit solution
for founders of any scale building your
up with no code launching into the
market making and raising millions of
dollars and then having to hire
developers to build out some completely
custom functionality or even rebuilding
the entire app is a problem that you
want to have it's a thousand times
better than spending 5 years learning
how to code just to have someone else
build out your idea or spending hundreds
of thousands of dollars on your app just
to realize there is no product Market
fit or even worse sitting on your idea
thinking that it's impossible and never
executing and regretting it 5 years down
the line but you should be worrying
about getting your first thousand
customers rather than worrying about how
you're going to scale once you have a
million users before you even have first
version of your app and nood is perfect
for that now we've talked about startups
in the fintech space as well as a
Marketplace how about something that has
a lot more impact something that
involves complex Logistics commercial
flights or how about something that
involves donor organs well a startup
known as airspace decided to use bubble
once again to tackle a pretty big
project Cory who is a non-technical
Founder discovered bubble by accident
while he was doing a few Google searches
and after messing around with the free
plan he realized that he had the
functionality to build out pretty much
anything that he needed I was able to go
in and create the rough sketch of the
application that I needed without having
to put in any payment so in under month
Cory was able to develop an app for one
of the largest organ procurement
organizations in the US to transport
donor organs which are refer to as gifts
so the way works is once somebody passes
away the gifts from the donor need to
get sent out extremely quickly each
donor might have let's say 12 gifts
which need to be routed appropriately to
research facilities or receipts in need
the solution that Cory built on Bubble
allowed users to do exactly that it
allowed for multiple gift shipments to
be placed and routed instantly rather
than one by one there's a viability
window of how long these organs can be
out of bodies what we were able to do
was create a front-end experience for
the team to be able to interface with
the airspace API and create multiple
orders from one single origin
instantaneously bubble's reliability is
not only impressive but reassuring
making it a trusted platform capable of
handling critical systems like
orchestrating human organ donations Cory
essentially developed a life-saving
medical app all using no code airspace
is still fully operational and they're
growing Day by day to include more
hospitals and more regions in their
service and their ARR contracts are in a
multi-million dollar range and they're
currently servicing over 120 facilities
this is probably my favorite no code
success story so if you ever want to
start your own business one of the
issues that you'll run into is
officially registering it for some
people it can be an absolute headache to
find prepare and file all of the needed
documents and that's exactly where our
next startup success story comes in
known as better legal this startup helps
you do exactly that for just $300 they
take care of the entire business setup
in just 10 minutes so you can focus on
actually building the business and
better legal is of course another no C
success story originally Chad sakoni who
is the founder was just trying to help
out his lawyer friend to automate legal
services but once realizing that there's
an actual Market gap for the solution he
decided to start better legal for years
he was spending tens of thousands of
dollars on part-time developers to build
and maintain Des this went on for years
I kept adding developers to try to solve
the front-end design problem we were
spending upwards of $8,000 $10,000 a
month on four different JavaScript
developers just to keep the site up and
get basic stuff done but everything
changed once he stumbled onto bubble
what took him 4 years to build this
custom code he then rebuilt himself this
bubble in just a few months a light bulb
went off in my head we can completely
rip and replace everything we built with
bubble the result of that was saving
hundreds of thousands of dollars in
development fees and being able to
iterate his product himself without
relying on developers in January 2023 B
legal had its best month ever and was on
track to an easy $1 million annual
recurring Revenue instead of spending
his days managing developers Chad now
focuses on actually growing the business
which was something that was holding him
back for years before now that it's
built on Bubble better legal is a
well-oiled machine and it's time to
scale the next year will largely Center
on marketing and growth I just want to
focus on getting from 2.7 to 5 million
in annual
revenue so what's the conclusion from
all of those success story well is that
no Cote is a legit Building Solutions
for ideas of any scale and you can get
started today there are hundreds of
tools available on the market for
different kind of use cases number two
is that nood can give you business a
serious Advantage due to its speed to
Market if you're able to iterate really
fast and listen to your customer and
improving your product constantly then
you're going to be so far ahead of your
competitors and that's where no code
shines you can actually make updates
within days rather than spending weeks
or even months adding small new features
number three is that outg growing no
code and hiring developers eventually to
scale further it's a problem that you
want to have so many Founders will
overthink this they'll say oh but what
if my app will need this and this and
this and that it doesn't matter what
what matters is getting your first
version of the product into the hands of
your customers as soon as possible that
should be your focus and there's no
better way to do this than using no code
cuz you can build fast get into to the
hands of your customers listen to that
feedback iterate build on and when you
need to hire developers once you have
some Revenue you can do so but there's
no reason to get started with developers
from the start waste all that money
waste all that time number four is that
you now have no excuse to start building
your idea into life if you've been
waiting for years to bring your idea
into reality well this video should be
your sign that you can get started today
and then you should start looking into
noode learning this tool and start
building now if you want to see more no
videos then make sure to click any one
of these videos
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