5 No-Code SAAS Startups That Are Making $100,000+ a Month

Gleb Kras
20 Apr 202413:04

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

00:00

🚀 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.

05:01

🔍 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.

10:05

💸 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

SaaS stands for Software as a Service, which is a software licensing and delivery model in which software is provided on a subscription basis over the internet. In the video, SaaS is mentioned as a business model that has enabled the founders of web apps to generate millions of dollars annually. It is a key revenue model for startups that offer their products as a service rather than selling a physical product.

💡No-code

No-code refers to a category of software tools that allow users to create applications without writing any code. The video emphasizes no-code as a democratizing force in software development, enabling non-technical individuals to build web apps and startups like those featured in the video. It is central to the theme of empowering anyone to turn their ideas into reality without the need for extensive programming skills.

💡Bubble.io

Bubble.io is a no-code development platform mentioned in the video. It is used to build web applications through a visual interface, allowing users to drag and drop components and link them using logic features. The platform is highlighted as instrumental in the creation of several successful startups, showcasing its capability to transform ideas into functional web apps without coding.

💡Teal

Teal is a no-code job search platform featured in the video. It provides an all-in-one suite of tools to help users organize and manage their job search process, including features like AI resume building and job application tracking. Teal exemplifies the power of no-code platforms in creating comprehensive and user-friendly services that address real-world challenges.

💡Coins

Coins is an app mentioned in the video that helps users automatically pay off credit card and student debt using spare change from everyday transactions. Although the app faced challenges that led to its shutdown, it serves as a testament to the potential of no-code platforms to create impactful financial solutions that can assist with significant personal finance issues.

💡Dividend Finance

Dividend Finance is a startup that provides renewable energy financing solutions for property owners. Initially developed with traditional developers, they transitioned to using Bubble for faster development and scalability. The company's success, including raising over $380 million in funding and acquisition by The Fifth Third Bank, illustrates the viability of no-code development for large-scale, impactful projects.

💡Airspace

Airspace is a startup that developed an app for organ procurement organizations to transport donor organs efficiently. The app was built using Bubble, demonstrating the platform's reliability and capability to handle critical logistics. Airspace's story is a highlight of the video, showcasing the life-saving potential of no-code development in the medical field.

💡Better Legal

Better Legal is a startup that simplifies the process of officially registering a business. The founder discovered Bubble and was able to rebuild the service himself, saving significant development costs and enabling faster iteration. Better Legal's story underscores the financial and operational advantages of no-code platforms for startups.

💡Product-Market Fit

Product-Market Fit is a concept in the video that refers to the match between a product and what the market wants or needs. It's a critical aspect of startup success, and the video suggests that no-code platforms can help achieve this fit faster by enabling rapid product development and iteration based on customer feedback.

💡Annual Recurring Revenue (ARR)

Annual Recurring Revenue, or ARR, is a financial metric that represents the amount of income a company can expect to generate over the next year from its existing, repeat business. The video mentions ARR in the context of successful no-code startups like Teal, indicating their financial success and growth potential.

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

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web apps like this this and these are

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generating millions of dollars for their

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Founders every single year for a

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business model known as SASS and the

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cool thing about the startups that I

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just showed you is that anyone can build

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them without any previous technical

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knowledge yes you don't need to have 5

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years of programming experience or

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hiring expensive developers to make your

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idea come into reality the way you can

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do that is by taking advantage of

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technology that has had some serious

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advancements in the last few years known

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as no code noore is a new way of

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developing software we do it visually

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with drag and drop tools rather than

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writing code yourself and that's ex

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exactly what the founders of the web

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apps that I showed you at the beginning

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of this video did to build their

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startups they use no go to build out

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their idea and went on to make hundreds

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of thousands of millions of dollars so

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in this video I'm going to share with

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you five highly successful no code

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startup success stories I will be

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breaking down how they did it the tools

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they used and how much roughly they are

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making and make sure to stick to the end

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because one of these stories is

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absolutely crazy as it involves organs

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complex Logistics and saving lives let's

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jump into

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it if you've ever tried looking for a

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job online you would know exactly how

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difficult it can be and if you've tried

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looking for a solution to that problem

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then you've probably run into one of our

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first success stories as the founder

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David Foo used no code from day one to

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develop an awesome job search platform a

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platform which evolved into an

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all-in-one suit of tools to help you

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find your next job fast and the name of

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it is teal teal allows you to organize

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and manage your entire job search in one

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place you can bookmark any job board

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using their Chrome extension and keep

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track of all of your opportunities all

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in one place it just keeps everything

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organized and simplified to make sure

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that you can apply to as many jobs as

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possible it then allows you to quickly

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tailor your resume for each job

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application to improve your chances of

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getting hired and saving you a lot of

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hours it also has a lot of other

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features like AI Resume Builder AI

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resume Checker application autofilm

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LinkedIn reviewer cover letter generator

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and a lot more it's a very powerful

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platform with deep functionality that

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provides a lot of value if you're trying

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to find a job and investors think so too

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as steal has raised over $1 million from

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City Light capital flybridge capital and

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human Ventures but how did they build it

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well David who is a former architect

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used bubble.io to build out his idea

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bubble is a full stack noode development

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platform that allows you to build any

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web up idea into reality without writing

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a single line of code you drag and drop

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components together you link the

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components using their logic features

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and connect to other apps using apis and

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plugins when it came to building the

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bubble David's exact words were as long

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as I've been building technology it's as

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easy as it's ever been no code was in

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our DNA because we needed to get a

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product out in front of people and we

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wanted to iterate quickly David also

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used other noode tools to bring his app

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into reality he used type form for

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surveys HubSpot for his CRM zapping

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compared to automate workflows air table

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for any additional database management

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and of course web flow for their

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front-end website and David believes

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that getting your product into the hands

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of your customers as soon as possible is

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the most important step you have to put

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things in front of them the more usable

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the better mockups can only do so much

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that's where something like bubble is

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invaluable now I wasn't able to find

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exactly how much teal is making but in

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2020 they raised over $5 million so

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ARR is definitely in a multi-million

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dollar

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range now debt is probably one of the

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biggest pain points for most people it's

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not easy to plan strategize and pay it

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all off by yourself but what if there

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was an app that helped you do exactly

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that automatically well coins is one of

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our next success stories which does

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exactly that Nate Washington who is one

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of the founders of the app wasn't an

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alltime Rock Bottom he was broke

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couldn't afford to go back to school and

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was sleeping in his car for some period

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of time but one day in the backseat of

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his car Nate discovered bubble and

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decided to dedicate himself to learning

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it while working two jobs at the

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restaurant after mastering the tool and

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slowly improving his life he eventually

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met Christian Zimmerman who was another

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aspiring entrepreneur that a dream to

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build his own Vex startup the problem

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was that Christian had no idea how to

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code well luckily Nate knew how to

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Bubble so after meeting each other they

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decided to team up and build their idea

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with bubble and app that automatically

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uses your spare change from everyday

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transactions to pay off your credit card

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and student debt after building their

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app using bubble they managed to grow

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their user base to over 10,000 paying

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customers and help their users pay off

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more than $35 million in debt that's

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some serious impact they also raised

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over $2.3 million in funding and went on

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to win fintech Innovation award

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challenge pretty awesome for a startup

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build on Bubble unfortunately all of

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this did come crumbling down but it

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wasn't do to no code it was due to some

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complications with migrating their Bank

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due to that the app had to declare

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bankruptcy and they were shut down I've

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tried finding a clear story on exactly

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what happened but it's all very blurry I

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can find Reliable information from both

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sides of the story but I still wanted to

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include the story as what they were able

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to accomplish the bubble was still

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incredible and it shows you that

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business is a lot more complicated than

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what Tex tack you use for your startup

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I'm sure if they didn't run into the

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issues with the bank then this startup

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would be around for a very long long

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time this is some serious valuation

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Acorn for example who is one of their

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competitors was valued at around $2

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billion in 20122 so you can imagine the

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opportunity for growth that coins had

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now this might not relate a lot of you

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but if you're a homeowner and you've

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ever wanted to install solar panels on

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your roof but couldn't afford The

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Upfront cost our next success story

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solves exactly that well it might seem

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pretty Niche it's still a very big

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market and as we all know the green

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energy Market is growing rapidly well

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this startup was able ble to process

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billions of dollars of loans through

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their app built on no code and the web

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app we are talking about is dividend

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Finance dividend is a leading National

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provider of renewable energy financing

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solutions for property owners in the

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early days they've tried developing

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their app using traditional developers

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but it was taking way too long they were

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running out of funding and that's when

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their head of product decided to give

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bubble a chance they hired a bubble

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agency to help them build out their MVP

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and in just 6 weeks they had a working

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product but this MVP was built at scale

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in mind so over time they were able to

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build more features onto it and build

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out a legit solution for their business

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dividend Finance would go on to raise

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over

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$380 million in funding and end up

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getting acquired by The Fifth Third Bank

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now I'll be clear after some time in the

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market dividend did hire developers to

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build out more custom Integrations and

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functionality on top of bubble and it is

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not clear if they're still using bubble

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to this day or if they have switched to

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100% custom code however however what is

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clear from this story is that despite

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what all of the naysayers are going to

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say is that no code is a legit solution

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for founders of any scale building your

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up with no code launching into the

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market making and raising millions of

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dollars and then having to hire

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developers to build out some completely

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custom functionality or even rebuilding

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the entire app is a problem that you

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want to have it's a thousand times

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better than spending 5 years learning

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how to code just to have someone else

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build out your idea or spending hundreds

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of thousands of dollars on your app just

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to realize there is no product Market

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fit or even worse sitting on your idea

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thinking that it's impossible and never

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executing and regretting it 5 years down

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the line but you should be worrying

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about getting your first thousand

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customers rather than worrying about how

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you're going to scale once you have a

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million users before you even have first

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version of your app and nood is perfect

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for that now we've talked about startups

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in the fintech space as well as a

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Marketplace how about something that has

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a lot more impact something that

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involves complex Logistics commercial

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flights or how about something that

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involves donor organs well a startup

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known as airspace decided to use bubble

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once again to tackle a pretty big

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project Cory who is a non-technical

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Founder discovered bubble by accident

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while he was doing a few Google searches

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and after messing around with the free

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plan he realized that he had the

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functionality to build out pretty much

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anything that he needed I was able to go

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in and create the rough sketch of the

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application that I needed without having

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to put in any payment so in under month

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Cory was able to develop an app for one

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of the largest organ procurement

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organizations in the US to transport

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donor organs which are refer to as gifts

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so the way works is once somebody passes

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away the gifts from the donor need to

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get sent out extremely quickly each

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donor might have let's say 12 gifts

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which need to be routed appropriately to

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research facilities or receipts in need

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the solution that Cory built on Bubble

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allowed users to do exactly that it

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allowed for multiple gift shipments to

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be placed and routed instantly rather

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than one by one there's a viability

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window of how long these organs can be

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out of bodies what we were able to do

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was create a front-end experience for

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the team to be able to interface with

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the airspace API and create multiple

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orders from one single origin

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instantaneously bubble's reliability is

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not only impressive but reassuring

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making it a trusted platform capable of

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handling critical systems like

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orchestrating human organ donations Cory

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essentially developed a life-saving

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medical app all using no code airspace

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is still fully operational and they're

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growing Day by day to include more

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hospitals and more regions in their

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service and their ARR contracts are in a

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multi-million dollar range and they're

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currently servicing over 120 facilities

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this is probably my favorite no code

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success story so if you ever want to

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start your own business one of the

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issues that you'll run into is

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officially registering it for some

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people it can be an absolute headache to

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find prepare and file all of the needed

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documents and that's exactly where our

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next startup success story comes in

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known as better legal this startup helps

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you do exactly that for just $300 they

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take care of the entire business setup

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in just 10 minutes so you can focus on

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actually building the business and

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better legal is of course another no C

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success story originally Chad sakoni who

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is the founder was just trying to help

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out his lawyer friend to automate legal

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services but once realizing that there's

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an actual Market gap for the solution he

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decided to start better legal for years

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he was spending tens of thousands of

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dollars on part-time developers to build

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and maintain Des this went on for years

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I kept adding developers to try to solve

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the front-end design problem we were

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spending upwards of $8,000 $10,000 a

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month on four different JavaScript

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developers just to keep the site up and

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get basic stuff done but everything

play10:46

changed once he stumbled onto bubble

play10:48

what took him 4 years to build this

play10:50

custom code he then rebuilt himself this

play10:53

bubble in just a few months a light bulb

play10:55

went off in my head we can completely

play10:57

rip and replace everything we built with

play11:00

bubble the result of that was saving

play11:02

hundreds of thousands of dollars in

play11:04

development fees and being able to

play11:06

iterate his product himself without

play11:08

relying on developers in January 2023 B

play11:11

legal had its best month ever and was on

play11:14

track to an easy $1 million annual

play11:17

recurring Revenue instead of spending

play11:18

his days managing developers Chad now

play11:21

focuses on actually growing the business

play11:23

which was something that was holding him

play11:24

back for years before now that it's

play11:26

built on Bubble better legal is a

play11:28

well-oiled machine and it's time to

play11:29

scale the next year will largely Center

play11:32

on marketing and growth I just want to

play11:33

focus on getting from 2.7 to 5 million

play11:36

in annual

play11:37

revenue so what's the conclusion from

play11:40

all of those success story well is that

play11:42

no Cote is a legit Building Solutions

play11:44

for ideas of any scale and you can get

play11:47

started today there are hundreds of

play11:48

tools available on the market for

play11:50

different kind of use cases number two

play11:52

is that nood can give you business a

play11:53

serious Advantage due to its speed to

play11:55

Market if you're able to iterate really

play11:57

fast and listen to your customer and

play11:59

improving your product constantly then

play12:01

you're going to be so far ahead of your

play12:03

competitors and that's where no code

play12:04

shines you can actually make updates

play12:06

within days rather than spending weeks

play12:08

or even months adding small new features

play12:11

number three is that outg growing no

play12:12

code and hiring developers eventually to

play12:14

scale further it's a problem that you

play12:16

want to have so many Founders will

play12:19

overthink this they'll say oh but what

play12:21

if my app will need this and this and

play12:22

this and that it doesn't matter what

play12:24

what matters is getting your first

play12:25

version of the product into the hands of

play12:27

your customers as soon as possible that

play12:29

should be your focus and there's no

play12:31

better way to do this than using no code

play12:32

cuz you can build fast get into to the

play12:34

hands of your customers listen to that

play12:35

feedback iterate build on and when you

play12:37

need to hire developers once you have

play12:39

some Revenue you can do so but there's

play12:41

no reason to get started with developers

play12:43

from the start waste all that money

play12:45

waste all that time number four is that

play12:47

you now have no excuse to start building

play12:49

your idea into life if you've been

play12:50

waiting for years to bring your idea

play12:53

into reality well this video should be

play12:54

your sign that you can get started today

play12:56

and then you should start looking into

play12:58

noode learning this tool and start

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building now if you want to see more no

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videos then make sure to click any one

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of these videos

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