Knowledge Sharing Tool

2 Knowledge Sharing Tool Success Stories [2024]

Pat Walls

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Updated: October 10th, 2024

Have you ever wished for a streamlined way to share and access knowledge within a team or organization? A knowledge sharing tool might be your next big idea. This business involves developing or curating software that enables users to easily exchange information, insights, and expertise in a centralized platform.

Imagine a company where employees can effortlessly find answers to their questions, share best practices, and collaborate on projects like never before. That's the power of a robust knowledge sharing tool. It requires an investment in technology and user experience design, as well as ongoing content management and user training.

If you’re passionate about improving productivity and fostering a culture of continuous learning, then this business could be incredibly rewarding. By meeting the growing demand for efficient knowledge management, you’ll help organizations optimize their operations and enhance employee satisfaction. It’s a tangible way to make a significant impact in the modern workplace.

In this list, you'll find real-world knowledge sharing tool success stories and very profitable examples of starting a knowledge sharing tool that makes money.

1. Coassemble ($2.1M/year)

Jude Novak, Co-Founder & CPO of Coassemble, came up with the idea for the online training platform after experiencing the limitations and poor user experience of existing online training systems. He wanted to create a platform that was easy to use and could provide engaging training experiences. By targeting the underserved market segment of small to medium-sized businesses new to online training, Coassemble has experienced over 100% YoY customer growth and has attracted over 1,000 businesses to their platform.

How much money it makes: $2.1M/year
How much did it cost to start: $10K
How many people on the team: 30

We Built A $2M/Year Online Team Training Tool [From Australia]

Coassemble is an online training platform that has seen >100% YoY growth since launch, capturing the untapped market segment of small to medium businesses looking to train online for the first time, with over 1,000 businesses signing up to the platform and 90% of new customers training online for the first time, using a focus on ease of use, flexible sharing options, deep reporting, and genuine engagement experiences.

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2. GreenRope ($1.92M/year)

metrics for our business are our customer satisfaction and retention rates, which remain consistently high. We currently have over 1,000 customers in over 20 countries, ranging from startups to universities and municipalities. Moving forward, we plan to continue evolving and improving our platform to meet the changing needs of businesses and provide even greater value to our customers.

How much money it makes: $1.92M/year
How many people on the team: 15

On Starting A $160K/Month CRM & Automations Company After A US Air Force Career

GreenRope, a self-funded CRM and marketing automation platform with over 1,000 customers in 20 countries, was built organically and focused on creating a positive, customer-centric culture without outside investment, with an all-in-one interface solving challenges in managing sales, marketing, customer service, and operations.

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