Top 10 Successful Companies requiring Minimal Funding
With great intellect comes excellent ideas. All the time, we see start-ups commencing in a tiny place with just a few people. It not only inspires us but also make us think about various aspects. We look for funding, a business plan, revenue analysis, scalability, and more information. Moreover, not every company is formed with colossal capital. Some companies started with minimal funding. This article presents the top 10 companies which started with minimal funding.
1. YouTube
- Amount of Funding: $11.5M
- Revenue: $7.5B
- The three ex-PayPal employees founded YouTube in the year 2005. It is also a platform that enables individuals to watch, share, and upload videos. Google Inc. acquired it in 2006 for $1.7Billion.
2. PrivateFly
- Amount of Funding: $2M
- Revenue: $30.4M
- PrivateFly Company started its operation in the year 2008 to book private jet charters. Earlier it was registered as UK’s fastest-growing private companies. Presently, it is covering 19 countries in the world.
3. Crowd Spring
- Amount of Funding: $2M
- Revenue: $246M
- The company, Crowd Spring, in an online market place, started to offer buying and selling of creative work like logo designing, and copywriting to the end-user. It commenced its business in the year 2007 in Chicago.
4. TripAdvisor
- Amount of Funding: $3.3M
- Revenue: $1.6B.
- Started in the year 2000, Trip Advisor is the provider of a free travel guide and research website. Expedia acquired the company in 2005, and it went public in the year 2011.
5. MeUndies
- Amount of Funding: $10.4M
- Revenue: $60M
- Awarded as one of the Forbes top 25 most innovative consumer brands in the year 2015. MeUndies is an essential apparel company. From designing to delivering to the customer, the company handles all of these aspects.
6. Live Deal
- Amount of Funding: $3M
- Revenue: $160.2M
- It started both in public and private in the year of its foundation- 2003. Live Deal is a platform that allows restaurants to post their offers live to nearby customers.
7. Mix book
- Amount of Funding: $11M
- Revenue: $25M
- Founded in the year 2006 by the two UC Berkeley alumni. Mix book is a design tool that provides customized products. Like printing photos on books, making canvases for walls, photo albums, etc.
8. Khan Academy
- Amount of Funding: $10.2M
- Revenue: $25.1M
- Being a non-profit company, Khan Academy provides material and courses with no charges like micro-lectures and tools for educators.
9. Zeel
- Amount of Funding: $13.2M
- Revenue: $23.8M
- Zeel provides massage services from the top therapists around. They have approximately 10,000 therapists in the Zeel family. It was started in 2010.
10. Tough Mudder
- Amount of Funding: $0
- Revenue: $34.1M
- Commenced its business with zero funding and presently generating $34.1m in revenue. Tough Mudder provides obstacle courses to users. They also pre-sold the registration of the electrified obstacle courses. The company was founded in the year 2009.
It is never the money that matters; one’s zeal is the point to be considered. Proper planning and execution, with the expected revenues, are the start of any successful business.
