Executive Summary: Hugging Face develops artificial intelligence algorithms and products aimed at software developers in the machine learning space. Hugging Face makes money from different licensing fees as well as by selling branded merchandise via its own online store. Founded in 2016, Hugging Face is one of the most popular communities in the field of … Read more
Executive Summary: OpenAI is a technology company that publishes academic research and releases products in the field of artificial intelligence. OpenAI makes money from charging licensing fees to access its models, subscription fees, and via investment gains. What Is OpenAI? OpenAI is a technology company that focuses on academic research and releasing products in the … Read more
Executive Summary: Blender is a free and open-source-based creation software allowing users to create high-quality still images and video animations using three-dimensional geometry. Blender makes money via donations, subscriptions, merchandise sales, annual conferences, as well as from ads. Officially established in 2002, Blender has grown to become one of the world’s leading 3D animation programs. … Read more
Executive Summary: Plaid is a financial aggregator that offers an API, allowing other companies to connect to their customer’s bank account (as well as other financial institutions). Plaid makes money by charging a variety of fees for connecting and using its service. The company operates on a freemium business model. Founded in 2012, Plaid has … Read more
Executive Summary: DocuSign is a software platform that provides a variety of products. The company’s flagship product allows people to sign contracts online. DocuSign makes money via subscriptions. The company has adopted a freemium business model which allows users to test the product free of charge. Founded in 2003, DocuSign has grown to become the … Read more
Executive Summary: TurboTax, which was released in 1984, is a tax preparation software that allows users to file their taxes online. Taxes can be filed on both a federal and state level. TurboTax makes money by charging customers a yearly fee for access to its premium products as well as dedicated tax experts. The tool … Read more
Executive Summary: HubSpot creates various (B2B) software products for inbound marketing and sales purposes. These software tools allow their business customers to capture leads, drive sales and educate customers through content. HubSpot makes money by charging customers for using the premium features of their software tools. These are divided into so-called hubs and tailored towards … Read more
Executive Summary: Convoy is a freight brokerage platform that facilitates bookings between shippers (that need to transport goods) and carriers with available loads. Contrary to traditional freight brokers that still rely on manual processes (e.g. telephone, email or faxes), Convoy utilizes software to automatically match shippers and carriers. The business model of Convoy is based … Read more
Executive Summary Flexport is a digitally enabled freight forwarder that helps other businesses to transport and store goods across the globe. The business model of Flexport is based on various services around the shipment of goods. Their main source of income comes from the fees of transporting goods. Other revenue streams include storing goods (i.e. … Read more
In 2011, venture capital investor Marc Andreessen published his famous article “Why Software Is Eating the World”. He boldly predicted that software will become an essential part of our daily lives. Over 10 years later, his predication became reality. Nowadays, software companies such as Google or Microsoft, are some of the most profitable and valuable … Read more