123FormBuilder - Empowering Data Collection with Easy-to-Use Online Forms

Online Forms and Surveys Tool

Overview
Summary
123FormBuilder, co-founded by Florin Cornianu, is a SaaS company that offers a platform for creating various types of online forms and managing data. The product was born from the need to simplify data collection processes and is tailored to be user-friendly. Based in Romania with a global customer base, the company has grown substantially, currently generating $420K in monthly revenue. It focuses on delivering value to a diverse range of users, from individual professionals to large enterprises.

Unique Aspect
The platform stands out for its simplicity and versatility, enabling users to easily create forms for any purpose, including event registrations, surveys, and data collection for business processes.

Approach to kick off
The initial product development was grounded in market research and feedback, with a focus on delivering a user-friendly form builder. The company grew through market-centric strategies and solid channel partnerships.
Scoop
Business Model Viability
The focus on creating a versatile, user-friendly online form builder that caters to a wide range of data management needs demonstrates a successful business model in the SaaS industry.

Future Projections
Plans to expand the product's capabilities and reach, continuing to serve a growing user base with diverse data collection and management needs.
Startup Stats

๐Ÿ“Š ARR: $5,040,000

๐Ÿ“ˆ MRR: $420,000

๐Ÿš€ Startup Costs: $50,000

๐Ÿ‘ฅ Team Size: 90

๐ŸŒ Market: Serves a wide range of users including school teachers, artists, SMBs, NGOs, and large enterprises across various fields

๐Ÿ‘จโ€๐Ÿ’ป Users: Over 100,000 active users from various sectors

๐Ÿ’ฐ Funding: Received a $1M investment from a Bucharest-based fund, 3D Capital

๐Ÿ‘จโ€๐Ÿ’ผ Founders: Florin Cornianu