Fastest Growing Startups: Starting or running a successful business can be incredibly rewarding. From the satisfaction of seeing your ideas become a reality to generating income from your efforts, becoming an entrepreneur has many benefits. And as technology becomes more advanced, one thing is for sure. Something new is on the horizon for startups looking for potential annual revenue and growth opportunities in the coming year. With that said, check out this list of 26 fastest-growing startups in 2023—there may be some exciting opportunities if you’re considering launching a business yourself!
Fastest Growing Startups
1. Zerotier:
Zerotier is a secure, decentralized software-defined networking platform that enables organizations to quickly and securely connect applications in the cloud without any physical infrastructure. The company’s name has seen tremendous market growth due to its ability to promptly deploy virtual private networks (VPNs) with minimal setup time and cost.
Year founded: 2015
Location: Los Angeles, California
Funding:$42.5M
2. Klaviyo:
Klaviyo is a marketing automation platform that enables brands to deliver personalized, automated, and timely customer experiences across multiple channels. The company has seen explosive growth thanks to its focus on providing robust analytics, integrations with industry-leading eCommerce platforms like Shopify and Magento, and its ability to help brands deliver exceptional customer experiences.
Founded: 2012
Location: Boston, Massachusetts
Funding:$32.5M
3.SecureSet Academy:
SecureSet Academy is a cybersecurity training and education organization that provides fast-paced boot camps and certification programs to help individuals launch careers in the critical cybersecurity space. The company has seen tremendous growth due to its focus on delivering top-tier instruction, hands-on experiences, and a wide range of related job-placement services.
Year founded:2014
Location: Denver, Colorado
Funding:$8M.
4.SpotHero:
SpotHero is a tech-driven parking platform that makes it easy for motorists to find and book parking in cities around the United States. The company has seen impressive growth due to its user-friendly app, ability to offer discounts on parking fees, and focus on providing customers with an easy and efficient experience.
Year founded:2011
Location:Chicago, Illinois
Funding:$117M.
5. Tala:
Tala is a fintech company that provides financial services to underserved populations in emerging markets through its mobile-based payment platform. The company has seen explosive growth due to its focus on providing access to financial services for those who would otherwise not have access.
Year founded:2012
Location: Santa Monica, California
Funding:$209M.
6.Anduril Industries:
Anduril Industries is a defense technology company that develops artificial intelligence and autonomous unmanned systems for defense applications. The company has seen impressive growth thanks to its focus on creating cutting-edge security technologies that the US military and other government agencies can use.
Year founded:2017
Location: Irvine, California
Funding:$1.9B.
7. Carta:
Carta is a financial services platform that enables private companies and investors to manage equity and track performance easily. The company has seen impressive growth due to its focus on providing comprehensive data management solutions for public and private companies and its ability to make equity management easy and accessible.
Year founded:2012
Location:San Francisco, California
Funding:$502M.
8. Gather:
Gather is a hospitality platform that enables businesses to create custom experiences for their employees and customers. The company has seen explosive growth thanks to its focus on providing an easy-to-use platform for booking events and managing guest lists and its ability to offer custom solutions for businesses of all sizes.
Year founded:2017
Location: Atlanta, Georgia
Funding:$60M.
9. Bevy Labs:
Bevy Labs is a digital platform that helps entrepreneurs and startups connect, find mentors and advisors, and access resources to help their businesses grow. The company has seen tremendous growth due to its focus on providing a platform for entrepreneurs to develop their network and find the resources they need to succeed.
Year founded:2016
Location:San Francisco, California
Funding:$14M.
10. Ixo Foundation:
Ixo Foundation is a blockchain-based platform that enables organizations to collect, manage, and analyze data in trustless and secure ways. The company has seen impressive rapid growth thanks to its focus on providing a cutting-edge platform for tracking global impact activities and its ability to provide transparent and secure data management solutions.
Year founded:2018
Location:Berlin, Germany
Funding:$25M.
11. Lemonade:
Lemonade is an insurance platform that uses AI and machine learning to provide customers with efficient and personalized service. The company has seen explosive growth due to its focus on delivering customer-friendly policies and its ability to offer coverage for various risks.
Year founded:2015
Location: New York, New York
Funding:$480M.
12.C2FO:
C2FO is a financial technology platform that enables businesses to access working capital efficiently and cost-effectively. The company has seen impressive growth due to its focus on providing easy access to operating capital for small businesses and its ability to offer competitive rates for borrowers.
Year founded:2010
Location: Kansas City, Missouri
Funding:$445M.
13. Hippo Insurance:
Hippo Insurance is a digital platform that enables customers to get quotes and purchase home insurance quickly and easily. The company has seen impressive growth thanks to its focus on providing customer-friendly policies and quick, easy quotes for homeowners.
Year founded:2015
Location:Palo Alto, California
Funding:$717M.
14.TripActions:
TripActions is a travel management platform that helps businesses manage their corporate travel expenses more efficiently and cost-effectively. The company has seen explosive growth due to its focus on providing an easy-to-use platform for booking business travel and its ability to offer tailored solutions for businesses of all sizes.
Year founded:2015
Location:Palo Alto, California
Funding:$1B.
15.WorkFusion:
WorkFusion is an AI-powered productivity and collaboration platform that automates manual tasks and helps enterprises achieve greater efficiency. The company has seen impressive growth thanks to its focus on providing an intuitive platform for automating mundane tasks and its ability to offer custom solutions for businesses of all sizes.
Year founded:2010
Location:New York, New York
Funding:$264M.
16. Livongo:
Livongo is a digital health platform that empowers people with chronic conditions to control their healthcare. The company has seen impressive growth due to its focus on providing clients with an easy-to-use platform for managing chronic diseases and its ability to offer personalized health coaching and support.
Year founded:2014
Location:Mountain View, California
Funding:$545M.
17. Verifi:
Verifi is a risk mitigation platform that helps businesses reduce fraud and minimize the risk of financial losses due to credit card chargebacks. The company has seen tremendous growth thanks to its focus on providing an automated risk assessment platform and its ability to offer custom solutions for businesses of all sizes.
Year founded:2006
Location:Los Angeles, California
Funding:$165M.
18. Plaid:
Plaid is a financial technology company that helps connect consumers with their financial data in a secure and streamlined way. The company has seen impressive growth due to its focus on providing easy access to banking data and its ability to offer custom solutions for businesses and tech companies of all sizes.
Year founded:2012
Location: San Francisco, California
Funding:$2.7B.
19. Headspace:
Headspace is a mental health platform that provides users with guided meditation, mindfulness, and other tools to help them achieve better mental health. The company has seen explosive growth due to its focus on providing an easy-to-use platform for managing stress and improving well-being and its ability to offer tailored solutions for businesses of all sizes.
Year founded:2010
Location: Santa Monica, California
Funding:$93M.
20. CloudFlare:
CloudFlare is a security and performance optimization platform that helps businesses increase their online presence and protect their websites from malicious attacks. The company has seen impressive growth due to its focus on providing an easy-to-use platform for businesses to secure their websites and its ability to offer custom solutions for businesses of all sizes.
Year founded:2010
Location: San Francisco, California
Funding:$975M.
21. Kabbage:
Kabbage is a financial technology company that helps small businesses access capital quickly and efficiently. The company has seen explosive revenue growth due to its focus on providing an easy-to-use platform for businesses to access loans and its ability to offer tailored solutions for businesses of all sizes.
Year founded:2009
Location: Atlanta, Georgia
Funding:$1.2B.
22. Gusto:
Gusto is a cloud-based payroll and benefits platform that helps small businesses manage their finances more efficiently and operate more cost-effectively. The company has seen impressive growth due to its focus on providing an easy-to-use platform for businesses to manage their finances and its ability to offer custom solutions for businesses of all sizes.
Year founded:2011
Location:San Francisco, California
Funding:$520M.
23. Flexport:
Flexport is an integrated logistics platform that enables businesses to manage their global supply chains more efficiently. The company has seen impressive growth due to its focus on providing an easy-to-use platform for managing freight and other logistics, as well as its ability to offer custom solutions for businesses growing companies of all sizes.
Year founded:2013
Location: San Francisco, California
Funding:$1.3B.
24. Robinhood:
Robinhood is an online brokerage platform that enables users to buy and sell stocks with zero commissions or fees. The company has seen explosive growth due to its focus on providing an easy-to-use platform for stock trading and its ability to expand to offer custom solutions for businesses of all sizes.
Year founded:2013
Location:Menlo Park, California
Funding:$5.6B.
25.UberEats:
Uber Eats is a food delivery platform launched by enabling users to order from local restaurants and deliver their meals quickly and conveniently. The company has seen impressive growth due to its focus on providing an easy-to-use platform for ordering food and its ability to offer custom solutions for businesses of all sizes.
Year founded:2014
Location: San Francisco, California
Funding:$3.3B.
26.WeWork:
WeWork is a workspace provider that enables businesses to rent flexible workspaces on demand, allowing them to focus on their core activities. At the same time, the company takes care of all the logistical tasks associated with running an office space. The company has seen explosive growth due to its focus on providing an easy-to-use platform for businesses to rent workspaces and its ability to offer custom solutions for businesses of all sizes.
Year founded:2010
Location:New York, New York
Funding:$14B.
Conclusion:
The world of startups is constantly evolving, and the six fastest-growing companies we listed above are just a few examples of the many opportunities available for aspiring entrepreneurs. With technology advancing daily, there will be plenty more successful startups in the coming years. So if you’re looking to launch your own business or invest in a startup, look at this list of the world’s 26 fastest-growing startups in 2023 and start exploring the possibilities.
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