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Hot Startups to Watch Out In 2018

Last updated on March 22, 2019 by Claire D.

Reading Time: 6 minutes

We may be decisive and distrustful, but there are a lot of exciting things happening all around us. Historically, across the world, it is seen that where a startup ecosystem kick-starts, successful business models are copied first, and, then, everything else catches on. For you to catch up on these startups, here’s the list of 10 startups which we feel are gaining the right amount of momentum and surely amongst the best in the world.

1. TILR

There is a startup that seeks to eliminate cataleptic partiality within the hiring process –Tilr. It matches interviewees with companies based exclusively on skills, rather than past job titles. Concerned workers sign up for the app and rate their own skills, but they complete the training process and interviews with members of the Tilr team. After signing up workers obtain applicable shifts to sign up for and show up at the voted time and location to begin work for new companies.

It is been two years since its startup and is only available in four markets. However, they are planning on expanding to 13-17 more markets in 2018. Tilr isn’t just concerned with removing the partiality in hiring but they’re also interested in providing profit for their workers in a cutback that resists hiring full-time employees. There Funding is about $5 Million Founders are Carisa Miklusak, Luke Vigent, Sam Pillersdorf, Stephen Shefsky, and Summer Crenshaw

“A care for the worker is typically a more productive worker,” said Carisa Miklusak, Tilr CEO.

2. QUALTRICS

If you are finding a software company that allows users to collect and analyze data online for a range of purposes then Qualtrics is here. The company was founded in 2002 in the United States by Scott M. Smith, Jared Smith, Ryan Smith, and Stuart Orgill but Qualtrics didn’t ascend outside funding until 2012.  This startup company generated more than $250 million in revenue in 2017. And currently, their fundings are over $400 Million. And for further news CEO Ryan Smith told Axios that the company expects to file for an initial communal offering in 2018. In 2016, Qualtrics was ranked #11 according to Forbes Cloud 100 list and that’s not all, Qualtrics launched an anti-cancer campaign in 2016.

Hot Startups of 2018

3. DUO SECURITY

Duo Security is basically a company focusing on the business network’s cybersecurity. Duo Security provides an app for company networks with two-factor authentication, password administration and it helps in making sure that any device connecting to a company’s system is bug-free. As it is the first Ann Arbor, Michigan’s company, the company has doubled its revenue for the past four years. The company hopes that this year will be more successful in past years and they have listed funding of $121 Million.

CTO Dug Song and Co-Founder Jon Oberheid think that “different industry needs to alter the way they look at security and we can do this by making the process simpler, smarter and more secure.” Duo Security specializes in cybersecurity and it is made that way that anyone can effortlessly use, thus making companies less susceptible as technology progresses quickly.

4. PINDROP

There is not only one company that is leading the cybersecurity, but Pindrop is also another cybersecurity company, working in a very dissimilar area. Pindrop was founded by Dr. Mustaque Ahamad, Paul Judge, and Vijay Balasubramaniyan. Pindrop specializes in voice recognition technology. This scam detecting and cybersecurity startup can scrutinize and recognize your voice — even over the phone. It can even determine whether a voice is computer-generated or real. Investors like Martin Casado believe that voice recognition technology is an untapped market that will only increase in coming generations. And as the company’s CEO Dr. Mustaque Ahamad says “Voice as a way to interact with computer systems is becoming more and more pervasive, whether we’re talking to an AI at home or interacting with an automated system online”. Last year their funding was about $122 million.

As cellular systems are increasing automation, many retailers, banks, and insurance companies are already using Pindrop.

5. SHIPPO

Shippo is a startup that deals in shipping solution and seeks to level the playing field between smaller online retailers and Amazon. CEO and co-founder of shippo, Laura Behrens Wu believes that Amazon and Amazon Prime members have left online shoppers expecting free and rapid shipping, but smaller and mid-sized business have a lot of difficulties meeting these expectations. But no worry, Shippo, however, makes it easier. “The company offers a technology that is unified and provides layers to connect with all the shipping providers, get different shipping rates, get tracking information, compare shipping labels, bills and different customs documents — everything that a shipping business needs”, says Behrens Wu. Our main goal is to be a unified platform shop for e-commerce stores who are looking to present the best shipping solution to their customers.

Recently Shippo was selected by eBay Canada to power its shipping. And on top of that Shippo is already one of the finest providers for eBay in the United States. But the distinctive client is still a small or medium-sized trade. According to funding listing, they have a fund of $29 Million. Both co-founders Simon Kreuz, and Behrens Wu were listed on the Forbes 30 under 30 lists for endeavor technology.

6. PLENTY:

After all the booming tech startups agri-tech startups are also rising. One of them is Plenty, which is an agrarian technology company building an innovative kind of farm for a new kind of world. Using the best expertise available, the company utilizes less than 1% of the typical land area and water to bring consumers fresh, organic foods. The company was founded by Matt Barnard, Nate Mazonson, Nate Storey. The Company’s technology allows different farmers to cultivate fresh food that can be grown in urban areas. Such urban areas often lack in availability of fresh foods due to their lack of access to cheap products, further making it difficult for residents to find reasonable, healthy options. This company has funding of about $226 Millions.

The Company has recently announced different plans in Seattle for a 100K square-foot farming facility in an area where residents have previously little access to fresh fruit and vegetables.

7. AURORA INNOVATION:

This startup named Aurora Innovation was founded by Chris Urmson, Sterling Anderson, and Drew Bagnell. Aurora Innovation is an enigmatic startup founded by self-directed vehicle veterans from Google, Tesla, and Uber. In August, Aurora Innovation finally received a permit to test self-driven cars on California roads for the first time. Since they are just in their testing phase they have not achieved a very great amount of funding. Their funding is about $6.1 Million. Aurora Innovations had designed both the software and the hardware necessary for self-driving cars. And with all the upcoming technologies many think that this industry is about to take off in a huge way.

Along with the self-driven cars, company’s goals includes increased road safety, prolonged access to transportation, enhanced lives for commuters and revitalized cities with less need for parking.

Self Driven Car

8. ZUME PIZZA:

You are also wondering!! What’s to watch about a pizza startup? Well, this isn’t any regular pizza shop this shop pizza shop uses robotics to make pizza. Founders of Zume Pizza are Alex Garden, Julia Collins. At Zume Pizza, humans and robots work together to deliver and prepare pizzas, which are cooked and delivered to ensure that they arrive hot and fresh. This combined workforce increases efficiency and also enhances condition for human workers Alex Garden told at Verge “We wanted to identify places where humans were overtaxed physically, bored, or whether the job they were doing was not safe, like sticking their hand into a 600-degree oven for six hours a day,”.

Apart from just a cool idea, automation at Zume Pizza’s may help conduct in a new era for automated food delivery. Zume Pizza is providing all this in such a manner that doesn’t take jobs from people and uses only locally sourced unrefined ingredients. People are already using technology to order their food, so the company’s next aim is to cook and deliver it as well by making the system fully automated.

9. WAG:

Wag is a dog-walking application available on AppStore that connects dog owners with certified dog walkers. Though it doesn’t seem very important, Wag is a huge importance for dog owners are super busy and cannot go for a walk multiple times a day. This company was founded by Jason Meltzer, Joshua Viner. “On first thought, it may seem impractical, but for 40 million U.S. households with lovable canines also have a twice-daily problem that if not tackled leads to a very smelly situation. Owners can’t always be at home for a walk and that’s where Wag comes in,” Wag investor, Kent Bennet told Business Insider.

SoftBank is in talks to invest up to $300 million in Wag, so look for the app to expand and improve in 2018.

10. MOVE WITH:

MoveWith is one of the numerous personal health apps that are currently changing the way people exercise. MoveWith Company was founded by Holly Shelton, Tricia Choi. There funding is $3.8 Million approximately. MoveWith delivers audio workouts from well-known trainers to people’s personal devices. In addition to physical welfare, MoveWith also looks after mental and spiritual well-being. The app also offers yoga, guided rumination, and motivational talks. What makes the company even more attractive is its growth rate: MoveWith is currently “growing
100%+ per month” as consumers realize this convenient alternative to traditional workout sessions.

As per the emerging technologies in different fields, there is definitely hope for these kinds of startups. They are not just startups they are people with fresh and new ideas that can change the aspect of how we see things. From new and evolved AI’s robotic Pizza making, these are startups are here to make our lives a lot easier and mark themselves. And these are just not enough, there are plenty more startups ideas.

Read more articles here –

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Claire D.

In a global market awash with world-class developers (and some not-so-great developers), finding the RIGHT ones for your enterprise/startup may seem impossible if you decide to search on your own.

Filed Under: Tech Tagged With: Hot startups of 2018, Startups

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