27 of the most interesting Tech Startups of 50 most Valuable: Actifio, Airtable, Asana, Auth0, CybeReason, DataIku’s, DataMinr, DigitalOcean, Figma, Freshworks, Gitlab, HashiCorp, NetSkope, OneTrust, Outreach, Palantir, Postman, Qumulo, Rubrik, Samsara, Segment, Snowflake, Sprinklr, Stripe, Tanium, TripActions, UIPath, & Xant.ai
Business Insider compiled a list of 50+ of the most valuable Technology startups in the US using data from technology market databases PitchBook & CB Insights and found that they’re collectively worth about $216 billion. They’ve defined “enterprise technology” fairly broadly for the purposes of this list: We focused on startups valued at more than $1 billion that are largely selling their technology to other companies in areas including — but not limited to — cloud computing, software, and developer tools.
PitchBook provided a list of its top 30 venture-backed Enterprise Technologies companies in the US, but Business Insider’s definition means that some companies on the list [ie, SpaceX ($36B), Waymo ($31B), & DoorDash ($16B)] didn’t make it onto this ranking. We also searched CB Insights’ database of private companies valued at $1 billion or more and searched for companies that matched our definition.
27 of 50+ of the most valuable “ & “interesting” enterprise technology“ Startups, according to Peter/CXO Wiz4.biz
Actifio (2009) Raised: $461M, Employees: 427
Actifio creates enterprise Cloud Data management SW. Estimated $1.3B valuation. Boston
Afiniti (2006) Raised: $377M, Employees: 1,000
Afiniti builds an Artificial Intelligence [AI] & Analytics platform that it says is used by companies in industries including tele-communications, financial services, & health care. Valued at $1.8B. Wash DC
AirTable (2012) Raised: $170M. Employees: 70
Airtable builds tools to make it easier for people to build SW applications without knowing how to code. CEO said: “In March, the company has quadrupled its revenue”. PitchBook estimates the company is worth as much as $4B. San Francisco
Asana (2008) Raised: $213, Employees: 700
Asana builds Task Management software to help teams keep track of work. San Francisco
Auth0 (2013) Raised: $333M, Employees: 700
Auth0 is a Cyber-Security SW startup that manages user authentication and secures the login pages for large consumer & enterprise businesses. Seattle
CybeReason (2002) Raised:$390M, Employees: 500
Softbank-banked CybeReason sells software to “secure” a company’s network and the devices connected to it,( phones, laptops, & desktops) $1.5B valuation. Boston
DataIku (2013) Raised: $147M, Employees: 400
DataIku’s machine learning software helps companies turn large amounts of data into concrete insights. Valuation $1.4B. New York City
DataMinr (2009) Raised: $572M, Employees: 650
DataMinr has an artificial intelligence [AI] platform to track Social Media and has customers including American Airlines, McDonalds, & Home Depot. New York City
DigitalOcean (2011) raised: $595M, Employees: 563
Cloud Computing company DigitalOcean not only competes with the big providers likeMicrosoft, & Google, but mainly targets small & medium businesses. New York City
Figma (2012) Raised: $132M, Employees: 209
Figma (of your Imagination) is a Project Management tool for digital product designers. San Francisco
Freshworks (2010) Raised: $401M, Employees: 3,000
Freshworks builds Customer Relationship Management (CRM) SW. No layoffs during the pandemic, though it has paused hiring. San Mateo, CA
Gitlab (2011) Raised: $413M, Employees: 1,200
Gitlab is a code-collaboration platform that rivals Microsoft-owned GitHub. San Francisco
HashiCorp (2012) Raised: $349M, Employees: 979
HashiCorp sells a slew of Cloud tools that assist in solving security & operational issues for Cloud Infrastructure developers. San Francisco
NetSkope (2012) Raised: $744M, Employees: 1,000
NetSkope builds a Cloud Security Platform to help companies monitor how employees are using Cloud SW such as Slack & Google Drive — to make it more secure. Santa Clara, CA
OneTrust (2016) Raised: $420M, Employees: 1,500
OneTrust builds a platform intended to help companies manage Data Privacy. The company in February told Business Insider that a recent California “Data Privacy Law” was a big boost to its business. Atlanta, Georgia
Outreach (2011) raised: $287M, Employees: 550
Outreach is a Sales Automation startup that helps salespeople engage with customers more effectively by helping them determine the best action to take with prospective customers. Seattle
Palantir (2004) Raised: $3B, Employees:2,500
Historically secretive Palantir creates SW to help companies manage & analyze data. It’s best known for its cofounder, Peter Thiel, who is a Facebook board.
Postman (2014) Raised: $208M, Employees: 250
Postman builds a collaboration platform offering application programming interfaces (APIs) that’s used by Microsoft, Twitter, and Cisco. San Francisco
Qumulo (2012) Raised: $363M, Employees: 315
Qumulo is a hybrid Cloud Storage startup that helps customers manage data inside their own data centers & the cloud. Qumulo more than doubled its valuation in a recent funding round. Seattle
Rubrik (2014) raised: $553M, Employees: 1,700
Rubrik builds a cloud Data management platform. Palo Alto, CA
Samsara (2015) Raised: $930M. Employees: 1,350
Samsara builds Sensors & Cloud SW for Internet of Things [IoT] connected devices & applications. One of the most valuable in the enterprise technology market. San Francisco
Segment (2011) Raised: $283M, Employees: 500
Segment builds Data Management & Analysis SW to help companies manage customer data. San Francisco
Snowflake (2012) Raised: $1.4B, Employees: 1650
Snowflake helps companies store & manage data in the Cloud. San Mateo, CA.
Sprinklr (2009) Raised: $228M, Employees: 1,800
Sprinklr builds a platform to help enterprise businesses manage Social Media. New York City.
Stripe (2009) Raised: $2B 4/20 Employees: 2,500
Stripe builds a digital Payments platform used by companies including Airbnb, Amazon, & Target. Palo Alto, CA
Tanium (2007) Raised $837M Employees: 1,500
Tanium is a Cyber-Security firm that works to make companies more secure by protecting so-called “endpoints” like desktops, laptops, & mobile devices. Salesforce signed a deal with Tanium in Feb 20 to keep company info. Emeryville, CA
TripActions (2015) Raised: $125M, Employees: 900
TripActions helps customers plan and pay for business Trips without having to go through the arduous approval & reimbursement process that most companies use. Palo Alto, CA
UIPath (2012) Raised: $1.2B, Employees 3000
UIPath builds helps businesses automate common & routine tasks through a technology called robotic process automation (RPA). New York City
Xant.ai (2004) Raised: $299M, Employees: 146
Xant.ai builds a Cloud Sales platform that integrates with Customer Relationship Management (CRM) SW. Provo, Utah
Tech Startup Quotes:
“You need 3 things to create a successful startup: to start with good people, make something customers actually want, & to spend as little $$$ as possible.”
“You need passion and purpose to thrive.”
“Every prosperous business was first a courageous decision to begin, then determination to continue.”
“If an unexecuted idea still lingering on in your mind, the idea must be worth taking the risk.”
“No business can be created without determination and perseverance.”
“Most startups eventually pivot to adjust to what the market is telling them.”
“Ideas are meaningless without masterful execution !!!
“Willingness to learn is important, willingness to act on what you learn is critical !!!
Comments: Do you know of any other Tech Startups that really stand out?
fm Business Insider, PitchBook & CB Insights 8/20 enhanced by Peter/CXO Wiz4.biz
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