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70+ Best Startups You Need to Watch in 2024

Updated on December 19, 2024

29 Min Read

Did you know, on average, 137,000 startups emerge every day. But, it takes more than a brilliant idea to run a successful startup. You need inspiration, learn from the mistakes of others and try and replicate the best practices successful startups are leveraging in 2024.

Since there are hundreds of new startups launching every day, the real question is:

How can you filter out the best startups?

Filtering out promising ventures can save you time and resources while increasing your chances of starting a successful startup or partnering with the next big thing.

In this blog, we have created a list of the most promising new startups from various niches based on their success stories, size of team, awards, and venture-backed funding they have raised so far.

💡 Please note: Startups are not placed in any ranking order.

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AI Startups

1. Cohere

Source: Cohere

  • Industry: Artificial intelligence
  • Year founded: 2019
  • Funding: Series D
  • Location: Toronto, Canada
  • Number of employees: 251-500

Cohere helps businesses use artificial intelligence to analyze and generate text-based language, like understanding customer queries or creating written content.

Their AI models can be used to build applications that process and respond to human language, making tasks like summarizing information, answering questions, and searching documents much easier.

One of the cool things about Cohere is that they offer a lot of training and resources to help you get started with their technology. They’ve also worked with many different companies to help them use AI to solve real-world problems.

Some of the big investors in their latest funding round included Cisco, AMD, and Fujitsu.

2. Capacity

Source: Capacity

  • Industry: AI automation
  • Year founded: 2017
  • Funding: Series C
  • Location: Saint Louis, USA
  • Number of employees: 51-100

Capacity is an AI platform that interlinks everything you need (all the apps of your choice) on a single platform. Never lose a digital file ever again – is the motto of the Capacity startup. The software uses AI to find out what apps you need at what time, and keep them ready for you.

This helps you and your team manage time and gain knowledge about things that matter and focus on achieving the business goals.

In 2022, the startup closed a funding of $38 million to help new team members get up to speed, improve their product, and make their support system even better.

3. Cast AI

Source: Cast AI

  • Industry: Artificial intelligence
  • Year founded: 2019
  • Funding: Series B
  • Location: North Miami, USA
  • Number of employees: 51-100

CAST AI is an AI startup that helps businesses manage their Kubernetes infrastructure. They use artificial intelligence to automatically adjust your cloud resources to save you money and improve performance.

It can help you reduce your cloud costs by up to 40% and ensure your Kubernetes clusters are secure and compliant. They’re easy to set up and can start saving you money right away.

Last year, they raised $35 million in a Series B funding round from Vintage Investment Partners and existing investors Creandum and Uncorrelated Ventures.

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4. Observe.AI

Source: Observe.ai

  • Industry: Artificial intelligence
  • Year founded: 2017
  • Funding: Series C
  • Location: Redwood, USA
  • Number of employees: 251-500

Observe.AI is a company that provides AI-powered tools to improve customer service in call centers. Their platform listens to customer conversations, offers real-time suggestions to agents, and automates tasks like summarizing calls.

The startup uses multiple technologies such as machine learning, natural language processing, and a list of error checks to ensure that all your voice calls are following the same procedures. It tracks, monitors, and educates the call agents to ensure that each of your calls can generate sales – thereby increasing profitability and decreasing the number of uninterested callers.

Observe.AI is backed by Scale Venture Partners, Nexus Venture Partners, Y Combinator, and Emergent Ventures. In a short period, it has gained the trust of Tripadvisor, Microsoft, ERCBPO, Talkdesk, and other VC firms.

They have raised $215 million in total, with $125 million the amount they raised in the last round.

Software and SaaS Development

1. Shaped Thoughts

Source: Shaped Thoughts

  • Industry: Software Development, focusing on integrating software, APIs, SaaS, and B2B platforms
  • Year founded: 2022
  • Funding: NA
  • Location: Warsaw, Poland
  • Number of employees: 10-49
  • Growth rate: 322.1%

Shaped Thoughts is one of the fastest growing startups. It is a software company that specializes in building tech solutions for the insurance industry.

With the latest technology to create scalable and efficient software, their team of experts can build everything from risk assessment tools to claim systems.

They use cutting-edge technology like serverless computing, scalable databases, and microservices to build products.

2. Devkit

Source: DevKit.agency

  • Industry: Custom software development
  • Year founded: 2020
  • Funding: NA
  • Location: Warsaw, Poland
  • Number of employees: 51-100
  • Growth rate: 247.1%

DevKit is a software company that helps businesses create custom solutions. They use the latest technology and data to build software and work with diverse type of clients.

The startup’s expertise spans web and mobile development, cloud computing, and DevOps. They use technologies such as JavaScript frameworks (React, Angular, Vue.js), backend languages (Node.js, Python, Java), and mobile platforms (iOS, Android). DevKit is also proficient in cloud services like AWS and Azure.

3. Empat

Source: Empat

  • Industry: Client-focused software development
  • Year founded: 2013
  • Funding: NA
  • Location: Kyiv, Ukraine
  • Number of employees: 51-100
  • Growth rate: 158.4%

Empat is a tech company based in Ukraine that works with clients all over the world. They have a team of that can build all kinds of software, from websites and apps to custom solutions. The help businesses get started with new ideas and conduct end-to-end execution.

Empat specializes in building mobile apps, designing websites, and creating custom software solutions. They also help businesses get their products ready for the market through market research and MVP development.

They have worked with companies like Obimy, AirDoc and Dr. Alexa

4. Artjoker Software

Source: Artjoker

  • Industry: Custom software development
  • Year founded: 2006
  • Funding: NA
  • Location: Kharkov, Ukraine
  • Number of employees: 51-100
  • Growth rate: 104%

Artjoker is an agency that helps businesses with everything from design to development. The company creates detailed plans for your project, including what features you need and how the software should work.

They have a lot of experience with fintech and crypto and have worked with applications like Cryptoplatform and Gooddollar.

5. FxBits

Source: FxBits

  • Industry: Custom software development
  • Year founded: 2018
  • Funding: Private
  • Location: Cluj, Romania
  • Number of employees: 101-250
  • Growth rate: 99.5%

FxBits, another one of the best startups, is a software development company that builds custom software using technologies like Java, React, and Angular. They work with businesses in different industries, like healthcare and manufacturing, to create innovative solutions.

They have completed 24 successful projects in the past 6 years.

6. Thespian

Source: Thespian

  • Industry: Software development
  • Year founded: 2015
  • Funding: NA
  • Location: Zagreb, Croatia
  • Number of employees: 11-50
  • Growth rate: 101.8%

Thespian is a software development company that focuses on efficient and agile development processes. They specialize in updating old software and finding the right people to join your team.

The startup uses the latest technology, like artificial intelligence and blockchain. They have a lot of experience in the healthcare industry and can help you create better software for your patients.

They have clients around the world and some of the notable ones include BetterDoc and Alex Fusion.

7. Riseapps

Source: Riseapps

  • Industry: Custom software development
  • Year founded: 2016
  • Funding: NA
  • Location: Tallinn, Estonia
  • Number of employees: 51-100
  • Growth rate: 79.7%

Riseapps is a software development company that helps businesses create custom solutions. They have a proven track record of building innovative software that drives business value.

Riseapps offers a comprehensive range of services, including consulting, product development, and AI solutions, to meet your specific needs.

8. Clumio

Source: Clumio

  • Industry: Software and Saas
  • Year founded: 2017
  • Funding: Series D
  • Location: California, USA
  • Number of employees: 101-250

Clumio is transforming the SaaS industry through its enterprise backup technology. It is a 3rd party app that helps avoid complexities and costs of running 3rd party backup software on the cloud.

It is one of the most successful apps that you can integrate with top cloud-native platforms and native AWS servers. It ensures that your cloud services remain secure and meet the current and future backup requirements of the demanding enterprises.

Clumio raised $75 million in a Series D funding round led by Sutter Hill Ventures, with participation from existing investors Index Ventures and Altimeter Capital, and new investor NewView Capital.

9. CloudTalk

Source: CloudTalk

  • Industry: Software and SaaS
  • Year founded: 2016
  • Funding: Series B
  • Location: Bratislava, Slovakia
  • Number of employees: 101-250

CloudTalk is a next-generation business calling software for data-driven teams. It offers advanced call quality when you need to connect faster, easier, and more efficiently with your clients. CloudTalk also provides data intelligence, AI and machine learning to transform customer experience and adapt it perfectly to the unique demands of each user.

With CloudTalk, customer support and sales teams can automate their workflows and use built-in analytics to track performance indicators in real-time. Furthermore, CloudTalk has a comprehensive set of native features, dozens of integrations with CRMs, helpdesk solutions and other tools.

They recently closed a $28 million Series B funding round co-led by KPN Ventures and Lead Ventures, with additional participation from existing investors Point Nine Capital, henQ, Presto Ventures, and Orbit Capital.

10. Bit Adventure

Source: Bit Adventure

  • Industry: Web development
  • Year founded: 2017
  • Funding: NA
  • Location: Warsaw, Poland
  • Number of employees: 11-50
  • Growth rate: 69.7%

Another one of the best startups is Bit Adventure. Bit Adventure has expertise in building websites, mobile apps, and other software using the latest technologies. Their team builds MVPS with a business-centric approach.

They also use artificial intelligence to improve business processes. They’ve built more than 30 software solutions till now.

11. Apzumi

Source: Apzumi

  • Industry: Custom Software Development (health products)
  • Year founded: 
  • Funding: NA
  • Location: Durham, USA
  • Number of employees: 11-50
  • Growth rate: 56.6%

Another one on Clutch’s top 100, Apzumi, is a software company that creates technology solutions for health and wellness. They can build custom software and are experts in creating mobile apps and websites for healthcare.

They use cutting-edge technology like augmented and virtual reality to create innovative solutions. Apzumi’s team of designers and developers can help create products that are not only useful but also easy to use.

They offer a variety of services, including cloud solutions and cybersecurity, to help your business stay safe and efficient.

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12. Bits Orchestra

Source: Bits Orchestra

  • Industry: Software development
  • Year founded: 2015
  • Funding: NA
  • Location: Lviv, Ukraine
  • Number of employees: 11-50
  • Growth rate: 55%

Bits Orchestra is another software startup that helps businesses create custom software solutions. They use technology to help businesses improve their operations and grow. Bits Orchestra builds software using the Kentico platform, which is great for managing content and e-commerce.

While their latest funding details are not public, Bits Orchestra offers a range of services to help businesses improve their operations, including communication and collaboration tools, automated processes, and systems for managing orders and inventory.

13. Digitalya

Source: Digitalya

  • Industry: Custom software development
  • Year founded: 2014
  • Funding: NA
  • Location: Iasi, Romania
  • Number of employees: 11-50
  • Growth rate: 62.5%

Digitalya is another software company that specializes in creating technology solutions for the healthcare industry. They can help you build custom software for healthcare professionals and patients.

They’re experts in creating mobile apps and websites that are easy to use and effective. Digitalya also uses artificial intelligence and data analysis to help you make better decisions.

They focus on creating solutions that are secure and compliant with industry standards, so you can trust them to handle your sensitive data.

Recruiting Startups

1. Micro1

Source: Micro1

  • Industry: AI recruitment
  • Funding: $3.3 million
  • Location: Los Angeles, USA
  • Number of employees: 50 – 249
  • Growth rate: 173.1%

Micro1 is a platform that helps companies find remote developers. Employers can search for qualified candidates and track their performance. Developers can use the platform to find new jobs, whether they’re looking for full-time or part-time work. It’s changing the way companies hire engineers in the age of AI.

The startup uses AI to screen thousands of candidates each month. From this pool, they select the top 1% and certify their skills. You tell them what you’re looking for in an engineer, and they help you find the perfect match. Once you’ve found the right candidate, you can hire them directly.

Micro1 has a total of 11 investors and successfully secured $1.3 million in seed funding during their latest funding round, which took place in October 2023.

2. Motife

Source: Motife

  • Industry: Recruitment and consultation
  • Year founded: 2017
  • Funding: NA
  • Location: Krakow, Poland
  • Number of employees: 10-49
  • Growth rate: 90.3%

Motife is one of the best startups in the recruitment industry. They offer consulting services for startups. Their expertise includes staffing, operations management, and offshoring strategies.

Motife specialize in technology-related areas like software engineering, front-end development, and Java development.

Consulting and Services

1. IT Squad

Source: IT Squad

  • Industry: BI and Big Data Consulting and SI
  • Year founded: NA
  • Funding: NA
  • Location: Warsaw, Poland
  • Number of employees: NA
  • Growth rate: 86%

IT Squad is a tech company that helps businesses modernize and improve their operations. They deal with different industries, like banking, insurance, healthcare, and retail.

IT Squad is known for being good at solving problems and providing high-quality solutions including business analysis, custom software development, and tech consulting. They’re committed to helping their clients succeed and have a great reputation in the industry.

2. Advascale

Source: Advascale

  • Industry: Cloud Consulting and SI
  • Year founded: 2018
  • Funding:
  • Location: Riga, Latvia
  • Number of employees: 11-50
  • Growth rate: 83.2%

Advascale is another one of the fast growing startups. It is a tech company that helps businesses manage their cloud infrastructure. They can help move your business to the cloud, improve existing cloud setup, and manage cloud costs.

They are experts in all the major cloud platforms, like AWS, Google Cloud, and Microsoft Azure. Advascale also uses DevOps tools to automate and streamline cloud operations.

They build cloud infrastructure for businesses in the finance and cryptocurrency industries. Advascale is focused on creating solutions that are scalable, reliable, and cost-effective.

3. Indicium

Source: Indicium

  • Industry: BI and Big Data Consulting and SI
  • Year founded: 2017
  • Funding: Venture – Series unknown
  • Location: New York, USA
  • Number of employees: 251-500 
  • Growth rate: 127.6%

With an insane growth rate of 127.6% as per Clutch, Indicium is a company that helps businesses use data to make better decisions. They’re experts in data science, analytics, and artificial intelligence.

They’ve been helping companies modernize their data for over 7 years and have worked with big names like Burger King and Pepsico.

Indicium has secured $40 million in Series A funding, led by the American investment firm Columbia Capital. This investment will support Indicium’s expansion into the US market.

IT Staff Augmentation

1. The Flock

Source: The Flock

  • Industry: IT staff augmentation
  • Year founded: 2021
  • Funding: NA
  • Location: Miami, USA
  • Number of employees: 51-100
  • Growth rate: 273.2%

The Flock has one of the highest growth rates. It is a company that helps businesses find talented tech professionals from Latin America. They can build a custom team for you or help you find individual developers to work with.

The company has a huge network of developers and can connect you with the perfect person for your project.

The Flock has won several awards for their work, including being named a top staff augmentation company and a top web development company. They’re a great choice if you’re looking to build a world-class remote development team.

2. IntelligentBee

Source: IntelligentBee

  • Industry: Back Office Outsourcing
  • Year founded: 2010
  • Funding: NA
  • Location: Iasi, Romania
  • Number of employees: 251-500
  • Growth rate: 103.2%

IntelligentBee is a Romanian company that helps businesses with their customer service, software development, and other tech needs.

The company offers a wide range of services, from 24/7 customer support to building custom software. Some of their big projects include creating CRM systems for businesses and building scalable web apps.

3. Expert Allies

Source: Expert Allies

  • Industry: IT staff augmentation
  • Year founded: 2021
  • Funding: NA
  • Location: Sofia, Bulgaria
  • Number of employees: 51-100
  • Growth rate: 102.2%

Expert Allies, founded not long ago, is a tech company that helps businesses innovate and grow. They offer a range of services, including strategy consulting, product design, and software development.

They specialize in helping businesses come up with new ideas and figure out how to use technology to improve their business.

4. Winged IT

Source: Winged IT

  • Industry: IT staff augmentation
  • Year founded: 2017 
  • Funding: NA
  • Location: Warsaw, Poland
  • Number of employees: 11-50
  • Growth rate: 64.3%

Winged IT is a startup that helps businesses find and hire talented IT professionals. They can help you build your entire tech team or just add a few people to your existing team.

They offer flexible options, so you can choose the best way to work with them. You can even set up a branch of your company in Poland with their help.

Winged IT is known for their expertise in IT recruitment and their commitment to helping clients find the best talent. They’ve worked with companies all over the world and have a great track record of success.

5. Ragnarok Group

Source: Ragnarok Group

  • Industry: IT staff augmentation
  • Year founded: 2019
  • Funding: NA
  • Location: Kyiv, Ukraine
  • Number of employees: 50-249
  • Growth rate: 54%

Ragnarök Group is a tech startup that helps businesses find and hire talented IT professionals from around the world. They can help you build your entire tech team or just add a few people to your existing team.

They also offer creative services, like branding and marketing, to help your business stand out. Ragnarök Group is committed to understanding your needs and delivering solutions that help you succeed. They have offices in several countries and can work with clients from all over the world.

EdTech Startups

1. Preply

Source: Preply

  • Industry: Edtech
  • Year founded: 2012
  • Funding: Series C
  • Location: Massachusetts, USA
  • Number of employees: 501-1000
  • 5-year Search Growth: 1,113%

Preply a language learning platform that connects students with tutors around the world. That’s right, over 35,000 tutors ready to help you learn a new language.

It is different from apps like Duolingo. Instead of games and lessons, Preply connects you with a personalized tutor who can personalize lessons to your goals, whether you want to brush up on your Spanish for travel or become fluent for business.

2. BrightWheel

Source: BrightWheel

  • Industry: Edtech
  • Year founded: 2014
  • Funding: $88.8M, Series C
  • Location: California, USA
  • Number of employees: 251-500
  • 5-year Search Growth: 335%

BrightWheel is a startup that got a deal from Shark Tank for $600,000!

Brightwheel is a software company that helps preschools manage their operations. They’ve been growing incredibly fast, with their value increasing by a whopping 1000% since they were on Shark Tank.

They’re even the most popular software for preschools in the country. Recognizing the challenges faced by daycare and preschool staff in managing attendance, learning plans, and parental communication, Brightwheel offers a powerful platform to efficiently handle these tasks.

3. Springboard

Source: Springboard

  • Industry: Edtech
  • Year founded: 2013
  • Funding: Venture
  • Location: California, USA
  • Number of employees: 101-250

Springboard offers users in-demand job skills that can support them in advancing their professional careers. Since these courses are available online, one can easily learn at any time. Springboard is offering courses on data science, design, analytics, marketing, and security. The motto of the company is A new approach to education.

According to the company, education is no longer a one-time investment, it’s a lifelong pursuit. And, the company aims to develop courses that can help its students thrive in their respective fields.

4. NutSpace

Source: NutSpace via Facebook

  • Industry: EdTech
  • Year founded: 2017
  • Funding: Non-equity Assistance
  • Location: Uttar Pradesh, India
  • Number of employees: 11-50

NutSpace aims to get children future-ready with 21st Century skills. It uses a Proprietary Inventive Thinking™ Methodology that teaches children “how to learn”. NutSpace also runs an in-classroom program that offers experiential learning to develop independent thinking skills among children.

The content helps children improve their imagination, listening, and language skills.

5. CoachHub

Source: CoachHub

  • Industry: Digital Coaching
  • Year founded: 2018
  • Funding: Series C
  • Location: Berlin, Germany
  • Number of employees: 251-500

CoachHub is a mobile coaching cloud platform that provides personalized coaching to employees at all career levels.

The platform has a pool of top certified coaches from across the world. You can also become a coach if you fulfill the requirements. It offers live coaching sessions through video conferencing with flexible learning hours for the employees.

The startup operates from Berlin. It has already become a hub for experienced business coaches, personnel development experts, serial entrepreneurs, and leading IT engineers.

6. Coded Minds

Source: Coded Minds

  • Industry: Edtech
  • Year founded: 2017
  • Funding: Series A
  • Location: Dubai, UAE
  • Number of employees: 51-100

Coded Minds is a technology-education startup that aims to revolutionize the paradigm of tech education. Coded Minds focuses on methods. It starts with the problem and inculcates a practical, hands-on project-based curriculum.

The startup aims to focus on real-world issues and fix them using technology and innovation. According to Pitchbook, their latest deal amount was $2.72 million.

It provides education to students of all ages in the Middle East, North Africa, Asia Pacific, South Asia, and the Americas. It believes that education is purpose-driven. That’s why it empowers children and adults to be creative, innovative, entrepreneurial, and disruptive.

FinTech Startups

1. Brex

Source: Brex

  • Industry: Fintech
  • Year founded: 2017
  • Funding: $1.2 billion
  • Location: California, USA
  • Number of employees: 1001-5000

Brex is a company that helps businesses manage their finances. You can use it to issue company cards, automate your payments, and get discounts on things you buy. It’s like having a personal finance assistant that works really fast and can be connected to a bunch of different software tools.

2. Securitize

Source: Securitize

  • Industry: Fintech
  • Year founded: 2017
  • Funding: $122 million
  • Location: California, USA
  • Number of employees: 101-250

Securitize is a blockchain-enabled company that facilitates capital markets by allowing traders to trade in private companies using trusted global solutions. The platform is secure and offers high-quality experience for investors.

It is integrated with multiple US-based marketplaces, so traders can trade without any fear of losing their earnings.

3. NuovoPay

Source: NuovoPay

  • Industry: Device Financing Risk Management
  • Year founded: 2017
  • Funding: Bootstrapped
  • Location: Pune, India
  • Number of employees: 11-50

NuovoPay is a startup that aims to safeguard device leasing and support Haas (hardware as a service). NuovoPay, with its proprietary device locking software, enables device leasing companies – financial institutions and carriers to protect their leased devices against nonpayment.

On the NuovoPay dashboard, the leasing companies can keep a record of their leased devices, automate payment reminders or schedule them, and block or unblock device access with a click.

4. Radpay

  • Industry: FinTech
  • Year founded: 2018
  • Funding: $1.2 million
  • Location: Phoenix, USA
  • Number of employees: 1-10

Radpay is an online payment solution that helps customers pay faster for their purchases, resulting in a reduced number of cart abandonments. It is one of the top blockchain startups that connects blockchain with PCI-compliant card payment and banking infrastructure.

It ensures secure transactions for merchants through a combination of mobile apps, browser plugin, application programming interfaces (APIs), pre-configured ecommerce cart plug-ins, and credit card terminal apps.

5. BUTTON Wallet

Source: Wallet Button

  • Industry: FinTech
  • Year founded: 2018
  • Funding: $470K
  • Location: California, USA
  • Number of employees: 1-10

With Button Wallet, you can buy, sell, and trade cryptocurrency with a telegram app. It is designed for people who trade cryptocurrency on the go. With the app, instead of using a third-party platform to trade currencies, users can do it with the Telegram communication app.

Button Wallet is also fast and secure. You can trade with your friends and even strangers using the same payment system without any hurdles.

6. Hastee

Source: Hastee

  • Industry: FinTech
  • Year founded: 2017
  • Funding: $272 million
  • Location: London, UK
  • Number of employees: 51-100

Hastee is an app that features employee benefits allowing employers to take a portion of their earned pay, on-demand. It promotes financial well-being and allows employees to have more liberty in using their salary as per their needs while earning investments on it.

7. CNote

Source: CNote

  • Industry: FinTech
  • Year founded: 2016
  • Funding: $27.2 million
  • Location: California, USA
  • Number of employees: 11-50

CNote rewards money savers with financial plans that help them earn passive income, thereby helping users make as much as 2.5% profit on their earnings annually.

CNote is certified by the US treasury and uses the U.S. Treasury certified financial institution called CDFI. The money savers can enjoy a low-risk, high-yield return through inclusive economic investments.

IoT Startups

1. Iomico

Source: Iomico

  • Industry: IoT development
  • Year founded: 2012
  • Funding: NA
  • Location: Warsaw, Poland
  • Number of employees: 11-50
  • Growth rate: 59%

Iomico is a tech company that creates custom IoT solutions. They can help you with everything from designing the hardware to building the software for your IoT devices.

They’re experts in using advanced technologies like computer vision and artificial intelligence to create innovative solutions. Iomico can help you develop your IoT product from start to finish, and they’ll customize their solutions to your specific needs.

2. xFarm

Source: xFarm

  • Industry: IoT
  • Year founded: 2017
  • Funding: $60.2 million
  • Location: Manno, Switzerland
  • Number of employees: 101-250

The agricultural business is becoming more complex due to legal requirements and product certifications. xFarm is a startup that aims to transform agricultural processes by leveraging digital technology. It provides innovative tools to support farmers and food supply chain, stakeholders.

The main focus of the organization revolves around convenience, intuitiveness, and adaptability for agricultural retailers. The digital ecosystem includes a free agricultural application, available on both mobile and desktop and integrated with advanced premium modules, an analytical dashboard dedicated to professionals and a line of IoT sensors selected, optimized and connected by xFarm.

3. Infraspeak

Source: Infraspeak

  • Industry: IoT
  • Year founded: 2015
  • Funding: $44.4 million
  • Location: Oporto, Portugal
  • Number of employees: 101-250

With Infraspeak, any user in an organization can report a technical failure directly to the relevant technicians in quick time. The tool identifies and notifies the failures in an electrical system with respect to type, location, equipment or priority. They can mark these failures ‘solved’, or otherwise assign them to the relevant person who is working at that location.

Infraspeak’s users include Primark and KFC.

4. Zypp

Source: Zypp

  • Industry: IoT
  • Year founded: 2017
  • Funding: $76.5 million
  • Location: Gurgaon, India
  • Number of employees: 201-500

Zypp is an electric scooter-sharing app that is helping many people across India. It has over hundreds of thousands of users in India alone and the number is going up fast. The interesting thing about Zypp is that most of its funding comes from Indian banks and VC firms.

Using Zypp is easy. Users need an app to unlock the vehicle, ride it, and once done, park it at a Mobycy parking zone. Investors who believed in them include Google and Shell.

5. Nodle.io

Source: Nodle.io

  • Industry: IoT
  • Year founded: 2017
  • Funding: $1.5 million
  • Location: California, USA
  • Number of employees: 11-50

With Nodle, you can now connect anything from home appliances, and smart watches, to air sensors, fitness trackers, etc.

Nodle is providing new opportunities for hardware manufacturers and decreasing barriers to entry for IoT solutions and hardware experts. It provides an alternative source of revenue for device makers, network operators, and app developers who want to make a mark in the IoT world.

6. Smarten Spaces

Source: Smarten Spaces

  • Industry: IoT
  • Year founded: 2017
  • Funding: $12 million
  • Location: Singapore
  • Number of employees: 51-100

Booking anything is now easier than ever. Whether you want to book an event, a co-working space, a tenant space, or anything else, the tech startup Smarten Spaces could be the solution for you.

The startup understands the vital role smart technologies play in routine activities. Walking to an event space, just to know about its price is a mess. That’s where Smarten Space is changing the landscape. It aims to transform places of work and leisure into state-of-the-art sustainable architectures.

7. Seekify

Source: Seekify

  • Industry: IoT
  • Year founded: 2019
  • Funding: $1.5M seed
  • Location: Singapore
  • Number of employees: 11-50

Seekify is a great platform to deliver a wow customer experience to your clients. It is said to be one of the best startups in the IoT industry.

Users can integrate Seekify with different business software and aggregate all data together on a single platform. With this software, companies can set clear goals, KPIs, and provide data-driven insights using AI and Machine Language to automate workflows.

Companies that want to focus on actionable insights to achieve goals can use Seekify’s Supernova data intelligence service.

Mobile App Startups

1. Droids on Roids

Source: Droids on Roids

  • Industry: Mobile app development
  • Year founded: 2011
  • Funding: NA
  • Location: Wroclaw, Poland
  • Number of employees: 51-100
  • Growth rate:  52.8%

Droids On Roids is cool as its name. It is a software company that can help you create apps for iPhone, Android, or even both using a technology called Flutter.

They also build websites. Droids On Roids has a team of experts who work together to build an app quickly and efficiently. They’ve worked with hundreds of companies around the world, and they’re committed to delivering high-quality results.

2. Flo Health

Source: Flo Health

  • Industry: FemTech
  • Year founded: 2015 
  • Funding: Series C
  • Location: London, UK
  • Number of employees: 251-500

Flo Health is a startup that helps women track their health and get personalized advice. They have millions of users and offer features like cycle tracking, health tips, and a community for women to connect.

Flo recently got a big investment of $200 million, which means they’re going to be able to grow even faster and offer even more features. They’re focused on helping women at every stage of their lives, from menstruation to menopause.

Ecommerce Startups

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1. Gumroad

Source: Gumroad

  • Industry: Digital distribution
  • Year founded: 2011
  • Funding: $16.2 million, Equity crowdfunding
  • Location: San Francisco, USA
  • Number of employees: 
  • 5-year search growth: 376%

Gumroad is a platform that helps people sell their digital products online. It’s like a store for digital goods, where you can sell things like ebooks, music, or software.

One of the cool things about Gumroad is that you can offer subscriptions, so people can pay a monthly fee to access your content. You can also set up pre-orders and use discount codes to run sales.

– Image shows Gumroad search trend.

Gumroad has a lot of features to help you track your sales and understand your customers. It also integrates with other tools you might use, like email marketing and analytics.

The startup has helped countless people make money selling their digital products. Some of their partners are Notion, Zapier, and Webflow.

2. Printify

Source: Printify

  • Industry: Print-on-demand
  • Year founded: 2015
  • Funding: $53.4 million
  • Location: Riga, Latvia
  • Number of employees: 200+

Who hasn’t heard of Printify? Printify is an ecommerce platform that lets you create and sell custom products like t-shirts and phone cases. You don’t have to keep any products in stock, because they’re printed and shipped only when you make a sale.

Printify works with a bunch of different print providers around the world, so you can sell your products to people anywhere. And it’s really easy to set up your online store using platforms like Shopify or Etsy.

– Printify search trends

It is a great choice for anyone who wants to start their own business selling custom products. It’s easy to use, scalable and has a lot of happy customers. They have partnered with many and have a waitlist. Some names are Textildruck, SPOKE, and DIMONA.

3. Olymon

Source: Olymon

  • Industry: Ecommerce automation
  • Year founded: 2021
  • Funding: Non-equity assistance
  • Location: Abu Dhabi, UAE
  • Number of employees: 1-10

Olymon is a company that helps online stores run more efficiently. They have software that can automatically update your inventory, track your orders, and manage your pricing and promotions.

The startup uses data to help users understand business better and make smarter decisions. They have partnered with names like deliveroo and Shopify.

4. Snackpass

Source: Snackpass.co

  • Industry: Ecommerce/FoodTech
  • Year founded: 2017
  • Funding: $95.1 million
  • Location: San Francisco, USA
  • Number of employees: 51-100

Snackpass is a startup that tried to fight the “drive-in and takeaway food” option. Previously, restaurant owners would be worried about the customers not collecting their orders.

The app deducts money from users (those who are ordering the food) wallets the moment they place an order for pickup.

Snackpass is now used in multiple universities across the US and is backed by some of the bigshots of the tech industry. It is trusted by names like Johnny Rockets and Joes’ Pizza.

5. Verishop

Source: Verishop

  • Industry: Fashion
  • Year founded: 2018
  • Funding: $30.4 million, Series B
  • Location: Santa Monica, USA
  • Number of employees: 51-100

Verishop is a lifestyle ecommerce store for fashion needs. It claims to offer great quality of products since the brand features only premium products from top brands.

Verishop aims to be a go-to lifestyle shopping destination for customers who are looking for high-quality products. The ecommerce store is operated from Santa Monica, California, and it has been quite successful in the last two years.

6. Eatigo

Source: Eatigo

  • Industry: Ecommerce
  • Year founded: 2013
  • Funding: $25 million
  • Location: Bangkok, Thailand
  • Number of employees: 101-250

Eatigo claims to be the number one restaurant reservation platform in Asia. It is backed by Trip Advisor and offers dining deals and restaurant reservations in Thailand, India, Hong Kong, Malaysia, the Philippines, and Singapore.

What makes it the next big thing in the food industry is the app’s user experience. Users can search for restaurants, reserve online, and enjoy deals with a special discount, within minutes.

Restaurant locations, pictures, reviews, and menus are also available on the platform for the users to see and decide in real-time, whether it is a good fit for them. Eatigo was founded in 2013 and is headquartered in Bangkok, Thailand.

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Healthcare Startups

1. MOD Mouth

Source: Mod Mouth

  • Industry: Dental health
  • Year founded: 2018
  • Funding: NA
  • Location: New York, USA
  • Number of employees: 11-50

MOD Mouth is a company that provides clear aligners for dentists. These aligners help people straighten their teeth without having to see an orthodontist.

These aligners are typically affordable and easy to use. They also offer a lot of support to dentists, helping them manage their cases and attract new patients.

2. NuvoAir

Source: NuvoAir

  • Industry: Health tracking
  • Year founded:
  • Funding: $28.1 million
  • Location: Boston, USA
  • Number of employees: 11-50

NuvoAir is a great platform for respiratory health tracking, improvement, and cure. This new startup offers devices to track and monitor the respiratory health of individuals – young and old alike.

This data is automatically transferred to the user’s mobile app allowing him/her and the doctor to take relevant decisions and provide medical care based on accurate data.

The platform is designed after extensive patient research and insights from leading pulmonologists and researchers. It aims to empower patients and caregivers around the world.

3. iRise

Source: iRise

  • Industry: Health Tech
  • Year founded: 2016
  • Funding: $35.8 million
  • Location: Sofia, Bulgaria
  • Number of employees: 11-50

iRise Mechanics is working on next-generation technologies including intelligent bots, AI systems for health safety and improvement. The company has developed robotic mobility devices to help people with limb disabilities. These robotic hands run through software and help their users manage daily tasks effortlessly.

The aim of iRise Mechanics is to make the quality of life of disabled people safe and healthy. Rise Mechanics is working on next-generation technologies including intelligent bots, AI systems for health safety and improvement.

The company has developed robotic mobility devices to help people with limb disabilities. These robotic hands run through software and help their users manage daily tasks effortlessly. The aim of Rise Mechanics is to make the quality of life of disabled people safe and healthy.

4. Kindbody

Source: Kindbody

  • Industry: Reproductive health
  • Year founded: 2018
  • Funding: $315 million
  • Location: New York, USA
  • Number of employees: 51-100

Kindbody is an end-to-end fertility care solution. It provides female care services from standard gynecological care to conception, nutrition and mental wellness and more. Kindbody has changed the field of medical science, helping users get expert treatment with complete ease.

It offers services like intrauterine insemination, donor support, and embryo freezing to improve the overall health and wellbeing of women.

5. NeuroFlow

Source: NeuroFlow

  • Industry: Mental health
  • Year founded: 2017
  • Funding: $52.5 million
  • Location: Philadelphia, USA
  • Number of employees: 101-250

The NeuroFlow digital health application tracks assess and manage users’ mental wellbeing through an easy tool. The NeuroFlow tool supports your journey for holistic wellbeing. However, not everyone can sign up for the NeuroFlow application.

Since it is a healthcare tool, you will need a doctor’s written note to get its subscription. The HIPAA-compliant platform tracks and engages patients through a suite of tools, remote monitoring, and behavioral health integration.

Blockchain Startups

1. Eligma

Source: Eligma

  • Industry: AI and blockchain tech
  • Year founded: 2017
  • Funding: $9.26M
  • Location: Slovenia
  • Number of employees: 11-50

Eligma is the new revolution in the blockchain and bitcoin sector. Have you ever thought about how you can use a cryptocurrency that isn’t driven by public demand? That’s where Eligma comes in. It is setting new standards for Bitcoin in particular and blockchain in general.

It is also the power behind Slovenia’s latest Bitcoin City project. The startup aims to use blockchain technology to establish communication standards for crypto payment networks.

2. Mythical Games

Source: Mythical Games

  • Industry: Blockchain/gaming
  • Year founded: 2018
  • Funding: $317 million, Series C
  • Location: California, USA
  • Number of employees: 251-500

The Mythical Games studio is setting new benchmarks for the gaming industry with its blockchain-based games. The company aims to bring game developers and content creators closer to the games they love.

With a team of veteran game and platform experts, it is developing world-class products that help consumers adopt for the distributed ledger technology through games.

3. Dapper Labs

Source: Dapper Labs

  • Industry: Blockchain, NFT
  • Year founded: 2018
  • Funding: $666 million
  • Location: Vancouver, Canada
  • Number of employees: 501-1000

Remember Cryptokitties? The game that was an instant hit on the internet? Well, that was from DapperLabs.  It is a gaming company that develops games powered by cryptocurrency and was named one of the most innovative companies in 2022.

Not only it is developing games, but it also playing a vital role to make blockchain a reality. Currently, only a few people – gamers, innovators, and early adopters – are tinkering with the blockchain. To make it successful, common people have to adopt this technology.

Transport and Travel Startups

1. Airalo

Source: Airalo

  • Industry: Travel
  • Year founded: 2019
  • Funding: $67.3 million, Series B
  • Location: Delaware, USA
  • Number of employees: 101-250

Airalo is an eSim that offers affordable solutions which makes travelling easier and takes away the need to get an actual local SIM. It covers over 100 destinations.

Airalo SIM cards are compatible with all smartphones, tablets and even some PCs. The advantage of Airalo is that where your regular SIM card doesn’t work, you can use Airalo to stay connected.

2. LuggageHero

Source: LuggageHero

  • Industry: Travel
  • Year founded: 2016
  • Funding: $2.66 million, Equity crowdfunding
  • Location: Copenhagen, Denmark
  • Number of employees: 11-50

LuggageHero makes it to the list of best startup companies because it offers a unique problem to a common problem. It lets you safely store your luggage at a storage point with a small charge.

This is specially designed for users who have chosen most activities that are on foot like taking a stroll around the city and going sightseeing. Its basically like a daycare center for your luggage.

3. Chipper Cash

Source: Chipper Cash

  • Industry: FinTech
  • Year founded: 2018
  • Funding: $305 million, Series C
  • Location: San Fransisco, USA
  • Number of employees: 251-500

Chipper Cash provides a solution to travellers who may run out of cash. It helps users make instant cross-border mobile money transfers as easy as sending a text message.

For now, the service is available only in Africa, but it is changing the financial landscape quite fast and the service may spread around the world soon enough.

UX/UI Design

1. Flying Bisons

Source: Flying Bisons

  • Industry: UI/UX design
  • Year founded: 2015
  • Funding: NA
  • Location: Warsaw, Poland
  • Number of employees: 11-50
  • Growth rate: 252.1%

Flying Bisons is a tech company that helps businesses go digital. They can help you redesign your website, build mobile apps, and even set up your online store.

There’s a reason they have a growth rate of 252.1%. Flying Bisons is expert in all kinds of technology and can create beautiful and user-friendly designs. They have worked with big names like KFC and IKEA, and they’re known for their innovative approach and high-quality work.

Cybersecurity

1. CovertSwarm

Source: CovertSwarm

  • Industry: Cybersecurity
  • Year founded: 2020
  • Funding: Venture
  • Location: London, UK
  • Number of employees: 11-50
  • Growth rate: 92.5%

CovertSwarm is a cybersecurity startup that takes a unique approach to protecting businesses. Instead of running tests occasionally, they constantly attack their clients’ systems to find weaknesses.

The agency has a team of skilled ethical hackers who simulate real-world attacks to test how strong a company’s defenses are. CovertSwarm uses a special platform to monitor their clients’ systems and identify vulnerabilities in real time.

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Video Production

1. Havas Digital Kyiv

Source: havasdgtl

  • Industry: Video production
  • Year founded: 2012
  • Funding: NA
  • Location: Kyiv, Ukraine
  • Number of employees: 10-49
  • Growth rate: 93.6%

Havas Digital helps businesses with their marketing and advertising. They offer to create a strategy for reaching your customers, manage social media, and even design immersive experiences.

With them, you can create videos for your business and for that, they can come up with ideas. The agency can also create animations and live stream events.

Once your video is ready, they’ll help you get it out there and reach your audience. Havas Digital has a lot of experience in video production and has worked on some really cool projects.

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Q. How to find hot startups?

  • Online Platforms: Explore startup directories like Crunchbase, AngelList, and TechCrunch.
  • Industry Events: Attend tech conferences, meetups, and hackathons.
  • News and Blogs: Follow tech news outlets and industry-specific blogs for emerging trends.
  • Social Media: Use platforms like LinkedIn and Twitter to connect with entrepreneurs and investors.

Q. What companies are growing in 2024?

A. While the specific companies experiencing rapid growth in 2024 may vary, areas with significant potential include:

  • Artificial Intelligence: AI-powered solutions in various industries.
  • Renewable Energy: Companies focused on clean energy and sustainability.
  • Healthcare Technology: Innovations in medical devices, telemedicine, and healthcare analytics.
  • E-commerce: Online retailers and platforms offering unique products or services.
  • Cybersecurity: Companies providing security solutions for businesses and individuals.
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Arsalan Sajid

Arsalan, a Digital Marketer by profession, works as a Startups and Digital Agencies Community Manager at Cloudways. He loves all things entrepreneurial and wakes up every day with the desire to enable the dreams of aspiring entrepreneurs through his work!

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