Boston startups are not something very many give consideration to. When it comes to tech startups, many people think of San Francisco or New York, but Boston rarely makes the list.
However, that’s a mistake. There are many startups in Boston that you should be paying attention to. A number of Boston startups have done so well that they have been acquired by some major tech companies.
Dropbox acquired Sold last year. Twitter bought Crashlytics and Bluefin Labs, which are located in the same building in Boston, as well as a third notable startup in the area a few months after.
Tech companies in Boston really began to bloom last year. Startups in nearly every industry from cybersecurity to robotics were launched in the city. Venture capital rims have started to really pour money into the local legacy industries as well, including health tech, edtech, and fintech.
Boston is full of fresh funding, top tech talent, and innovative technology. The city is often overlooked, but it is a great place to work and live with an immense history and a lot of things to do and see. Let’s take a quick overview of the top startup companies in Boston.
HomeTap
HomeTap makes investments in residential properties giving homeowners a simple, new and debt-free way to use the equity in their homes.
Circulation
The goal of Circulation is to ensure patients never miss another doctor’s appointment. The startup, which has pioneered an on-demand, non-emergency health care transportation platform, aims to be more than just a ride to appointments.
Veo Robotics
This Boston startup was founded in 2016 by veterans of iRobot and Rethink Robotics, two of Massachusetts top robotics companies. The company wants to give robots “brains and eyes” so that they can work with real people safely.
Industrial robots currently have to work inside massive cages to keep factory workers safe. Veo Robotics wants to use 3D sensors and software for these industrial robots so that they can categorize the people and objects around them.
They recently received some serious backing from Google, which gave them $12 million in October of 2017.
PlacePass
This tech company is all about helping people find amazing travel experiences. It offers more than 100,000 awesome tours around the world.
It has raised more than $14 million since it was launched in 2015. The platform offers metasearch service for experiences that range from hiking excursions to cooking classes.
PathAI
PathAI helps pathologists offer faster and more accurate diagnoses with the use of the AI-powered software. The company raised $11 million in a Series A round led by General Catalyst Partners.
They plan to use this money to expand their team from its current number of 15 and grow their technology. The PathAI tech is not yet being used in the field, it has a lot of possibilities and can revolutionize pathology, a field that still currently relies on microscopes and glass slides.
Kensho Technologies
Kensho has secured more than $67 in funding. They are creating a whole new class of analytics tools for an investment professional. The company was founded in 2013 by graduates of Harvard and MIT.
Kensho makes use of natural language search, graphical user interfaces, and secure cloud computing in order to help financial institutions answer complicated questions quickly and simply.
Optimus Ride
This MIT spin-off company is making sled-driving car tech. The team’s backgrounds range from urban planning to robotics.
The team started testing their autonomous vehicles in the summer of 2017 on roads throughout Massachusetts. They secured $18 million in funding the following November, led by Greycroft Partners and have begun growing both their vehicle fleet and their team.
NewStore
NewStore has big plans: competing with the e-commerce giant Amazon. NewStore was founded in 2015. They want to help smaller brands compete using mobile tools and strategies that consumers usually expect from larger and more established companies.
The start up’s platform allows for the offering of clothing for in-store pickup and authorizes push-button notifications when the pickup is ready/ the company raised more than $50 million Series B in 2017, then used these funds to reach out to more retailers and brands, expand its team, and improve the software on its platform.
Elsen
Elsen was founded by three graduates from Northeastern University. It offers a large data platform that financial institutions can use to test and discover new investment strategies.
It offers them an easy method to extract and cleans up data from proprietary and third-party sources. Elsen recently received about $2.4 million in a seed round led by Boston venture capital firm Hyperlane.
Jack Klinck, who previously worked as an executive at State Street, joined the company’s board. The company is going to be powering Thomson Reuters’ new investment modeling software tool.
Forge.AI
This artificial intelligence Boston startup was founded the former Skyhook wireless CEO Jim Crowley, Adelphic co-founder Jennifer Lum, and former MITRE senior principal AI engineer Jack Crowley.
They look to make a system that can turn unstructured data into usable information for AI.
Kuebix
This company provides freight intelligence software. It has made some very major leadership hires over the past year.
Some of these hires include CEO David Lemont, who previously led Currensee, AppIQ and Revit Technology, the latter of which was acquired by Autodesk; CFO Rich Forcier, who was previously at DataXu; and Vice President of Business Development John tiles that group emails by sender in addition to the traditional column of incoming mailMcCammond, who was previously at Fleetmatics.
Circle
This company is seeking to bring bitcoin into the mainstream.
They are building products that make it easier for consumers and merchants to accept the current without having to figure out the ins and outs of cryptocurrency. It’s still in its early days, but it has raised $9 million in funding already.
Runkeeper
Runkeeper makes and runs a fitness app that allows users to track their runs, bike rides, and more. It was launched in 2009 and has almost 30 million users. The app has received a lot of praise, even from the Facebook founder and CEO Mark Zuckerberg.
6 River Systems
The mission of 6RS is to redefine fulfillment automation for e-commerce and retail operations. 6RS was founded in 2015 by former Kiva Systems and Mimio executives and is based in Boston. The company is currently working with select customers on pilots.
Buoy Health
Buoy is an online symptom and cure checker that uses an intelligent algorithm backed by medical data to diagnose patients.
Brizi
Brizi is a sports media technology that enables new sponsorship revenue streams via digital fan engagement in-stadium. Their augmented reality stadium cameras can overlay brand content as fans interact with it, making sponsorship smart, social, & fan-centric.
Cake
Cake is the easiest way to discover, share, and store your end-of-life preferences online.
Clara Health
Clara empowers patients to find the right clinical trial for them.
ClimaCell
ClimaCell is a weather tech company, with a vision of being the best weather forecaster in the world by creating new, proprietary sensing methods. They are proud to be improving the lives of billions of people who are underserved by public data sources.
CloudZero
CloudZero is the first Site Reliability Management platform that allows businesses to predict failure in their cloud systems before it happens. Unlike existing solutions that inform you after a failure has occurred, CloudZero’s platform enables you to discover and address weaknesses before they become incidents.
CollegeAI
CollegeAI is an intelligent college discovery platform. A student fills out a simple survey which is entered into their machine learning algorithm. It predicts where the student will go to college and provides reasons for attending each recommended school. their goal is to make the college discovery process as easy and painless as possible.
connectRN
connectRN builds technologies that revolutionize the way hospitals and healthcare facilities manage their workforce. Their platform is the world’s first streamlined mobile staffing solution that allows healthcare facilities to post per-diem shifts directly to a network of available, credentialed nurses.
CozyKin
When you join a CozyKin nanny share, you get more than incredible nannies supported by leading baby Montessori experts. Your child experiences the joy of growing up with another child – their new best friend.
Cybric
Cybric provides a continuous security delivery fabric for today’s modern enterprise. Organizations rely on Cybric’s security virtualization to dramatically reduce vulnerability identification and remediation time from months to minutes, whether on-premises or in the cloud.
Data Plus Math
Data Plus Math’s mission is to use data and science to link advertising exposure to real world customers and results, providing new measures, unique insights and actionable intelligence.
Edgewise Networks
Edgewise Networks offers a new perspective on network security: we’re making it simple to secure complex networks. No hardware. No network changes. No hassle.
Evisort
Evisort helps companies organize, understand, and extract data from their contracts.
Humatics
Humatics’ breakthrough microlocation system and analytics software comprise a Spatial Intelligence Platform™ that will revolutionize how people and machines locate, navigate and collaborate. A single Humatics system, using simple, inexpensive radio-frequency technology, can pinpoint multiple, moving targets with millimeter-scale precision.
Keel
Keel offers an investor-sharing platform for those looking to expand their portfolio.
Logz.io
Logz.io offers the world’s most popular open-source log analysis platform as an enterprise-grade service in the cloud, with availability, security and scalability assured.
Namogoo
Namogoo is pioneering the market of Customer Hijacking Prevention. Namogoo’s disruptive technology identifies and blocks unauthorized ads injected into consumer web sessions that disrupt the customer experience and divert visitors to competitor offerings, hurting conversions and damaging brand equity.
OM1
OM1 has built the intelligent data cloud for healthcare. Using AI and big data, we’re focused on the measurement, comparison, and prediction of treatment outcomes and enabling more precise information and better decision making for life sciences companies, payers, and other healthcare stakeholders.
Owl Labs
Polis
Polis is a company that combines targeted data, analytics IQ and smart tracking technology to help businesses elevate their door-to-door outreach and increase sales success.
Skillist
Skillist is a job application platform that makes it easier for employers and jobseekers to connect by putting skills at the center of the process.
Smartvid.io
Using machine learning, Smartvid.io’s platform analyzes videos and photos of industrial sites to help companies make their processes safer and more efficient.
Ending thoughts on these Boston startups
There are many Boston startups to look at. The city is likely to develop an even more thriving startup scene as funding increases!
If you enjoyed reading this article about Boston startups, you should read these as well:
- Amazing Australian startups that you can apply for a job at
- A list of cool startups in Seattle and their awesome websites
- New York startups and their great looking websites
- Startups in Amsterdam that you should keep an eye on (and their cool websites)
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