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Top 10 Promising Technological Startups

By Sushmita Ganguly

Top 10 Promising Technological Startups

This is the age of startups. There are more startups mushrooming all around the world each offering unique and economic solutions to real world problems than ever before. Startups are really good for consumers as well because they by creating more competition they lead to better deals and services to the customer and also sometimes these startups show the world a more effective way to deliver their services. Considering how all the major corporations at some point were just promising startups here we look at Top 10 Promising Technological Startups of today’s world.

Top 10 Promising Technological Startups
Top 10 Promising Technological Startups

Top 10 Promising Technological Startups

10. Shyp

At number 10 in Top 10 Promising Technological Startups is Shyp. Its really hard for a startup to get going if there are already big players in its particular market. But that is not the case with Shyp, an on-demand shipping app that lets people hire couriers who carry any item to its warehouses from where they are professionally shipped to their destinations. Considering that it’s up against the big boys like FedEx, it is still going great and has even got $50 million fresh investments in venture capital. It started small with only San Francisco and New York City but now it has also expanded its package pickup till Los Angeles and Chicago. Looking at how things are going, it sure is giving a tough fight to the big boys of the business.

9. Beepi

At number 9 is Beepi. Beepi is an all in one app that lets you sell, buy and lease a car with just an app. This innovative service has really found a lot of takers considering the fact that it has been only 2 years since launch and it is already garnered quite a fan base and has also shown consistent growth of 20% annually. The Co-founder and CEO of Beepi is Alejandro Resnik, an MIT Grad who claims Beepi is the first company to sell cars 100 percent online. With more than $150 million in investments, it’s looking to rapidly expand.

8. ClassPass

At number 8 in Top 10 Promising Technological Startups is ClassPass. ClassPass story to success is really inspirational and shows that how correct marketing can revive a dead startup. ClassPass was all but done for in its first year as Classivity. Barely anyone used this app which lets you book gym membership but in a last ditch effort they offered 1 month pass to take 10 classes from 10 different studios and that was a masterstroke. Now it has 300 employees, with customers doing classes in 3000 plus gyms in 30 cities.

7. Medium

At number 7 in Top 10 Promising Technological Startups is Medium. When it first came into notice, it seemed like an invite only blogging platform but when it opened up for everyone it spread like wildfire. It soon became the place to be if you want yourself to be heard and it had people like marketers, politicians, journalists, etc. Some even called it “The Mecca of Social Publishing”. It raised $82 million in venture capital and is co-founded by billionaire Evan Williams, ex CEO of Twitter. That itself gives this startup a lot of credibility in the market.

6. Slack

At number 6 in Top 10 Promising Technological Startups is Slack. The whole concept of Slack in layman terms is chat rooms for the corporate world. It allows real time messaging, archiving and searching. This one has private groups, direct messaging and chat rooms by topics. It is also open for third party services integration and also supports community built integrations which is really cool. No wonder it got more than US $200 million in its latest financing round and an evaluation of $ 3.8 billion.

5. Magic Leap

At number 5 in Top 10 Promising Technological Startups is Magic Leap. Everything about this one is under the wraps but what we do know is that it’s about proprietary wearable tech that blends virtual reality and augmented reality that enables people to interact with devices in a cinematic way (sounds totally out of a sci-fi movie). If that was hard to believe then the fact that it has got a US $4.5 billion evaluation will surely make this believable. The fact that even Chinese Giant Alibaba has invested more than $700 million in it, shows the promise that it holds and gives us a hop that maybe the future is closer than ever.

4. Luxe Valet

At number 4 is Luxe Valet. Anyone who owns a car in city will agree to the fact that the biggest headache that comes with owning a car isn’t the maintenance bills but the frustration to find a place to park your car. Considering the big menace that is parking, it’s no wonder that this app which lets you park your car for a fee in the company’s lot has already earned US $25 million in venture capital. The app is only available in San Francisco at the moment but they can be expected to expand soon. Apart from parking, for some extra money they will even wash the car, put gas in it and change oil. They will even charge your car if it’s electric powered.

3. Boxed

At number 3 in Top 10 Promising Technological Startups is Boxed. Cutting your way around expenses is really important as the smallest savings could amount to something significant at the end and nothing saves money like buying in bulk at wholesale retail shops. The only problem with this is carrying all those things all the way to your home especially if you live very far. This problem is solved by this innovative startup called Boxed Wholesale, an ecommerce startup that lets you buy in bulk and have the goods delivered to your doorsteps. Considering how effective this is, it’s no wonder that it has already raked in US $132 million in investments.

2. DoorDash

At number 2 in Top 10 Promising Technological Startups is DoorDash. We all hate waiting for deliveries from our favorite restaurants so a startup that promises to make the restaurants deliver food efficiently is sure to attract attention. Welcome DoorDash that employs drivers like Uber called “Dashers” who deliver on-demand food deliveries in more than 250 cities in USA and Canada. The startup has come a long way from a Stanford dorm to making deals with brands like KFC, 7-Eleven and Dunkin’ Donuts, coughing up investments of more than US $60 million in a very short time.

1.Product Hunt

At number 1 in Top 10 Promising Technological Startups is Product Hunt. There are thousands of products releasing everyday which push the boundary of technology but among the millions of sites on the internet, it’s really hard to find those products. One day Ryan Hoover also faced the same problem and thus he made the website ProductHunt which shows the new emerging cool stuff that tech enthusiasts can buy. Initially it was just an email list but now has evolved into an online hub that showcases latest gadgets, games, podcasts and books. With millions of visitor everyday it has attracted a lot of investors and has said to have raised US $7.1 million in venture capital.

These are the Top 10 Promising Technological Startups that are setting the world on fire.

Top 10 Promising Technological Startups

10. Shyp

9. Beepi

8. ClassPass

7. Medium

6. Slack

5. Magic Leap

4. Luxe Valet

3. Boxed

2. DoorDash

1. Product Hunt

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Filed Under: Tech Shout Sushmita Ganguly

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