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Top 10 Technology Startups

We take a look at 10 of the most innovative technology startups, ordered by total funds raised.

 

10 | Drift

Drift

Drift calls itself a ‘conversational marketing platform’ for demand generation. The company’s chatbots can be constructed without the use of code, and collect relevant sales information before being put through to a human contact. Customers include the likes of GitHub, Grubhub, Symantec and Snowflake. Over 3 funding rounds, it has raised over $100mn.

 

Based in: Boston, Massachusetts

Funds raised: $107mn

Website: Drift

9 | Confluent

Confluent

Confluent turns data into real-time streams, thanks to its use of Apache Kafka, an open source streaming technology created by the founders. To date, the company has raised over $200mn from investors such as Sequoia Capital and Index Ventures. Use cases include collecting user activity and application metrics, with the technology turning high volumes of data into more digestible streams useful in industries ranging from retail to logistics to media.

 

Based in: Mountain View, California

Funds raised: $205.9mn

Website: Confluent

8 | C3.ai

C3.ai

Enterprise AI software provider C3.ai is a specialist in assisting companies with digital transformation. Its C3 AI Suite allows for the construction of AI applications specifically built for enterprise. In-built AI applications include the likes of predictive maintenance, fraud detection, sensor network health, supply network optimisation, energy management, anti-money laundering and customer engagement, all of which are applicable across multiple industries. The company has raised almost $230mn across six funding rounds.

 

Based in: Redwood City, California

Funds raised: $228.5mn

Website: C3.ai

7 | Ripple

Ripple

Blockchain company Ripple provides a payment protocol supporting fiat currency, cryptocurrency, commodities and other units of value. The organisation enables global, secure, quick and cheap transactions of any size. Over 300 financial institutions use the platform, including Santander, Standard Chartered and American Express. Founded in San Francisco in 2012, the company has raised $293.8mn over 13 funding rounds.

 

Based in: San Francisco, California

Funds raised: $293.8mn

Website: Ripple

6 | Plaid

Plaid

San Francisco-based financial services startup, Plaid, operates a technology platform that allows users to connect their bank accounts to apps. Although having only raised the relatively small sum of $309mn from investors such as Goldman Sachs and Index Ventures, at the start of the year, the company was acquired by financial services giant Visa for a princely sum of $5.3bn.

 

Based in: San Francisco, California

Funds raised: $309mn

Website: Plaid

5 | Coinbase

Coinbase

Coinbase operates a cryptocurrency exchange for the buying, selling and storage of cryptocurrencies. It caters for a large variety of currencies such as Ethereum and Litecoin, with Bitcoin being the most popular owing to its dominance. With over 30 million users to date, the company has facilitated trades of over $150bn. Since its founding in 2012, the company has raised almost $550mn.

 

Based in: San Francisco, California

Funds raised: $547.3mn

Website: Coinbase

4 | Bird

Bird

Bird is a micromobility technology unicorn that provides electric scooters and bicycles to over 100 cities worldwide. The company recently announced it was diversifying into payments, repurposing its app, which is used to unlock scooters, to also act as a payment option at select local businesses in Los Angeles. In 2018, the company was deemed the fastest startup to ever be valued at $1bn, having only been founded the year before. To date, it has raised $623mn.

 

Based in: Santa Monica, California

Funds raised: $623mn

Website: Bird

3 | Databricks

Databricks

Databricks is a data analytics cloud platform allowing for both data engineering and data science. Customers include the likes of HP, Shell and Cisco. The company was founded in 2013 by the creators of Apache Spark, a well known unified data engine now run by an open source foundation. To date, the company has raised some $897mn from six funding rounds, with Silicon Valley venture capitalists Andreessen Horowitz repeat investors. 

 

Based in: San Francisco, California

Funds raised: $897mn

Website: Databricks

 

2 | Nuro

Nuro

Autonomous delivery robotics firm, Nuro, derived almost all of its $1bn in total funds raised from the SoftBank Vision Fund, the Japanese conglomerate’s famous technology investing vehicle which has otherwise invested in the likes of Uber and WeWork. Founded in 2016 by two alumni of Google’s self-driving vehicle team, the Silicon Valley-based firm develops driverless vans that both pick up and drop off groceries.

 

Based in: Mountain View, California

Funds raised: $1bn

Website: Nuro

1 | Snowflake

Snowflake

Data warehousing firm Snowflake recently topped LinkedIn’s annual list of top US startups. Founded be French ex-Oracle employees Benoit Dageville and Thierry Cruanes in 2012, the company offers data warehousing and analytics. Operating on a data-as-a-service model, the service competes with giants such as Microsoft and Amazon. That hasn’t put off investors, with a total $1.4bn of funding raised so far.

 

Based in: San Mateo, California,

Funds raised: $1.4bn

Website: Snowflake

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10 | Drift

Drift

Drift calls itself a ‘conversational marketing platform’ for demand generation. The company’s chatbots can be constructed without the use of code, and collect relevant sales information before being put through to a human contact. Customers include the likes of GitHub, Grubhub, Symantec and Snowflake. Over 3 funding rounds, it has raised over $100mn.

 

Based in: Boston, Massachusetts

Funds raised: $107mn

Website: Drift

9 | Confluent

Confluent

Confluent turns data into real-time streams, thanks to its use of Apache Kafka, an open source streaming technology created by the founders. To date, the company has raised over $200mn from investors such as Sequoia Capital and Index Ventures. Use cases include collecting user activity and application metrics, with the technology turning high volumes of data into more digestible streams useful in industries ranging from retail to logistics to media.

 

Based in: Mountain View, California

Funds raised: $205.9mn

Website: Confluent

8 | C3.ai

C3.ai

Enterprise AI software provider C3.ai is a specialist in assisting companies with digital transformation. Its C3 AI Suite allows for the construction of AI applications specifically built for enterprise. In-built AI applications include the likes of predictive maintenance, fraud detection, sensor network health, supply network optimisation, energy management, anti-money laundering and customer engagement, all of which are applicable across multiple industries. The company has raised almost $230mn across six funding rounds.

 

Based in: Redwood City, California

Funds raised: $228.5mn

Website: C3.ai

7 | Ripple

Ripple

Blockchain company Ripple provides a payment protocol supporting fiat currency, cryptocurrency, commodities and other units of value. The organisation enables global, secure, quick and cheap transactions of any size. Over 300 financial institutions use the platform, including Santander, Standard Chartered and American Express. Founded in San Francisco in 2012, the company has raised $293.8mn over 13 funding rounds.

 

Based in: San Francisco, California

Funds raised: $293.8mn

Website: Ripple

6 | Plaid

Plaid

San Francisco-based financial services startup, Plaid, operates a technology platform that allows users to connect their bank accounts to apps. Although having only raised the relatively small sum of $309mn from investors such as Goldman Sachs and Index Ventures, at the start of the year, the company was acquired by financial services giant Visa for a princely sum of $5.3bn.

 

Based in: San Francisco, California

Funds raised: $309mn

Website: Plaid

5 | Coinbase

Coinbase

Coinbase operates a cryptocurrency exchange for the buying, selling and storage of cryptocurrencies. It caters for a large variety of currencies such as Ethereum and Litecoin, with Bitcoin being the most popular owing to its dominance. With over 30 million users to date, the company has facilitated trades of over $150bn. Since its founding in 2012, the company has raised almost $550mn.

 

Based in: San Francisco, California

Funds raised: $547.3mn

Website: Coinbase

4 | Bird

Bird

Bird is a micromobility technology unicorn that provides electric scooters and bicycles to over 100 cities worldwide. The company recently announced it was diversifying into payments, repurposing its app, which is used to unlock scooters, to also act as a payment option at select local businesses in Los Angeles. In 2018, the company was deemed the fastest startup to ever be valued at $1bn, having only been founded the year before. To date, it has raised $623mn.

 

Based in: Santa Monica, California

Funds raised: $623mn

Website: Bird

3 | Databricks

Databricks

Databricks is a data analytics cloud platform allowing for both data engineering and data science. Customers include the likes of HP, Shell and Cisco. The company was founded in 2013 by the creators of Apache Spark, a well known unified data engine now run by an open source foundation. To date, the company has raised some $897mn from six funding rounds, with Silicon Valley venture capitalists Andreessen Horowitz repeat investors. 

 

Based in: San Francisco, California

Funds raised: $897mn

Website: Databricks

 

2 | Nuro

Nuro

Autonomous delivery robotics firm, Nuro, derived almost all of its $1bn in total funds raised from the SoftBank Vision Fund, the Japanese conglomerate’s famous technology investing vehicle which has otherwise invested in the likes of Uber and WeWork. Founded in 2016 by two alumni of Google’s self-driving vehicle team, the Silicon Valley-based firm develops driverless vans that both pick up and drop off groceries.

 

Based in: Mountain View, California

Funds raised: $1bn

Website: Nuro

1 | Snowflake

Snowflake

Data warehousing firm Snowflake recently topped LinkedIn’s annual list of top US startups. Founded be French ex-Oracle employees Benoit Dageville and Thierry Cruanes in 2012, the company offers data warehousing and analytics. Operating on a data-as-a-service model, the service competes with giants such as Microsoft and Amazon. That hasn’t put off investors, with a total $1.4bn of funding raised so far.

 

Based in: San Mateo, California,

Funds raised: $1.4bn

Website: Snowflake

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