In 2024, the startup landscape in the United States continues to flourish with innovative companies making waves across various industries. From technology to security to medicine, these startups are redefining the way we live, work, and interact. In this article, we'll explore the top startups to watch in the US for 2024, highlighting their unique contributions, innovative approaches, and potential for growth.
Whether you're an investor seeking promising opportunities or an enthusiast curious about the latest entrepreneurial ventures, this list offers insight into the dynamic world of startups shaping the future. So let's dive right into it.
Adept
Adept is pioneering a digital assistant designed to handle all tasks involving clicking, searching, typing, and scrolling on behalf of users. Utilizing advanced AI technology, Adept's model is engineered to interpret basic text commands, such as "locate a home within my budget" or "generate a profit and loss statement," and execute them seamlessly on your computer without any manual intervention.
With total funding of $415 million, Adept has garnered significant support from influential backers, including Microsoft and Nvidia.
- Headquarters: Boston, Massachusetts
- Founding Date: 2022
- Funding Raised: $415M
- Valuation: $1B
Perplexity AI
Perplexity AI, founded by Aravind Srinivas, serves as an AI-powered search engine, assisting users in retrieving accurate and up-to-date information from the web. It is an advanced platform that leverages artificial intelligence to facilitate knowledge discovery and sharing. It operates as a chatbot-style interface, employing natural language processing (NLP) and other sophisticated technologies to understand user queries and provide relevant responses.
- Headquarters: San Francisco, California
- Founding Date: 2022
- Funding Raised: $100M
- Valuation: $520M
Bobbie
Bobbie is an American infant formula startup based in San Francisco, California. Founded by Laura Modi and Sarah Hardy, Bobbie offers a European-style organic baby formula that meets the nutritional requirements set by the U.S. FDA.
The company distinguishes itself as the only female-founded and mom-led baby formula company, catering to parents across the United States with its direct-to-consumer model and subscription service.
- Headquarters: San Francisco, California
- Founding Date: 2018
- Funding Raised: $142M
- Valuation: $400M
Stripe
Stripe provides payment processing tools and resources specifically designed for startups to help them launch quickly, scale further, and discover new revenue streams. Additionally, Stripe offers a range of resources to assist startups in pitching their ideas, launching their businesses, and running them successfully.
- Headquarters: San Francisco, California
- Founding Date: 2010
- Funding Raised: $8.7B
- Valuation: $50B
RunwayML
RunwayML is an applied artificial intelligence (AI) research company focused on advancing creativity in various domains such as art, entertainment, and human creativity.
They offer tools and resources that leverage AI to empower creators and artists in generating innovative content. RunwayML's platform enables users to explore the capabilities of AI models for various creative purposes, such as generating videos, images, music, and more.
- Headquarters: New York
- Founding Date: 2018
- Funding Raised: $1.5B
- Valuation: $527M
Pogo
Pogo helps its users earn and save money by leveraging their data. The company offers an app where users can unlock the potential of their data to earn rewards and save money on various activities such as shopping and managing finances.
- Headquarters: New York
- Founding Date: 2020
- Funding Raised: $15M
- Valuation: $70M
SoundHound
SoundHound provides technology for a voice-enabled world, offering an independent voice AI platform designed for natural conversation. It also offers a popular music discovery, identification, and voice-controlled player app with over 300 million downloads.
Recently, SoundHound AI's shares surged after chip giant Nvidia disclosed a stake in the company
- Headquarters: Santa Clara, California
- Founding Date: 2005
- Funding Raised: $326M
- Valuation: $609M
Brii Biosciences
Brii Biosciences is a biotechnology company dedicated to innovating and advancing novel therapies to address significant public health challenges and provide greater treatment options for a wide range of patient populations.
It operates as a commercial-stage biotech firm, focusing on developing therapies to tackle major public health issues.
- Headquarters: Durham, North Carolina
- Founding Date: 2018
- Funding Raised: $609M
- Valuation: $1.3B
Tome
Tome is an AI-powered storytelling productivity tool designed to help users transform ideas into visually appealing narratives. It enables users to create polished and professional presentations, microsites, and various other visual content with ease.
Founded in 2020 by Keith Peiris and Henri Liriani, former managers at Meta Platforms, Tome utilizes AI to design presentations and other content using simple text inputs.
- Headquarters: San Francisco, California
- Founding Date: 2020
- Funding Raised: $75M
- Valuation: $250M
OpenAI
OpenAI is a prominent artificial intelligence research organization founded in December 2015. Based in the United States, it focuses on advancing AI technologies with the aim of ensuring they are safe and beneficial for humanity.
The company conducts cutting-edge research in various AI domains, including natural language processing, computer vision, and reinforcement learning. It has developed several groundbreaking AI models, such as GPT (Generative Pre-trained Transformer), DALL-E, and now their latest invention, Sora.
- Headquarters: San Francisco, California
- Founding Date: 2015
- Funding Raised: $12B
- Valuation: $90B
Databricks
Databricks is a company that develops a web-based platform for working with Apache Spark, a distributed computing system. Their platform provides automated cluster management and features interactive notebooks like IPython notebooks. Databricks enable organizations to manage big data and efficiently perform data engineering, data science, and analytics tasks.
- Headquarters: San Francisco, California
- Founding Date: 2013
- Funding Raised: $4B
- Valuation: $43B
ICON
In 2017, Jason Ballard, Alex Le Roux, and Evan Loomis established ICON. This forward-thinking firm is at the forefront of 3D printing in construction, utilizing advanced technology to construct environmentally friendly, economical, and safer homes and structures.
- Headquarters: Austin, Texas
- Founding Date: 2017
- Funding Raised: $508M
- Valuation: $1.8B
Calendly
Calendly, founded in Atlanta by Tope Awotona, is a modern scheduling platform designed to simplify the process of coordinating meetings and appointments. It streamlines scheduling by eliminating the need for back-and-forth emails, allowing users to easily find mutually convenient meeting times.
With Calendly, teams can enhance productivity by seamlessly connecting and scheduling meetings without the hassle of manual coordination
- Headquarters: Atlanta, Georgia
- Founding Date: 2013
- Funding Raised: $351M
- Valuation: $3B
Shield AI
Shield AI is a defense technology company founded in 2015. The company's mission is to protect both service members and civilians through the development of innovative solutions.
One of its key projects is Hivemind, an AI pilot designed to enable swarms of drones and aircraft to operate autonomously even in challenging environments where GPS, communications, or a human pilot may not be available.
Shield AI focuses on creating technologies that enhance situational awareness, provide valuable intelligence, and improve operational capabilities in defense and security scenarios.
- Headquarters: San Diego, California
- Founding Date: 2015
- Funding Raised: $778M
- Valuation: $2.7B
Figure
Figure AI is an innovative AI robotics company focused on developing a general-purpose humanoid robot, marking a significant advancement in the field of robotics. The company is known for its pioneering efforts in bringing autonomous humanoid robots to life, aiming to create commercially viable robots that can perform various tasks autonomously.
Their humanoid robot, Figure 01, has showcased impressive capabilities such as walking, reflecting the company's commitment to pushing the boundaries of robotics.
- Headquarters: Sunnyvale, California
- Founding Date: 2022
- Funding Raised: $80M
- Valuation: $350M
Abnormal Security
Abnormal Security is a company specializing in cloud email security, offering solutions to block malicious email attacks. Their services include an Abnormal Behavioral AI Engine, inbound email security, email account takeover protection, email security posture management, and email security operations
- Headquarters: San Francisco, California
- Founding Date: 2018
- Funding Raised: $284M
- Valuation: $4B
Anthropic
Anthropic is an AI safety and research company aiming to develop reliable, interpretable, and controllable AI systems. Founded by former members of OpenAI, Anthropic focuses on building general AI systems while prioritizing safety and ethical considerations
- Headquarters: San Francisco, California
- Founding Date: 2021
- Funding Raised: $15B
- Valuation: $5B
Gumroad
Gumroad is an e-commerce platform founded by Sahil Lavingia in 2011. It enables creators to easily sell digital products, memberships, and more directly to their audience.
With Gumroad, creators can monetize their content by offering a variety of digital goods, including ebooks, courses, music, and artwork. The platform provides a simple and user-friendly interface, making it accessible for creators of all levels to start selling online.
- Headquarters: San Francisco, California
- Founding Date: 2011
- Funding Raised: $14M
- Valuation: $5M
PathAI
PathAI is dedicated to leveraging artificial intelligence (AI) to transform pathology and improve patient outcomes through collaboration with biopharma, laboratories, and clinicians.
Founded by Andrew Beck, PathAI's CEO, the company aims to bring AI technology to pathology, enhancing diagnostic accuracy and efficiency.
- Headquarters: Boston, Massachusetts
- Founding Date: 2016
- Funding Raised: $255M
- Valuation: $660—990M
Figma
Figma is a collaborative design tool that enables users to create, prototype, and collaborate on digital designs in real time. It allows seamless collaboration among designers and teams, offering features for designing interfaces, prototyping interactions, and sharing feedback.
Figma is popular for its cloud-based approach, which allows multiple users to work on the same design simultaneously, making it an ideal choice for remote teams or those requiring real-time collaboration.
- Headquarters: San Francisco, California
- Founding Date: 2012
- Funding Raised: $333M
- Valuation: $10B
Harvey
In 2022, Winston Weinberg, a former lawyer and AI researcher Gabriel Pereyra joined forces to establish Harvey. Their venture focuses on developing a unique "copilot" tool tailored specifically for legal practitioners.
This tool allows lawyers to input prompts into a chatbot interface, requesting the AI to rewrite clauses in legal documents, such as lease contracts, that may infringe upon legal regulations.
Notably, Harvey has secured backing from prominent early investors, including OpenAI's startup fund and Google AI chief Jeff Dean, who have collectively invested $5M into the initiative.
- Headquarters: San Francisco, California
- Founding Date: 2022
- Funding Raised: $100M
- Valuation: $400M