Today’s article on Boston startups is dedicated to anyone close to IT, already operating or managing teams in the industry. Our aim was to collect and present current trends in businesses from the East Coast, so that you can keep up to date with what’s going on in digital transformations and innovative solutions in that part of the country.
The startup world is a dynamically developing industry. Every year new revolutionary ideas appear. Trends affect how the market is shaped and reflected in modern businesses. Are you ready to follow those trends? Discover the most impressive and meaningful IT-related Boston startups that broke out in 2019.
With these tools, you’ll stand out from other industry experts, especially around Boston, and find out what’s happening in the market to make more accurate business decisions, in line with the ever-changing market. It is also an opportunity for inspiration. Perhaps you will discover interesting solutions provided by new companies that you can use in your private and professional life? Let’s find out!
Boston startups that made their mark in 2019
Before you start, just a small hint on how to read our list of Boston startups. The order is random. Below the name there will be some important details about the company, and a description explaining why the company is revolutionary and worth exploring.
We provide the following information for each startup:
- Link to the company’s official website
- The year the company was founded
- Number of employees
- Company’s specialization
- Special achievements (awards, grants, funding, or other distinguishing features).
Let’s explore the list of notable Boston startups from 2019!
Specialization: finances, wellness, financial services, financial consulting, software.
It’s no wonder this company made its way to our Boston startups list. It empowers people to control their finances and make better decisions concerning their finances. They also have a special offer for partners – financial wellness in the form of a benefit, supporting employees with “lessons, digital tools, and expert guidance”.
- LearnLux won $100,000 in Sound Ventures’s Perfect Pitch competition for the best “game-changing and scalable business idea”.
- The company’s CEO also got a double investment of $200,000 from Sound Ventures, and another $200,000 from Benioff.
Specialization: developer platform, information technology, open source software.
This company provides software development teams with a single source to maintain and support software. They can also use the assistance of professional support and maintenance from Tidelift experts.
- This startup has raised $40M in funding over 2 rounds.
- NumFOCUS, a nonprofit supporting better science through open code, made a partnership with Tidelift to support open source libraries critical to the Python data science and scientific computing ecosystem.
Employees: 70 + 6 dogs 🙂
Specialization: marketing platform for influencers (online marketing, content, social media).
The Mavrck is an all-in-one influencer marketing platform. They ensure fraud detection and brand safety assessment. They are the fastest-growing and most recognized platform on the market.
- Shorty Award,
- Retail Innovators Award,
- Digiday’s Best Influencer Marketing Platform,
- It was also recognized for Company Growth by Inc. 5000 Honoree in America’s Most Successful Companies. The company raised an additional $5.8M to accelerate their growth.
Specialization: cryptocurrency, blockchain, decentralization, scalability and security.
Algorand is the solution to tech obstacles, stopping mainstream blockchain adoption: decentralization, scale, security. They also claim to offer stability and trust, as well as complete transparency, protection, and speed in a decentralized network.
The company claims that their transaction throughput can be compared to great payments and financial networks.
- “Tech Innovator of the Year” – Software – in Stevie Awards Competition 2018.
- This is the first blockchain that immediately finalizes transactions.
Specialization: retail execution software for data-driven teams, achieving performance, SaaS company.
Repsly is one of the Boston startups that offers a solution centralizing brands’ sales, field activity, and in-store data. It connects activities on a store level with their influence on sales.
Its total funding amount is $3.8M, while in 2018 they received $1.6M.
- one of the 10 best European startups in Startup Week 2011 in Vienna, Austria
- Microsoft ISV award: “The most innovative startup”
Specialization: enterprise software, SaaS, optimization solution, spending sourcing.
This startup founded in Boston offers a solution optimizing tail spend sourcing and payment process. This time-saving solution, thanks to the use of machine learning and AI, helps to reduce manual effort by 30-40% on purchases and cuts costs up to 33%.
Specialization: Artificial Intelligence, Home Health Care, Virtual Assistant.
This Boston startup supports caregivers and health organizations in delivering better care to people suffering from chronic disease who are in need of pill management. Pillo Health’s platform is supported by an AI-based healthcare assistant named Pillo. It supports medicine intake, provides health and wellness information, and can connect the patient with care teams via notifications or video-calling.
- Judges Choice Award at the NTT DATA Services Open Innovation Contest in Boston.
- The solution saves time and thanks to AI, reduces manual effort up to 40% on purchases.
Specialization: Information Services, Network Security, UX Design, Video.
LogRocket operates in any language and framework, presenting clue errors on websites and offering tips on how to reproduce them. The solution records user sessions with logs and network data to spot UX-related problems and reveal the root cause of every bug. This startup also provides software development kits for particular technologies.
Specialization: computer, network, information attacks on demand, security.
This startup, headquartered in Boston, provides an authentic attack platform for CISOs to stay ahead of a cyberattack. The platform was created to have real-time insight into security risks, simultaneous analysis, and safe execution of on-demand attacks.
Do any of these Boston startups sound inspiring to you? Perhaps it is worth observing one of them and continuing to learn about market trends and what is innovative in Boston. We can confidently say that in 2019 solutions related to artificial intelligence, finances, security and marketing were particularly popular.
We publish fresh updates about our company and information on the latest trends on our Linkedin profile. Check it out.