All great ideas usually start out small. An idea that’s just struggling to come to market can soon become an industry leader. Here is a list of seven interesting and exciting start-ups to watch as they make new leaps and bounds towards the future.
Owner: Jaydeep Barman
In an age of too many food delivery apps, Rebel Foods stands out as the world’s largest internet restaurant company. Known as Faasos earlier, the small Pune based company, rebranded as Rebel Foods, began cooking food and whole meals in their cloud kitchens. With 235 kitchens across 20 cities, they're targeting a $1 billion valuation with new funding totaling at $100-150 million.
Owner: Håvard Haukeland
A new name in AI, SpaceMaker develops sustainable infrastructure that makes growth easier and cleaner. The company uses machine learning tools to maximize the potential of building sites, generating detailed analyses for each. Finally, SpaceMaker also operates a platform to facilitate workflow across architects, engineers, and real estate developers. Spacemaker recently raised $25 million for AI construction projects.
Owner: Kevin Tan
Valued at $23.5 million, Snackpass is an all-in-one promotional platform for restaurants designed to offer rewards, discounts and a social media platform for advertising. The app lets consumers order via phone and pick up the order when you reach the eatery, exchange accrued points for free perks from any vendor listed, and give friends coupons and gift cards.
Owner: Alex Kubicek
This startup uses sensor tracking weather patterns to helps businesses make weather-related operational decisions.. They use atmospheric intelligence to assess hail, rainfall, temperature, humidity, wind, and solar radiation between sensors installed two to three miles around areas. Now, the firm is learning how to use AI to track crop health, an application that they hope will lead to a role in AI-enhanced precision agriculture.. Valued at $22.25 million, they are expanding into agriculture, insurance, government and the environment.
Owner: Christian Lutz
Crate provides an open-source SQL database to help developers capture, analyze and manage all their machine learning/artificial intelligence data. It’s a turnkey data layer for faster creation of all IoT platforms, data-driven smart factories etc. Founders have raised $17.9M so far. While the firm is still small, it could be the next best solutions provider for Industrial IoT, enterprise cybersecurity and systems monitoring, and marketing analytics.
Owner: Nick Bushak
GEM makes recruiting software for companies wanting simpler, interactive ways to shortlist top talent, contacts. Created by former Dropbox and Facebook engineers, it adds a relationship aspect to the hiring process, while still streamlining it, differentiating GEM from LinkedIn, WorkDay, etc. Backed by Accel, GEM closed $9 million in March last year and is currently valued at $33.33 million.
Owner: Diego Oppenheimer
Algorithmia develops AI products and algorithms for resolving several data science issues found in applied software, and automating DevOps for machine learning. Algorithmia formulae are used by over 100,000 developers. The firm raised $25 million last year and has evidently cracked the code for attracting top talent: Ken Toole, Atlassian's former engineering head and Anna Patterson from the Google AI fund Gradient Ventures have both signed on.