What does everyone do in December, apart from decorating the Christmas tree, eating tangerines and holiday menu planning? Of course, sum up the year! Geniusee represents the Startup Results in 2019.
As the USA is the center of the Startup World, we have collected 2019 startup statistics focusing on American indicators.
US business statistics show how well developed their economy is and how private entrepreneurs help it to grow. Every year, 543,000 startups are launched in the country. 60% of Americans believe that the United States is a country convenient for entrepreneurship. Given the growing number of immigrants and students who come here every year, we can say that the local “freedom” is exactly what attracts people.
It’s never been a better time than right now to start a business in American. With record-low unemployment and a soaring economy, the American market is the most competitive and innovative in the world. Success is far from guaranteed, and work is more demanding than ever, but startup statistics show that with the right talent, solid organization, and a bit of luck, you can surely find success.
With every new day, we are inching towards an AI-first world, and this is a great time for tech startups to make their mark. As we all know AI and robots are the way to the future, a number of the Venture Capital firms and tech investors are having a bird’s eye view of the tech industry for all the novel ideas that you can turn into reality. So, DREAM BIG, ACT NOW – is the new motto.
In the startup world, the chance of becoming a company valued at $ 1 billion or more is considered so small that they are named after the mythical beast - a unicorn. In the US, there are only 135 companies valued at a billion dollars or more. In this list, we have collected top tech startups that are valued at more than a billion dollars.
Consumer Goods, Consumer Electronics – Total funding: $ 13.6 B
Juul is an electronics company specialized in nicotine vaporizers and alternatives for smokers. It provides vaporizers with regulated temperature control and that can be filled with e-liquid formulations including nicotine, natural oils, extracts, and flavor.
Industry: Marketplace, Travel Accommodations – Total funding: $ 4.4 B
Airbnb is a marketplace dedicated to connecting travelers to rooms, apartments, houses and unique accommodations and experiences around the world. It helps list, discover, and book distinctive spaces and facilitates bookings and financial transactions.
Industry: Aerospace, Space Travel – Total funding: $ 3.2 B
SpaceX – Space Exploration Technologies Corporation – is a company dedicated to space transportation aiming at improving the cost and reliability of access to space by a factor of ten. It designs, manufactures, and launches rockets and spacecraft, especially focusing on reusable launch vehicles.
Industry: Augmented Reality, Wearables – Total funding: $ 2.6 B
Magic Leap is an augmented reality company creating wearable technology to interact with digital devices and visualize data. It provides a headset that generates images indistinguishable from real objects and integrates them seamlessly into the user’s environment.
Industry: Financial Services, FinTech – Total funding: $ 2.5 B
SoFi – Social Finance – is a finance company providing a range of lending and wealth management services. Particularly catering to younger professionals, SoFi helps them to save, spend, borrow and invest whether they are looking to buy a home, save money on student loans, grow in their careers, or invest in the future.
Industry: Analytics, Information Technology – Total funding: $ 2 B
Palantir is a technology company specialized in big data integration and analysis. It works on solving some of the world’s most important questions through data analysis software for both private and public sector, including delivering disaster relief to building safer automobiles.
Industry: Food Delivery, Logistics – Total funding: $ 2 B
DoorDash is a food delivery service allowing users to order from local restaurants through a mobile application. Thanks to its digital platform and delivery logistics, restaurants can find new customers and reach a larger base via home delivery which they would not otherwise be able to provide.
Industry: Delivery Service, Grocery – Total funding: $ 1.9 B
Instacart is a company focusing on the delivery of groceries and home products. It allows customers to browse a wide variety of items which can be mixed from multiple local retail stores, including Safeway, Whole Foods, Super Fresh, Harris Teeter, Shaw’s, Mariano’s, Jewel-Osco, Stanley’s, and Costco.
Industry: Health Care, Biotechnology – Total funding: $ 1.6 B
Intarcia Therapeutics is a biopharmaceutical company specialized in diseases requiring long-term chronic treatment. It notably produces drug delivery platforms stabilizing and delivering therapeutic proteins and peptides, drugs delivery devices for the treatment of Hepatitis C, type 2 diabetes, and develops treatments program for obesity.
It goes without saying that these are not all the conferences that were this year. Nevertheless, the number of events clearly indicates that technology startups are now in trend and are developing at high speed.
All around the world, enterprising start-ups and business giants are busy developing new ideas that could change the world. It is very interesting to observe what 2020 will be for the world of startups and what ideas and projects will appear this year.
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