7 Notable US Startup Companies in 2018: Motiv, Zipline, Numerai, etc.
Here we will list seven U.S. startup companies that we think will be largely successful in 2018.
These companies built a new business model with free ideas by utilizing technologies. The companies include Motiv, which developed convenient and fashionable fitness devices, Zipline, which provided the world’s first drone medical delivery services, and Numerai, which predicted the stock market with A.I. (Artificial Intelligence).
Motiv Ring – “Future Fitness” Ring Tracker
Motiv has become a topic of conversation, through the development of a fitness tracker shaped as a ring, “Motiv Ring”. The company was founded in San Francisco in 2013 by Curt von Badinski and his team of engineers formerly developing network equipment at Cisco Systems, Inc.
The functionality as well as the trend of wearable devices continues to evolve, but they still have an “indeed equipped” atmosphere. Motiv Ring is an ultra-compact and simple ring packed with various functions, it’s perfect if you want to wear a fitness tracker casually.
Although it seems like an ordinary ring, it is in fact waterproof up to 50 meters and it measures your exercise data such as step count, moving distance, calorie expenditure, as well as sleeping hours and heart rate. Plus, you only need to charge it once every 3 to 5 days.
The company – which is “Making Future Fitness” – has received 16.37 million dollars in total from Cherry Tree Investments, Tyche Partners, and others.
Spoke – Improving business efficiency through AI
Spoke is a startup company developing an AI workplace management solution. It was founded in San Francisco in 2016 by Jay Srinivasan, who previously served as a product manager at McKinsey & Company, among others.
Spoke created a new organizational system that automatically supports simple tasks such as inquiries about paid vacations to human resources department, issues of help desk tickets, all done through AI (Artificial Intelligence). In this system, a bot answers an inquiry inside the organization. If a bot cannot answer it, it will connect to the relevant department.
Spoke has obtained a total amount of 28 million dollars from Accel Partners, Felicis Ventures, and others.
Qadium – Cybersecurity startup company led by former CIA analyst
Qadium was founded in San Francisco in 2012 as a startup cybersecurity company, by ex-CIA analyst Tim Junio and the members of DARPA (Defense Advanced Research Projects Agency).
The company manages the security systems of their clients, monitoring the operating status of servers and routers connected to the Internet, security cameras, control system in power plant, and find weaknesses that might be hit by a cyberattack.
The company succeeded in receiving a total of 65.97 million dollars from Founders Fund, IVP (Institutional Venture Partners), and others.
Zipline – The world’s first drone medical and blood delivery service; Less than 30 minutes from order to delivery
Zipline is a startup medical company founded in San Francisco in 2011. Its innovative idea of delivering of blood and medicine by drones, allowed it to receive a total amount of 41.11 million dollars from Visionnaire Ventures, Sequoia capital, AME Cloud Ventures, Mondo Ventures, Inc. and other investors.
It started a service in Rwanda in 2016 and plans to establish a second distribution center in Tanzania in 2018. It’s a new hope, It has also attracted the attention of medical institutions and governments in the world, with its eventual aim of achieving a delivery timing of less than 30 mins from order, at a speed of 100 km/h, and a capacity of making at least 500 deliveries a day.
AutoFi – Received a total of 300 million dollars in auto financing from Ford Motor Company, etc.
AutoFi is a startup online auto loan company from San Francisco. By offering a single platform from car selection to financing application, it offers consumers ease and convenience in choosing their car loans. .
It has the same idea as “Chase Auto Direct” which JP Morgan Chase started last year in collaboration with online car dealer TrueCar. It’s a big startup company that received 290 million dollars from Ford Motor Company, 500 Startups, Zenstores Venture Capital, that was established in 2015.
Numerai – AI hedge fund; Prediction of the stock market movement based on the past data
Numerai is an AI hedge fund developed by data scientists. By constructing a machine learning model based on past data, it predicts the movements of the stock market. Numerai was established in California in 2015 to improve efficiency in the stock market.
Fred Ehrsam, CEO of Coinbase, and Naval Ravikant of AngelList have personally invested in the company and it has also obtained a total of 7.5 million dollars from Playfair Capital and others.
Crew – Non-office worker version of “slack”?
Crew, established in 2015 in San Francisco, has developed a communication tool for workers who work in places other than their offices such as restaurant managers, nurses, and firefighters. It’s something like a non-office worker version of business chat “Slack”.
Crew has received a total of 24.9 million dollars from Greylock Partners, Sequoia Capital, etc. (Kotoko Allan, freelance writer in the UK)
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