Tome has amassed an ever-expanding user base and has secured numerous funding rounds since its debut. Additionally, its recurring revenue model has already enabled it to hit 10 Million users this year!
Runway AI has witnessed rapid expansion as generative AI becomes an industry standard. Their product, Runway Studio, provides artists with an effective tool to create AI-generated media.
Elegoo
As global economies struggle through another challenging year, higher interest rates and lack of venture capital funding have put startups under strain. Yet some have still demonstrated remarkable success despite these hurdles; from childcare services to AI-driven technologies, here are ten tech startups worth keeping an eye on in 2024.
Calendly has experienced tremendous growth since its introduction in 2013. Now boasting 10 Million Users and having doubled its team since 2013, Calendly looks set to expand even further by 2024 with its scalable business model and steady revenue stream.
Tome is an artificial intelligence startup worth keeping an eye on, using natural language processing and image analysis to produce high-quality visual content for marketing automatically. After making its mark with its appearance on Shark Tank and receiving $600K funding from investors on that show, they also recently collaborated with Getty Images on creating an AI model that will automatically generate engaging and relevant content that caters specifically to different markets.
Tome is one of the new AI players aiming to bring AI technology closer to consumers. Their generative AI software seeks to revolutionize how businesses present information and tell stories, and they have already received funding awards and signed leading clients such as Google and Nvidia.
Brightwheel, a childcare management platform valued at over $600 million, has seen its valuation soar past that threshold. It leverages its solid user base and successful fundraising to expand operations and enter new regions.
Northvolt, a Swedish battery manufacturing startup, is another promising start-up to watch out for. They recently raised one of Europe’s most significant green loans and are working toward creating an environmentally sustainable business model in this sector.
3D printing has proven itself an incredibly disruptive technology that’s revolutionizing everything from metal fabrication to housing construction. One of the original pioneers in 3D printing technology, Stratasys has amassed an impressive portfolio of printers and design software – not to mention being profitable with plenty of cash stored away to enable growth for years to come.
Give butter
Givebutter is an all-in-one fundraising and donor management platform that empowers changemakers to raise more for their causes. It offers industry-leading tools for fundraisers, events, auctions, emailing, texting, and major giving, as well as custom donation forms, which accept multiple payment methods while giving users a 360o view of donor data.
Givebutter is an online platform designed to enable organizations to create custom pages easily, collaborate on fundraising with teams, share goals, and track progress towards them, as well as send personalized fundraising emails, synchronize calendars with them, and enable attendees to purchase tickets for events. Furthermore, third-party integration via Zapier, custom receipts/payouts/leaderboards, as well as team leaderboards are supported on Givebutter, as are multi-team fundraising solutions, central chapter fundraising as well as advanced enterprise features offered as fundraising solutions by Givebutter.
Givebutter was founded by three George Washington University roommates, Max Friedman, Liran Cohen, and Ari Krasner, in 2016 as an example of how startups can expand. Since its debut, its all-in-one platform has raised $300 million for over one million changemakers while recently hitting profitability, an accomplishment rarely found among tech startups, which frequently consume funding rapidly.
Givebutter secured a $50 million strategic growth investment from Bessemer Venture Partners’s BVP Forge Fund and Ardent Venture Partners in 2023, signifying their dedication to their product while opening up opportunities with investors. Furthermore, Givebutter recently introduced an industry-first donor-advised fund donate button, which could attract nonprofits looking for cutting-edge tech solutions.
Tome, an AI-powered productivity tool for businesses, is making waves in 2023. Users of Tome can enhance their campaigns using videos, photos, impact statistics, campaign updates, and live streams – and with an $81 million fund and expanding user base; Tome is set for great things in 2024.
Polycarbin
Last year was a difficult one for start-ups, but 2024 is shaping up better. Venture capital funding is anticipated to increase, and macroeconomic trends are improving; some sectors, particularly AI, are set for significant gains – Santa Clara voice generator ElevenLabs recently made history after raising $80 million led by Andreessen Horowitz and former GitHub CEO Nat Friedman – helping users design AI voices in various languages and accents.
Polycarbin, a tech startup to keep an eye on, is revolutionizing laboratory supply chains through its circular economy solution for laboratory plastic waste. They remanufacture and recycle lab plastic waste while offering transparent sustainability data to customers. Created by two physician scientists-in-training from the University of Pittsburgh School of Medicine, Polycarbin helps reduce carbon emissions while creating more eco-friendly laboratories.
NoPalm Ingredients, a Dutch biotech startup, is developing an innovative and sustainable palm oil alternative that can be used in food and cosmetic products. They have already raised a seed round of EUR5 million from investors like Rubio Impact Ventures, Fairtree Elevant Ventures, Oost NL, and Willow Capital Investments, and they have secured an important strategic partnership agreement with Unilever.
Irish medtech company Deciphex stands out in the field of sustainability by creating a digital pathology workflow and integrated AI platform for research pathology research, as well as offering researchers on-demand access to remote pathology experts.
At the forefront of green startups to watch in 2024 is Barcelona-based telecom start-up Sateliot, which is working on an impressive constellation of 250 nanosatellites to improve wireless connectivity. Parisian battery producer Northvolt also stands out as it introduces its new low-carbon model that could rival Tesla’s gigafactory.
ABLE
As 2024 dawns, many tech startups are setting ambitious goals for 2024. Entrepreneurs looking to revolutionize various industries, from healthcare to AI, are striving to make an impression statement this year – nine start-ups that could prove transformative this year are listed here.
These startups may make significant strides in their respective sectors by using an effective combination of ingredients – from artificial intelligence (AI) to baby formula – with 2024 as their year of success in mind.
Though many associate the word ‘ startup’ with software and internet-related businesses, there is actually an abundance of tech startups from various industries transforming our everyday lives – they’re changing how we work, play, and connect.
From no-code web development platforms to robots that clean homes, these start-ups are revolutionizing technology’s future. Indeed, IT’s scope is so expansive that there are literally thousands of innovative startups striving to improve our lives through innovation and disruption.
Softr is an innovative no-code software platform that makes website and application creation easy through drag-and-drop technology, integrating with existing tools to enable custom digital experiences. Another IT startup worth keeping an eye on is Matic, an American-based firm developing an automated cleaning robot system to autonomously clean homes.
Healthcare and biotech industries also boast exciting start-ups that could make an impactful statement in 2024. Tome, established by two former Meta executives, has gained popularity this year with its revolutionary generative AI model known as Runway. It makes creating multimedia easier than ever – from videos and audio files to full movies!
Shockwave Medical, an emerging health tech startup to watch closely, employs sound waves to break up kidney stones instead of drilling or balloons – this could be revolutionary for patients seeking to avoid physical unblocking procedures that involve physical risk.
Arda Biomaterials transforms brewery waste into leather; Cellevate advances cell culture technology by employing nanofiber derived from barley grain; and ABLE provides exoskeletons for people with disabilities and has already raised over $2 Million from investors and partners.