Column | chapter nine algorithm
Url | www.jiuzhang.com
We are living in a great time, and the small companies that college graduates start in their bedrooms or garages are changing the world! Every year, new IT startups spring up around the world to solve real-world problems and affect the lives of millions of people around the world.
Here are nine PROMISING IT startups that have grown rapidly in recent years and are poised to make a breakthrough in 2018.
Auth0
Auth0 is a very successful Cyber security startup based in Seattle
Just five years old, Auth0 manages nearly 50 million logins a day for more than 2,000 enterprise customers in more than 70 countries. With these results, Auth0 raised $54.3 million in four separate funding rounds.
Auth0’s workforce is growing, from in-office employees to remote employees from more than 30 countries. Auth0 employees earn an average of $135,666 per year.
Data source: Paysa
Shippo
Shippo is a fast growing API and dashboard. Shippo’s Dashboard could help e-commerce companies offer customers a variety of product shipping options. With Shippo, marketplaces, websites, platforms and e-commerce companies can get real-time shipping rates from some of the top carriers, while also creating tags, automating paperwork and tracking packages — all in a dashboard.
In less than four years of existence, Shippo has a customer base of more than 15,000 companies, including e-commerce giant eBay, and has raised $20 million in funding.
Shippo currently has a team of just over 60 employees, but the workforce is growing fast. Shippo employees make an average annual salary of $97,239.
Data source: Paysa
Skydio
Skydio is one of the most exciting startups out there. It started as a software company specializing in drones, but soon branched out into other areas.
Its flagship product is the Skydio R1, an AI-powered driverless camera that can produce stunning visual effects from different angles. Skydio brings together ai, robotics, and user hardware experts from companies like Google, Apple, Tesla, and Oculus into a rapidly expanding team.
Skydio employees earn an average annual salary of $123,654.
Data source: Paysa
Outreach
Outreach is a marketing automation software company with offices in 3 states and a team of in-person and remote employees in 10 states. The company’s $60 million funding round, backed by DFJ, Mayfield, Trinity, and other venture capital firms, has made headlines.
The average annual salary for Outreach employees is $88,216.
Data source: Paysa
Modsy
Modsy is an innovative IT startup that lets you don’t have to worry about buying furniture for your home or workplace, just say a general idea. Customers say their ideas for a room, and Modsy turns them into 3D models where they can design the room by placing different pieces of furniture. In addition, customers can get special discounts on furniture from well-known brands through Modsy.
Modsy has successfully raised more than $10 million in funding since 2015 and is accelerating its growth by improving its technology and expanding its staff.
Modsy employees make an average annual salary of $102,277.
Data source: Paysa
Lever
Lever is a modern recruitment software and recruitment tracking system
Lever has more than 1,500 customers in 40 countries and has raised $72.8 million in five rounds of funding. Founded by former Googlers, it now has 155 employees and is growing fast.
Lever’s employees earn an average annual salary of $124,482.
Data source: Paysa
Brandless
Brandless is a unique online grocery store and consumer shopping platform that filters brands from your everyday shopping experience. Everything on Brandless, from shampoo and soap to spoons and forks, is priced at $3. There is no brand at all, and the products simply add the name of their own item to the label.
Brandless has raised $50m from angel investors since launching in 2017 and plans to expand its business aggressively in the coming years. Its offices are in San Francisco and Minneapolis, and most of its employees are full-time.
Brandless employees earn an average annual salary of $90,158.
Data source: Paysa
Convoy
Founded by a former Amazon employee, Convoy is a truck-matching service that connects shippers with shipping companies. It provides dashboards with shipment tracking, shipment details, and other important information to help shippers select and manage their shipments.
The idea apparently caught on and attracted some heavyweight investors, who put a total of $80.3 million into the company. Convoy now operates out of Washington and has a growing staff of full-time employees.
Convoy’s average annual salary is $127,788.
Data source: Paysa