Business and employment-oriented platform Linkedin on Wednesday released a list of top US startups in 2019. The ranking was arrived at based on the number of actions taken by Linkedin users over the last year.
To be eligible for contention, start-ups need to be independent and privately held with a workforce of at least 50 employees. Additionally, the company needs to be in operation for seven years or less and have headquarters in the United States. Lastly, companies need to have a minimum of 15% employee growth over the period.
From the 2019 list, companies focusing on delivery-on-demand services and innovative mobility have been rising.
The top spot is held by Snowflake Computing, a data warehousing firm. The firm that began operations in 2012 focuses on database architecture data warehouses and query optimization. In 2018, the spot was occupied by Lyft while Uber was the top startup in 2017.
Three-year-old Dosist holds the second spot. The firm seeks to produce cannabis products powered by the science behind the plant. The wellness firm’s main product is its proprietary cannabis dose pen, which seeks to help users reduce pain, inflammation, and insomnia.
Samsara comes in at the third position. Samsara focuses on hardware-software development. Furthermore, the company specializes in GPS fleet tracking, dashcam, and wi-fi hotspot services.
Food delivery service provider Doordash takes the fourth slot. The firm, established in 2013, has managed to double its workforce over the years. Recently, Doordash expanded its services by acquiring Caviar, a competitor.
Brex joins the list for the first time in the fifth position. The startup seeks to revolutionize business-to-business financial service. Among the products it offers is the unique corporate card for startups based on funding rather than credit history.
Khloe Kardashian’s Good American fitness fashion line takes the sixth spot. The firm promotes body-positive services by offering an inclusive range of fashion sizes.
LinkedIn ranks Robinhood in the seventh position. Notably, in the top list, Robinhood is the only firm to feature in both 2018 and 2019 lists. Robinhood’s goal is to democratize the entire financial setup.
Peloton Interactive also makes it to the list for the first time in the eighth spot. The fitness-oriented firm is known for having live and recorded classes connected to at-home equipment.
In the ninth spot, we have Compass, a real estate brokerage firm. Linkedin points out that Compass has rolled out its growth structure with a plan to hire more employees in 2020.
Nuro wraps up the list in the tenth position. The robotics firm seeks to manufacture the first self-driving delivery pods. At the moment, the firm is opening up its operations by establishing marketing, communications, engineering, and the human resource department.
Overall, it is encouraging to see Robinhood, a blockchain-based firm making it to the list. We might see similar start-ups dominating the future lists considering that blockchain is projected to revolutionize various sectors.