Top Startups / July 18, 2021
Asaf Fybish

Asaf is an investor and startup growth advisor. He specializes in organic marketing and he's our Chief of Stash

Top Austin Startups to Watch in 2021

The startup ecosystem in Austin is one of the most active and attractive in the United States. As a result of this, there are a lot of top startups in Austin, with the ecosystem being valued at a total of $17 Billion. The total early-stage funding that has been received also eclipses the global average around three times over. The amount of funding that some startups will find is also significantly larger than the average global investment.

The ecosystem itself has been on a recent uptrend, even recently. $1.5 Billion was raised in the second quarter of this year from a mere 79 deals. This is an amazing achievement and the first quarter of the year was also a strong one, even before the COVID vaccine rollout began to bring hope to the economy.

1. WP Engine

Year Founded: 2010

HQ: Austin, Texas

Size: 251-500

Founder(s): Ben Metcalfe, Cullen Wilson, Jason Cohen

WP Engine is an example of a startup that was founded in the Texan city and was created over a decade ago in 2010. The company has created a solution that allows its customers to create better performance and integrations with their WordPress websites. This is incredibly important as a large number of the websites found online have been created with WordPress. Knowing this, the company has access to a massive target market.

The Austin startup has received a large amount of startup funding in the decade+ that it has been trading. The company has received a total of $290.7 Million in startup funding, which was achieved through a group of ten investors. The company has also made significant moves in the acquisitions market, taking over three companies in its lifetime.

2. DISCO

Year Founded: 2012

HQ: Austin, Texas

Size: 251-500

Founder(s): Gabe Krambs, Kent Radford, Kiwi Camara

Disco is one of the most exciting startups in Austin and the entire USA. The company was founded nine years ago and provides LegalTech solutions for its clients. The main bulk of the company's work comes from the use of artificial intelligence and other advanced technologies to help lawyers to get better results for their clients.

The company is one of the most well-invested in startups in the USA. In total, the company has managed to snag investment worth $233.6 Million. This was achieved from a total of six investors and the investment will help to propel the company to new heights in the future.

3. SparkCognition

Year Founded: 2013

HQ: Austin, Texas

Size: 101-250

Founder(s): Amir Husain

SparkCognition is an Austin startup that was founded in 2013 and is currently based in the Texan city. The country creates technological solutions with AI technology for the industrial sectors. For instance, the company creates digital security solutions to ensure that devices and machines are kept safe and are running effectively. The company also provides other solutions to help industrial businesses.

The company was founded eight years ago and is still currently based in Austin. The company has been massively in its eight years of trading, leading to the company gaining a total investment figure of $163.6 Million in funding from a group of twenty-six different investors. The company has also acquired three different companies to boost its operations.

4. ClearData

Year Founded: 2011

HQ: Austin, Texas

Size: 101-250

Founder(s): Chris Bowen, Darin Brannan, David G. Jemmett, Matt Ferrari

ClearData is an Austin-based healthcare technology startup that was established a decade ago and is currently based in Austin. The company provides data security solutions for medical providers to keep their patient's medical information safe, using their advanced cloud computing technology. With the rise of medical data being hacked in recent years, this is a very important offering for people around the world.

The company has received a large amount of funding since being founded ten years ago. This funding was achieved through a group of ten investors and the company has managed to bag a figure of $80.4 Million to improve its growth and development in the future.

5. Billd

Year Founded: 2018

HQ: Austin, Texas

Size: 51-100

Founder(s): Christopher Doyle, Jesse Weissburg

Billd is a startup in Austin that operates in the fintech sector and provides solutions for the construction industry. The company provides crucial construction tools and materials to businesses, but in a flexible manner. This means that companies will be given 120-day payment terms. This means that they can get the materials they need, even if they do not have instant access to the money.

The company has received a very strong total of startup funding since being founded three years ago and this has allowed the business to undergo rapid growth. In total, the company has been given $90 Million from a group of four investors to help propel their initiative to the next level.

6. InKind

Year Founded: 2017

HQ: Austin, Texas

Size: 11-50

Founder(s): Andrew Harris, Johann Moonesinghe, Miles Matthias

InKind is an Austin startup that was founded in 2017 and is still currently based in the titular city. The company helps restaurants, which have been severely hit by the pandemic to get access to the materials and goods that they need to operate. The company buys large quantities of food and drink credits and then resells these to restaurants so that they can get those materials.

The company has managed to get a respectable amount of investment since being involved in the market in the last four years. A total of three investors have collectively decided to put a figure of $6.5 Million into the growing fintech business.

7. Ontic

Year Founded: 2017

HQ: Austin, Texas

Size: 51-100

Founder(s): Gagan Jain, Lukas Quanstrom, Thomas Kopecky

Ontic is a cybersecurity startup in Austin that was founded four years ago and is still based in the aforementioned city. The company provides a multi-layered solution to ensure employee safety. This includes screening and assessment of physical threats, digital threats and much more. This is important because employees will not be able to perform to their best if they are under threat.

The company has received a notable amount of startup funding since being founded in 2017. A total of four investors have decided to put their money into the business. This has culminated in the company making a total of $16.7 Million in startup funding.

8. Place Technology

Year Founded: 2018

HQ: Austin, Texas

Size: 11-50

Founder(s): Brandon Metcalf, Kabe Vanderbaan

Place Technology is an Austin fintech startup that was founded three years ago and is currently going from strength to strength. The company creates financial software for strategic purposes, which means that it comes with a variety of reporting tools to support the business decision-making process in general.

The company has received an impressive amount of startup funding since it was founded in 2018 and the company has managed to convince a total of three investors to part with their money. In total, the company has managed to raise a figure of $5.7 Million in funding.

9. OJO Labs

Year Founded: 2015

HQ: Austin, Texas

Size: 251-500

Founder(s): David Rubin, John Berkowitz

OJO Labs is a real estate startup that was founded six years ago and is currently based in Austin, Texas. The company makes the process of buying and selling homes much easier by making most of the process digital. Not only does the company provide a platform, they also provide key information and advice to their customers so that they can get the best home purchase or sale experience.

In the six years that the company has been trading, the company has managed to snag investment from a total of nine investors. The company has also managed to take over four different businesses in that time. The total investment that the company has gained since being founded has reached a total of $134 Million.

10. Workrise

Year Founded: 2014

HQ: Austin, Texas

Size: 501-1000

Founder(s): Michael Witte, Sandeep Jain, Xuan Yong

Workrise is a startup that was founded in 2014 and is currently based in Austin, Texas. The company provides solutions for the energy industry. The company operates a marketplace where energy companies can find the talent and skills that they need to complete the tasks that are critical to their business operations. This helps to find the talent that can be hard to uncover with the traditional hiring methods.

The company has received a gargantuan amount of startup funding since it was founded seven years ago. In total, 22 investors have decided to put money into the project over the years and this has resulted in a total of $752.5 Million being raised in seven years.

11. Outdoorsy

Year Founded: 2014

HQ: Austin, Texas

Size: 101-250

Founder(s): Jeff Cavins, Jennifer Young, Ryan Quinn, Tyler Stillwater

Outdoorsy is a startup that was founded seven years ago in 2014 and is currently based in Austin, Texas. The company operates an online marketplace that connects would-be adventurers with individuals that are looking to rent out their RVs this makes the vacation process easier for these people and also helps the RV owners.

Since being founded in 2014, the company has managed to raise a large amount of funding from investors. The number of investors that have put their money into the business has reached fourteen in recent times. The total amount of investment that the company has received has reached an amount of $195.1 Million.

12. CesiumAstro 

Year Founded: 2017

HQ: Austin, Texas

Size: 11-50

Founder(s): Shey Sabripour

CesiumAstro is an Austin startup that was founded in 2017 and is currently based in Austin, Texas. The company makes its money by creating out-of-the-box communications systems for satellites and other space-faring vehicles, along with some atmospheric aircraft. These solutions make airborne communication easier for organizations worldwide.

The company has received a large amount of startup funding since it was founded four years ago. A total of six investors have decided to put their money into the company and this has resulted in the company making $28.2 Million to further fund the development of its communications platforms.

13. FloorFound

Year Founded: 2020

HQ: Austin, Texas

Size: 1-10

Founder(s): Chris Richter, Ryan Matthews

Floorfound is an Austin technology startup that was founded in the city in 2020 and has gone from strength to strength since then. The company has developed an e-commerce platform that helps businesses to process returns and the resale of products. This helps an increasing problem in the e-commerce sector.

The company has received a lot of funding, especially considering that it was only founded last year. A total of six investors have decided to back the new business and this has resulted in FloorFound receiving a total of $4.7 Million in startup funding.

14. Ibble

Year Founded: 2018

HQ: Austin, Texas

Size: 11-50

Founder(s): Eric Albee, Irving Lee, Raymond Kaminski

Ibble is a startup that was founded three years ago and is currently based in Austin, Texas. The company has created a social video platform that allows people to converse using videos. This puts a new spin on the social media experience and allows users to connect with each other much more easily than they would be able to by messaging each other.

The company has not received any startup funding as of yet, however, we believe that it is only a matter of time before this changes. 

15. Interplay Learning

Year Founded: 2016

HQ: Austin, Texas

Size: 51-100

Founder(s): Doug Donovan

Interplay Learning is one of the most exciting startups in Austin and was founded in 2016. The company provides a solution that uses virtual reality and 3-D printing to simulate training environments for individuals wanting to learn about heating, ventilation and air conditioning. This promotes a more effective, safe and less costly learning environment for people new to the industry.

The company has received a large amount of startup funding since it was founded in 2016. The company in that time has managed to receive investment from 12 investors, which has led to the startup gaining a total of $12.5 Million.

16. Literati

Year Founded: 2017

HQ: Austin, Texas

Size: 101-250

Founder(s): Jessica Ewing, Kelly Carroll

Literati is a startup that was founded in Austin, Texas and has been operating for four years. The company provides a subscription-based platform where users can get books on a regular basis. The company has also operated a book club for kids that allows them to try the books before purchasing them, which helps to get children into reading more.

The company's mission to get people reading has clearly resonated with investors. The company has managed to gain investment from a total of nineteen investors and this has culminated in total investment of $52 Million.

17. Spruce

Year Founded: 2016

HQ: Austin, Texas

Size: 11-50

Founder(s): Ben Johnson, Garrett Johnson

Spruce is a technology startup that was founded five years ago and is currently based in Austin, Texas. The company has built and operates a platform that allows people to get services for their homes in an easy-to-use platform. This takes the hassle out of searching the internet constantly to find someone to fulfill your home services needs.

The company has received a respectable amount of startup funding since it was founded in 2016. The company has received investment from five investors and this has resulted in the company making a total of $14.6 Million in startup funding.

18. Wheel

Year Founded: 2018

HQ: Austin, Texas

Size: 101-250

Founder(s): Griffin Mulcahey, Michelle Davey, Philip Johnson

Wheel is a healthcare technology startup that was founded three years ago and is currently based in Austin, Texas. The company provides solutions that allow for the powering of online healthcare by connecting doctors and technological solutions.

The company has seen a large amount of startup funding since being founded three years ago. The company has received investment from six investors and has managed to raise a figure of $65.6 Million in startup funding from these investors.

19. Stoplight

Year Founded: 2014

HQ: Austin, Texas

Size: 51-100

Founder(s): Marc MacLeod

Stoplight is a startup that was founded in 2014 and is currently based in Austin, Texas. The company provides a platform that assists businesses with designing their APIs, developing them and documenting them. This means that the APIs will be able to used consistently and ensures that they are high-quality.

The company has managed to raise a very healthy amount of startup funding since it was founded seven years ago. The company has managed to raise investment from eight investors and this has allowed the company to raise startup funding to the value of $20.4 Million.

20. Laundris

Year Founded: 2017

HQ: Austin, Texas

Size: 1-10

Founder(s): Don Ward, Joey Dominguez

Laundris is a startup that was founded in 2017 and is currently based in Austin, Texas. The company makes its money by creating an automated linen and washing management service for hotels. This helps them to improve their efficiencies and save on costs as a result of those efficiencies.

Since being founded, the company has managed to raise a respectable total of $1.5 Million in investment. This was achieved through the combined efforts of three investors.

21. Check

Year Founded: 2017

HQ: Austin, Texas

Size: 1-10

Founder(s): Michael Odiari

The Check App is a startup that was founded four years ago and is currently headquartered in Austin, Texas. The company aims to solve a massive problem in the world, which is ensuring safe, respectable and recorded interactions. When you use the app, you can live stream the traffic stop to your emergency contact, you can provide digital copies of your ID and also save the recording for safekeeping.\
The company has received some funding to further its growth and development, mainly down to the worthy cause of improving interactions with the police. This has resulted in the company receiving $100,000.

Top Austin Startups to Watch...
Asaf Fybish

Asaf is an investor and startup growth advisor. He specializes in organic marketing and he's our Chief of Stash

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