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Wondering what Washington's hottest startups are? We have the answers! In this article, we'll give you a breakdown of the top 10 startups in Washington DC.
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Top 10 Startups In Washington
1. Pie Insurance
Pie Insurance is a workers’ compensation insurance company that provides workers’ comp coverage to small businesses through a simple online experience. The company offering A.M. Best A-rated insurance that leverages data analytics, easy-to-use online features, and a seasoned team of insurance experts to revolutionize workers’ comp for smallbusinesses.As a technology-enabled workers’ compensation insurance company, Pie leverages extensive, high-quality data sets to segment and price small business policies, accurately assessing risks and passing savings on to small business owners. It intends to use the funds for the continued growth and expansion of its offering to small business owners and conduct strategic initiatives to form and purchase licensed insurance companies.Pie began selling workers comp insurance policies direct to customers in 2018. The company is led by co-founder and CEO John Swigart.
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Website: https://pieinsurance.com/
Founded: 2017
Total Funding: $621M
Last Funding Type: Series D
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2. Arcadia
Arcadia is a climate crisis-fighting technology company founded in 2014 and born out of a simple idea—everyone deserves access to clean energy. Arcadia breaks the fossil fuel monopoly by creating unprecedented access to energy data and renewable energy sources through its technology platform, Arc, and its community solar program. Arc fuels there newable energy revolution by democratizing access to energy data from 125 utilities nationwide, covering more than 80% of US electric utility accounts. Arcadia also manages the nation’s leading community solar program, helping to tackle energy injustice while spurring economic growth with more than five Terawatt-hours of residential and commercial energy demand.
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Website: https://www.arcadia.com/
Founded: 2014
Total Funding: $495.5M
Last Funding Type: Venture - Series Unknown
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3. Optoro
Optoro is a technology company that connects a seamless online returns experience with efficient supply chain processing and resale. From providing an online portal to improve customer returns to technology that streamlines processing by routing inventory to its next best home, the company offers solutions for retailers and brands looking to improve outcomes across all points in the returns process.
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Website: http://www.optoro.com/
Founded: 2010
Total Funding: $269.4M
Last Funding Type: Series E
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4. EVERFI
EVERFI operates a network for online education in off-curriculum, but highly valuable content areas such as financial literacy, student loan management, digital literacy, substance abuse prevention, and other key life skills for the 21st-century student. The company's software-as-a-service platform is designed to provide a highly engaginge xperience for students and features the latest technology and instructional design, including rich media, high-definition video, 3D simulations, and social networking. EVERFI partners with more than 7,000 schools, colleges, and universities in all 50 states.
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Website: http://www.everfi.com/
Founded: 2008
Total Funding: $251M
Last Funding Type: Series D
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5. Virtru
Virtru empowers organizations to easily unlock the power of data while maintaining control, everywhere it’s stored and shared. Creators of TDF (Trusted Data Format), the open industry standard for persistent data protection, Virtru provides flexible, easy to use, and trusted privacy technologies built on its data protection platform that governaccess to data throughout its full lifecycle—from creation to transmission, storage, analysis, and sharing. More than 20,000 organizations of every size and industry trust Virtru for data security and privacy protection.Virtu was established in 2012 and is based in Washington, District of Columbia.
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Website: https://www.virtru.com/
Founded: 2012
Total Funding: $139.8M
Last Funding Type: Series C
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6. Morning Consult
Morning Consult is a global decision intelligence company changing how modern leaders make smarter, faster, better decisions. The company pairs its proprietary high-frequency data with applied artificial intelligence to better inform decisions on what people think and how they will act.It was founded in 2014 and headquartered in Washington,
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Website: https://morningconsult.com/
Founded: 2014
Total Funding: $91M
Last Funding Type: Series B
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7. UrbanStems
UrbanStems is an online gifting company that provides on-demand flower delivery services. It offers fresh flowers and seasonal stems for various occasions; floral arrangements for businesses. The company's service offers hand-crafted bouquets that are delivered within minutes to desired locations, offers fresh, seasonal bouquets withthoughtful touches like a personalized note from the sender and specific care instructions depending on the gift, enabling people to take flower subscription delivery and have a perfect gifting experience at a reasonable price that includes free shipping and delivery.UrbanStems was established in 2014 and is headquartered in Washington, District of Columbia, United States.
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Website: https://urbanstems.com/
Founded: 2014
Total Funding: $47.2M
Last Funding Type: Series C
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8. Babyscripts
Babyscripts’ three-tiered approach to virtual maternity care allows providers to deliver risk-specific care to pregnant mothers at any time, in any place. The first tier consists of a digital education layer delivered via a mobile app, with daily gestational-age and practice-specific, customizable content extending through one year postpartum toengage and empower pregnant mothers through trusted resources. The second tier enables virtual management of pregnant patients through the addition of remote monitoring. Depending on the risk, patients are provided with medical devices (like a bluetooth-enabled blood pressure cuff) to monitor for elevated risk, alerting the provider through a unique trigger alert system to enable risk management and intervention. This smart end-to-end management of patients enables the provider to transition care outside of the clinic and address problems of access, allowing them to automate a majority of their patient care while more effectively allocating time and resources to higher-risk patients. The third tier brings the insurer into the equation in a unique collaboration between the care team and payer, solving some of the structural issues of care coordination and access to care, improving outcomes while reducing cost.
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Website: http://babyscripts.com/
Founded: 2013
Total Funding: $39.8M
Last Funding Type: Series B
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9. ChurnZero
ChurnZero helps subscription businesses fight customer churn. Its software solutions allow businesses to understand how their customers use their product, assess their health and their likelihood to renew, and give businesses the means to personalize the customer experience through timely and relevant touchpoints.Headquartered in Arlington,Virginia, ChurnZero was founded by You Mon Tsang and Mark Heys in 2015.
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Website: https://churnzero.com/
Founded: 2015
Total Funding: $34.5M
Last Funding Type: Series B
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10. Socially Determined
Socially Determined identifies social risks and provides insights to prevent workplace social determinants of health (SDOH) with their software.Through Socially Determined's software, theyr social risk intelligence platform informs the clients' organization's intervention strategies to identify the social risk drivers affecting the work place.Socially Determined was established on January 22, 2017 by Trenor Williams, and Ryan Bosch in Washington, DC.
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Website: https://www.sociallydetermined.com/
Founded: 2017
Total Funding: $33.8M
Last Funding Type: Series B
