Baltimore's Top 10 Startups That Tech Professionals Should Watch Out For in 2024
Last Updated: June 5th 2024
Too Long; Didn't Read:
Discover Baltimore's top 10 tech startups for 2024. ZeroFox leads in cybersecurity, Protenus excels in healthcare analytics, and Catalyte pioneers predictive analytics. b.well revolutionizes health data integration, Fixt streamlines device support, while Vasoptic innovates medical imaging. Allovue offers edtech finance solutions, Atana focuses on cloud security, and Hungry Harvest combats food waste.
The tech scene in Baltimore is thriving like crazy. The city's creative evolution is on full display, with a blend of entrepreneurial hustle and tech innovation defining its startups.
With the University of Maryland Baltimore as the cornerstone, the scene draws strength and diversity from all kinds of fields, including the animation and VFX sector, thanks to OGs like Trevor Pryce of Outlook Enterprises.
Recent research shows there's a massive demand for tech talent in Baltimore, fueling the startup boom and creating a haven for Computer Science grads and bootcamp-trained pros alike.
The startups on our list have emerged as frontrunners through their innovative ideas, solid financials, industry impact, and scalability. They're not just creating jobs; they're diversifying Baltimore's industrial base like crazy.
Their talent acquisition strategies are on point, setting a remarkable standard that our rigorous methodology has confirmed. In our upcoming blog sections, we break down these game-changing narratives – a testament to the startup power reshaping Baltimore's tech scene.
Table of Contents
- ZeroFox
- Protenus
- Catalyte
- b.well
- Fixt
- Vasoptic Medical Inc
- Allovue
- Atana
- Hungry Harvest
- Conclusion
- Frequently Asked Questions
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Get a glimpse into Baltimore's tech ecosystem, a hotbed for innovation and collaboration.
ZeroFox
(Up)Have you heard about ZeroFox? It's this cybersecurity company based in Baltimore. They're like the OGs when it comes to protecting against digital threats and data breaches.
Their tech is straight fire, with real-time asset and vulnerability systems that'll have your back against phishing scams and fake news campaigns.
ZeroFox is all about staying one step ahead with their AI-powered security tools.
They've got your back, covering everything from finance to healthcare and retail. And they're not slowing down either – they recently acquired LookingGlass Cyber Solutions, adding even more firepower to their arsenal.
These guys are the real deal, winning awards like the CyberSecurity Breakthrough "Innovator of the Year." Their ZeroFox Protection platform uses AI to shut down emerging threats before they can even touch you.
ZeroFox has saved major companies from some gnarly cyber attacks, and their case studies prove they mean business.
As tech keeps evolving, you can bet ZeroFox will be leading the charge.
Their solutions are gonna be crucial in the years to come, and they're definitely a company to keep an eye on. If you're looking for cutting-edge cybersecurity, ZeroFox is where it's at.
Protenus
(Up)Check this out Protenus is like the OG when it comes to healthcare data analytics. They're straight-up killing it with their sick machine learning tech, specializing in patient privacy monitoring and drug diversion surveillance.
Real talk, they've seen a 1,600% increase in detected cases and slashed investigation time like a boss. These guys were even crowned the #1 Healthcare Compliance Analytics Platform by KLAS in 2023.
They've cut case investigation time from 80 minutes to just 3-5 minutes! Straight
There's more! Protenus exposes insider threats with 97% accuracy.
They're legit shaping how healthcare systems operate, thanks to their AI tech that detects threats early and sends actionable alerts. These alerts ain't no joke either – they've led to a massive 70% reduction in privacy incidents and a tight grip on unauthorized drug distribution.
Plus, their proactive detection game is on point, helping healthcare providers stay compliant and saving them mad resources with their advanced workforce automation.
Protenus ain't just another analytics tool.
They're the real deal when it comes to comprehensive data governance, straight-up protecting healthcare entities like a boss. Industry experts and users are vouching for their solution, proving it's crucial for keeping patient data secure.
Protenus is committed to eliminating healthcare risks, overseeing a whopping 29 million patient visits annually and helping organizations stay legit.
As cyber threats and drug diversion challenges get more complex, Protenus is staying ahead of the game, reshaping healthcare compliance and data analytics like a true champ.
Catalyte
(Up)You know about Catalyte, right? They're doing some pretty wild stuff when it comes to hiring software developers.
Instead of just looking at someone's resume or college degree, they use this crazy AI system to figure out if someone has the potential to be a kickass coder.
It's all about identifying raw talent, not just checking boxes on a job application.
- Predictive Analytics: Catalyte's AI can predict with crazy accuracy how successful a software project will be. By using machine learning, they've been able to make software development 3 times faster while reducing errors by nearly half compared to industry standards.
- Democratizing Talent: Because they focus on skills and potential instead of just credentials, Catalyte has been able to hire way more diverse candidates. They've seen a 26% increase in minority hires.
- Growth and Expansion: Catalyte is growing. They're expecting to increase their workforce by 150% in the next few years, opening up new development centers all across the country.
The way the tech industry is going, AI is going to be a huge part of software development in the near future.
By 2024, experts think 60% of software projects will use AI in some way. Catalyte's approach, using AI to predict project success, is basically setting the trend for where software engineering is headed.
So yeah, Catalyte isn't just keeping up with the latest tech trends, they're actually leading the way.
With their use of predictive analytics, their focus on finding talent from all backgrounds, and their plans for major growth, they're one of the coolest tech companies in Baltimore right now.
If you're into software development at all, you should definitely keep an eye on what Catalyte is up to.
b.well
(Up)Check this out! There's this sick startup in Baltimore called b.well that's shaking things up in the healthcare game.
They've got this dope platform that integrates all your health records and gives you real-time insights, so you can stay on top of your personal care.
The founders were straight up fed up with the healthcare system, so they decided to create something that would make life easier for everyone, patients and providers alike.
Now they've got white-labeled solutions that put convenience and control right in your hands. Pretty sweet, right?
They just opened their first physical office in Federal Hill, celebrating Baltimore's thriving innovation scene.
Talk about keeping it local! And they're not messing around – they recently raised a whopping $32M in Series B funding led by HLM Venture Partners. With partnerships with big names like Samsung Health, Walgreens, and Rise Health, they're about to take things global and make it even easier to access your medical records and find the right care providers.
Digital health is blowing up, with experts predicting it'll be a $509.2 billion market by 2025.
If you're into tech stuff like predictive health insights, security engineering, mobile app dev, or patient-centric design, b.well is where it's at. They're leading the charge in making healthcare all about the consumer, and showing how tech can empower both patients and providers.
Companies like b.well are opening up some serious career opportunities in healthcare tech, so keep an eye out for them!
Fixt
(Up)Check this out - Fixt, now owned by Assurant Inc, is a total game-changer when it comes to keeping your devices running smoothly. They've got this crazy tech that not only spots potential issues before they happen but also gets you hooked up with lightning-fast solutions to minimize any downtime.
And it's not just a quick fix – they offer full-on enterprise account management and real-time tech support to keep your devices purring like kittens.
Here's the lowdown on what they bring to the table:
- Enterprise-level support: They've got your back with a ton of Smart Office Setup and Phone & Tablet Repair services to keep your business running like a well-oiled machine.
- Lifecycle Management: Your devices are covered from start to finish, from advanced exchanges to responsible recycling.
- Localized Solutions: Flexible scheduling and on-site techs for instant repair action when you need it.
Fixt is all about revolutionizing device support, using crazy data analytics to come up with insights that take their customer support game to the next level.
Their whole service is built around these key principles:
- Accessibility: 24/7 support, including on-site techs, so you never have to sweat any operational hiccups.
- Speed: Quick-fix solutions with their comprehensive device support platform, offering all kinds of repair services.
- Customization: Services tailored to fit your business or home setup, ensuring your devices stay in tip-top shape.
The numbers don't lie – Fixt is growing like crazy, with major companies lining up for their rock-solid mobile support.
Their CEO is all about empowering customers and delivering top-notch service, summing up their mission as "connecting people to pros without any hassle." With their experienced tech team and flexible operations, Fixt is leading the charge in making efficient mobile maintenance the new normal.
So, if you're looking to keep your devices in fighting shape, these are the guys to call.
Vasoptic Medical Inc
(Up)There's this dope company called Vasoptic Medical Inc based in Baltimore, and they're making some serious waves in the medical imaging game.
They've got this sick device called the XyCAM RI that can monitor your retinal blood flow without any invasive procedures. Talk about a game-changer!
You know how diabetes can mess with your eyes? Well, this XyCAM RI gadget could be a total lifesaver for the one-third of adults worldwide who are dealing with that.
And with diabetes rates expected to skyrocket even higher by 2045, it's clutch that Vasoptic is developing tools to help catch problems early and potentially prevent diabetes-induced blindness.
The XyCAM RI has already scored FDA approval for use in eye clinics and such, so you know it's legit.
Not only could it improve patient outcomes, but it might also help cut healthcare costs in the long run. Vasoptic is straight-up leading the charge in healthcare innovation with their cutting-edge imaging tech and commitment to expanding telehealth options.
With some grants from the National Institutes of Health, including a two-year Small Business Innovation Research grant, they're exploring how their imaging solutions could benefit a whole range of other conditions and global health efforts.
These folks are really thinking ahead and pushing the boundaries of what preventative medicine can look like. Vasoptic is definitely a Baltimore tech company to keep your eyes on (pun intended)!
Allovue
(Up)Let me tell you about this dope company called Allovue. They're all about helping schools manage their money in a smart way, using the latest tech.
Their software is designed specifically for K-12 districts, charter schools, and state education agencies, and it's like a game-changer.
Their flagship platform, Balance, is like a financial wizard that brings together all the complicated money data and helps schools distribute funds accurately and fairly.
And some districts saw a 15% improvement in budgeting effectiveness after using it. That's huge! Tech experts in education and finance are taking notice.
But Allovue isn't just about crunching numbers.
They're all about making complex data easy to understand with cool graphics and charts. Design is key when it comes to making sense of financial data and engaging users.
And it's not just about the money, either.
Allovue's software helps everyone involved in the budgeting process collaborate and make decisions together on a single platform. It's like a virtual brainstorming session, but for school budgets.
Allovue is all about transparency and tracking where every dollar goes, so you can see how it's impacting student achievement.
They're serious about fiscal responsibility.
And the future looks even brighter. Allovue is working on incorporating AI to make their financial modeling and forecasting even more accurate.
That means more opportunities for tech-savvy folks who are into data analysis, software engineering, and AI.
They're even exploring predictive analytics, which is like having a crystal ball for managing school resources.
And as their CEO said,
We're not solely about managing finances; it's about fostering our children's prospect,
which is a philosophy that really hits home in the edtech world.
So if you're into making a real impact on education while getting your tech fix, Allovue might be the place for you.
They're paving the way for smarter school budgeting and creating a whole new playing field for tech professionals who want to make a difference.
Atana
(Up)Baltimore's tech scene is lit, and Atana is one of the hottest players out there. These guys are like top tech companies, but they're all about keeping your cloud safe.
They're run by some real OGs who saw the cloud security threats coming from a mile away, so they got Atana locked and loaded to protect your data and privacy.
Their security tools are straight fire, mixing encryption with real-time threat detection and AI-powered incident response.
Thanks to Atana, their clients are with a sick 99.5% success rate against security attacks. These guys are killing it! They even got named 'Baltimore's Best Tech Startup' in 2023, which is a major flex.
But Atana ain't stopping there.
They're all about reshaping cloud security norms with their agility and cutting-edge cloud tech. They're leveling up their machine learning game to not just react to threats but to prevent security flaws before they even happen.
Their CEO said,
"Our 2024 roadmap is set on utilizing AI not merely as a defense but as a preventative force,"
which means they're gonna be proactive AF. Plus, they're dropping 30% more cash into R&D, so you know they're serious about staying ahead of the curve.
Atana is making waves in the cloud security game, not just in Baltimore but on a global scale.
If you're a tech bro who knows what's up, you gotta keep your eye on these guys. They're about to shake things up in a major way!
Hungry Harvest
(Up)Check this out! There's this dope company called Hungry Harvest that's making waves in the tech game, but they're all about fighting food waste.
Can you believe that in the US alone, they waste like 30 million acres of cropland and 4.2 trillion gallons of water every year?
Hungry Harvest started as a spin-off from another UMD project called Food Recovery Network.
Their mission is to use tech to recover all the surplus produce that would otherwise go to waste and get it to people who need it. So far, they've saved over 27 million pounds of produce from becoming trash, and through their reduced-cost markets and emergency food box programs, they've supplied over 1.7 million pounds of food to people struggling with hunger.
When COVID hit, their Food as Medicine programs became super important, and they saw a 95% reduction in food insecurity among people they worked with at Westside Family Health.
And just this year, they reached 100 active partnerships, making them major players in the agri-tech game.
But they're not just saving "ugly" produce.
Hungry Harvest uses advanced logistics algorithms and blockchain tech to make their deliveries more efficient and track their products from the farm to your doorstep.
They even have a consumer app to make sustainable consumption easier. Their CEO, Evan Lutz, says they're "not only fighting food waste but also crafting a smarter, more responsible food system."
With all the innovative tech they're using, Hungry Harvest is leading the way in making the food industry more sustainable and eco-friendly.
If more companies follow their lead, they could have a huge global impact as an example of how tech can be used for good.
Conclusion
(Up)Baltimore's tech scene is lit AF! You got startups poppin' up left and right in some hella hot markets. Check it out: ZeroFox is killin' it in cybersecurity, tackling the crazy 300% spike in cybercrimes since 2015.
They're tight with the financial security OGs like Transamerica and StarCompliance, 'cause Baltimore's got mad experts in that field. Then you got Protenus leading the charge in healthcare data analytics, which is clutch AF after all those breaches that hit over 113 million Americans.
Data protection is a must, and they're on it, just like T. Rowe Price with their tight data and client game.
Catalyte is sparking some serious fire in software innovation, with the market set to blow up by 11% CAGR through 2023.
Baltimore's got mad tech education muscle, thanks to the Maryland Innovation Initiative.
The digital health market is about to hit $379 billion by 2024, and b.well is on it with their dope personal health app. Gotta love a city that mashes tech and wellbeing, right? Fixt is also killin' it, tackling mobile device maintenance after over half of smartphone users reported issues.
They're all about practical solutions, just like the tech community here.
In medtech, Vasoptic Medical Inc. is crushing the imaging tech game, which is set to hit $5.1 billion.
They're reppin' Baltimore's cutting-edge healthcare institutions. Allovue is straight-up schooling the educational finance scene, riding the wave of the expected 18.7% rise in tech-driven educational spending.
Baltimore's edtech game is strong. Atana is locking down cloud security, which is a must-have with 90% of enterprises using cloud services. It's like the Orioles' inclusive hiring efforts in tech, ya feel me? And Hungry Harvest is tackling food sustainability, fighting the crazy 63 million tons of food wasted annually.
They're in sync with local initiatives that engage communities in responsible consumption.
These startups aren't just leading the pack, they're steering Baltimore's tech scene towards a lit AF future.
We're talking a $9 billion economic impact by 2024, cementing Baltimore as a legit tech hub.
Frequently Asked Questions
(Up)Which are the top 10 startups in Baltimore to watch out for in 2024?
The top 10 startups in Baltimore to watch out for in 2024 are ZeroFox, Protenus, Catalyte, b.well, Fixt, Vasoptic Medical Inc, Allovue, Atana, and Hungry Harvest.
What industries do these Baltimore startups specialize in?
These Baltimore startups specialize in various industries such as cybersecurity, healthcare analytics, predictive analytics, health data integration, device support, medical imaging, edtech finance solutions, and cloud security.
What recognition or awards have these Baltimore startups received?
ZeroFox received the CyberSecurity Breakthrough award, Protenus was honored as the #1 Healthcare Compliance Analytics Platform by KLAS, and Atana was recognized as 'Baltimore’s Best Tech Startup' in 2023.
How are these startups contributing to the tech ecosystem in Baltimore?
These startups are contributing to the tech ecosystem in Baltimore by driving innovation, creating job opportunities, impacting their respective industries, and reshaping the tech landscape of the city.
What future trends and opportunities do these Baltimore startups represent?
These Baltimore startups represent future trends in AI integration, predictive analytics, healthcare technology, sustainability, and data protection. They also offer opportunities in cybersecurity, healthcare analytics, software development, edtech, and cloud security.
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Ludo Fourrage
Founder and CEO
Ludovic (Ludo) Fourrage is an education industry veteran, named in 2017 as a Learning Technology Leader by Training Magazine. Before founding Nucamp, Ludo spent 18 years at Microsoft where he led innovation in the learning space. As the Senior Director of Digital Learning at this same company, Ludo led the development of the first of its kind 'YouTube for the Enterprise'. More recently, he delivered one of the most successful Corporate MOOC programs in partnership with top business schools and consulting organizations, i.e. INSEAD, Wharton, London Business School, and Accenture, to name a few. With the belief that the right education for everyone is an achievable goal, Ludo leads the nucamp team in the quest to make quality education accessible