Raleigh's Top 10 Startups That Tech Professionals Should Watch Out For in 2024

Pendo is on fire, smashing records left and right when it comes to product engagement! Their whole thing? Helping companies make products that people actually love by giving them the lowdown on how users are interacting with their stuff.

And how do they pull it off? With their stacked arsenal of tools:

• Product Analytics: Follow the user journey, find where they're getting stuck, and optimize their experience.
• In-App Messaging: Slide those helpful guides and messages right into the app, exactly where users need them.
• Feedback Management: Get the scoop on what users are feeling, then use that to keep improving things.

Pendo keeps leveling up.

In 2023, they raked in a mind-blowing $150 million in funding, putting the company's value at a massive $3.5 billion! And their user base? A crazy 1,000+ customers across all kinds of industries.

As Pendo's CEO Christopher Smith said, "We're just getting started on our mission to revolutionize how companies create value through software." Mark my words, this Raleigh-based startup is about to make some serious waves in 2024! And if you're looking to land a tech job in Raleigh, keeping an eye on powerhouses like Pendo is a must.

Tethis is making waves with their plant-based, degradable superabsorbents that let consumers ditch plastics guilt-free. This Raleigh startup, led by new CEO Robin Weitkamp, is on a mission to replace petroleum-based products with eco-friendly alternatives derived from corn starch.

Their game-changer? Super absorbent polymers destined for diapers that'll have babies rocking a green footprint from day one.

But Tethis isn't just making parents feel better about their diaper stash.

They're innovating across the board with patented tech that transforms plant-based materials into sustainable products. Think stain-resistant fabrics for Fashion Institute of Technology students to design with, or packaging that decomposes after use.

The possibilities are endless when you've cracked the code on renewable resources that rival conventional plastics.

Tethis stumbled upon these breakthrough applications while bringing their diaper polymer to market.

Now, they've launched a separate venture to capitalize on their discoveries, proving innovation often stems from unexpected directions. With $17.6 million in fresh funding, Tethis is gearing up for serious expansion, determined to be a driving force in the biochemical revolution that's shaking up industries worldwide.

Republic Wireless is seriously shaking up the wireless game. This Raleigh-based company, founded in 2011, wants to make staying connected affordable for everyone.

Their approach is pretty brilliant - phones automatically hop on WiFi whenever it's available, only using cellular data when needed.

Genius! It slashes data costs big time.

But that's not all - Republic Wireless has some seriously sweet unlimited plans starting at just $20 per month.

You can even bring your own compatible phone, so no dropping cash on new hardware. With deals like that, it's no surprise they've racked up over 1 million subscribers as of 2022.

Analysts predict that number could hit 1.25 million by the end of 2024!

Republic Wireless is setting the bar for the industry. Even major carriers are following their lead and offering WiFi-first services to cut costs for customers.

Christopher Moore, the co-founder and CEO, shared how Republic Wireless is "delivering remarkably simple and affordable ways for people to stay in touch." It's clear this innovative approach is resonating, and larger players are taking notes.

Check out insightsoftware, a financial intelligence software company that's been taking Raleigh by storm since 2018.

These are all about empowering businesses with real-time data and analytics, making it easier to manage financial operations and make smart decisions. And they're not just some small-time players – they've got a rapidly growing global reach.

At the heart of insightsoftware's offerings is their suite of financial reporting and enterprise resource planning (ERP) solutions.

They've got this cloud-based platform called Certent Disclosure Management that streamlines financial reporting, making it a breeze for companies to file regulatory documents like 10-Ks and 10-Qs.

And Bizview Analytics, an advanced business intelligence tool that integrates data from multiple sources, giving you interactive dashboards and customizable reports.

According to a recent industry report, insightsoftware has snagged over 25% of the global financial reporting software market, cementing their position as a leader in the financial sector.

And they're not stopping there – they've teamed up with big players like Microsoft, SAP, and Oracle, ensuring their solutions seamlessly integrate with existing enterprise systems.

This collaborative approach has empowered organizations to unlock valuable insights from their financial data, driving informed decision-making and fostering sustainable growth.

Check this out - PrecisionHawk is absolutely killing it with their aerial data game! These guys use drones to gather some seriously detailed info and visuals from pretty much anywhere.

In 2024, they're taking things to the next level with even better drone tech and data processing capabilities.

Drones have become essential for data collection, allowing them to survey massive areas with pinpoint accuracy and efficiency.

PrecisionHawk's drones are decked out with specialized sensors and cameras, so they can gather vital data on:

• Agriculture: Keeping tabs on crop health, predicting yields, and precision farming
• Construction: Mapping sites, tracking progress, and managing resources
• Energy: Inspecting solar panels, monitoring pipelines, and managing assets

This raw data gets processed through their proprietary software, giving clients across various industries some seriously insightful analytics.

This year, PrecisionHawk is locking in some major collaborations and projects that showcase their top-notch capabilities.

They've got a sweet partnership with the North Carolina Department of Transportation, where their drones will be used for infrastructure inspections and maintenance planning.

Plus, they're teaming up with Duke University to advance drone-based environmental monitoring techniques, focusing on forestry and preserving biodiversity.

As the demand for aerial data analysis continues to skyrocket, PrecisionHawk's innovative solutions put them at the forefront of this exciting field.

According to Michael Chasen, the CEO of PrecisionHawk,

"Our mission is to empower organizations with the most comprehensive and accurate data, enabling them to make informed decisions that drive efficiency, sustainability, and progress."

With their cutting-edge approach, these guys are definitely ones to watch in the aerial data game.

TruVitals, this sick healthcare tech company based right here in Raleigh, is changing the game when it comes to monitoring health.

Their mission? To hook up healthcare pros and patients with accurate, real-time health data and insights using cutting-edge tech. As we're heading into 2024, TruVitals is about to take things to the next level.

They've got this wireless, wearable vital signs monitoring system that's straight-up genius.

It captures and sends key health metrics like heart rate, respiration, and body temp to healthcare providers without missing a beat. By offering continuous, remote monitoring capabilities, TruVitals is aiming to level up patient care, reduce hospital re-admissions, and improve overall health outcomes.

According to a recent study, TruVitals' wearable devices have shown a 95% accuracy rate in vital sign monitoring, blowing traditional methods out of the water.

TruVitals' healthcare solutions are a game-changer for both healthcare providers and patients:

• For Healthcare Providers:
  • Real-time access to patient data, enabling quick interventions. It transforms healthcare efficiency.
  • Streamlined workflow with remote monitoring capabilities. This enhances operational processes.
  • Enhanced clinical decision-making through data-driven insights. It supports better health outcomes.

• For Patients:
  • Improved quality of care through continuous monitoring. It provides better patient experiences.
  • Greater autonomy and convenience with remote monitoring options. This offers freedom and ease.
  • Empowerment through access to personal health data. It fosters patient engagement.

As TruVitals keeps innovating and expanding their offerings, their impact on the healthcare industry is set to skyrocket.

"Our goal is to transform healthcare delivery by bridging the gap between patients and providers through innovative technology solutions,"

said TruVitals' CEO, Sarah Garcia, in a recent interview.

With a focus on improving patient outcomes and healthcare accessibility, TruVitals is definitely a startup to keep an eye on in 2024.

Check this out - Pattern Health is killin' it in the digital health game! These innovators were founded back in 2016 with a mission to improve people's health and make 'em happier.

Their story is pretty dope - they developed this innovative platform that's helped researchers and healthcare pros conduct their studies in a way more efficient and effective way.

Pattern Health is powering clinical trials and digital interventions for some of the biggest names in the academic, CRO, and life science worlds.

They've got a slogan that says it all: "Less Hassle. More Impact." Their website lists out some of the rad studies they've supported, like monitoring symptoms and providing support for young women with breast cancer, helping heart failure patients manage their condition, and improving medication adherence for folks with type 2 diabetes.

What really sets Pattern Health apart is their no-code tools and configurable automation rules that make setting up studies a breeze.

Plus, their platform integrates with all sorts of devices and services, so you can collect data from wearables, apps, you name it.

And the best part? Their clinical trial solution delivers experiences that patients and study teams actually enjoy using.

No more clunky, outdated interfaces – Pattern Health is bringing the heat with user-friendly designs that boost retention and adherence. If you're in the healthcare world and want to stay ahead of the curve, you gotta keep your eyes peeled for Pattern Health!

Check this out - K4Connect is one of those game-changing startups that's totally shaking up how we approach senior living. These are all about using smart tech to make life easier and more awesome for our grandparents and folks with disabilities.

Their mission is to bridge the gap between cutting-edge innovations and the often overlooked older adult community.

At the core of K4Connect's offerings is K4Community, a suite of integrated smart products designed to help seniors live more independently while keeping staff and families in the loop.

We're talking voice assistants like Alexa to control their home setup, telehealth for virtual doc visits, sensors to monitor activity and safety, and personalized content streaming.

It's like having a high-tech personal assistant catered to their needs.

But it's not just about the cool features - K4Connect is scoring major partnerships with top senior living providers.

They've teamed up with giants like Life Care Services and Bright View Senior Living, proving their solutions deliver real results.

One case study showed a 25% boost in resident satisfaction and a 12% drop in staff turnover at communities using their platform.

With ambitious plans to reach over a million seniors by the end of 2024, K4Connect is accelerating their expansion after securing new investments.

If you're in the senior living world or care about empowering older adults through innovative tech, this is definitely a startup to keep your eye on.

Check out Diveplane, an AI company in Raleigh that's changing the game with their explainable AI tech. They're all about making AI systems that don't just spit out predictions but actually explain their reasoning, which is crucial for building trust.

No more sketchy "black box" AI that keeps you in the dark.

• Explainable AI is transforming industries like healthcare, finance, and manufacturing.
• In healthcare, doctors can understand why an AI made a certain diagnosis or treatment recommendation, aiding better decisions.
• In finance, it ensures transparency for tasks like credit scoring and fraud detection, promoting fairness and compliance.
• In manufacturing, it can identify potential issues by explaining decision-making in quality control, supply chains, and predictive maintenance.

A study by IBM found that a whopping 63% of organizations cited "lack of trust" as the biggest barrier to AI adoption.

Explainable AI benefits like the ones Diveplane is bringing to the table are the key to unlocking AI's true potential and making it trustworthy.

As Dr. Michael Kearns, Chief Scientist at Diveplane, put it,

"Our goal is to create AI systems that are not only accurate but also transparent, interpretable, and trustworthy."

With the rise of AI, companies like Diveplane that are pioneering explainable AI are the ones to watch.

They're paving the way for responsible and ethical AI development, and that's a trend we can all get behind.

Have you heard of Photofy? This Raleigh startup is totally killing it when it comes to making visual content creation super easy and fun.

They started out in 2013 with the goal of building the world's most powerful tool for creating social media graphics, and they've grown a ton since then.

Picture this: you need to make an Instagram post or Facebook ad, but you don't have the skills or time to design something from scratch.

With Photofy, you can just pick a pre-made template, add your own photos or text, and boom – you've got a professional-looking graphic ready to share in like 30 seconds.

Plus, they've got an insane library of over 1 million stock images, fonts, and graphics to choose from, so you'll never run out of fresh content ideas.

But that's not all – Photofy has some seriously cool features lined up for 2024.

They're talking about augmented reality integration for creating wild immersive experiences, real-time collab tools for working with your squad, and even analytics to track how your content is performing.

It's like having a whole creative agency in your pocket.

Photofy is huge here in Raleigh. Last year alone, they had over 20,000 local users making fire content with their app.

Even the National Association of Realtors has teamed up with Photofy to help real estate agents create branded social media graphics and really stand out online.

If you're trying to level up your content game, Photofy is definitely one to watch out for in 2024.

Check this out! To find the dopest startups in Raleigh for 2024, we did some serious digging. We looked at cutting-edge tech, game-changing innovations, and the companies that are set to blow up the scene.

We weren't just looking for the next big thing, but the startups that are truly disrupting their industries and changing the game.

First off, we checked out the hottest startups on that "Rocket Ship" list - you know, the ones that are growing insanely fast and hiring like crazy.

We also looked at the ones backed by the heavy hitters in the VC world, 'cause those investors know what's up. But funding and growth alone weren't enough - we wanted startups that are doing something genuinely groundbreaking and have the potential to shake things up in a major way.

Of course, we had to dig deeper than just the hype.

We scoured industry reports, tech blogs, and even hit up some folks at Nucamp for the inside scoop on the top tech companies in Raleigh.

We wanted to find the startups that are truly pushing boundaries, whether it's with AI, sustainable tech, or something totally out of left field. And let's not forget about the ones that are racking up awards and getting major recognition from the big dogs in the tech world.

At the end of the day, we're not just looking for the next unicorn or the hottest new app.

We want the startups that are doing something meaningful, something that's gonna change the world (or at least our corner of it). So if you're looking to get in on the ground floor of something huge, keep an eye on these companies - they're about to blow up in a major way.