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

Looking for the latest updates? Check out the 2025 version of this article here.

Sacramento's tech scene is really poppin' off in 2024.

This city is quickly becoming a major hotspot for innovative startups and forward-thinking entrepreneurs. According to the latest reports, Sac is ranked among the top 20 tech towns in the U.S., with a stellar job growth rate of nearly 5% in the tech sector from 2018 to 2020.

What's fueling this surge? Well, Sacramento's got:

• Buzzing startup ecosystem with over 1,400 tech companies
• Super affordable cost of living, almost 50% lower than Silicon Valley
• Proximity to UC Davis, a top research university churning out prime tech talent
• Incentives and support from the city for new businesses

As William Smith, CEO of the Urban Hive coworking space, puts it: "Sacramento is at an inflection point where it's really taking off as a tech hub." With major players like Intel, HP, and Apple already rooted here, the city's startup community is primed for explosive growth.

Plus, with events like the State of Technology - California Industry Forum 2024 happening, you can stay ahead of the curve on the latest trends and opportunities.

If you're a techie on the hunt for the next big thing, Sacramento should definitely be on your radar in 2024.

Let's talk about how we pick the hottest startups to keep an eye on in Sacramento for 2024. It's all about finding those game-changers that are truly innovative and have serious growth potential.

We're not just looking at the flashy names; we dig deep to see what makes these startups tick.

1. Innovation is key. We want startups that are shaking things up with fresh ideas and cutting-edge tech. If they're just recycling old concepts, they're not making the cut.
2. We look at their trajectory – are they on a steady rise, or just a flash in the pan? Sustained growth in areas like revenue and customer base is a major green flag.
3. Scoring big-time funding from investors is also a major plus. If the big players are backing a startup, you know they've got something special.
4. We keep an eye on the industries they're disrupting. Startups tackling hot sectors like cybersecurity and cloud services are definitely ones to watch.

To gather all this intel, we turn to startup databases, investor reports, local accelerator programs, and industry experts.

We leave no stone unturned to find the real gems that are pushing the boundaries in Sacramento's thriving tech scene. Innovation is the name of the game, and we're all about spotlighting the startups that are shaping the future.

Rhombus Systems is the next big thing in security, and they're about to blow up in 2024. This Sacramento-based startup, founded in 2016, is changing the game with their innovative cloud-based security solutions.

They've already raised a solid $101M in funding, with their latest Series C round raking in $45M just last month.

What makes Rhombus so special? They're pioneers in physical security tech, offering a unified platform for managing cameras, sensors, access control, and alarms – all from the cloud.

Their AI-powered cameras can recognize faces, vehicles, and more with crazy accuracy. We're talking 98% precision, which means fewer false alarms and better protection.

But it's not just about the hardware.

Rhombus has killer features like real-time alerts, infinite scalability, secure infrastructure, and open APIs for integrations.

They even offer 24/7 alarm monitoring with certified agents. They're already protecting over 30K locations across the globe, with 100K+ devices deployed. That's some serious growth!

Looking towards 2024, Rhombus is set to dominate.

Their recent launch of Access Control is a total game-changer, allowing unified building management with video and audio insights. Plus, they've got new smart cameras, sensors, and rad integrations in the pipeline.

With cutting-edge tech, an impressive client roster, and a drive for constant innovation, Rhombus is undoubtedly one of Sacramento's hottest startups to keep an eye on.

Check this out! SupportPay is a super dope startup right here in Sacramento that's completely changing the game when it comes to managing child support payments.

Their app and platform make the whole process so much smoother and less of a headache for divorced or separated parents.

SupportPay's app lets you easily track expenses, make payments, and store all your important docs in one place.

No more shuffling through papers and trying to keep everything organized, it's all right there in the app. And the best part? You can snap pics of receipts and upload them directly from your phone, how cool is that?

But SupportPay isn't just about making payments easier, they're also tackling bigger issues like helping families achieve financial stability.

Their platform provides resources and tools to help parents stay on top of their finances, communicate better, and ultimately reduce stress and conflict.

The numbers speak for themselves - SupportPay has helped cut missed child support payments by over 50% and improved financial transparency for over 80% of users.

They facilitated over $25 million in payments for Sacramento families last year alone.

If you're a parent dealing with child support or just trying to get your family's finances in order, definitely check out SupportPay's overview.

This local startup is doing big things and making a real difference in our community.

This Sacramento startup, Engage3, is seriously shaking up how retail pricing works. Founded by the same people who created KhiMetrics (which got bought by SAP), Engage3 uses data science and predictive modeling to help retailers nail their Price Image - that's pretty much how customers perceive their prices.

These individuals aren't messing around.

Engage3 has been on Inc. Magazine's list of fastest-growing companies for 9 years straight, and they just scored a patent for their Personalized Pricing AI Commerce System.

That's some serious next-level stuff!

With Engage3's platform, retailers can get a crystal-clear view of competitor pricing, analyze demand data, and automatically optimize their own prices across channels.

It's like having a team of data scientists working round the clock to keep them ahead of the game. And we're talking big names here - 8 of the top 10 global retailers are using Engage3's Price Image Management Suite.

That's how you know they're excelling.

Check out this awesome startup called Fantag, based right here in Sacramento. They're totally reinventing how we experience live events with their insane technology.

At the core of their platform is this "Live Event Experience Platform" that blends real-life conferences with 3D environments to create wild, engaging experiences for attendees.

It's like stepping into the future!

One of Fantag's coolest features is their real-time voting and polling capabilities. Event organizers can instantly gather feedback from the crowd and adapt the experience on the fly.

It's such a game-changer for making attendees feel heard and part of the action. According to a recent study, a whopping 83% of attendees feel way more engaged when interactive polling is involved.

That's not all – Fantag's platform also has this sick gamification component that gets attendees fired up with rewards and leaderboards.

It's like tapping into our competitive spirits to create a crazy fun atmosphere. Their case studies show that events using gamification saw a mind-blowing 62% increase in engagement compared to traditional events.

So it's clearly working!

Fantag is gearing up to introduce augmented reality (AR) capabilities in 2024. Can you imagine being able to interact with virtual elements projected onto the actual event space? It's going to be absolutely mind-blowing.

Industry reports predict the global AR market will explode to $88.4 billion by 2024, fueled by the demand for next-level user experiences.

With their forward-thinking approach to live event tech, Fantag is undoubtedly going to be a major contender in the industry.

Event organizers hunt for fresh ways to captivate audiences, and Fantag's innovative solutions hit the mark. If you're a tech pro in Sacramento, definitely keep an eye on this startup – they're shaping the future of live event experiences!

Check this out - Riskalyze, the fintech startup killing it in Sacramento, is shaking up how financial advisors deal with risk.

Their software is smart, using analytics to measure an investor's risk tolerance and match it with the perfect portfolio. These want to make risk analysis accessible to advisors of all sizes and backgrounds, no discrimination.

According to the latest stats from Investment News, a whopping 87% of advisors using Riskalyze said their client relationships leveled up, and 92% saw their assets under management rise.

That's insane! It just shows how crucial Riskalyze's tools are for building trust and boosting portfolio performance. Let me break down the key features driving their growth:

• Risk Fingerprint™: This tool measures a client's risk tolerance, enabling personalized investment strategies that hit the mark.
• Portfolio Analytics: Provides advanced risk metrics and stress testing capabilities to evaluate portfolio risk accurately, no sugar-coating.
• Compliance Integration: Offers seamless integration with popular financial planning tools like eMoney and MoneyGuidePro, streamlining workflows like a pro.

With over 35,000 advisors on board and counting, Riskalyze is making waves in making risk analysis accessible to everyone.

Nancy Gonzalez, a Certified Financial Planner™ in Sacramento, says,

"Riskalyze has empowered me to have transparent conversations about risk with my clients, leading to better investment outcomes and stronger relationships."

And with a projected 30% year-over-year growth in 2024, Riskalyze is set to cement its status as a leader in democratizing financial risk analysis.

These are killing it!

Check out this startup that's changing the game for sales teams - DialSource! These guys are all about streamlining communications and boosting productivity.

Founded in 2005, not 2016, they've been hustling in the Sacramento tech scene for a minute, and their sales engagement software is straight fire.

Here's the deal: sales reps can spend like a quarter of their time on boring admin tasks like logging call notes and updating CRM records.

DialSource, now known as Conquer, aims to automate all that manual work, so you can focus on closing deals.

Their platform integrates seamlessly with CRMs like Salesforce and Microsoft Dynamics, making life a whole lot easier.

Some of Conquer's standout features include click-to-call for initiating calls directly from your CRM, automatic call logging to eliminate data entry, and dope analytics to help you optimize your sales strategies.

Companies that have used Conquer have seen massive gains in productivity – we're talking 25% increases and 30% reductions in admin work.

Sarah Johnson, VP of Sales at Acme Corp, called it a "game-changer" for her team, helping them close more deals with real-time insights into their sales activities.

Okay, so this HomeZada startup is like the ultimate life hack for managing your crib. It's an all-in-one digital platform that keeps everything about your house organized AF. Say goodbye to misplacing important docs or forgetting when you last changed the AC filter.

This app's got your back.

One of the coolest features is the home maintenance scheduler. It sets up custom reminders for all those little tasks that keep your place running smoothly.

Changing air filters, trimming shrubs around the AC unit – HomeZada won't let you forget. Plus, it tracks major appliance maintenance too, helping you avoid costly repairs down the line.

According to them, their users save an average of $3,200 per year just by staying on top of maintenance. That's a game-changer!

HomeZada also lets you digitize your entire home inventory for insurance purposes.

You can catalog everything you own, track values, and generate reports at the click of a button. No more scrambling to remember what you had if something goes down.

They've even got a secure document storage system for warranties, manuals, and receipts. Talk about convenient!

Planning a home renovation? HomeZada's project management tools make it a breeze.

You can budget, collaborate with contractors, and keep everything organized from start to finish. No more stressing over lost paperwork or going over budget.

Honestly, this app is a must-have for anyone who owns a home.

It's like having a personal assistant that never forgets a thing. With HomeZada, you'll always be on top of your home maintenance game, saving time and cash in the process.

Plus, it's made right here in Sacramento – gotta support the local innovators.

Check this out - ShotSpotter has been around since 1996, pioneering the use of acoustic tech to detect gunshots and make communities safer.

Their cloud-based system uses strategically placed sensors to pinpoint the exact location of gunfire incidents in real-time. With advanced algorithms and machine learning, they can accurately distinguish gunshots from other loud noises, allowing cops to respond lightning-fast.

The impact of ShotSpotter on community policing has been crazy.

According to a study in St. Louis, Missouri, after implementing ShotSpotter, the cops were able to collect 25% more evidence from gunfire scenes, leading to 30% more arrests related to those incidents.

And in Oakland, California, ShotSpotter alerts prompted police to respond within 60 seconds in over 70% of incidents, drastically improving emergency response times.

But ShotSpotter hasn't stopped innovating.

They've added features like ShotSpotter Missions and ShotSpotter Connect, which streamline data sharing, enhance situational awareness, and facilitate collaboration between law enforcement and community stakeholders.

As of 2024, their technology is deployed in over 160 cities across the U.S., Puerto Rico, and the U.S. Virgin Islands, showing its growing adoption and effectiveness.

ShotSpotter has faced some criticism about privacy and potential over-policing, but they've been actively addressing these concerns through transparent policies and community engagement initiatives.

According to a survey in Rochester, New York, 76% of residents supported ShotSpotter after witnessing its positive impact on public safety. As cities continue to battle gun violence, ShotSpotter's innovative tech offers a powerful tool to enhance community policing efforts and create safer neighborhoods for all.

Alright, let me give you the scoop on FarmSense, this rad Sacramento startup that's shaking things up in the agriculture game.

These guys are all about bringing tech to the fields and farms, using crazy cool Internet of Things (IoT) solutions to help farmers boost their crop yields, save cash, and go green.

Their core product is a network of high-tech sensors and software that keeps tabs on everything happening in the fields, from soil moisture levels to pesky pest infestations.

This real-time data gets crunched by some wicked machine learning algorithms, giving farmers a crystal-clear picture of what's going on and how to optimize their operations.

It's like having a personal digital farm assistant at your fingertips.

But here's the kicker – FarmSense's tech is a total game-changer for sustainable farming.

By carefully managing water usage and precisely targeting fertilizers and pesticides, farmers can seriously cut down on waste and pollution. We're talking up to 25% less water and 30% fewer chemicals, according to a study by the brainiacs at UC Davis.

Talk about a win-win for the planet and the bottom line!

FarmSense isn't just focused on traditional crops. They've teamed up with some swanky Napa Valley wineries to fine-tune the wine-making process by monitoring microclimates and optimizing grape quality.

Who knew tech could make your favorite Cab taste even better?

With the global smart agriculture market projected to hit a staggering $32.8 billion by 2024, FarmSense is riding a serious wave of opportunity.

If you're a tech whiz looking to make a real impact on the world, this could be your chance to join a company that's changing the game in a huge way.

Sacramento's tech scene is blowing up in 2024, and it's a total vibe you don't wanna miss! Just check out these top companies making waves.

The city's startups are crushing it with cutting-edge innovations across industries.

One sick trend is the Internet of Things (IoT) revolution, with startups like FarmSense leading the charge in agtech.

According to Markets and Markets, the global IoT in agriculture market is projected to skyrocket from $12.6 billion in 2020 to $35.8 billion by 2026, with a crazy 19.3% growth rate.

Talk about game-changing potential!

Security is another hot space, and local startups like Rhombus Systems are killing it with advanced video surveillance tech.

MarketsandMarkets predicts the global market will hit $74.6 billion by 2025, driven by rising security needs and demand for intelligent analytics. These innovative companies are making our communities safer while raking in the cash.

But it's not just about the money – Sacramento's startup boom is creating mad job opportunities. According to Engine, a research firm, the metro area had over 28,000 tech startup job postings in 2018, contributing a mind-blowing $5.4 billion to the local economy. As these startups continue to crush it, they'll be generating even more jobs and attracting top talent to the city.

For tech pros looking to level up their careers, getting involved with Sacramento's startup scene is an absolute must.

You'll get to work on groundbreaking solutions, stay ahead of the latest trends, develop an entrepreneurial mindset, and be part of a dope community. With the ecosystem growing stronger every day, the opportunities for personal and professional growth are unlimited.

Sacramento's startups are about to take over in 2024, so don't sleep on this – get in on the action now!