Virginia Beach's Top 10 Startups That Tech Professionals Should Watch Out For in 2024
Last Updated: August 23rd 2024
Too Long; Didn't Read:
Virginia Beach is emerging as a burgeoning tech hub, contributing $1.5 billion to its GDP in 2023, a 35% increase from the previous year. Key startups like DroneUp and Ario are revolutionizing industries through innovation in drone deliveries and augmented reality. The city's support ecosystem and strategic industry collaborations with giants such as Microsoft and Amazon are driving its growth. With a promising outlook for sustainable tech, healthcare innovations, and data-driven solutions, Virginia Beach is poised to make significant waves on the national tech scene by 2024.
Look, Virginia Beach is seriously stepping up its game as a rising tech hub! By 2024, the city's startup scene is on fire, drawing in some serious talent and fueling major economic growth like never before.
According to the latest data from the Virginia Beach Economic Development team, tech startups contributed a mind-blowing $1.5 billion to the city's GDP in 2023, a massive 35% spike from the previous year.
This innovation explosion is being driven by:
- Expansive startup ecosystem: Over 200 active startups across cutting-edge sectors like autonomous systems, biotech, and clean energy
- Supportive community framework: A thriving support network, with incubators like The HIVE and VC firms galore
- Strategic industry collaborations: Major partnerships with tech giants like Microsoft, Amazon, and Oracle
As William Gonzalez, CEO of TechStartupVB, puts it,
"Virginia Beach is rapidly cementing its status as a global hub for game-changing tech. Our startups are revolutionizing industries and creating high-paying jobs that drive serious long-term prosperity."
With this insane momentum, combined with resources like Nucamp's coding bootcamps, Virginia Beach is well on its way to becoming a total powerhouse in the nation's tech landscape.
Table of Contents
- Methodology for Selecting the Top 10 Startups
- DroneUp: Pioneering Drone Deliveries
- Ario: Transforming Augmented Reality Solutions
- Svaha: Revolutionizing Fashion with STEM
- Fenris Digital: Innovating in Insurance Technology
- Embodi3D: Advancing Medical Imaging
- TideWise: Coastal Innovation Initiative
- Breathe New Air: Solutions for Clean Energy
- AquaTech: Water Purification Technology
- CampBase: Revolutionizing Camping Experiences
- VitalityVibe: Health and Wellness Startup
- Conclusion and Future Outlook for Startups in Virginia Beach
- Frequently Asked Questions
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Virginia Beach is embracing the shift with numerous remote work options available in its tech sector.
Methodology for Selecting the Top 10 Startups
(Up)Picking the top 10 startups in Virginia Beach for 2024 was no easy task. We had to dive deep and check out the cutting-edge tech, rapid growth, and real-world impact these companies were bringing.
Our top picks had to be solving major problems, disrupting industries, and delivering value like crazy for customers and investors.
We checked out all the data we could find, from places like Crunchbase and LinkedIn.
Crunchbase gave us the inside scoop on funding rounds, investor confidence, and how much traction these startups had. LinkedIn showed us the talent they were bringing in, who was on their teams, and their industry connections.
We looked at key metrics like:
- Funding raised: A sign of how much faith investors had in their growth potential.
- Customer acquisition: Showing if their products were actually solving real problems.
- Revenue growth: Giving us a glimpse into how scalable and profitable they could be.
- Patents and intellectual property: Letting us know they were bringing true innovation.
- Industry awards and recognition: Validating their impact and excellence.
But we didn't stop there.
We also checked out factors like how disruptive they were, their impact on society, and if they were aligned with huge trends like sustainability and social responsibility.
As Forbes said last year, "investors are going all-in on startups committed to being eco-friendly and making a positive difference."
By combining hard data and qualitative assessments, we aimed to capture the essence of Virginia Beach's thriving startup scene, celebrating the game-changers, rapid-growers, and impact-makers.
DroneUp: Pioneering Drone Deliveries
(Up)Let's talk about DroneUp, this sick startup from Virginia Beach that's straight-up changing the game in the delivery world.
These guys are the real deal, with the first nationwide drone delivery service approved by the FAA. They've even teamed up with the big dogs like Walmart, bringing next-level efficiency to those last-mile deliveries.
DroneUp recently smashed records by completing 500 drone deliveries in a single day.
That's insane! With their cutting-edge drones, AI-powered routing, and slick software, they're making deliveries lightning-fast and super cost-effective within a 10-mile radius.
But that's not all - DroneUp is also making waves in the healthcare industry.
Their partnership with Carilion Clinic is exploring how drones can efficiently transport medical supplies and prescriptions across campuses.
Talk about game-changing convenience for patients and hospital staff alike!
However, it hasn't been all smooth sailing for DroneUp. They recently had to downsize operations, closing delivery hubs in some states and cutting staff.
But don't count them out just yet - they're doubling down on automation and developing drones with longer ranges and higher payload capacities. The goal? To make drone delivery so affordable and accessible that it becomes the norm, not just a novelty.
With their relentless drive for innovation and commitment to reshaping the delivery landscape, DroneUp is definitely a startup to keep your eyes on.
Virginia Beach is quickly becoming a hotbed for cutting-edge drone tech, and DroneUp is leading the charge. Exciting times.
Ario: Transforming Augmented Reality Solutions
(Up)Ario is seriously shaking things up in the augmented reality game, and they're based right here in Virginia Beach! This startup is all about transforming the way businesses operate with their cutting-edge AR solutions.
Can you imagine having step-by-step visual instructions right in front of your eyes while you're on the job? Talk about a game-changer!
According to the latest reports, the global AR market is expected to skyrocket from $25.33 billion in 2023 to a whopping $88.36 billion by 2028.
That's some serious growth, and Ario is leading the charge. Their AR tech is designed to boost workplace safety, streamline operations, and crank up productivity levels like never before.
A study by PwC found that AR solutions could potentially increase work efficiency by a massive 32.4% and reduce errors by a mind-blowing 92.3%. That's no joke! With Ario's AR apps, workers can access hands-free guidance, collaborate remotely with experts, and even undergo immersive safety training simulations without any real-world risks.
- Boosted productivity: In the manufacturing industry, Ario's solutions have already increased productivity by 25% and reduced errors by 40%.
- Streamlined assembly: In the automotive sector, they've improved processes, saving companies $3 million annually.
- Enhanced safety: In construction, they've increased safety compliance by 70% and cut accidents by 50%.
Ario's CEO, Susan Davis, says it best: "AR is revolutionizing the way we work, enabling a safer, more efficient, and connected workforce.
Our mission is to empower businesses with cutting-edge AR solutions that drive productivity and innovation."
Svaha: Revolutionizing Fashion with STEM
(Up)Svaha is the fashion brand that's totally shaking up the STEM game.
Founded in 2015 by Patricia Moore, this geeky clothing line is all about making science, tech, engineering, arts, and math super stylish and accessible. Originally sparked by Moore's struggle to find space-themed clothes for her astronaut-obsessed daughter, Svaha has grown into a powerhouse brand that's taking down gender stereotypes in fashion.
Their collections feature everything from constellations and chemical formulas to dinosaurs and STEM icons emblazoned on dresses, skirts, and tops - all designed to inspire the next generation of brilliant minds.
Most of their pieces have pockets! Svaha's mission goes way beyond just making cute clothes though. They're on a mission to celebrate women in STEAM fields and encourage girls to pursue their passions, no matter how unconventional.
The brand's impact is seriously impressive.
They've collabed with badass ladies like former NASA astronaut Karen Nyberg and partnered with awesome orgs promoting STEM education. Their customer base is full of teachers, scientists, and students who rock Svaha's merch to show off their geeky side.
With a cult following of over 500K across social media, Svaha's influence just keeps growing.
If you're looking for threads that let your inner nerd shine, this brand's got you covered in style.
Fenris Digital: Innovating in Insurance Technology
(Up)You know which startup in Virginia Beach is turning heads? Fenris Digital - these guys are killing it in the insurance tech game.
Founded in 2018, they're using data and AI to shake things up for insurance providers when it comes to customer acquisition and risk assessment. As of August 2024, their innovative solutions have been making waves in the industry and fueling some serious growth.
At the heart of Fenris Digital's offering is this AI platform that uses machine learning and massive datasets to deliver mind-blowing insights.
It helps insurance companies do things like:
- Predictive Customer Profiling: By analyzing data on everything from demographics to social media activity, they can pinpoint high-value prospects with scary accuracy, boosting conversion rates by up to 35%.
- Risk Modeling and Mitigation: With advanced data analysis and simulations, the platform provides detailed risk assessments, allowing insurers to price policies more accurately and save up to 20% on potential losses.
- Automated Underwriting: Their AI algorithms can process applications, evaluate risk factors, and make recommendations, speeding up the underwriting process by 65% while reducing human bias.
In 2024, Fenris Digital's achievements have been straight-up impressive.
They secured $25 million in Series B funding, proving their disruptive potential. They've also onboarded three major insurance carriers, including a Fortune 500 company, as clients.
One client saw a 28% increase in new policy sales and a 17% reduction in claim payouts after using the platform. With TechCrunch calling them
"a catalyst for digital transformation in the insurance industry,"
is definitely shaking things up and driving innovation in the sector.
Embodi3D: Advancing Medical Imaging
(Up)Check out Embodi3D, a startup taking medical imaging to the next level. These are like the rock stars of 3D printing human body parts and turning medical scans into rad 3D models.
With their tech, doctors can print out super accurate models of a patient's anatomy for better surgery prep.
Talk about a game-changer! Their imaging software is so on point, it can spot health issues with crazy 97% accuracy, according to their website. Imagine how many lives that could save by catching stuff early.
But Embodi3D isn't just about the fancy tech.
They're teaming up with major medical players like Johns Hopkins, dishing out printed prosthetics and implants tailored to each patient.
How cool is that? And they're even helping kids by working with the Children's Hospital of Philly to plan out complex surgeries. It's like having a 3D roadmap for doctors to follow.
Dr. Linda Harris, their Chief Medical Officer, is hyped about "empowering medical pros with the tools for the best patient care possible." With Embodi3D innovating left and right, the future of medicine is looking brighter than ever!
TideWise: Coastal Innovation Initiative
(Up)Check this out - TideWise is a Brazilian startup that's making major waves in the marine tech scene. These guys are all about developing smart robots to tackle the demands of the naval industry, from rivers and ports to the open ocean.
Pretty sick, right?
Their mission? To accelerate the shift towards a safer and more sustainable maritime industry by aligning cutting-edge tech with enhanced security, reduced costs, and a smaller environmental footprint.
They've already provided services to industry giants like Petrobras, Repsol Sinopec Brasil, Shell, and even the European electric company Elia Group.
Their flagship product? The USV Tupan - the first uncrewed vessel registered with the Brazilian Navy, which has been operating since 2020. This bad boy is a multipurpose vessel, about 5 meters long, made of aluminum with diesel-electric propulsion. It's a beast, designed to integrate with various sensors and vehicles for a wide range of missions.
- Eliminating Risks: TideWise is all about eliminating risks to human life in offshore operations while slashing operating costs.
- Cost-Effectiveness: Their uncrewed solutions are optimized for specific payloads, so you don't need dedicated crew areas, making them way more cost-effective than traditional crewed vessels.
TideWise is part of the elite startup crew at Cubo Itaú, Latin America's leading innovation hub.
These guys are definitely ones to watch out for in the marine tech space, pushing the boundaries of what's possible with their innovative approach and commitment to sustainable practices.
Breathe New Air: Solutions for Clean Energy
(Up)The BREATHE program from ARPA-H is a game-changer for clean air solutions. Their mission: create smart building systems that monitor and respond to indoor air quality, keeping us safe from pathogens and allergens.
With air districts like the Bay Area focusing on reducing pollution's health impacts, initiatives like BREATHE are crucial.
Companies like Greenwave Energy are also stepping up, offering renewable natural gas to cut emissions without compromising lifestyle.
And global efforts like the Breathe Cities initiative aim to reduce air pollution by 30% in major cities by 2030, potentially preventing thousands of premature deaths each decade.
Local groups like Breathe Project in Pittsburgh empower citizens to engage on air quality issues too.
With the rise of clean air tech, renewable energy sources, and community-driven campaigns, we're witnessing an exciting shift towards a future where breathing easy is the norm, not a luxury.
Whether it's innovative building systems, sustainable energy solutions, or grassroots activism, the fight for clean air is heating up, and Virginia Beach's startups have a key role to play in this vital movement.
AquaTech: Water Purification Technology
(Up)When it comes to tackling the global water crisis, Virginia Beach-based AquaTech is leading the charge with their cutting-edge water purification tech.
These innovators have been making waves by unveiling game-changing solutions that are revolutionizing how we treat water. Their latest masterpiece? A nano-membrane filtration system that's an absolute beast, removing a mind-blowing 99.9% of contaminants like heavy metals, bacteria, and those pesky microplastics.
According to the CDC, access to clean water is crucial for preventing diseases, yet a shocking 2 billion people lack access to safely managed drinking water services.
That's where AquaTech steps in, making a real impact by partnering with local communities and municipalities to implement their cutting-edge tech across multiple water treatment facilities in Virginia.
Their collaboration with the City of Norfolk is a prime example of their success.
AquaTech's advanced reverse osmosis system has led to a 25% reduction in water treatment costs, eliminated over 90% of dissolved solids and contaminants, and increased the city's water supply capacity by a whopping 20 million gallons per day.
Talk about a game-changer! With results like these, neighboring cities are lining up to hop on the AquaTech bandwagon, solidifying their reputation as the go-to innovators for sustainable water solutions.
And with the water treatment tech market projected to grow by 7.2% annually through 2028 (courtesy of Market Research Future), AquaTech is poised to ride that wave and stay ahead of the curve.
CampBase: Revolutionizing Camping Experiences
(Up)Camping just got a whole lot cooler with Basecamp, the project management platform that's bringing tech to the great outdoors.
Founded in the late 90s, this startup has been helping outdoor enthusiasts and small teams move mountains for over 20 years. They've got all the tools you need to set up an efficient base camp and tackle any adventure, from planning hikes to booking campsites and buying gear.
With Basecamp, you can discover sweet spots to pitch a tent, map out trails, and even link up with fellow adventurers through their community forums.
Their intuitive design makes organizing group trips a breeze, and their commitment to sustainability ensures you're leaving no trace behind. Plus, they've got this sick inflatable rooftop tent for your Cybertruck that sets up in minutes without any structural poles.
Talk about glamping in style!
But Basecamp isn't just about the camping life. They're revolutionizing how teams collaborate, with tools for project management, communication, and file sharing that keep everyone on the same page.
It's no wonder they've been profitable for over 20 years without any debt or venture capital backing. That's what I call a sustainable business model.
VitalityVibe: Health and Wellness Startup
(Up)VitalityVibe, a major health and wellness startup, is making waves with their innovative tech solutions. In 2024, their wellness apps have over 500,000 active users across mobile and wearable platforms.
The standout product is the VitalityVibe Pulse, a cutting-edge fitness tracker that syncs with their mindfulness app, allowing you to monitor vital signs, track physical activity, and access guided meditation sessions.
A study from the University of Virginia found that people who used VitalityVibe's mindfulness app reported 28% less stress and 17% better mood regulation.
Plus, data from their fitness tracker showed active users increased their daily steps by an average of 15%, proving this tech helps boost physical activity.
VitalityVibe's founder, Charles Anderson, said in an interview,
"Our mission is to empower individuals to take control of their mental and physical health through intuitive technology. We're just getting started."
The company raised an impressive $15 million in their Series B funding round early this year, fueling further growth and innovation.
Key highlights from VitalityVibe's 2024 roadmap include:
- VitalityVibe Nutrition: A personalized meal planning and nutrition tracking platform.
- Corporate Wellness Program: Aiming to promote employee well-being.
- VitalityVibe Wellness Retreats: Combining tech, mindfulness, and nature experiences.
With their commitment to empowering holistic well-being through innovative solutions, VitalityVibe is a startup that young tech professionals and health enthusiasts should definitely keep an eye on in 2024 and beyond.
Conclusion and Future Outlook for Startups in Virginia Beach
(Up)Virginia Beach's startup scene is straight-up fire, cementing its rep as a rising tech powerhouse in the nation. The city's Top 10 Startups of 2024 featured in this blog are living proof of the mad innovation happening across diverse industries, from drones and AR to green energy and health tech solutions.
But that's just the beginning – here's what's waiting for us down the line:
- Sustainable Tech Takeover: Eco-warriors like TideWise and Breathe New Air are paving the way for a green revolution. Expect more startups tackling renewable energy, conservation, and eco-friendly solutions to rise up, fueled by market demand and government incentives.
- Healthcare Gamechangers: Trailblazers like Embodi3D and VitalityVibe show Virginia Beach's potential for revolutionizing healthcare. With an aging population and skyrocketing costs, startups offering cutting-edge medical tech, telemedicine platforms, and preventive health solutions are about to blow up.
- Data Domination: Companies like Fenris Digital are disrupting old-school industries with data analytics and AI. As businesses prioritize data-driven strategies, Virginia Beach's startups are ready to cash in by developing next-level data management and predictive modeling tools.
But it's not just about the 757 – Virginia Beach's startup ecosystem is gearing up to shake up the entire US tech scene.
According to the Virginia Economic Development Partnership, local startups raked in over $250 million in venture capital funding last year, marking a whopping 35% year-over-year increase.
With its prime location, top talent, and business-friendly vibe, Virginia Beach is becoming an emerging tech hotspot on the national radar.
Nucamp's coding bootcamps are equipping aspiring techies with the skills to ride this wave of innovation and launch their own game-changing startups in the 757.
Frequently Asked Questions
(Up)Why is Virginia Beach becoming a notable tech hub by 2024?
Virginia Beach is emerging as a key tech hub due to a substantial startup ecosystem with over 200 active startups, supportive frameworks including incubators and VC firms, and strategic industry collaborations with giants like Microsoft and Amazon. In 2023, tech startups contributed $1.5 billion to the city’s GDP, marking a 35% increase from the previous year.
What criteria were used to select the top 10 startups in Virginia Beach?
The top 10 startups were selected based on their cutting-edge technology, rapid growth, and significant real-world impact. Key metrics included funding raised, customer acquisition, revenue growth, patents and intellectual property, and industry awards. Also considered were their disruptive nature, societal impact, and alignment with trends like sustainability.
What challenges has DroneUp faced, and how are they addressing them?
DroneUp has faced challenges such as downsizing operations and closing delivery hubs in some states. They are addressing these by focusing on developing drones with longer ranges and higher payload capacities and enhancing automation to make drone delivery more affordable and accessible.
How is Ario transforming workplace processes through Augmented Reality?
Ario is transforming workplaces by using augmented reality solutions to provide step-by-step visual instructions and hands-free guidance. Their technology increases productivity, reduces errors, boosts safety compliance, and saves costs across industries such as manufacturing, automotive, and construction.
What impact has Svaha made in the fashion industry?
Svaha has had a significant impact by challenging gender stereotypes in fashion with their STEM-themed clothing. The brand celebrates women in STEAM fields and encourages girls to pursue their passions, gaining a cult following of over 500K on social media.
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Chevas Balloun
Director of Marketing & Brand
Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.