Top 12 USA Startups to Look Out For in 2022 | Fastest Growing US Startups

Mahenoor Mansuri Mahenoor Mansuri
Nov 10, 2022 8 min read
Top 12 USA Startups to Look Out For in 2022 | Fastest Growing US Startups

Keeping the pandemic in mind, startups had to rethink their goals. With the benefits of agility came an increase in competition, which drove startups to rise rapidly. Lastly, it gave people time to think and pursue what they truly believed in. In addition to the great resignation period that gave birth to other startups, this helped to solve many problems.

Startups have been thriving despite the pandemic; the possible reasons given by the experts are mainly due to the fact that change and growth come hand in hand. Moreover, as rightly pointed out, a shaky economy is a helpful catalyst for startups' growth and innovation. Startups are believed to be more successful in the United States than in other places. And they have been growing at a fast pace.

Best Growing Startups in the US

Here's a list of the top 15 fastest-growing startups in the United States:

Snowflake‌
Electric
‌SoundHound
People.ai
Otter.ai
Whatnot
Daring
Gala‌ Games
Ellevest
Goodleap
Instacart
Devoted Health

Snowflake‌

Founders: Thierry Cruanes, Marcin Zukowski, Benoit Dageville
Headquarters: Bozeman, Montana, US
Established: 2012
Industry: Cloud Computing

Snowflake's Market Share & Annual Revenue
Snowflake's Market Share & Annual Revenue

Snowflake operates as a software development company designed for the cloud, helping people mobilize the world's data. The founders built the global force from scratch, intending to harness the power of the cloud. Further, engineering the platform that powers and provides access to the Data Cloud. With snowflakes, platforms can access, explore, share, and unlock the true value of their data. With their data cloud managing 515 million data workloads each day and giving their customers an excellent ROI (Rate of interest). With over 1300 partners, they leverage its flexibility with integrations and collaboration with their technology partners. Snowflake has been recognized for its workplace culture and product innovation.         ‌‌                                                                                                           ‌‌             ‌‌

Electric

Founder: Ryan Denehy
Headquarters: New York, the USA
Established: 2016
Industry: IT Services, IT Consulting

Electric
Electric

Electric is setting new standards for IT Solutions by giving real-time support, centralized IT management, cutting down the cost of IT spending and standardized security across devices, apps, and networks reshaping the way businesses manage their IT. The company has a creative and elite team with strong core values. The company is backed by investors such as Slack, GGV Capital, Vintage Investment Partners, Harmonic Growth Partners, and more. Electric AI has made it its mission to revolutionize the IT space by making it accessible, simple, and cost-effective to firms all around the world.


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‌SoundHound

Founder: Keyvan Mohajer
Headquarters: Santa Clara, California, the USA
Established: 2005
Industry: Sound & Audio Recognition

Sound Hound's Marketing Channels Distribution & Funding
Sound Hound's Marketing Channels Distribution & Funding

Sound Hound creates custom voice assistants for companies working with their strategic partners, fulfilling their belief that every brand should have a voice and making interaction with products around the people more natural. The company has its presence across the globe to create a world with more conversations with its innovative technology. It's a leading innovator in conversational intelligence that helps people extend their brands. Globally trusted by companies like Hyundai, Mercedes-Benz, Pandora, Deutsche Telekom, Snap, VIZIO, KIA, and Stellaris.

People.ai

Founder: Oleg Rogynskyy
Headquarters: Redwood City, California, the USA
Established: 2016
Industry: Software Development

People.ai
People.ai

People.ai combines Artificial Intelligence (AI) and real-world expertise to help their customers generate more revenue. The firm values its clients, end-to-end ownership, having a single person in charge of a project, making decisions based on data using technology, and tackling problems with time and teamwork. Firmly believing that every issue has a solution. Companies including AppDynamics, DataRobot, Ivanti, Okta, and Zoom depend upon software platforms to unlock their full potential. The company is backed by Y Combinator and Silicon Valley's top investors.

Otter.ai

Founders: Sam Liang
Headquarters: Mountain View, California, the USA
Established: 2016
Industry: Transcription Software

Otter.ai
Otter.ai

Otter.ai is designed to make productivity easier with its recording and transcription service. Helping students, businesses, and people create automatic notes for meetings, interviews, work, classes, and more. One can share the meeting summary with their teammates to keep everyone in sync. Making the note-taking process more engaging with AI. You can highlight, add pictures, edit and revisit the transcribed notes by scrolling up. With Otter sharing and collaborating with others, transcribing in real-time with high accuracy is made super easy with the meeting gems panel to capture all your highlights from the meetings.

Whatnot

Founders: Grant LaFontaine and Logan Head
Headquarters: Los Angeles, California, the USA
Established: 2019
Industry: Live Market, Information Services (B2C)

Whatnot's Demographics & Marketing Channels Distribution
Whatnot's Demographics & Marketing Channels Distribution

Whatnot gives you the experience of live shopping. The community marketplace of collectors supports conducting live auctions or hosting a card break. The products sold on the platform are verified to make sure you get what you are looking for. Hand-verification of expensive items to avoid scams and ensure safety. Its catalogue has a range of authentic products like Funko Pops, Pokémon Cards, Sports Cards, FiigPins, Funko Sodas, and many more.

Daring

Founder: Ross Mackay
Headquarters: Los Angeles, California, US
Established: 2018
Industry: Food and Beverage

Daring
Daring 

With one mission: to make chicken better for people and the planet, Daring foods are packed high in protein and are 100% plant-based made with non-GMO plants and low calories and have perfect flavour and texture. Their website has over 480 positive reviews that confirm the goodness the company stands for. The company offers breaded, cajun, lemon, and herb plant chicken pieces as well. The startup has caught the attention of the world and urged people to turn to plant-based chicken and has been featured on BuzzFeed, Bloomberg, Thrillist, Fast Company, The Business Wire, and more.


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Gala‌ Games

Founders: Eric Schiermeyer, Wright Thurston, Michael McCarthy
Headquarters: The Interwebs, US
Established: 2018
Industry: Computer Gaming

Gala Games
Gala Games

Unlike other blockchain games, Gala Games is a Free to play blockchain game with simple mechanics for all players in a blockchain game. When players win NFT collectables, they are able to trade them with another player or use them within the game. Gives control to gamers with its decentralized Gala Games ecosystem with more than 16,000 player-run nodes. A vibrant community exists on the Discord platform, where players can post their suggestions and give power to those in the Gala Games network based on a player-owned node ecosystem. The most expensive NFT sold on the platform is worth 3 million and has an active monthly user base of about 1.3 million.

Ellevest

Founders: Sallie Krawcheck, Charlie Kroll
Headquarters: New York, the US
Established: 2018
Industry: Finance

Ellevest
Ellevest 

With the main aim of “by women, for womenEllevest startup is a financial company helping women achieve their financial goals in life. The company was set up in 2014, having a team of industry experts with deep passion and extensive working experience for the Wall Street Journal. With almost forty sales force ventures and AME Cloud Ventures being some notable investors, it has raised almost 53 million as of April 2022. Now, their community consists of more than 3 million people. Creating an engaging experience that makes investing and achieving financing goals for women easier, closing the gender gap.

Goodleap

Founder: Hayes Barnard
Headquarters: Roseville, California, the US
Established: 2003
Industry: Financial Software, Consumer Finance

Goodleap
Goodleap 

Goodleap is a go-to-go place for sustainable home financing solutions for people looking to upgrade their homes in a simple and fast way. Founded by Hayes Barnard, the startup is making it easy to lead a sustainable lifestyle with a wide range of sustainable products and cutting-edge technology. Specializing in clean energy financing, solar loans, fintech, and mortgage loans. Helping build a valuable bond with their customers as well as their partners.

Instacart

Founders:  Apoorva Mehta, Max Mullen, Brandon Leonard
Headquarters: San Fransico, California, US
Established: 2012
Industry: Retail

Instacart
Instacart 

Instacart offers safe contactless and free delivery options on the same day. With a hassle-free way to order essentials and other household items with same-day delivery across the USA. Instacart was founded in the early 2010s by Apoorva Mehta, Max Mullen and Brandon Leonardo later launched in 2012. Introducing a revolutionary model for online grocery shopping, transforming the way people shop. Giving their retail merchants a complete suite of enterprise-grade services and technology to perform all their tasks. Apart from this, the startup is also committed to serving the community by partnering with different non-profits with the aim of giving all people the food they love.

Devoted Health

Founders: Ed Park and Todd Park
Headquarters: Waltham, Massachusetts, US
Established: 2017
Industry: Health Care

Devoted Health
Devoted Health

The team of Devoted Health is on hand to get you the seamless care you deserve. The startup has raised more than 2 billion and has 26 investors that include General Catalyst and GIC. Offering Medicare Advantage plans, building better relationships and support. With focusing on quality over quantity and world-class technology. Partnered with trusted doctors, hospitals, pharmacies, and other providers, to make sure that you get the right care at the right time. The core product is providing better healthcare facilities for everyone.


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Conclusion

2021 proved to be a great year for many startups and with the advancement and growing needs of technology, there is no doubt in the fact that 2022 is going to be an even more flourishing year for the startup industry.

Thus, the above-mentioned are the fastest-growing startups in the USA that are gaining popularity in various fields like software, media, gaming, food services, and more. These startups are making wonders in their respective fields and are sure to make a huge name for themselves this year.

FAQs

Which country has the most startups in the world?

The USA has the most startups in the world, totalling a massive 71,153. India is second on the list with only 13,125 startups.

How many Unicorns are there in the USA?

As of March 31, 2022, there were 607 active unicorns in the USA.

How many new companies have been added to the unicorn list in the USA this year?

Since the start of 2022, 75 companies have debuted on the unicorn list in the USA.

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