Monday, December 08, 2014

25 Hot NYC Startups You Need To Watch

Source: http://www.businessinsider.com/25-hottest-ny-startups-2014-12

new york

Over the past several years, New York has transformed into startup hotbed.

It's home to exciting early-stage companies like Airhelp, Abacus, Glamsquad, and Classpass. 

We compiled our list of 25 Hottest NY Startups by talking to investors, employees, fellow journalists, and active members of the tech scene in New York. 

Though there are some big names out there already, this list includes young startups, some of which you may not have heard of yet. All have only raised Series A funding or below and are based in New York city. 

Bowery allows developers to set up coding environments in 30 seconds flat

What it is:

Programmers waste countless hours setting up redundant coding environments. In order to begin coding a new program, developers need to manually install complicated sets of paramaters. This allows developers to test their products and make sure they work on different types of devices and screens. 

Bowery's cloud-based system removes the pain from the process and lets developers share their environment with co-workers in real time. The three young founders have attracted attention from big name investors such as Google Ventures and First Round Capital.

Founders:

Zachary Hamed, David Byrd, Steve Kaliski

Funding:

Betaworks, Bloomberg Beta, BOLDstart Ventures, Deep Fork Capital, Google Ventures, Homebrew, Magnet Agency, RRE and SV Angel. General Catalyst’s Rough Draft Ventures and First Round Capital’s Dorm Room Fund

Website: 

http://bowery.io

 

 



Oscar is a health insurance company for the 21st century

What it is:

Oscar brings simplicity and good design to the archaic world of health insurance. The company launched in October 2013 right as the Affordable Care Act began to allow consumers to pick and choose their own plans, and since then Oscar has enrolled thousands while raking in tens of millions of dollars in annualized revenue. They received a fresh $30 million round of funding in January, and are working toward their long-term goal of expanding out of the state of New York.

Founders:

Josh Kushner, Kevin Nazemi, Mario Schlosser

Funding:

Thrive Capital, Khosla Ventures, General Catalyst Partners, Founders Fund, Stanley Druckenmiller, Jim Breyer

Website:

http://hioscar.com



Niche is a talent agency for social media stars

What it is:

Niche works with prominent creators on social media platforms like Vine, Instagram and Tumblr and connects them with brands and marketers looking to beef up their social presence. Though barely more than a year old, Niche has already raked in over $1 million revenue and shows no sign of slowing down.

Founders:

Rob Fishman, Darren Lachtman

Funding:

David Tisch, Slow Ventures, BoxGroup, Gary Vaynerchuk, Kevin Colleran, WME Advancit Capital, SV Angel, Lerer Hippeau Ventures

Website:

http://niche.co



See the rest of the story at Business Insider