5 Startups That You Wouldn’t Want To Miss Out On

Modern market trends have evolved to be conducive for anyone to launch a startup on their own. In fact, according to the GEM Global Report, over 100 million startups are launched per year.

Although most of these startups fail even before ever making any on the market, nonetheless, these entrepreneurs continue to risk their investments to have a shot at making it big in the business world.

Here are five startups that have been making significant progress over the recent years.

Distrokid

With the rise of music platforms such as Spotify, iTunes, and Amazon, any aspiring musician has the potential of becoming a star. However, one hurdle for them to profit on these platforms is that they need to be signed by a record label, and as we know, these labels will have royalties on the artist’s music for their investments.

Here is where Distrokid comes into play. It is a music distribution service founded by Philip Kaplan back in 2013. Their service allows artists to upload unlimited songs or albums annually for as low as $19.99, and the best part of the startup is that they don’t take royalties.

Brigade – Countable

After creating Napster, Sean Parker made waves in the music world back in the ‘90s. Over the recent decade, the entrepreneur made investments to start another startup called Brigade together with Matt Mahan.

The app aims to reinvigorate Americans’ drive for their civic duties and be up-to-date with the latest policies and legislations. In addition, it helps people get organized with like-minded groups to collectively act upon the policies that directly affect their lives.

In 2019, Parker and Mahan took home a win when the govtech app Countable acquired Brigade. Now, with millions of users switching to a larger platform, you can expect that the avenue for civic tech has been significantly pushed forward.

Magic Leap

There is no question that virtual reality tech has exponentially advanced over the recent years. The same can also be said for augmented reality. The difference between VR and AR is that augmented reality layers computer-generated images on top of the real world, while virtual reality creates a simulated world.

One of the leaders of augmented reality is the startup Magic Leap. It was founded from the investments of Rony Abovitz. Back in 2016, the company raised $793.5 million for funding their tech on a grander scale, and in 2021, they were able to raise $500 million to fund theMagic Leap 2.

Hopefully, it will be out this year, and the company promises that their product will be more comfortable and immersive. In addition, CEO Peggy Johnson also boasts that the Magic Leap 2 will feature the largest field of vision in AR technology.

3Scan

This biotech startup was founded with the investments of Todd Huffman back in 2011. It aims to revolutionize the field of anatomic pathology in the way biotech companies, researchers, and doctors study tissue. Their product analyzes tissues and cells from analog to digital technology.

3Scan’s investments were able to patent the Knife Edge Scanning Microscope or KESM. It essentially generates a 2D and 3D model of tissues, which provide interactive images to let researchers apply and view quantitative analytics.

Mobcrush

Undoubtedly, the gaming industry has exponentially improved with the help of streamers, and one chunk of the industry is mobile games. With phone technologies continuing to advance as the years go by, we can also expect mobile gaming to flourish.

Mobcrush is a startup that helps gamers broadcast their mobile game gameplay. Moreover, it also allows users to chat and watch other games and streams in real-time. It is similar to other PC-based streaming platforms like Twitch. It certainly has great potential and has raised over＄35 million in funding.