LinkedIn ranks Better.com, DoorDash among the best-emerging startups in 2020
With more Americans staying at home amid the pandemic, remote-centered industries boomed and catered to the country’s new normal. With over 12 million Americans still receiving unemployment payments, working for a startup might be an option for someone who aims to work remotely.
LinkedIn released on Tuesday its list of 2020’s top startups, highlighting emerging and growing industries amid the COVID-19 pandemic. “The honorees on this year’s Top Startups list have demonstrated resilience and continued innovation in the face of numerous, unanticipated challenges,” said Jessi Hempel, senior editor at large at LinkedIn. “Not only have these companies survived, but they are growing and hiring, with more than 2,500 jobs at these startups available now on LinkedIn.”
The factors LinkedIn evaluated for its ranking including interest in the company, employment growth, engagement with employees, job interest, and its ability to attract talent from the LinkedIn Top Companies. The timeline measured was January through July 2020.
Samsara: Samsara Inc. is supporting many essential service industries with its internet-connected sensor systems and has been hyper-focused on keeping its employees connected and productive from home with town halls, leadership training, virtual yoga, and cook-offs, and iPads for employees’ kids to learn remotely.
Loom: The video messaging startup had remote-first as part of its culture from the outset, leaning heavily on the asynchronous communication they’re innovating themselves. The company announced a $29 million funding round in late May with a $350 million valuation.
Verkada: The software company is breaking through the challenges of the traditional physical security industry, securing a Series C round of $80 million in January at a $1.6 billion post-money valuation. The company recently shifted attention from retail to healthcare facilities where remote monitoring and building security solutions are needed.
Source Credit: USA Today