Ram Tumuluri “Exciting New York Startups To Watch In 2021”
CEO & Founder of The Ideal Life Project Ram Tumuluri “Like much of the country, New York has experienced its share of struggles in 2020 from the pandemic, causing a lot of questions around whether or not the city’s startup ecosystem will survive. The situation had a slow and steady pace but then things took a turn rather quickly. Check out these startups straight out of NYC who mean business and are in for the long-run despite these weird times. In the end, it’s all about the survival of the fittest”.
Ram Tumuluri “Employer leniency was the deciding factor in startups ability to stay afloat, and more importantly, to stand out and continue to expand in spite of the pandemic.”
Startups to watch out of New York in 2021
Oscar Health
Oscar Health is a startup that aims to make health insurance more affordable for people. Its innovation is in reducing costs by integrating telemedicine and technological interfaces. The company also focuses on creating a positive user experience and increasing transparency in health insurance coverage, which can be complex for those unfamiliar with the law and legal slang.
Compass
Compass is a well-known national real estate technology company that provides real estate agents with tools and services to help them grow and better serve their clients. Over 15,000 real estate agents in over 100 U.S. locations use Compass, and they were responsible for over $91 billion in real estate transactions in 2019.
Ribbon
Ribbon is a cutting-edge financial technology firm that is revolutionizing real estate transactions by bringing transparency, certainty, and joy to the process of buying a home. Ribbon believes that consumers and realtors both need a better experience, so they created an open platform where anyone involved in the house buying process can participate.
DigitalOcean
Founded in 2012, DigitalOcean is the smoothest cloud platform for developers and their teams to launch, manage, and scale applications of any size, removing infrastructure friction and offering predictability so they can spend more time building better software. They aim to make developers’ lives easier by including a straightforward interface and flexible API, a powerful set of features, thousands of tutorials, and one of the biggest collections of open-source materials accessible.
CommonBond
CommonBond is a financial technology firm on a mission to make higher education more accessible, transparent, and simple for students and graduates. They have funded over $3 billion in loans for tens of thousands of members – and helped over 300 companies give their employees the tools they need to achieve financial wellbeing through their CommonBond for Business platform. All through designing a better experience that combines technology, competitive rates, and award-winning customer service.
Roivant Sciences
Roivant’s mission is to improve patient health by swiftly providing new medications and technologies. They do this by forming entrepreneurial biotech and healthcare technology companies that employ a novel approach to attracting talent, aligning incentives, and deploying technology. They concentrate on disease areas where company R&D expenditure is unusually low in comparison to societal medical demands. They also develop technology-focused Vants to improve the process of creating and commercializing medicines, in addition to its bio-pharmaceutical subsidiaries.