Top Fast-Growing Raleigh Startups to Watch [2023]

Have you ever wondered who is on the list of companies with the highest growth rates in Raleigh?

You’re not alone.

There are hundreds of companies founded there, and it can be challenging to keep track of the hottest new startups.

But don’t worry, we’ve got you covered. Here are the top 4 fast-growing startups in Raleigh that have top-tier venture capital funding.

Top 4 Fastest-Growing Startups In Raleigh

1) Pendo

Pendo is on a quest to improve the world’s software experiences.

Details of the startup:

• Started in: 2013
• Founders: Eric Boduch, Erik Troan, Rahul Jain, Todd Olson
• Industries: Analytics, Enterprise Software, Guides, SaaS
• Number of employees: 501-1000
• Funding amount: $209,500,000
• Number of funding rounds: 9
• Number of investors: 14

You can find their website here.

2) Global Data Consortium

The Global Data Consortium is developing a method for corporations to verify their digital identities globally.

Details of the startup:

• Started in: 2010
• Founders: Bill Spruill, Charles Gaddy
• Industries: Analytics, Information Services, Information Technology, Internet, iOS, Software
• Number of employees: 11-50
• Funding amount: $3,600,000
• Number of funding rounds: 4
• Number of investors: 4

You can find their website here.

3) PrecisionHawk

Precision Hawk creates and combines commercial drone technology that revolutionizes the collecting and analysis of aerial data.

Details of the startup:

• Started in: 2010
• Founders: Christopher Dean, Ernest Earon
• Industries: Aerospace, Artificial Intelligence, Autonomous Vehicles, Drones, Robotics
• Number of employees: 101-250
• Funding amount: $136,000,000
• Number of funding rounds: 7
• Number of investors: 16

You can find their website here.

4) AgBiome

AgBiome is a crop protection company that finds and develops new biological and trait products.

Details of the startup:

• Started in: 2012
• Founders: Eric Ward, Jeff Dangl, John Ryals, Paul Schulze-Lefert, Scott Uknes
• Industries: Agriculture, Biotechnology, Service Industry
• Number of employees: 51-100
• Funding amount: $136,500,000
• Number of funding rounds: 6
• Number of investors: 11

You can find their website here.

FAQs

What Is The Average Investment In Raleigh?

The average startup investment in Raleigh is $200,000.

Is Raleigh A Good State To Start A Business?

Raleigh is considered a good state to start a business due to its strong economy, educated workforce, and supportive business environment.

How Many Startups Are There In Raleigh?

There are over 200 startups in Raleigh, according to a recent report.