11 Top GreenTech Startups Impacting The Industry in [2023]

Have you ever wondered who is on the list of GreenTech Companies with the highest growth rates?

You’re not alone.

There are hundreds of GreenTech Companies found there, and keeping track of the hottest new startups can be challenging.

But don’t worry, we’ve got you covered. Here are the top 11 fast-growing GreenTech Startups that have top-tier venture capital funding.

What is GreenTech Startups?

GreenTech Startups are businesses focused on developing products and services that reduce environmental impact and promote sustainability. 

Examples of GreenTech Startups include companies that develop renewable energy sources, efficient water and energy usage, sustainable construction, and alternative transportation.

Top 11 Fastest-Growing Startups In GreenTech

1) Aclima

Block by block, putting air pollution and greenhouse gases on the map to cut emissions, promote public health, and advance equity.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2007
• Founders: Davida Herzl, Reuben Herzl
• Number of employees: 51-100
• Funding amount: $64,000,000
• Number of funding rounds: 2
• Number of investors: 16

You can find their website here.

2) FiscalNote

FiscalNote delivers predictive analytics on government data using artificial intelligence and big data to estimate its impact.

Details of the startup:

• Country: United States
• City: Washington D.C.
• Started in: 2013
• Founders: Chris Brummer, Gerald Yao, Jonathan Chen, Tim Hwang
• Number of employees: 251-500
• Funding amount: $210,231,500
• Number of funding rounds: 14
• Number of investors: 54

You can find their website here.

3) OpenGov

OpenGov is a cloud-based solution for budgeting, performance monitoring, and citizen participation in the public sector.

Details of the startup:

• Country: United States
• City: Redwood City
• Started in: 2012
• Founders: Dakin Sloss, Mike Rosengarten, Nate Levine, Zac Bookman
• Number of employees: 101-250
• Funding amount: $128,000,000
• Number of funding rounds: 12
• Number of investors: 32

You can find their website here.

4) Aunt Bertha

Aunt Bertha is a social-care-connecting enterprise that helps organizations better assist people and communities.

Details of the startup:

• Country: United States
• City: Austin
• Started in: 2010
• Founders: Erine Gray
• Number of employees: 101-250
• Funding amount: $49,000,000
• Number of funding rounds: 5
• Number of investors: 11

You can find their website here.

5) CivicPlus

CivicPlus is a software platform that provides municipal, local government, and other government website design solutions.

Details of the startup:

• Country: United States
• City: Manhattan
• Started in: 1998
• Founders: Tony Gagnon, Ward Morgan
• Number of employees: 251-500
• Funding amount: $290,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

6) ArchiveSocial

For government entities and school districts to be compliant and risk-free, ArchiveSocial is the premier social media archiving solution.

Details of the startup:

• Country: United States
• City: Durham
• Started in: 2011
• Founders: Anil Chawla
• Number of employees: 51-100
• Funding amount: $55,195,970
• Number of funding rounds: 7
• Number of investors: 6

You can find their website here.

7) BondLink

BondLink develops technology and solutions to assist in the modernization of the municipal bond market.

Details of the startup:

• Country: United States
• City: Boston
• Started in: 2016
• Founders: Carl Query, Colin MacNaught
• Number of employees: 11-50
• Funding amount: $30,000,000
• Number of funding rounds: 3
• Number of investors: 3

You can find their website here.

8) door2door

The Next Public Transportation #GovTech #SaaS #AI #Infrastructure

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2012
• Founders: Maxim Nohroudi, Tom Kirschbaum
• Number of employees: 51-100
• Funding amount: € 31,750,000
• Number of funding rounds: 6

You can find their website here.

9) kompany

kompany is a RegTech platform for global business verification (KYC) and anti-money laundering compliance.

Details of the startup:

• Country: Austria
• City: Vienna
• Started in: 2012
• Founders: Bernhard Hoetzl, Iris Pittl, Peter Bainbridge-Clayton, Russell Perry, Vito Gianelly
• Number of employees: 51-100
• Funding amount: $15,478,530
• Number of funding rounds: 11
• Number of investors: 21

You can find their website here.

10) Elucidate

Elucidate is the only regulated, worldwide standard for calculating and assessing the risk of financial crime.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2018
• Founders: Filipe Garcia, Shane Riedel
• Number of employees: 11-50
• Funding amount: € 5,700,000
• Number of funding rounds: 3
• Number of investors: 7

You can find their website here.

11) Bonfire Interactive

Bonfire is the most advanced competitive bidding and RFx platform available today.

Details of the startup:

• Country: Canada
• City: Kitchener
• Started in: 2011
• Founders: Corry Flatt
• Number of employees: 51-100
• Funding amount: $11,000,000
• Number of funding rounds: 5
• Number of investors: 9

You can find their website here.

FAQs

Is GreenTech Business Profitable?

The profitability of a GreenTech business is largely dependent on the specific products and services offered and the level of competition in the market. 

A GreenTech business can be profitable if it is able to differentiate its offerings from competitors and sell its products or services at a competitive price. 

Additionally, a business must have efficient operations, good marketing strategies, and effective financial management in order to be profitable.

What Is The Average Investment In GreenTech?

The average investment in GreenTech businesses varies widely depending on the size and scope of the project. Generally speaking, investments range from $2 million to $20 million or more.