Top Fast-Growing El Segundo City Startups to Watch [2023]

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

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 8 fast-growing startups in El Segundo City that have top-tier venture capital funding.

Top 8 Fastest-Growing Startups In El Segundo City

1) Savage X Fenty

Savage X Fenty is a women’s accessories brand that sells lingerie and other fashion items.

Details of the startup:

• Started in: 2017
• Founders: Robyn Rihanna Fenty
• Industries: E-Commerce, Fashion, Lingerie, Retail, Women’s
• Number of employees: 101-250
• Funding amount: $185,000,000
• Number of funding rounds: 3
• Number of investors: 7

You can find their website here.

2) Phase Four

Electric propulsion (EP) for tiny spacecraft.

Details of the startup:

• Started in: 2015
• Founders: J. P. Sheehan, Simon Halpern
• Industries: Aerospace, Innovation Management, Space Travel
• Number of employees: 11-50
• Funding amount: $29,565,499
• Number of funding rounds: 6
• Number of investors: 10

You can find their website here.

3) Sidecar Health

Sidecar Health is an insurtech firm that offers a customizable health insurance platform.

Details of the startup:

• Started in: 2018
• Founders: Patrick Quigley, Veronica Osetinsky
• Industries: Health Care, Health Insurance, Insurance, InsurTech
• Number of employees: 51-100
• Funding amount: $163,000,000
• Number of funding rounds: 3
• Number of investors: 11

You can find their website here.

4) NEXT Trucking

Shippers can connect with freight capacity across drayage, transload, and OTR using NEXT’s proprietary technology and digital freight marketplace.

Details of the startup:

• Started in: 2015
• Founders: Elton Chung, Lidia Yan
• Industries: Freight Service
• Number of employees: 101-250
• Funding amount: $124,260,000
• Number of funding rounds: 5
• Number of investors: 9

You can find their website here.

5) ABL Space Systems

ABL Space Systems manufactures tiny satellite launch rockets.

Details of the startup:

• Started in: 2017
• Founders: Harry O’Hanley
• Industries: Aerospace, Information Technology, Satellite Communication
• Number of employees: 101-250
• Funding amount: $219,000,000
• Number of funding rounds: 3
• Number of investors: 8

You can find their website here.

6) TechStyle Fashion Group

TechStyle is a worldwide fashion membership commerce startup dedicated to rethinking the global fashion industry.

Details of the startup:

• Started in: 2010
• Founders: Adam Goldenberg, Don Ressler
• Industries: E-Commerce, Fashion, Lifestyle, Retail, Shoes
• Number of employees: 1001-5000
• Funding amount: $336,000,000
• Number of funding rounds: 7
• Number of investors: 11

You can find their website here.

7) Saviynt

Saviynt is a cloud and enterprise security platform that allows businesses to safeguard applications, data, and infrastructure in a single platform.

Details of the startup:

• Started in: 2010
• Founders: Sachin Nayyar
• Industries: Cloud Data Services, Enterprise Software, Security
• Number of employees: 101-250
• Funding amount: $40,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

8) Navitas Semiconductor

For the power supply industries, Navitas Semiconductor develops a range of GaN power ICs.

Details of the startup:

• Started in: 2014
• Founders: Dan Kinzer, Gene Sheridan, Nick Fichtenbaum
• Industries: Electronics, Manufacturing, Semiconductor, Solar, Supply Chain Management
• Number of employees: 11-50
• Funding amount: $47,088,914
• Number of funding rounds: 4
• Number of investors: 3

You can find their website here.

FAQs

What Is The Average Investment In El Segundo City?

It is safe to say that the average startup investment in El Segundo City is likely to be in the range of $500,000 to $1 million.

Is El Segundo City A Good State To Start A Business?

El Segundo is generally considered to be a good city for starting a business, as it has a strong economy and a large population. Additionally, the city has a variety of resources and support programs available for businesses.

How Many Startups Are There In El Segundo City?

According to PitchBook’s definition, which includes companies that are actively seeking funding, El Segundo is home to over 140 startups.