Marcus Richards
Startups have long been the hotbeds for innovation and disruptive technology, offering fresh takes and novel solutions in their respective fields. Today, we turn our gaze towards the Big Apple, a city world-renowned for its bustling tech scene and entrepreneurial spirit, to highlight the startups redefining the analytics industry that were born in or after the year 2020. These startups are developing cutting-edge technologies, platforms, and solutions to help businesses gather, analyze, and leverage data in new and powerful ways.
New York City’s dynamic business environment, rich pool of talent, and strategic location have made it a desirable place for startups to set up. Here, we spotlight ten analytics startups who have taken up the entrepreneurial challenge amidst the global uncertainties caused by the COVID-19 pandemic. These companies are not just surviving; they are thriving, creating a splash in the world of Analytics, demonstrating that New York is truly a breeding ground for innovation.
These startups, ranging from an exclusive social network for Chief People Officers, to a business analytics platform utilizing machine learning, and even a trading firm deploying proprietary strategies, exemplify the diversification and sophistication currently seen in the analytics industry. Each startup here has made significant inroads in their respective fields, and their success stories serve as reminders of what innovation, determination, and ingenuity can achieve, even in uncertain times.
Knoetic
Headquartered in New York City and founded by Joseph Quan, Knoetic is an innovative startup that integrates a social network and a SaaS analytics tool into a single platform designed for Chief People Officers. The multi-faceted platform is built to enable smarter, holistic decision-making concerning workforce management. Knoetic boasts an impressive clientele that includes big names like Lyft, Squarespace, and others.
Black Crow AI
Founded by Damon Tassone and Richard Harris, Black Crow AI is a technology startup providing an analytics platform that employs machine learning for real-time business insights. Black Crow AI’s machine learning predictions improve new customer acquisition scale and efficiency by 25-50%, demonstrating its potential to dramatically impact business growth.
Workstream.io
Having its roots in New York City, Workstream.io, founded by Chris Ibarra and Nicholas Freund, aims to revolutionize how complex, analytical projects are managed. The startup provides a platform where teams can streamline work processes, fostering greater productivity and efficiency.
ShotQuality
ShotQuality, based in Larchmont, New York, brings data analytics to the sports world. The startup develops technology to analyze and interpret each shot’s quality in a game based on diverse variables, thus allowing for more accurate game predictions. ShotQuality puts data and analytics into action in the sports field.
Finvar Capnote
Established in New York City by Ikenna Ene, Kenneth Huynh, and Pedro Martins, Finvar Capnote empowers investors and financial professionals with the tools to analyze financial data effectively. Through Finvar’s Capnote platform, users can rapidly make informed financial decisions.
Theme Analytics
Theme Analytics is a New York City-based trading firm established by Peter Wild. The company uses its proprietary strategies to generate risk-adjusted returns, agglomerating smart ideas, disciplined testing, and practical technology application.
OpenAxis
Founded by Alex Damianou, Andrew Chung, and Patrick Russo, OpenAxis operates from New York City. This startup integrates analytics, data visualization, journalism, social impact, and software to create a diverse and unique product offering.
Rasgo
Established by Jared Parker and Patrick Dougherty, Rasgo is committed to erasing metric inconsistencies that hamper business insights. The startup has raised over $25M in Series A funding and caters to global enterprise production customers.
AlphaBBL
Founded by Robert Powell and Tian Xu in New York City, AlphaBBL offers an innovative solution for onshore oil storage measurement. The startup leverages proprietary data mining algorithms and knowledge about oil storage nuances to deliver its services.
Groundwork
Groundwork, based in Brooklyn, New York, and founded by Beth Calhoun-Leipold and Julian De Ocampo, offers tailored data management and predictive solutions to help geoprofessionals incorporate advanced data analytics and machine learning in their day-to-day activities.
Discern.io
Founded by Helen Lin, Discern.io is a New York City-based analytics startup making strides in the software industry. The startup serves as a beacon of innovation and potential in the analytics world.
