Massachusetts-based Analytics Startups Revolutionizing US Industry Landscape

December 19, 2023

Across all industries from finance to shipping, analytics is increasingly becoming a core component of decision-making. More and more, companies are leveraging analytics to improve efficiency, make more informed decisions, and gain a competitive edge. In this article, we would like to acknowledge some remarkable analytics startups established in 2020 or later, that are based in Massachusetts and making a difference in various industries using data-driven strategies and technologies. These startups have developed unique solutions in their sectors, demonstrating the vast potential and diverse applications of analytics.

Massachusetts, home to leading universities and a thriving technology sector, has become a hub for analytics startups. These companies are at the forefront of innovation, making use of cutting edge technologies such as artificial intelligence, machine learning, and blockchain to drive their analytics solutions. This article puts a spotlight on these startups, giving an overview of their mission, their founders and the problems they are solving in their niche.

In an era where data is called the new oil, these companies are the refineries, turning raw data into valuable insights. Whether it’s for cryptocurrency traders, shipping companies or record labels, these startups are proving that it’s not the data that’s valuable but how you use it. Here are some of the standout analytics startups from Massachusetts you need to know about.

Metaplane

Founded by Guru Mahendran, Kevin Hu, and Peter Casinelli, Metaplane is on a mission to enable organizations to trust their data. They provide data observability products that help data teams understand when issues occur and how to resolve them effectively. With backing from major investors such as Y Combinator and Flybridge, it’s clear that Metaplane is making great strides in the fields of Analytics, Data Integration, Developer APIs, and SaaS.

Parsec Finance

Will Sheehan launched Parsec Finance in 2020, aiming to create an experience in DeFi similar to a professional brokerage account without custody friction. This platform serves technical analysis for traders and data-focused users, particularly in the areas of Analytics, Blockchain, Cryptocurrency, Financial Services, and FinTech. Connect with Parsec Finance on Linkedin.

FreightFlows

FreightFlows, founded by Matt Morgan, provides predictive analytics for the global trade industry. They utilize analytics, big data, data science, machine learning to provide insights into global maritime activities. Here is the link to FreightFlows’ LinkedIn page.

Stochastic

Stochastic, established by Glenn Ko, offers learning optimization and deployment services that enable AI models. With auto-scaling deployments, comprehensive benchmarking, and automatic acceleration features, Stochastic is taking a leap in the fields of Artificial Intelligence, Machine Learning, and Predictive Analytics. Check out Stochastic’s profile on LinkedIn.

Candelytics

Candelytics is an accelerator-backed startup that is building digital infrastructure to support the revolution in 3D data. Partnered with the Navy Information Warfare Center’s research lab, they leverage LIDAR-based technology to develop advanced analytics solutions. Keep up with all things Candelytics on their LinkedIn page.

Hopara

Founded by Ken Smith, Hopara provides a platform that helps users to visualize and explore big data and aid in better focusing BI and ML efforts. Hopara operates in the fields of Analytics, Software. More about Hopara can be found on LinkedIn.

Immensity

Immensity, established by Nick Minicucci and Tim Mathews, provides intelligent marketing analytics technology to musicians and other creators. Visit Immensity’s LinkedIn profile for more information.

Scientific Financial Systems

Peter Millington set up Scientific Financial Systems to improve the standard in investment technology. With more than 20 years of experience in quantitative research and active fund management, they’re leading the way in the fields of Analytics, Data Visualization, Information Services, and IT management. Check out their LinkedIn page for more information.

Turetsky Consulting

Providing business consulting on Analytics, HR Processes, and Rewards, Turetsky Consulting is a go-to resource for businesses. To learn more about their services, visit their Facebook and LinkedIn page.

Resultably

Resultably, founded by Dave Link, is making a difference in the field of analytics by offering business intelligence capabilities with machine learning properties for business advancement. For more information visit their

Positive Insights Consulting, LLC

Founded by Michael Forde, Positive Insights Consulting, LLC offers reliable and scalable data analytics for businesses. Their work aids in decision making and measurement transparency. For more about their work visit their LinkedIn page.

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