Published on October 24, 2022
A big-money valuation is only half the goal for many startup founders. Many entrepreneurs are motivated by a single goal to change how we see and interact with the world. While every business has something to teach us, the most innovative startups frequently have the most profound lessons.
Every month, people highlight the most exciting startups from their Startup Membership community. This time, we’re focusing on companies that are working to improve the world, whether it’s by bettering the food systems, improving the way we protect personal information from hackers, or helping people with some medical issues. Keep going to read to discover more about these amazing startups:
2tor, founded in 2008 by heavyweight education entrepreneurs, partners with leading U.S. universities to provide their degree programs online, including Georgetown, UNC, USC, and Washington University in St. Louis.
The purpose is to provide students from all over the world with the option to distance learning at a top American university without compromising education quality, social experience, or material personalization.
2tor has emerged as the industry leader in the fast-developing School-as-a-Service sector, with $96 million in venture capital raised and proven success to date. Industry reform is always possible; it just takes a little creativity.
Square is different from other startups that come before it and its increasing influence and size eventually affect the way entrepreneurs manage their businesses and venture capitalists invest.
Square has developed into a multibillion-dollar company by allowing mobile merchants to accept credit card payments. The company depends on growing its user base by giving the device and the software away for free and generating revenue with a small proportion of transactions.
Square’s success is also a validation of the mobile-centric approach that is increasingly popular among entrepreneurs. According to Greylock’s Josh Elman, “Square has helped everyone see the value in mobile-first thinking.” “Mobile isn’t simply a consumer phenomenon; helping small businesses be more successful in mobile can be a major business.”
Instagram is a popular photo-sharing app that enhances photographs using filters. It set download records and grew a community of over 50 million loyal users after its release on the Android market. With a minimal marketing budget, Instagram relied entirely on an almost fanatical community fan base to spread the word, eventually selling to Facebook for over $1 billion.
Eric Rutin, head of marketing at Kids Dental Brands, said, “Instagram is a terrific platform for reaching current and future customers.” “Instagram, with most social media, may help a business build brand awareness and drive customers through the sales process.”
Kintsugi is a mental health startup that uses artificial intelligence to help clinicians to detect depression and anxiety in patients more quickly using only their voices. Since its inception in 2019, the company has raised $28 million. Healthcare companies have already started to adopt it, and it is expected to be used on millions of patient phone calls by the end of 2022.
According to the Centres for Disease Control and Prevention, between August 2020 and February 2021, the percentage of adults with recent anxiety or depressive disorder symptoms reached 41.5% from 36.4%.
According to a report, around 40 billion plastic utensils are used and discarded each year. Bakeys provides the best alternative to plastic cutlery by manufacturing edible cutlery, targeting roughly 1 billion customers. Petroleum-based plastic, which is widely used, is not only damaging to our health but also dangerous to the environment because it contains very poisonous chemicals.
Bakey’s cutlery is made from a mixture of sorghum flour, wheat, and rice. This gives a chemical-free option that is helpful not only to human health but also to the environment.
Pinterest is a famous social media platform where users can share various photographs. Businesses are also actively promoting their products on this site. Any business’s main focus is to highlight its key features while also generating awareness about its brands and products.
Pinterest was developed to keep track of ideas. Boards are carefully organized collections of ideas that others can view and add to. These boards can be shared, explored, and occasionally even built by others.
Many things are included in this concept like food, gardening, aesthetics, and automobiles. Finding Pinterest marketing experts that can guide you through the tactics and best practices for using Pinterest in your marketing efforts is a smart decision.
“Numly™’s purpose is to improve employee performance and employee engagement through coaching and skills development. NumlyEngageTM is an AI-enhanced platform that enables coaching as an extension of eLearning, allowing companies to tap into their employees’ hard and soft talents while also empowering them to coach one another in an organized manner.
It utilizes third-party learning content, professional coaches, and built-in programs for all corporate functional groups such as Sales, Customer Success, R&D/Engineering, and others. As a result, NumlyEngageTM helps companies in increasing revenue, improving performance, and increasing employee engagement, particularly in the post-COVID-19 era of working from home (WFH).”
This is a unique job marketplace where anyone with suitable skill sets, regardless of age, gender, educational background, or employment experience can find a job. It is clear that the traditional method of CV screening affects many candidates. A CV tells us the chronological history of employment as told by the candidate. They don’t show abilities and skills that a person can have.
In many situations, CVs support a biased vision of the candidate, making it incredibly difficult to change careers and explore options outside of a narrow career track. PitchMe helps employers to go beyond the resume and see the candidate’s full potential, making the hiring process more intelligent and efficient.
This is a fashion discovery and shopping platform that democratizes the industry by providing all fashion-conscious consumers, regardless of demographics or geo-graphics, with a direct link to designers and fashion from across the world.
FashWire offers a compelling interactive experience by combining immersive swipe voting and social integration to instantly influence the designer.
Customers can shop a curated edit of 30,000+ products from over 400 modern designers and brands from 40+ countries through FashWire’s market-leading app and web experience.
There are a lot of companies that change the world in a positive and beautiful way. The startup is the world’s engine of change in innovation and also in terms of business growth. Startups are important for the establishment of an economy that can accommodate new job seekers who have recently entered the workforce.
It also helps in the advancement of technology and the expansion of the global economy. Not only that, but startups also contribute to constructing a good and effective environment for research and development, which keeps the economy moving in the right direction.