Top Fast-Growing Oregon Startups to Watch [2022]

Top Startups
Top Fast-Growing Oregon Startups to Watch [2022]

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

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 14 fast-growing startups in Oregon that have top-tier venture capital funding.

Top 14 Fastest-Growing Startups In Oregon

1) ESS

ESS is a prominent manufacturer of long-duration energy storage systems for C&I, utility, microgrid, and off-grid applications.

Details of the startup:

  • Started in: 2011
  • Founders: Craig Evans, Julia Song
  • Industries: Electronics, Energy, Energy Management, Energy Storage, Information Technology, Renewable Energy
  • Number of employees: 11-50
  • Funding amount: $47,005,727
  • Number of funding rounds: 8
  • Number of investors: 16

You can find their website here.

2) Puppet

Puppet is a firm that develops information technology automation tools for system administrators.

Details of the startup:

  • Started in: 2009
  • Founders: Andrew Shafer, Luke Kanies
  • Industries: Application Performance Management, Data Center Automation, Information Services, Information Technology, IT Infrastructure, Software
  • Number of employees: 251-500
  • Funding amount: $189,500,000
  • Number of funding rounds: 8
  • Number of investors: 13

You can find their website here.

3) Reclaim.ai

A clever calendar companion that automatically schedules the tasks you want to complete.

Details of the startup:

  • Started in: 2019
  • Founders: Henry Shapiro, Patrick Lightbody
  • Industries: Enterprise Software, Product Management, Productivity Tools, Software
  • Number of employees: 1-10
  • Funding amount: $6,300,000
  • Number of funding rounds: 2
  • Number of investors: 5

You can find their website here.

4) The Wild

The Wild is a virtual and augmented reality-based immersive collaboration platform that helps architecture, design, and enterprise teams save time and make better decisions by allowing them to experience their work together in a shared virtual area.

Details of the startup:

  • Started in: 2017
  • Founders: Gabe Paez
  • Industries: Architecture, Augmented Reality, Collaboration, Construction, Real Time, Software, Virtual Reality
  • Number of employees: 11-50
  • Funding amount: $3,125,000
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

5) Vacasa

Vacasa is a vacation rental management company that specializes in assisting homeowners with the purchase, management, and sale of their holiday homes.

Details of the startup:

  • Started in: 2009
  • Founders: Cliff Johnson, Eric Breon
  • Industries: Adventure Travel, Leisure, Property Management, Real Estate, Tourism, Travel, Travel Accommodations, Vacation Rental
  • Number of employees: 1001-5000
  • Funding amount: $634,500,000
  • Number of funding rounds: 6
  • Number of investors: 5

You can find their website here.

6) Oculii

Oculii is a company that makes high-resolution imaging radars for self-driving cars.

Details of the startup:

  • Started in: 2015
  • Founders: Lang Hong, Steven Hong
  • Industries: Automotive, Sensor
  • Number of employees: 11-50
  • Funding amount: $76,078,200
  • Number of funding rounds: 4
  • Number of investors: 24

You can find their website here.

7) Exterro

Exterro is a software startup that specializes in work flow management.

Details of the startup:

  • Started in: 2004
  • Founders: Bobby Balachandran
  • Industries: Ediscovery, Legal, Risk Management, Software
  • Number of employees: 101-250
  • Funding amount: $100,000,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

8) Sensu

Sensu is a dynamic operating environment full-stack monitoring platform.

Details of the startup:

  • Started in: 2017
  • Founders: Caleb Hailey, Sean Porter
  • Industries: Cloud Computing, Cloud Infrastructure, Data Center Automation, Enterprise Software, Internet, IT Infrastructure, Software
  • Number of employees: 11-50
  • Funding amount: $12,500,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

9) Customer.io

Customer.io allows users to deliver newsletters to specific subsets of their consumers based on information from their website.

Details of the startup:

  • Started in: 2012
  • Founders: Colin Nederkoorn, John Allison
  • Industries: Digital Media, Product Search, SaaS, Software
  • Number of employees: 101-250
  • Funding amount: $5,298,000
  • Number of funding rounds: 5
  • Number of investors: 11

You can find their website here.

10) Sila

Sila is a banking as a service platform that allows software teams to program money.

Details of the startup:

  • Started in: 2018
  • Founders: Alexander Lipton, Angela Angelovska-Wilson, Isaac Hines, Shamir Karkal
  • Industries: Banking, Credit Cards, Debit Cards, Developer APIs, Developer Platform, FinTech, Payments, Transaction Processing
  • Number of employees: 11-50
  • Funding amount: $7,700,000
  • Number of funding rounds: 3
  • Number of investors: 9

You can find their website here.

11) Circle Media

In terms of providing comprehensive screen time management and parental control solutions to families, Circle Media is the market leader.

Details of the startup:

  • Started in: 2014
  • Founders: Jelani Memory, Kyle Wiley, Lance Charlish, Sean Kelly, Tiebing Zhang
  • Industries: Digital Media, Software, Wellness
  • Number of employees: 11-50
  • Funding amount: $33,169,737
  • Number of funding rounds: 5
  • Number of investors: 9

You can find their website here.

12) G5

In the property management industry, G5 delivers digital experience management (DXM) software and services.

Details of the startup:

  • Started in: 2005
  • Founders: Dan Hobin, Greg Meier
  • Industries: Local, Marketing, Property Management, SaaS, Search Engine, Software
  • Number of employees: 251-500
  • Funding amount: $91,000,000
  • Number of funding rounds: 2
  • Number of investors: 3

You can find their website here.

13) CrowdStreet

CrowdStreet connects investors with commercial real estate enterprises through online commercial real estate investment products and technology.

Details of the startup:

  • Started in: 2013
  • Founders: Darren Powderly, Michael Taus, Tore C. Steen
  • Industries: Commercial Real Estate, Crowdfunding, Financial Services, FinTech, Real Estate, Real Estate Investment
  • Number of employees: 101-250
  • Funding amount: $24,850,000
  • Number of funding rounds: 4
  • Number of investors: 6

You can find their website here.

14) Fleet

Businesses may utilize Fleet’s online platform to book and manage international freight transportation.

Details of the startup:

  • Started in: 2014
  • Founders: Max Lock
  • Industries: Logistics, Shipping, Software, Supply Chain Management
  • Number of employees: 11-50
  • Funding amount: $16,510,502
  • Number of funding rounds: 4
  • Number of investors: 12

You can find their website here.

FAQs

What Is The Average Investment In Oregon?

According to the Oregon Economic Development Department, the average startup investment in Oregon is approximately $250,000.

Is Oregon A Good State To Start A Business?

Oregon is a good state to start a business. The state has a business-friendly environment and a strong economy. The state also has a skilled workforce and a variety of resources for businesses.

How Many Startups Are There In Oregon?

There is no definitive answer, but according to the Oregon Entrepreneurs Network, there are over 4,000 startups in Oregon.

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