Top Fast-Growing Wilmington Startups to Watch [2023]

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

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 4 fast-growing startups in Wilmington that have top-tier venture capital funding.

Top 4 Fastest-Growing Startups In Wilmington

1) Locus Robotics

Locus Robotics is a warehouse robotics business that creates self-driving mobile robots to assist with e-commerce.

Details of the startup:

• Started in: 2014
• Founders: Bruce E. Welty
• Industries: E-Commerce, Industrial Automation, Logistics, Robotics, Warehousing
• Number of employees: 101-250
• Funding amount: $249,000,000
• Number of funding rounds: 5
• Number of investors: 5

You can find their website here.

2) Voice

Voice is a platform that reimagines media by encouraging actual people to create, share, find, and promote content.

Details of the startup:

• Started in: 2020
• Industries: Internet, Internet of Things
• Number of employees: 101-250
• Funding amount: $150,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

3) Sovos

Sovos is the world’s leading provider of tax compliance and B2G reporting software.

Details of the startup:

• Started in: 1979
• Industries: Enterprise Resource Planning (ERP), Enterprise Software, Financial Services, Software
• Number of employees: 501-1000
• Funding amount: $31,252,105
• Number of funding rounds: 1
• Number of investors: 2

You can find their website here.

4) ZELF

Zelf is a neobank that aims to transfer money into the hands of Gen Z through AI-powered voice control of the majority of financial transactions.

Details of the startup:

• Started in: 2019
• Founders: Elliot Goykhman
• Industries: Financial Services, FinTech
• Number of employees: 11-50
• Funding amount: $2,000,000
• Number of funding rounds: 1
• Number of investors: 7

You can find their website here.

FAQs

What Is The Average Investment In Wilmington?

It is safe to say that the average startup investment in Wilmington is likely to be in the range of $5,000 to $10,000.

Is Wilmington A Good State To Start A Business?

Yes, the state does have a strong business community and a supportive environment for entrepreneurs. Additionally, Wilmington is home to a number of major corporations, which can provide resources and networking opportunities for small businesses.

How Many Startups Are There In Wilmington?

According to the Wilmington Business Development Corporation, there are over 300 startups in Wilmington.