The Most Successful Startups from TechStars Boston

TechStars Boston, part of the renowned TechStars accelerator network, has been a breeding ground for numerous innovative and successful startups. Over the years, this accelerator has helped shape the future of many companies by providing mentorship, resources, and a network of investors. Here are some of the most successful startups that have emerged from TechStars Boston:

1. Sonder

Sonder offers fully furnished, high-end vacation rentals managed by a dedicated hospitality team. Founded in 2012 by Francis Davidson and Lucas Pellan, Sonder has redefined the short-term rental industry with its focus on consistency and high-quality service. The company has raised over $560 million in funding and operates in cities across North America, Europe, and the Middle East.

2. Localytics

Localytics provides analytics and marketing software for mobile and web apps. Founded in 2008 by Raj Aggarwal, Henry Cipolla, and Andrew Rollins, Localytics helps companies understand user behavior and drive engagement through personalized marketing. With over $60 million in funding, Localytics serves some of the biggest brands, including ESPN, HBO, and The New York Times.

3. GrabCad

GrabCad started as a community for mechanical engineers to share their CAD models and quickly grew into a leading collaboration tool for product development. Founded in 2009 by Hardi Meybaum and Indrek Narusk, GrabCad was acquired by Stratasys in 2014 for around $100 million. The platform continues to support engineers and designers in creating innovative products.

4. Kinvey

Kinvey is a Backend as a Service (BaaS) platform that provides cloud backend support for mobile, tablet, and web applications. Founded in 2011 by Sravish Sridhar, Kinvey simplifies backend development, enabling developers to focus on building their front-end applications. Progress Software acquired Kinvey in 2017, further expanding its capabilities in mobile app development.

5. PillPack

PillPack is an online pharmacy that delivers medications in pre-sorted, easy-to-use packaging. Founded in 2013 by TJ Parker and Elliot Cohen, PillPack revolutionized the way people manage their medications. In 2018, Amazon acquired PillPack for $753 million, integrating its services into Amazon's healthcare initiatives and significantly expanding its reach.

6. Freight Farms

Freight Farms creates modular, container-based farms that use hydroponics to grow fresh produce in any location. Founded in 2010 by Brad McNamara and Jon Friedman, Freight Farms aims to make local food production more accessible. The company has raised over $20 million and has deployed its farms worldwide, supporting sustainable agriculture and reducing food miles.

7. Drizly

Drizly is an on-demand alcohol delivery service that connects customers with local liquor stores. Founded in 2012 by Nick Rellas, Justin Robinson, and Spencer Frazier, Drizly has transformed the way people buy alcohol. The company raised over $119 million before being acquired by Uber in 2021 for $1.1 billion, expanding Uber's delivery services beyond food.

8. InsightSquared

InsightSquared offers a sales analytics and performance management platform for small and mid-sized businesses. Founded in 2010 by Fred Shilmover, Sam Clemens, and Bryan Stevenson, InsightSquared helps companies make data-driven decisions to improve their sales processes. With over $30 million in funding, InsightSquared has become a go-to tool for sales teams looking to optimize their performance.

9. True Fit

True Fit provides a data-driven personalization platform for apparel and footwear retailers, helping customers find the right fit and size. Founded in 2010 by William Adler, Jessica Murphy, and Romney Evans, True Fit leverages a vast database of clothing and footwear to match shoppers with the best-fitting products. The company has raised over $100 million and partners with major retailers like Macy's and Nordstrom.

10. CoachUp

CoachUp connects athletes with private coaches across various sports to help them improve their skills. Founded in 2011 by Jordan Fliegel, CoachUp aims to make high-quality coaching accessible to everyone. The platform has raised over $14 million and has helped thousands of athletes achieve their goals through personalized training sessions.

Conclusion

TechStars Boston has played a pivotal role in the success of these startups, providing the support and resources necessary for them to thrive. From revolutionizing industries to creating new market opportunities, these companies exemplify the impact of a strong startup ecosystem. As TechStars Boston continues to nurture new talent, we can expect even more groundbreaking companies to emerge from this accelerator.