2024 Best Tech Startups in Connecticut

June 14, 2024 thetechtribune

The Tech Tribune staff has compiled the very best tech startups in Connecticut. In doing our research, we considered several factors including but not limited to:

Revenue potential
Leadership team
Brand/product traction
Competitive landscape

Additionally, all companies must be independent (unacquired), privately owned, at most 10 years old, and have received at least one round of funding in order to qualify.

Looking for a badge to celebrate your awesome accomplishment? Find it here!

10. Wellinks

Founded: 2014

Also honored in:

“Wellinks is the COPD disease management company providing individuals with the personalized care and support necessary for successful self-management. We prioritize the unique needs of each member to establish a clear path to better health.

Our programs extend the reach of existing care resources, and fill gaps where they are absent. Respiratory specialists and our health coaches work one-on-one and across a community of members to personalize the experience and unlock the power of the individual in their journey to better health.

Our care pathways are supported by a suite of innovative and simple to use technology, including a kit of connected devices and the Wellinks app, bridging the gap between doctor visits and allow patients to manage their COPD from wherever life takes them.”

9. Quantum Circuits

Founded: 2015

“Quantum Circuits is developing a full-stack quantum computing platform using superconducting devices and a modular, robust, and scalable architecture. Our mission is to build the first truly useful quantum computers.

Our novel approach to building quantum computers is based on technology developed over a decade of research at Yale University’s world-class quantum labs. Our machines have built-in error correction, unique software features that enable lightning-fast algorithm execution, and multiple modes of operation to solve more algorithms than ever, all in one quantum computer.”

8. Inbox Health

Founded: 2012

Also honored in:

“Inbox Health directly addresses one of the fastest-growing problems in healthcare—the challenge of patient A/R. Built for medical billers, Inbox Health automates patient billing and patient payments and modernizes the patient support experience. Inbox Health improves patient engagement by providing clear medical bills immediately after service, choice of payment methods and communication channels, and fast, empathetic support through the phone and live chat. By improving the patient experience, billers see an increase in profitability, cash flow, and collection speeds. With Inbox Health, billing companies report a 60% increase in collection speeds in the first 60 days. Inbox Health provides billing companies an automated, streamlined platform that saves time, reduces paper statement costs, and results in fewer patient phone calls. Inbox Health currently serves over 2,000 healthcare practices and over 2 million patients. Headquartered in New Haven, Conn., Inbox Health was recently named to the Inc. 5000 list of fastest-growing private companies in America.”

7. Bennie

Founded: 2019

Also honored in: 2023 Best Tech Startups in Connecticut

“Bennie’s global benefits platform helps employers, employees, and their dependents thrive through a range of modern solutions, including consulting, insurance, coaching, and training.

Our proven team of industry innovators & experts have come together from top benefits firms, technology startups, and insurance carriers to help people live healthier lives.

Modern companies require well-rounded benefits. Bennie is your one-stop solution that goes beyond traditional benefits and includes employee coaching, training, P&C insurance, and more.”

6. Covr Financial Technologies

Founded: 2013

Also honored in:

“Covr is an “Insurtech” company that provides a digital insurance platform that simplifies the insurance process and makes it easy to protect your loved ones. Through partnerships with financial institutions and other national brands, Covr’s embedded technology gives financial advisors and their customers a way to research and purchase life insurance from top-rated companies without the hassles of the traditional process. To learn more, visit www.covrtech.com

Covr has also developed a platform for Independent financial advisors. With Covr Pro, independent advisors have all the tools they need to increase their sales, reduce cost, and maximize compensation. To learn more, visit www.covrpro.com.

Covr is backed by leading venture capital firms: Allianz Life Ventures, Aflac Ventures, Nyca Partners, Commerce Ventures, Connectivity Capital Partners Contour Venture Partners and Sony IGV.”

5. Shelf

Founded: 2015

Also honored in:

“GenAI has the potential to transform the contact center, but without up-to-date and trusted knowledge, it provides inaccurate answers, creates hallucinations, and exposes companies to new compliance risks. Shelf offers organizations a secure way to incorporate LLMs to scale their knowledge, boost agent performance, and improve customer satisfaction. Our MerlinAI technology assesses, identifies issues, prioritizes improvements, and monitors content on a continuous basis in order to turn your organization’s knowledge into an infrastructure for success.”

4. ThayerMahan

Founded: 2016

Also honored in: 2023 Best Tech Startups in Connecticut

“ThayerMahan, Inc. is a maritime technology company dedicated to providing its government and commercial clients with turn-key autonomous marine solutions, including deployment, operations, data gathering, and analysis services, using state-of-the-art acoustic and electronic sensors integrated on a variety of host platforms tailored to specific mission criteria.”

3. identifeye HEALTH

Founded: 2018

Also honored in: 2022 Best Tech Startups in Connecticut

“The eye is the window into the body. Identifeye Health is creating a non-invasive test that detects health conditions through the eyes.

Identifeye Health is part of the 4Catalyzer accelerator, with over $700 Million in funding, 300 scientists and engineers. Our offices are in Guilford CT, New York City, and Palo Alto.

4Catalyzer is founded by Jonathan Rothberg, the inventor of “Next-Gen” DNA sequencing and ultrasound-on-a-chip (Butterfly Network).”

2. Tomo

Founded: 2020

Also honored in:

“Tomo Networks is a fintech startup that improves the homebuying experience by pairing a smarter and faster mortgage process with the best real estate agents to eliminate complexity, reduce cost, and put buyers in the best position to close. Tomo Networks was created by Greg Schwartz and Carey Armstrong in October 2020, and has since announced $70 million in seed funding – the largest ever for a startup in the real estate space. The company, with offices in Stamford, CT, Seattle, WA & Austin, TX, launched in October 2020 and began operations on June 30th 2021 in Seattle, Dallas, and Houston. Tomo Networks operates through its subsidiaries, Tomo Mortgage and Tomo Brokerage. For more information, visit hellotomo.com.”

1. Enko Chem

Founded: 2017

Also honored in:

“Enko® designs safe and sustainable solutions to farmers’ biggest crop threats, from pest resistance to new diseases. By applying the latest drug discovery and development approaches from pharma to plants, Enko is bringing an innovation model to agriculture and meeting farmers’ evolving needs. Founded in 2017 and led by a team of proven scientists, entrepreneurs and agriculture industry veterans, Enko is backed by investors including the Bill & Melinda Gates Foundation, Anterra Capital, Finistere Ventures, Novalis LifeSciences, Germin8 Ventures, TO Ventures Food, and Rabo Food & Agri Innovation Fund.”

10. Wellinks

9. Quantum Circuits

8. Inbox Health

7. Bennie

6. Covr Financial Technologies

5. Shelf

4. ThayerMahan

3. identifeye HEALTH

2. Tomo

1. Enko Chem

One thought on “2024 Best Tech Startups in Connecticut”