2018 Best Tech Startups in Michigan
The Tech Tribune staff has compiled the very best tech startups in Michigan. 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.
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1. Duo Security
Founded: 2010
Also honored in: 2018 Best Tech Startups in Ann Arbor
“We are Duo, and we’re here to democratize security.
We were born from a hacker ethos and a desire to make the Internet a secure place. Our mission is to protect the mission of our customers by making security simple for everyone.
Our team is our secret weapon. We’re a diverse crew of makers and builders, skaters and coders, filmmakers and DJ’s, teachers and students brought together by a shared belief in adding value to the world. That diversity allows us to bring an empathetic approach to solve some of the most complex global business and security challenges faced today.”
2. Rivian Automotive
Founded: 2009
“Rivian is developing vehicles, technology, and services that inspire people to get out and explore the world. Whether it’s a family camping trip or a weekend away, we provide the ultimate platform for experiencing life’s adventures.
We have development centers in Plymouth, MI, San Jose, CA and Irvine, CA. In addition to our three development locations, we have a modern, functioning 2.6 million square foot manufacturing plant in Normal, IL.”
3. ardentCause
Founded: 2009
“ardentCause L3C is a social entrepreneurship start-up venture. Founded in the fall of 2009, ardentCause has a singular focus: to help non-profits more easily fulfill their missions, and meet the needs of those they serve.
Dedicated to increasing non-profit effectiveness, ardentCause L3C focuses on building capacity for its clients; helping them collaborate at the highest levels; and ensuring sustainability of their organizations. The company accomplishes this by providing simple, affordable technology solutions, and expert technology/management consulting services that save time, energy and funds.”
4. Xeeva
Founded: 2014
“Founded in 2014, Xeeva is a global provider of intelligent cloud-based procurement software and financial solutions for indirect spend and MRO. Used in over 45 countries and available in 18 languages, their software suite automates the source-to-pay process with open communication for e-invoicing, procurement, and sourcing. Xeeva’s innovative and patented technology is driven by advanced artificial intelligence and simplifies the procure-to-pay process with a focus on driving results – leading to increased productivity, improved compliance and control, and a sustainable bottom line impact.”
5. FarmLogs
Founded: 2012
Also honored in: 2018 Best Tech Startups in Ann Arbor
“Technology that simplifies farming. Get timely, unbiased information to improve yield, eliminate waste, and maximize the profitability of every acre.”
6. Karamba Security
Founded: 2015
“Karamba Security is a software company that focuses on securing automotive controllers and IoT devices from hackers in a simple, yet hermetic manner. Karamba Security is led by a team comprised of security experts, serial entrepreneurs and business savvy executives with a track record of multiple IPOs and M&As.”
7. Tome
Founded: 2014
“From their office nest in metro Detroit, Tome’s wise, challenge hungry owls live to take on the world’s most-intriguing tech puzzles. Led by serial entrepreneurs Jake Sigal and Massimo Baldini, Tome operates in the Internet of Things tech space, specializing in the development of mobility IoT software solutions. Tome manages the end-to-end product lifecycle to conceive, craft, pilot and launch solutions to real-world problems.
Hailed as TechWeek Detroit’s 2017 Startup of the Year, Tome stocks its team with the right people and always gives them the best tools for the job. Sigal and Baldini founded Tome in 2014 after Ford acquired their first startup, Livio.”
8. ArborMetrix
Founded: 2011
Also honored in: 2018 Best Tech Startups in Ann Arbor
“ArborMetrix delivers healthcare technology solutions focused on provider performance. Our solutions for medical specialty societies and hospital associations, and hospitals and health systems, address the growing need for providers to improve clinically and financially, as healthcare delivery and payment models evolve. We power quality and cost analytics tailored to find actionable information that drives improvement.
Learn more how ArborMetrix can help you by visiting our website and exploring our solutions and capabilities.”
9. Autobooks
Founded: 2015
“82% of small businesses fail due to poor cash flow management according to a US Bank study.
Autobooks is here to help.
Autobooks is a financial technology company that produces payment and accounting software which integrates into online banking platforms. The product allows financial institutions such as banks and credit unions to add a new level of service to their small business clients, and continue to compete in a rapidly changing market.”
10. May Mobility
Founded: 2017
Also honored in: 2018 Best Tech Startups in Ann Arbor
“May Mobility is developing autonomous vehicles from the chassis up with a focus on system level safety design. This focus will allow us to be the first to launch a fully driverless autonomous vehicle. We plan to lead the industry with our system design approach and best in class user experience.”