2020 Best Tech Startups in Draper
The Tech Tribune staff has compiled the very best tech startups in Draper, Utah. 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. Nav
Founded: 2012
Also honored in:
“Nav is a venture-backed fintech company that helps business owners manage their financial data to get more funding, lower their costs and save time. It provides free access to credit reports and scores specifically for small business owners, including both business and personal credit reports, cash-flow analysis, tools to help build business credit and a marketplace with more than 100 financing products, including credit cards. Its marketplace uses a lender-neutral algorithm to help business owners find the best financing options for their needs before they apply.”
2. Numetric
Founded: 2015
Also honored in: 2019 Best Tech Startups in Draper
“Numetric, a Traffic Safety Analytics Solution Provider, empowers state and local agencies to achieve greater confidence and consensus around resource investment decisions and save more lives on our roadways. It accomplishes this through its off-the-shelf, configurable, cloud-based Traffic Safety Analytics Platform and its suite of easy-to-use applications which are purpose-built to allow agencies to perform critical analyses faster and with more depth, easily share data with all relevant groups, and make more informed decisions to optimize investments and reduce fatal crashes. To learn more, visit numetric.com.”
3. Evernym
Founded: 2013
Also honored in: 2019 Best Tech Startups in Draper
“Evernym is the creator of Sovrin, a platform for every person, organization, and connected thing to have an independent identity—an identity separate from any “silo”—that enables trusted peer-to-peer interaction on a global scale. Evernym is gifting this distributed ledger to the world via the Sovrin Foundation.
We are now building a set of services using Sovrin identity for interactions with businesses or each other in a safe, secure, and permissioned manner. Say goodbye to identity theft, consumer fraud, surveillance economy, and hello to trusted, private interactions.”
4. Dwelo
Founded: 2014
“Dwelo is bringing smart device technology to apartment communities. Our software, hardware, and service platform enables the owners and managers of multifamily properties to offer smart homes as an amenity to their residents and simultaneously improves the efficiency of property operations. Dwelo smart apartments are live in thousands of apartments from coast to coast. We are a growing team making a lot happen, we are the leaders in this space while taking on some big names, and we are on track for a billion-dollar outcome.
The idea for Dwelo came from seeing opportunities and inefficiencies in apartments up close. Eric, Dwelo’s co-founder, and president was managing apartments with his wife in the Bay Area and saw what smart technology could do for rental housing. At the time, David, Dwelo’s co-founder and chief customer officer, was at Salesforce, and he and Eric had been looking for opportunities to start a business since they had met each other in college. As they began calling apartment owners and pitching a smart device platform for rentals, it became clear: this was it. So they quit their jobs and moved back to Salt Lake City to start the journey that’s built Dwelo into the multi-million dollar business it is today.”