2021 Best Tech Startups in New Jersey

February 12, 2021March 1, 2023 thetechtribune

The Tech Tribune staff has compiled the very best tech startups in New Jersey. 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. Scale Microgrid Solutions

Founded: 2016

“The future of humanity is dependent on making our energy infrastructure cleaner, more affordable, and more resilient. Microgrids are a key component of the solution. We build the world’s most cutting-edge microgrid solutions.”

2. OwnBackup

Founded: 2012

Also honored in:

“OwnBackup believes that no company operating on the cloud should ever lose data.

With comprehensive backup, visual compare, and fast recovery capabilities, we have helped hundreds of organizations through data loss and corruption crises. Our solution also provides enterprises with the performance and reporting required to meet compliance regulations in a number of industries. We provide secure, automated, daily backups of SaaS and PaaS data, including Salesforce, ServiceNow and Slack.”

3. BlockFi

Founded: 2017

Also honored in: 2021 Best Tech Startups in Jersey City

“We provide the wealth management products crypto investors need, all powered by blockchain technology. Currently, we service clients worldwide and in all U.S. states, with USD loans backed by crypto, interest earning accounts, and trading.

Learn more about our products, company, and team at BlockFi.com.”

4. MIAX Exchange Group

Founded: 2012

“MIAX Options, MIAX PEARL and MIAX Emerald are fully electronic options trading exchanges and wholly-owned subsidiaries of Miami International Holdings, Inc. (MIH) that comprise the MIAX Exchange Group. The MIAX Exchange Group assembled a team with deep rooted experience in developing, operating and trading on options exchanges, and its trading platforms were developed in-house and designed from the ground up for the unique functional and performance demands of derivatives trading. MIAX Options, MIAX PEARL and MIAX Emerald leverage the MIAX Exchange Group’s industry-leading technology and infrastructure to provide their member firms with both traditional and maker-taker pricing structures. With the launch of MIAX Emerald, the MIAX Exchange Group now has access to approximately 80% of the overall U.S. options market volume.

On February 21, 2019 MIAX Options launched options on the SPIKES™ Volatility Index. SPIKES™ is a measure of the expected 30-day volatility in the SPDR® S&P 500® ETF (SPY), the most actively-traded exchange traded fund in the world. SPIKES™ was developed by T3 Index (T3), a research-driven indexing firm that develops proprietary indexes as part of a partnership with MIH.”

5. OpenLegacy

Founded: 2013

Also honored in: 2020 Best Tech Startups in Virginia

“OpenLegacy helps organizations quickly develop a composable enterprise by extending their core (legacy) systems to the web, mobile and cloud in days or weeks versus months. Our API software quickly reduces project backlog by automating and accelerating API creation, deployment, testing and management from core applications, mainframes and databases. Together, business and IT teams can quickly, easily and securely meet consumer, partner or employee demands for digital services without modernizing or replacing core systems, and without special programming skills or invasive changes to existing systems and architectures. Learn why leading companies choose OpenLegacy at www.openlegacy.com.”

6. Flow Commerce

Founded: 2015

Also honored in:

“Flow provides a turn-key platform for e-commerce companies to go global, capturing international demand for their products. The platform enables merchants to simply configure their cross-border supply-chain requirements and immediately fulfill their overseas demand. Flow can be used by e-commerce companies of any size and both as a complete, end-to-end solution or as a modular unbundled product. Using the Flow platform the experience of buying & selling internationally is as easy as domestic for both merchants and consumers.”

7. Apprentice.io

Founded: 2014

Also honored in:

“Apprentice.io delivers the life science industry’s only intelligent software platform built to help teams scale faster – from COVID to cancer. From small/large molecule to cell and gene therapy, Apprentice’s cloud-based system leverages artificial intelligence, augmented reality and Pharma 4.0 principles to increase an organization’s speed to market.

Run your entire batch campaign and leverage your data for continuous process improvement while taking your existing procedures and making them smart. Optimize your entire supply chain, performing predictive consumable and raw material management, smart equipment tracking and preventive maintenance scheduling. Elevate your teams’ potential using language-independent, global collaboration tools in or out of the lab and suite to increase speed to resolution and decrease travel.

Apprentice takes an end-to-end approach to manufacturing so you can scale faster with greater flexibility on a system that’s ergonomic and intuitive, not outdated, cumbersome or complicated. From batch execution to global collaboration, Apprentice helps manufacturing teams deliver lifesaving drugs to market faster, for the people who need them the most.”

8. Kiswe

Founded: 2013

“Kiswe connects at-home viewers with live events and in-venue fans through interactive video experiences that create memorable social experiences and build loyalty. Kiswe’s video production solution, Kiswe Studio, uses cloud-based technology to transform the way live games and events are professionally produced and broadcasted. The Kiswe suite of solutions is used by the world’s largest broadcasters, media companies, sports and eSports leagues, and music labels. Kiswe is headquartered in the U.S. and has offices in Europe and Asia. For more information visit www.kiswe.com.”

9. OpenDoor Trading

Founded: 2015

Also honored in:

“OpenDoor Securities enhances liquidity of Off-the-Run Treasuries (OFTR’s) and TIPS, the principal pain points in US Treasuries, through a cost-effective, all-to-all, session-based trading platform. Our customers include some of the world’s largest asset managers, central banks, primary dealers, hedge funds, and trading firms. OpenDoor offers free access to our browser-based platform.”

10. DriveWealth

Founded: 2012

Also honored in:

“DriveWealth was founded on the mission to democratize investing in the U.S. stock market by making it available to everyone, globally, at an affordable cost. We have developed a unique proprietary ecosystem powered by licenses to clear fractional-share orders. Partners around the world and hundreds of thousands of clients have—for the very first time—access to invest in a highly stable, liquid, and regulated financial system.”