2023 Best Tech Startups in Illinois

October 6, 2023January 28, 2024 thetechtribune

The Tech Tribune staff has compiled the very best tech startups in Illinois. 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!

1. Tempus

Tempus

Founded: 2015

Also honored in:

“Tempus is making precision medicine a reality by applying AI in healthcare, deriving insights from our expansive library of clinical data and molecular data. We enable physicians to make real-time, data-driven decisions to deliver personalized care and targeted therapies for patients through our analytical machine learning platform that uses the power of artificial intelligence in healthcare. We also work with partners to facilitate discovery, development, and delivery of optimized therapeutic options for patients through distinctive solution sets.

Our mission is for each patient to benefit from the treatment of others who came before by providing the healthcare industry tools that learn as we gather more data. It’s About Time.”

2. project44

project44

Founded: 2014

Also honored in:

“project44 is on a mission – to make supply chains work. We optimize the movement of products globally, delivering better resiliency, sustainability, and value for our customers.

As the supply chain connective tissue, we operate the most trusted end-to-end visibility platform that tracks more than 1 billion shipments annually for the world’s leading brands.

project44 is the world’s most robust multimodal network, operating in over 170 countries and more than 20 languages. Our approach to global and multimodal connectivity enables supply chain and logistic professionals to track inventory throughout their entire journey.”

3. Kin Insurance

Founded: 2016

“Kin is the home insurance company built for the future. By leveraging thousands of property data points, Kin customizes coverage and prices through a super simple user experience. Kin offers homeowners, landlord, condo, and mobile home insurance through the Kin Interinsurance Network (KIN), a reciprocal exchange owned by its customers who share in the underwriting profit. Because of its efficient technology and direct-to-consumer model, Kin provides exceptionally low prices without compromising coverage.”

4. Loadsmart

Loadsmart

Founded: 2014

Also honored in:

“We are industry veterans and data-scientists using innovative technology to fearlessly reinvent the future of freight. As the ‘nerds of logistics’, we seek intelligence in data to solve deep-rooted inefficiencies in the industry. We give shippers, brokers and carriers access to our data connections (linking supply and demand) and suite of award-winning solutions to strike the perfect balance of cost and service. We’re creating a more efficient and environmentally responsible way to move more with less. For more information, please visit: https://loadsmart.com.”

5. ShipBob

shipbob

Founded: 2014

Also honored in:

“Founded in 2014, ShipBob is a tech-enabled 3PL that offers simple, fast and affordable fulfillment for thousands of brands with an international fulfillment network across the US, Canada, Europe, and Australia. ShipBob’s proprietary technology combines order and inventory management, warehouse management, predictive data and analytics, as well as optimized shipping for ecommerce companies.”

6. M1 Holdings

M1 Finance

Founded: 2015

Also honored in:

“M1 is an all-in-one money management platform that helps self-directed investors achieve long-term financial wellness. You can create a custom portfolio, schedule your money moves, and rebalance your portfolio with one click. We empower investors to automate away the everyday details of portfolio management, leaving more time to focus on the big picture.

Our platform is free, easy to use, and loaded with powerful features. You can use it on your iPhone, Android, or desktop computer.”

7. Clearcover

Clearcover

Founded: 2016

Also honored in:

“We offer affordable car insurance that’s smarter, faster and puts your needs above all else, helping you make informed decisions every step of the way. We help you save money while delivering the industry’s fastest claims, easy payments, and exceptional services.

Our API-first approach helps you save money while delivering the industry’s fastest claims, easy payments, and exceptional services. We make payments easy and offer convenient policy management through an award-winning mobile app. Our powerful technology, coupled with our dedicated Customer Advocate team, provides an excellent insurance experience with affordable rates.”

8. Amount

Amount.com

Founded: 2019

Also honored in:

“Amount accelerates seamless omnichannel customer experiences with a full suite of end-to-end retail banking and point-of-sale solutions.

Power new and unique digital banking experiences in just months–not years.”

9. Copado

Copado

Founded: 2013

Also honored in:

“Copado is an end to end native DevOps solution that unites Admins, Architects and Developers on one platform. DevOps is a team sport, and uniting all 3 allows you to focus on what you need to focus on – getting innovation into the hands of the customer.

However, collaboration moves beyond just the Admins, Architects and Developers. You also need to collaborate with the IT departments, business planning units and your customers to achieve the ultimate release process enlightenment.

Copado provides the tools and processes that unite all these departments together, working in sync to enable a streamlined and more efficient, higher quality release process, resulting in happier teams and higher levels of innovation.”

10. FourKites

FourKites

Founded: 2014

Also honored in:

“FourKites is the world’s leading supply chain intelligence platform, delivering real-time visibility and execution for 1200+ companies and third-party logistics firms across 200 countries. Using a patented artificial intelligence to calculate shipment arrival times, FourKites enables customers to lower operating costs, improve on-time performance, and strengthen end-customer relationships.

Tracking over 3 million shipments each day, FourKites covers all modes, nodes and signals to extend visibility beyond transportation into yards, warehouses, stores and more. The platform provides a single view of your entire supply chain and is optimized for mobile, equipped with market-leading end-to-end security.”