2022 Best Tech Startups in Somerville

February 7, 2022April 11, 2024 thetechtribune

The Tech Tribune staff has compiled the very best tech startups in Somerville, Massachusetts. 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. Form Energy

Founded: 2017

Also honored in: 2021 Best Tech Startups in Somerville

“Form Energy is developing a brand new class of cost-effective, multi-day energy storage systems. With these new systems, renewables can be made fully firm and dispatchable year-round, and transmission capacity can be expanded without the need for new wires. If we are successful, the global electric system will be entirely reshaped, and given new form.

Learn more about Form Energy here: https://www.formenergy.com and https://www.engine.xyz/founders/baseload/

We’re always looking for outstanding people to join our team. If you’re interested, please drop us a line at: [email protected].”

2. Formlabs

Formlabs

Founded: 2011

Also honored in:

“We’re a passionate team of engineers, designers, and problem-solvers. Started out of MIT in 2011, Formlabs is now over 500 people across Boston, North Carolina, Hungary, Germany, Japan, and China. We’re committed to bringing powerful and accessible fabrication tools into the creative hands of professionals around the world.

With the Form 2 SLA 3D printer, Fuse 1 SLS 3D printer, Form Cell manufacturing solution, and Pinshape marketplace of 3D designs, Formlabs is establishing the industry benchmark in professional 3D printing for professionals from a variety of industries. We also develop high-performance materials in-house, as well as best-in-class 3D printing software like PreForm and Dashboard.”

3. Tulip Interfaces

Tulip Interfaces

Founded: 2014

Also honored in:

“Tulip, the leader in frontline operations, is empowering the world’s leading companies to improve the productivity of their teams, the quality of their output, and the efficiency of their operations. Companies use Tulip to digitally transform their operations and gain real-time visibility into the people, machines and processes involved in production—all in a matter of days.

Companies of all sizes, across industries including consumer electronics, pharmaceuticals, aerospace and defense, contract manufacturing, automotive, apparel, medical devices and more, have implemented Tulip’s intuitive software and hardware platform to solve some of the most pressing challenges in frontline operations. Companies use Tulip to error-proof processes with guided workflows, integrate industrial IoT (IIoT) technologies with legacy machines, and capture and analyze real-time operations data.”

4. RightHand Robotics

RightHand Robotics

Founded: 2015

Also honored in:

“RightHand Robotics (RHR) is a leader in providing end-to-end solutions that reduce the cost of e-commerce order-fulfillment of electronics, apparel, grocery, pharmaceuticals, and countless other industries. Unlike traditional factory robots that can be complex to setup and are singly purposed, RHR solutions are simple to integrate and adaptable to improve the utilization of many different customer workflows, such as sorting batch-picked items, picking items from an ASRS, inducting items to a belt sorter, and order quality assurance.”

5. Neural Magic

Neural Magic

Founded: 2017

Also honored in: 2021 Best Tech Startups in Somerville

“Neural Magic is unlocking the possibility of machine learning, by re-imagining how deep learning is done. A team of pioneers, we believe machine learning has the potential to alter the trajectory of human history. Break free of limitations. Be a part of the future.”

6. Podimetrics

Podimetrics

Founded: 2011

Also honored in:

“Podimetrics is a virtual care management company dedicated to preventing costly and deadly diabetic amputations. We provide high-risk patients our FDA-cleared SmartMat™ through partnerships with payers and at-risk providers, including the Veterans Health Administration. After placing their feet on the mat for just 20 seconds a day, patients’ data are automatically sent to our care management team, which helps address any concerning findings. By combining cutting-edge technology with best-in-class care management, Podimetrics earns high engagement rates from patients, and allows clinicians to achieve unparalleled outcomes – keeping vulnerable patients healthy at home and saving limbs, lives, and money. Founded in 2011 by a physician and engineers from MIT and Harvard, Podimetrics is headquartered in Somerville, MA and backed by Norwich Ventures, Scientific Health Development, Polaris Partners, and Rock Health. For more information, go to www.podimetrics.com or follow us on Twitter @podimetrics.”

7. Owl Labs

Owl Labs

Founded: 2014

Also honored in:

“Roboticist Mark Schnittman felt disconnected with colleagues while working remotely. To keep him included, his team put a laptop on a swivel stool. Inspiration struck. He partnered with his former iRobot colleague, Max Makeev, to found Owl Labs. After many late nights, crumpled sketches, and coffee stains, they introduced the world’s first-ever (and totally lovable) 360º camera, mic, and speaker device.”

8. VIA

VIA

Founded: 2016

Also honored in:

“VIA helps governments, regulators, and power companies deliver $200Bn in energy every year to more than 100 million customers. VIA’s privacy-preserving analytics software, Trusted Analytics Chain™ (TAC™) reduces the cost and improves the quality of service of electricity transmission and distribution using AI and blockchain technologies. TAC™ (patents pending) is the bridge that securely connects power company data, distributed across many locations, to potential AI solutions. VIA established the Global Data Asset Collaborative™ (GDAC™), built on top of TAC™, to allow multiple companies to securely pool data for more accurate analytics. Headquartered in Somerville, Massachusetts, VIA has been featured in Wired and Inc. Magazine for its leadership in technology innovation. For more information, please visit www.solvewithvia.com.”

9. LineVision

Founded: 2018

“An innovative monitoring technology company setting the standard in overhead power line monitoring and asset management for electric utilities and pipeline operators.

The LineVision system is a proven platform to enhance the capacity, reliability, flexibility and visibility of existing and new transmission lines. Featuring patented non-contact electromagnetic field and optical sensors, the LineVision system is a complete turnkey solution that is deployed under critical lines without the need for disruptive line outages or dispatching utility installation crews. Leveraging 20 years of transmission line monitoring expertise, the EMF power flow monitoring hardware is the most widely deployed monitor with over 5000 units worldwide. LineVision clients receive a powerful and secure web-based interface or direct data feed to view real-time, forecasted, and historical data.”

10. BrainCo

BrainCo

Founded: 2015

Also honored in:

“BrainCo’s leadership draws on deep experience in neuroscience research and expertise in education to deliver entirely new applications of brainwave technology in the education, wellness, and research spaces. We’ve learned important lessons as we’ve grown from a small team in an apartment basement to over 100 employees in 4 offices around the world. Since 2015 we’ve been working on providing the best experience possible for our customers and we’re here to share our progress and innovations with you.”

11. Generate Biomedicines

Founded: 2018

“Pioneering generative biology to create breakthrough therapeutics.”