These are the 10 hottest Bay Area startups with under $10M in funding – San Francisco Business Times / Silicon Valley Business Journal
“Investors may be cooling on early stage tech startups but that there are still some hot young companies in the sector, if you know where to look.
The folks at startup research company Mattermark did that for their subscribers last week, ranking 582 Bay Area companies that have raised $10 million or less. The growth scores of these 10 rose to the top, showing strong early traction.
In addition to funding, factors taken into consideration included employment growth, increases in social media and website traffic and inbound links to the companies.
To put this group in context, Uber has the top growth ranking in Mattermark’s database with a score of more than 40,000. Product Hunt’s growth score No. 1 score here is 1,380.
1. Product Hunt (1,380): This San Francisco app has been a go-to for tech nerds to find out about the latest products and software, which get voted up or down by users. Founder Ryan Hoover has nearly tripled the company’s work force to 26 in the past six months and has raised more than $7 million since launching in 2013. Investors include Andreessen Horowitz, Google Ventures and Y Combinator.
2. LeadGenius (979): This one is a cloud-based sales acceleration software provider based in Berkeley. Co-founder and CEO Prayag Narula has grown his work force by more than 50 percent in the past six months to 212. He has raised about $6 million since launching in 2011. Investors include 500 Startups, Andreessen Horowitz, Sierra Ventures, SV Angel and Y Combinator President Sam Altman.”
Fastest growing Bay Area startups w < $10M raised:
+582 MORE https://t.co/qTfh865m6c
— Mattermark (@Mattermark) December 3, 2015
— SVbizjournal (@SVbizjournal) December 8, 2015
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These are the 10 hottest Bay Area startups with under $10M in funding by Cromwell Schubarth – San Francisco Business Times