Summary List Placement
If there’s one industry you can bet on during an economic downturn, it’s enterprise tech.
According to a report from OpenView Venture Partners, enterprise software is virtually recession-proof. That’s because companies, whether they’re in tech, finance, retail, or virtually any industry, rely on enterprise software to make their businesses run.
That’s even more true now: As the pandemic forced businesses to shut their offices, the remote work boom has caused a surge in demand for enterprise tech that helps companies communicate remotely, analyze their data, speed up their work processes, and more.
So while there’s always some risk in taking a job at a startup, we think now may be the best time ever to make the leap.
To make this list, we looked at a broad range of attributes, including the strength of the founding team; the investors and their caliber; valuations, recent and total funding based on estimates from PitchBook (rounded to the nearest million); and the product or service the startup offers.
We also paid close attention to how the business was affected by the pandemic. This list focuses on enterprise tech startups, but you can find our general tech startup picks here.
Here are the enterprise tech startups we think you’d be smart to work for this year, listed in order of least to most capital raised:
SEE ALSO: 54 tech startups to bet your career on in 2021
City: San Jose, California
Total funding: $3 million
What it does: Launchable helps developers test their software so they can release code faster and more often.
Why it’s a good bet: The startup has a strong founding team: the creator of the popular open-source project Jenkins, Kohsuke Kawaguchi, and Atlassian vet Harpreet Singh.
Their software identifies what kind of bug tests are most valuable for the code being worked on, which …read more