Top Startups in Washington DC
Washington DC’s tech scene is surging with ID.me and Shift5 leading massive rounds. Explore the top startups and hiring trends in the District.
- 01Financial Services • Information Technology•Virginia$340MSeries E
ID.me, a digital identity wallet company, raised a $340M Series E led by Ribbit Capital; Ares Credit funds, Moonshots Capital and Positive Sum participated.
- 02Information Technology • Privacy and Security•District of Columbia$150MSeries C
Sublime Security, an AI-driven email security startup, raised a $150 million Series C equity round led by Georgian with participation from Avenir, 01A, Index Ventures, IVP, Citi Ventures, and Slow Ventures.
- 03Financial Services•Virginia$150MEquity
Quantum Lending Solutions, a fintech specializing in AI-powered SME lending, raised a $400M financing—comprised of a $250M warehouse credit facility, corporate debt and equity—from a global asset-based private credit firm, Atlas SP Partners and LL Funds.
- 04Financial Services • Payments•Maryland$113.6MEquity
Viamericas, a remittance and international money transfer provider, raised $113.6M in funding led by Old National Bank with participation from Bank of Oklahoma Financial, Axos Bank, and U.S. Bank.
- 05Information Technology • Mobile•Virginia$100MSeries C
Cape, a privacy-focused mobile carrier and cellular network provider, raised $100M Series C co-led by Bain Capital Ventures and IVP with participation from 01 Advisors, 137 Ventures, Definition, and Fifth Down Capital
- 06Administrative Services • Financial Services•Maryland$100MEquity
Benefits and HR software provider Employee Navigator raised a $100M minority equity investment from JMI Equity and Spectrum Equity
- 07Energy • Science and Engineering•District of Columbia$100MSeries C
Last Energy, a small modular nuclear reactor startup, raised a $100 million Series C led by the Astera Institute with AE Ventures, Galaxy Fund, Gigafund, JAM Fund, The Haskell Company, Ultranative and Woori Technology participating.
- 08Hardware • Information Technology•Virginia$75MSeries C
Shift5, an operational intelligence platform for fleets, raised $75M Series C led by Hedosophia; Insight Partners, Center 15 Capital, 645 Ventures, Booz Allen Ventures, and others.
- 09Artificial Intelligence (AI) • Data and Analytics•Virginia$60MSeries B
GenLogs, an AI-enabled freight-intelligence startup, raised a $60 million Series B round led by Battery Ventures with participation from IVP, Cathay Innovation, 9Yards, Venrock, Steel Atlas, HOF Capital, TitletownTech, and Autotech Ventures.
- 10Agriculture and Farming • Artificial Intelligence (AI)•District of Columbia$60MSeries B
Thermal-infrared satellite startup Hydrosat raised a $60 million Series B led by Hartree Partners, Subutai Capital Partners and Space 4 Earth, with participation from Truffle Capital and other existing backers.
- 11Health Care•District of Columbia$60MSeries A
Chamber Cardio, a value-based cardiology platform, raised a $60 million Series A round led by Frist Cressey Ventures with participation from General Catalyst, Optum Ventures, AlleyCorp and others, alongside debt from HSBC Innovation Banking.
- 12Artificial Intelligence (AI) • Data and Analytics•Virginia$60MSeries C
AI wealth-management startup Range raised a $60 million Series C led by Scale Venture Partners with participation from Gradient Ventures, Cathay Innovation, and 53 Stations.
- 13Government and Military • Information Technology•District of Columbia$54MSeries A
Valinor Enterprises, a defense technology holding company, raised a $54 million Series A round led by Friends & Family Capital with participation from General Catalyst, Founders Fund, Red Cell Partners, Narya, XYZ Venture Capital and Fifth Down Capital.
- 14Community and Lifestyle • Health Care•Virginia$51.5MSeries C
Positive Development, a developmental-therapy provider for autistic children, raised a $51.5M Series C led by aMoon; B Capital, Flare Capital, Digitalis Ventures, Healthworx, CareFirst's investment arm and others.
- 15Artificial Intelligence (AI) • Data and Analytics•District of Columbia$50MSeries A
Rhino.ai, an AI-powered legacy system modernization platform, raised a $50 million Series A led by Koch Disruptive Technologies.
- 16Information Technology • Privacy and Security•District of Columbia$50MSeries D
Virtru, a data-centric security platform, raised $50M in a funding round led by ICONIQ; Bessemer, Foundry, and The Chertoff Group participated.
- 17Energy • Science and Engineering•District of Columbia$50MSeries B
Seattle nuclear-battery developer Zeno Power raised a $50M Series B led by Hanaco Ventures; Seraphim, Balerion Space Ventures, JAWS, Vanderbilt University and others participated.
- 18Blockchain and Cryptocurrency • Information Technology•Virginia$50MEquity
Solana staking infrastructure startup Jito raised a $50 million private token sale from a16z crypto.
- 19Artificial Intelligence (AI) • Biotechnology•District of Columbia$42.5MSeries B
AI life-sciences platform Sorcero raised a $42.5 million Series B round led by NewSpring Growth with participation from Leawood Venture Capital and Blu Ventures.
- 20Government and Military • Information Technology•Virginia$38MSeries A
Cyber-warfare startup Twenty raised a $38 million Series A led by Caffeinated Capital with General Catalyst and In-Q-Tel participating.
