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10 Companies That are Scaling to New Heights This Year

Some HR Tech, Fintech, and More on the Rise

Eric Rafat by Eric Rafat
March 7, 2024
in Startup News
Startups That are Scaling
Angie Kramer is the Founder and CEO of JobBliss. This is a Freelance management platform for growing companies.

The new year is the perfect time for founders to build up momentum to further scale their ventures. It’s a new chapter and a new beginning. AI and sustainable ventures continue to be one of the dominant themes in the tech industry this year and beyond. Resourcefulness and speed of execution is an absolute must in today’s business. In this post, we bring you some of the most exciting companies to watch this year.

10. Vambora

Vambora is solving a major problem in Canada. Mainly how do new individuals build up their credit to get access to housing and other services? Vambora is working on the Vambora Trust Profile (VTP), is a global financial identity system that integrates Open Banking data and digital identity verification.

Website

9. Summit EHSQ

Founded by Dave McLean and Matthew Roberts, Summit EHSQ is a Professional Services & Managed Services Provider (MSP) enabling organizations to leverage technology to drive their Environmental, Health, Safety and Quality Management programs. Summit EHSQ has completed vver 300 Projects Completed with more than 100 Clients, with zero external funding.

Website

8. Instarails

Instarails is working on to provide an alternative solution for cross-border payments. They provide a network that makes payments instant, inexpensive, and inclusive to everyone, especially those in low-middle-income countries.

Website

7. Niura

Founded Ryan Ahmad, Niura is working on a revolutionary earbud. Niura brings a revolutionary concept packaged in a familiar format by integrating brain performance monitoring technology directly into wireless earbuds, so you know exactly what’s happening inside your head. These earbuds are designed for high-performing individuals like students and professionals to monitor their cognitive patterns and suggest optimal work-rest cycles, making concentrating in a world full of distractions easier than ever.

Website

6. ARKI

Founded by two passionate founders, Natalia Bakaeva and Mehdi Karamnejad. ARKI is an AI-driven 10x productivity enhancement tool tailored for architectural, engineering, and interior design firms facing challenges in digital asset management and the effective reuse of design artifacts.

Website

5. MavenMind

If you’re a new immigrant in Canada, you have to check out this one as navigating the job market as a new immigrant in Canada is incredibly challenging. MavenMind is founded by Anastasia Artemova and Yuliya Slavnova. MavenMind currently has an impressive 50,000+ members and scaling.

Website 

4. Karla Rewards

It’s a tough economy in Canada, with soaring living expenses and housing Karla Rewards aims to put more cash back into Canadian’s pockets. Karla’s mission is to empower Canadians to embrace their lifestyles, ensuring every user enjoys the perks of unapologetic living. From weekly groceries to dining out, coffee breaks, date nights, gym memberships, weekend escapades, and travel plans, Karla effortlessly puts money back in your pocket – no receipt scanning required.

Website

3. NotePal

Know any Ontario teachers who are open to collaborations and want to monetize their content? Notepal is building a collaborative platform where Ontario grade 1-8 teachers can collaborate and share educational resources to improve student achievement. Teachers can buy and sell quality lesson plans, assessments, and other educational materials based on the Ontario curriculum. This platform provides a great opportunity for teachers to connect and monetize their content.

Website

2. Discrepancy AI

Here’s a big problem in the legal space: 90% of proofread legal documents contain errors, accounting for one-third of all settlement payments in claims. Discrepancy AI leverages the power of artificial intelligence to review legal documents for errors and inconsistencies. Led by a software engineer, Lisen Kaci, this startup is one of the next AI ventures to keep an eye on.

Website

1. JobBliss

There’s no doubt there will lot of new innovation in the HR tech space. If you work with many freelancers for your company, you know managing it all is a challenge. This next company can help. Founded by Angie Kramer, JobBliss is a platform that simplifies contractor and remote team management. With JobBliss, companies can build, manage, and track their freelancers, contractors, and vendors in one dashboard. The platform helps businesses create their own private freelancer talent pool, ensuring that they have the right people when they need them. JobBliss has an impressive client list, including Rothy’s, Walmart International, OPG, Intuit Canada, Corus Entertainment, and SGSco.

Website

Know any great startups that should be on our radar? Send us your story at FoundersPress.

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Eric Rafat

Eric Rafat

Eric Rafat is the Managing Director at The FoundersPress. He is passionate about venture creation and startups. He is a top tennis player and loves side projects.

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