Enterprise Tech is Alive, Well, and Thriving

Technology innovation continues to be a leading driver of growth for the global economy. It’s this innovation that impacts consumer experiences and business productivity. While there are all types of innovation happening all over the world, it’s understandable that the majority of news headlines related to technology companies are of those in the B2C category. From Google, to Pinterest, to Airbnb, to Uber and Lyft, these are companies having a direct impact to the lives of everyday consumers— from search, to social media, to home- and ride-sharing. 

Often less covered are those enterprise B2B technology companies that enable other businesses to power engaging online customer experiences or increase workplace productivity. 

Today, we are honored to have Algolia be named to the Enterprise Tech 30, a new report that identifies and recognizes the most promising private companies in enterprise technology through a poll of 73 investors from 55 venture capital firms that collectively “have funded 95 of the 115 enterprise tech unicorns, including financings and exits, since January 1, 2016.”

The Enterprise Tech 30 is the brainchild of Rajeev Chand and Peter Wagner at Wing Venture Capital that was borne from a new way to determine a list of promising enterprise technology companies based on what venture capital investors themselves are seeing. Similar to the Coaches Polls in college football, the Enterprise Tech 30 surveys experienced, in-the-know technology investors on which companies are the leading enterprise tech startups. 

Developed over the past 6+ months, Rajeev, Peter and the team at Wing (including Brendan Baker and Lizzy Labeeuw-Anderson) took this idea and made it a reality by developing the guiding principles (be institutional, exhaustive, collaborative, and neutral), refining the approach, doing the research of which investors to poll, building the universe of 3,600 private companies, and actually conducting the survey and analysis to finally producing the inaugural Enterprise Tech 30.

In the mid-stage category, Algolia is both humbled and proud to be recognized by the investor community, as well as be associated with other disruptive and innovative growth stage  technology companies

Congratulations to all the companies in the inaugural Enterprise Tech 30. With companies represented across categories including SaaS, data and analytics infrastructure, automation and modern software development, it’s clear that enterprise technology is alive, well, and well-represented with the best still yet to come.

To see a copy of the full report, go here.