20 Tech Companies to Watch This Spring

Spring is in bloom, opening the door to a wide array of enjoyable activities, places to discover and a renewed promise for growth — and not just in nature. 

As the cold gives way, the time has come to swap out heavy coats for light sweaters and winter boots for sandals. From welcoming the warm weather with a walk in the park or a trip to the beach, spring’s rejuvenating spirit brings something for everyone. 

In the tech sector, many companies across the United States are turning over a new leaf after a turbulent 2023. After bringing in the lowest venture capital funding since 2015 last year, many predict an upward trend in investments and financing in 2024.

With the optimism of the new season, several companies started the year with a bang and show no signs of losing momentum. 

Built In compiled a list of 20 companies worth watching this spring and the culture, benefits and exciting developments that put them a cut above the rest.

 

 

 

What Imprivata does: Imprivata enhances healthcare and critical sectors with digital identity management solutions, ensuring quick access, heightened security and compliance.

 

 

New CEO: Imprivata is set to continue its leadership in the digital identity space with the appointment of Fran Rosch as the new CEO. Rosch expressed his enthusiasm for joining the team in a statement: “I’m thrilled and honored to join such a growth-minded company as Imprivata and take the reins from Gus. I love the identity space and look forward to leading Imprivata through the next stage of growth.” 

 

 

What Celonis does: Celonis delivers process mining technology that boosts performance, enhances customer experience and reduces emissions by pinpointing and addressing business inefficiencies.

 

 

Helping businesses: As a leader in process mining, Celonis delivers innovative solutions that enable businesses to enhance efficiency and drive growth. Engineering Director Brian Oppenheim shared how the company “offers a unique combination of technology, specific process knowledge and automation” in a recent interview with Built In. “This lets us help in gathering data, analyzing the data, deciding what to do and executing process improvements.” 

 

 

 

What The Kraft Heinz Company does: The Kraft Heinz Company is transforming into a digitally agile firm by employing AI and modern data technologies to address consumer and business challenges.

 

 

Branching out: Recently, The Kraft Heinz Company announced it was expanding its culinary horizons with the introduction of its first plant-based offerings, KD NotMacandCheese, and the first-ever plant-based Oscar Mayer hot dogs and sausages. These new products cater to the growing demand for vegan and vegetarian options and align with the company’s commitment to provide sustainable and diverse food choices.

 

 

What Alma does: Alma makes high-quality, affordable mental health care more accessible by providing therapists with management tools and insurance processing, enhancing nationwide mental health services.

 

 

Growth path: Operations Specialist Narissa Chanderdatt emphasized Alma’s supportive onboarding and growth opportunities in a recent interview with Built In. “My manager conducted weekly one-on-ones, was responsive to messages and provided support in areas I lacked such as insurance knowledge,” she explained, underscoring the importance of professional development conversations for early-career employees.

 

 

 

What Crusoe Energy Systems does: Crusoe innovates at the intersection of energy and technology by converting wasted natural gas from oil fields into a power source for data centers, aiming to reduce environmental impact and enhance the efficiency of cloud computing.

 

 

Alliance for a cause: At the World Economic Forum in Davos, Crusoe and Rescale announced a partnership that will combine sustainable energy with advanced AI for global innovation. “This collaboration epitomizes our commitment to redefining the future of accelerated computing by seamlessly integrating sustainability into our technological endeavors,” said CEO Chase Lochmiller.

 

 

What EDB does: EDB enriches Postgres with capabilities for transactional, analytical and AI workloads, streamlining governance and management to drive innovation in enterprises.

 

 

Healthy boundaries: In addressing the challenges of remote work, EDB emphasizes the importance of setting clear boundaries to ensure team members can maintain a healthy work-life balance. “The company provides Wellness Fridays on a monthly basis, where staff are encouraged to log off and do what is needed to recharge in order to be successful in their personal and professional lives,” said Talent Acquisition Manager Paul Drennan in a 2023 interview with Built In.

 

 

 

What Magnite does: Magnite runs the largest independent advertising platform, enabling publishers to monetize content across different formats and screens through transaction-supporting technology.

 

 

Strategic partners: Magnite’s new partnership with iHeartMedia streamlines advertisers’ access to comprehensive audio inventory, enabling them to engage with audiences across diverse platforms. “Establishing more direct connections within the advertising supply chain benefits both publishers and buyers and we’re proud to build technology to facilitate this for the largest media owners in the world like iHeartMedia,” said Chief Revenue Officer Sean Buckley.

 

 

What DFIN does: DFIN provides end-to-end risk and compliance solutions for every stage and of the business and investment lifecycle. 

 

 

Recent partnership: In late 2023, DFIN and GRC SaaS company Diligent introduced a reporting package that combines ESG and SEC reporting. Customers benefit from up-to-date data, real-time collaboration, secure reporting, and time and cost savings. “DFIN has a long history of helping customers successfully navigate the ever-changing regulatory landscape, and we are excited to lead the charge once again as ESG mandates enter the equation,” said President of Global Capital Markets Craig Clay.

 

 

 

What Doximity does: Doximity is the top digital network for U.S. medical professionals, improving productivity and patient care with collaboration tools, medical news and research access.

 

 

Inclusive culture: Doximity’s ERGs play a crucial role in fostering a sense of belonging and inclusion. “Intentional space for diversity to be appreciated breeds more conversations about equity and a greater sense of inclusion,” said Dr. Jessica Tsadwa during a Built In Q&A about the groups’ personal and organizational impact in creating a supportive workplace.

 

 

What Bonterra does: Bonterra enhances the impact of social good organizations with software solutions that improve connectivity and efficiency for nonprofits, public agencies and philanthropies.

 

 

Driving impact: Uplifting those who drive social impact is deeply ingrained in Bonterra. Upon his appointment to CEO in June 2023, Scott Brighton emphasized the organization’s dedication to enhancing the capabilities of those working within the nonprofit and public sectors. “We are singularly focused on providing the technology and support needed to empower the people and organizations working tirelessly to advance social good,” wrote CEO Scott Brighton in an open letter.

 

 

 

What Route does: Route changes online shopping with a platform for tracking orders and carbon-neutral shipping, plus tools for merchants to boost brand engagement and discovery.

 

 

Team-centric leadership: At Route, prioritizing team dynamics is a crucial leadership principle and cornerstone of business success. “Putting the team front and center proved critical to delivering the most near-term value, without losing sight of the company’s long-term vision,” Head of Product Andrew Schmid told Built In this February, reflecting on balancing these interconnected forces during turbulent times. 

 

 

What Immuta does: Immuta provides a platform for managing sensitive data, automating policy enforcement and monitoring risks to balance data usage with compliance and privacy.

 

 

Simplifying data security: At the end of 2023, Immuta announced a new integration with Amazon Simple Storage Service (Amazon S3), enhancing data access control and security. This integration streamlines access control, manages permissions at scale and protects sensitive data while ensuring compliance with global regulations. “Immuta helps simplify data access and security for data stored in Amazon S3 so users can more safely leverage that data for their analytics and AI initiatives,” said CTO Steve Touw.

 

 

 

What YieldStreet does: Yieldstreet’s platform provides investors with access to asset-based investments beyond the stock market, enabling them to diversify and strengthen their portfolios. 

 

 

Women in fintech: Yieldstreet creates an inclusive environment where women pursue leadership roles and contribute to the company’s success. Championing leaders and mentors play a significant role in fostering this. “My manager’s support — and the support of other leaders, even senior management, giving me their guidance and validation — really gave me confidence in myself,” said Senior Manager of Investor Relations Melanie Alese in an interview with Built In. 

 

 

What Axio does: Axio offers the Axio360 platform, quantifying cybersecurity risks financially to help leaders focus security efforts and investments in vital sectors like energy and financial services.

 

 

Putting users first: With an emphasis on design and user experience, Axio’s approach to delivering cybersecurity solutions that are intuitive and engaging for users is setting a new standard in the industry. In a recent Built In interview, Chief Product Officer Nicole Sundin articulated this vision: “By leading with thoughtful UX and design principles, we provide a distinctive and exceptionally valuable experience for our customers.” 

 

 

 

 

What Flatfile does: Flatfile uses AI to revolutionize data handling, offering an intuitive platform for importing and transforming flat files into API-ready data, boosting business productivity and data quality.

 

 

AI innovation: With the help of Principal Software Engineer Joel Grus, Flatfile developed an AI assistant that enhances data transformation. The professional recently spoke to Built In about what makes it unique. “Most of the time, data owners are limited to manually modifying and cleaning their data in order to get it ready to upload, but with Flatfile, developers can implement data hooks to programmatically transform their data,” explained Grus.

 

 

What Level Ex does: Level Ex merges game development with medical knowledge to create simulations and games that hasten the adoption of new medical skills and treatments among healthcare professionals.

 

 

Innovative learning: Level Ex’s mission to transform medical training through gamified, interactive tools that benefit healthcare professionals and patients alike is a testament to its innovative approach to education. “The ability to advance the practice of medicine through the power of play and the opportunity to watch it take effect in real-time is not only incredibly valuable but incredibly rewarding for all of our teams,” noted Senior Biomedical Solutions Specialist Conner True in a 2023 interview with Built In. 

 

 

 

What Avenue One does: Avenue One uses proprietary technology to upgrade the U.S. single-family rental sector, connecting investors with local partners and institutional financing for efficient property management.

 

 

New leaders: Recently, Avenue One announced Brent Elkins as head of real estate capital partnerships and Jeremy King as head of alternative capital partnerships. Co-founder and CEO Ryan Stroker said these two would help take the company to the next level. “The depth and breadth of their expertise, and the power of their partnership, will fuel the expansion of our institutional relationships and support our work enabling local real estate businesses across the country,” noted Stroker. 

 

 

What FluentStream Technologies does: FluentStream provides a communication software suite that enhances customer service for small and medium businesses with voice, text and analytics tools.

 

 

Empowering growth: FluentStream’s commitment to fostering a supportive and growth-oriented environment is evident in its leadership’s hands-on approach. Skills Coach Des Souva explained how leadership’s direct involvement with the team eases workloads and significantly boosts morale. “It’s common to see our support leadership team working alongside support agents,” said Souva during a Built In interview. “This is done to help ease their workload and shows agents they are valued.”

 

 

 

What Fortress IO does: Fortress IO introduces innovative solutions for custody, payments, compliance and infrastructure in the blockchain and Web3 areas, aiding the shift to digital finance.

 

 

Finding fresh ideas: At Fortress Trust, the emphasis on an open and collaborative environment is key to navigating the complexities of Web3 and blockchain technology. “Ideas are welcomed from all levels of the organization and from any individual regardless of tenure or department,” said Shane Hansen, operations, in a 2023 Built In interview.

 

 

What Tandem does: Tandem develops custom software in collaboration with clients, researchers, engineers and designers to inspire users and advance businesses.

 

 

Professional development: While discussing Tandem’s engineering culture with Built In, Engineering Manager Darcy Garrett shared how growth and learning enable the team to remain at the forefront of technological advancements and professional development. “Our growth-oriented culture allows engineers to strategize and prioritize career growth so that we’re able to stay up-to-date with industry trends, build new technical and consulting skills and discover new ways of tackling difficult challenges,” said Garrett.