Introduction:
LinkedIn has emerged as a powerful platform for professional networking and company visibility, making it an essential tool for startups. In the UK, the startup scene is thriving, with innovative companies driving economic growth and shaping industries.
This blog post presents a curated list of the top startups on LinkedIn in 2023, highlighting their achievements, unique offerings, and growth trajectories. By leveraging LinkedIn's features, these startups have effectively connected with professionals, built their networks, and expanded their reach. Join us as we explore the UK's most exciting and promising startups that are making waves on LinkedIn in 2023.
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Top 10 startups on LinkedIn from the UK in 2023
Here is a list of the top 10 startups on LinkedIn from the UK in 2023
| Rank | Startup | Industry | Funding | Employees |
| 1 | Caura | Vehicle management | £20M | 100 |
| 2 | Pangaia | Sustainable fashion | £100M | 200 |
| 3 | Hopin | Virtual events | $530M | 500 |
| 4 | Revolut | Fintech | $800M | 3,000 |
| 5 | Monzo | Fintech | $400M | 2,000 |
| 6 | Starling Bank | Fintech | $1.7B | 1,500 |
| 7 | Darktrace | Cyber security | $1.1B | 1,000 |
| 8 | Graphcore | AI hardware | $2.2B | 600 |
| 9 | Outschool | Online Education | $200M | 500 |
| 10 | Brex | Corporate cards | $3.1B | 1,000 |
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1. Caura - Vehicle management
Company overview: Caura is a vehicle management platform that helps users track their car's MOTs, insurance, tax, and other expenses. It also allows users to pay for tolls, city charges, and congestion zones.
- Funding: Caura has raised £20 million in funding from investors such as Index Ventures, LocalGlobe, and Seedcamp.
- Employees: Caura has a team of 100 employees.
- Website: https://caura.com
Caura is a relatively new startup, but it has already made a significant impact on the vehicle management market. The company's platform is easy to use and provides users with a single place to manage all of their car-related expenses. Caura is also expanding its offerings to include features such as car sharing and fleet management.
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2. Pangaia - Sustainable fashion
Company overview: Pangaia is a materials science company that creates sustainable clothing and accessories. The company uses a variety of innovative materials, such as recycled plastics, organic cotton, and seaweed, to create its products.
- Funding: Pangaia has raised over £100 million in funding from investors such as LVMH, Imaginary Ventures, and Accel.
- Employees: Pangaia has a team of 200 employees.
- Website: https://pangaia.com/
Pangaia is one of the leading sustainable fashion brands in the world. The company's products are designed to be both stylish and environmentally friendly. Pangaia is also committed to transparency, and it publishes detailed information about the materials used in its products.
Some of the key features of Pangaia's sustainable fashion products include:
- Use of recycled materials: Pangaia uses a variety of recycled materials, such as recycled plastics, organic cotton, and seaweed, to create its products. This helps to reduce the environmental impact of the fashion industry.
- Transparency: Pangaia is committed to transparency, and it publishes detailed information about the materials used in its products. This allows consumers to make informed choices about the products they buy.
- Sustainable production practices: Pangaia's products are produced using sustainable production practices. This includes using water-efficient technologies and reducing waste.
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3. Hopin - Virtual events
Company overview: Hopin is a virtual events platform that allows users to host and attend live, interactive events online. The platform offers a variety of features, such as live streaming, chat, networking, and breakout rooms.
- Funding: Hopin has raised over $530 million from investors such as Andreessen Horowitz, Sequoia Capital, and Thrive Capital.
- Employees: Hopin has a team of 500 employees.
- Website: https://hopin.com/
Hopin is one of the leading virtual events platforms in the world. The platform has been used to host a variety of events, including conferences, trade shows, and webinars. Hopin is also used by businesses to train their employees and to connect with customers.
Some of the key features of Hopin's virtual events platform include:
- Live streaming: Hopin allows users to live stream their events to a global audience.
- Chat: Hopin allows users to chat with each other during events. This helps to create a sense of community and engagement.
- Networking: Hopin allows users to network with each other during events. This is done through the platform's networking features, such as the ability to send messages and connect with other attendees.
- Breakout rooms: Hopin allows users to create breakout rooms during events. This allows attendees to break off into smaller groups to discuss specific topics.
"Below is a tweet about Hopin, a virtual event platform."
Interesting to see what happened to Hopin: one of the hottest startups of the lockdowns era with their virtual events solution.
The company is now 4 distinct brands, Hopin being one of the 4. Plus one “coming soon” project w/o much detail. Their homepage: https://t.co/2QNsmXbUYa pic.twitter.com/OFlwAMdVXs
— Gergely Orosz (@GergelyOrosz) May 1, 2023
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4. Revolut - Fintech
Company overview: Revolut is a financial technology company that offers a mobile app that allows users to manage their finances. The app provides a variety of features, such as currency exchange, peer-to-peer payments, and stock trading.
Company overview: Starling Bank is a digital bank that offers a mobile app that allows users to manage their finances. The app provides a variety of features, such as instant payments, overdrafts, and business accounts.
- Funding: Starling Bank has raised over £1.7 billion in funding from investors such as Accel, Index Ventures, and Goldman Sachs.
- Employees: Starling Bank has a team of 1,500 employees.
- Website: https://starlingbank.com/
Starling Bank is one of the leading digital banks in the UK. The company's app has been downloaded over 1 million times, and it has over 500,000 active users. Starling Bank is also expanding its offerings to include features such as savings accounts and mortgages.
Some of the key features of Starling Bank's mobile app include:
- Instant payments: Starling Bank allows users to make instant payments to other Starling Bank users. This is a convenient way to send money to friends and family without having to wait for a bank transfer to clear.
- Overdrafts: Starling Bank offers overdrafts that are linked to the user's salary. This means that users can only borrow money that they will be able to repay when their next salary is paid.
- Business accounts: Starling Bank offers business accounts that are designed for small businesses. These accounts offer features such as invoicing and expense tracking.
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7. Darktrace - Cybersecurity
Company overview: Darktrace is a cyber security company that uses artificial intelligence to detect and respond to cyber threats. The company's technology is called Self-Learning AI, and it is able to learn the normal patterns of behaviour in an organization's IT environment. This allows Darktrace to identify anomalies that may indicate a cyber attack.
- Funding: Darktrace has raised over $1.1 billion in funding from investors such as Insight Partners, Kleiner Perkins, and Sequoia Capital.
- Employees: Darktrace has a team of 1,000 employees.
- Website: https://darktrace.com/
Darktrace is one of the leading cybersecurity companies in the world. The company's technology is used by organizations of all sizes, including governments, financial institutions, and healthcare providers.
Some of the key features of Darktrace's Self-Learning AI technology include:
- Anomaly detection: Darktrace's technology is able to identify anomalies in an organization's IT environment. This can be used to detect cyber threats that may not be detected by traditional security tools.
- Response: Darktrace's technology can automatically respond to cyber threats. This can be done by isolating the affected system or by taking other steps to mitigate the threat.
- Continuous learning: Darktrace's technology is constantly learning. This means that it is able to improve its ability to detect and respond to cyber threats over time.
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8. Graphcore - AI hardware
Company overview: Graphcore is a semiconductor company that develops specialized hardware for artificial intelligence (AI). The company's products, called Intelligence Processing Units (IPUs), are designed to accelerate machine learning workloads.
- Funding: Graphcore has raised over £2.2 billion in funding from investors such as Intel Capital, Samsung, and Fidelity.
- Employees: Graphcore has a team of 600 employees.
- Website: https://graphcore.ai/
Graphcore's IPUs are based on a new type of architecture called a "reconfigurable graph processor." This architecture is designed to efficiently execute machine learning workloads that are based on graphs. Graphs are a common data structure in machine learning, and they are used to represent relationships between data points.
Some of the key features of Graphcore's IPUs include:
- High performance: Graphcore's IPUs are able to achieve high performance on machine learning workloads. This is due to the reconfigurable graph processor architecture, which is specifically designed for these types of workloads.
- Low power consumption: Graphcore's IPUs are able to achieve low power consumption. This is important for AI applications that need to be deployed in mobile devices or other battery-powered devices.
- Scalability: Graphcore's IPUs are scalable. This means that they can be easily added to existing systems to increase performance.
Graphcore's IPUs are used by a variety of companies, including Google, Microsoft, and Amazon. The company is also working with universities and research institutions to develop new AI applications.
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9. Outschool - Online Education
Company overview: Outschool is an online education platform that offers a variety of classes for kids, teens, and adults. The classes are taught by a community of over 100,000 teachers, and they cover a wide range of topics, including math, science, art, music, and coding.
- Funding: Outschool has raised over $200 million in funding from investors such as General Catalyst, Accel, and Owl Ventures.
- Employees: Outschool has a team of 500 employees.
- Website: https://outschool.com/
Outschool is one of the leading online education platforms in the world. The platform has over 2 million students, and it offers over 100,000 classes. Outschool is also expanding its offerings to include features such as live streaming and group projects.
Some of the key features of Outschool's online education platform include:
- Flexible scheduling: Outschool classes are offered on a variety of schedules, so students can find classes that fit their needs.
- Personalized learning: Outschool classes are taught by a community of experienced teachers, who can tailor the instruction to the individual student's needs.
- Collaborative learning: Outschool classes often feature group projects, which allow students to collaborate with each other and learn from each other.
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10. Brex - Corporate cards
Company overview: Brex is a corporate card company that offers a card designed specifically for startups. The card offers features such as no personal guarantee, instant approval, and high spending limits.
- Funding: Brex has raised over $3.1 billion from investors such as Peter Thiel, Sequoia Capital, and DST Global.
- Employees: Brex has a team of 1,000 employees.
- Website: https://brex.com/
Brex is one of the leading corporate card companies in the world. The company's card is used by startups of all sizes, and it has helped to simplify the process of managing corporate expenses.
Some of the key features of Brex's corporate card include:
- No personal guarantee: Brex's card does not require a personal guarantee, which means that the individual users of the card are not personally liable for any debt incurred on the card.
- Instant approval: Brex's card offers instant approval, which means that users can be approved for a card and start using it immediately.
- High spending limits: Brex's card offers high spending limits, which can help startups to cover their expenses without having to worry about running out of credit.
Brex's corporate card is a valuable tool for startups. It can help startups to save money, simplify their finances, and grow their businesses.
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FAQs - Frequently Asked Questions
Q1: What is the significance of LinkedIn for startups?
A1: LinkedIn provides startups with a powerful platform for professional networking and company visibility. It allows startups to connect with professionals, build their networks, and expand their reach in the business community. LinkedIn also offers valuable resources for talent recruitment and brand building.
Q2: Why is the UK startup scene thriving?
A2: The UK startup scene is thriving due to a combination of factors. The country boasts a robust ecosystem that supports entrepreneurship, including access to funding, a strong talent pool, and a supportive regulatory environment. Additionally, the UK has a culture of innovation and entrepreneurship, with vibrant hubs like London and Manchester attracting startups from various industries.
Q3: How were the top startups on LinkedIn in the UK for 2023 selected?
A3: The selection process involved thorough research, considering various factors such as company growth, funding, achievements, and unique offerings. Startups were evaluated based on their industry impact, innovation, and LinkedIn presence, including the size of their networks and engagement levels.
Q4: Can I connect with these startups on LinkedIn?
A4: Yes, you can connect with these startups on LinkedIn by visiting their company profiles. LinkedIn allows users to follow and engage with companies, explore their job opportunities, and stay updated with their latest news and updates.
Q5: Are these startups limited to specific industries?
A5: No, the list includes startups from various industries, reflecting the diverse nature of the UK startup ecosystem. From technology and healthcare to finance and e-commerce, the selected startups represent different sectors that are driving innovation and growth in the UK.
Conclusion
The UK startup ecosystem is thriving, and these 10 startups are just a few of the many success stories. They have all identified large and growing markets, developed innovative products or services, built strong teams, and raised significant funding. The future looks bright for these startups, and they are sure to play a major role in shaping the UK economy in the years to come.