Startups are the lifeblood of innovation, driving economic growth and offering fresh approaches to longstanding challenges. As a testament to its vibrant startup ecosystem, Minnesota is currently harboring a number of analytics startups that have adopted unique approaches to problem-solving in this area. These startups, laudably proficient and resourceful, have been working to deliver practices that significantly contribute to their respective fields.
Analytics is rapidly becoming an essential tool for businesses that want to thrive in today’s competitive marketplace. With the help of advanced analytics techniques, businesses can draw meaningful insights from collected data to guide strategic decision-making and predict future trends. Keeping the significance of their work in view, we have curated a list presenting some of Minnesota’s intriguing and promising startups within the Analytics industry. All these companies have been founded in 2020 or later, and are driven by their dedication to expanding the horizons of what’s possible with data analytics.
These startups encompass various industries including healthcare, software, event planning, and more. Thus, they showcase the immense potential of the application of analytics in various sectors. Without further ado, here are our top picks:
Tremor Testing and Data Analytics
Based in Minneapolis, Minnesota, Tremor Testing and Data Analytics was founded by Greg Odness and James Martodam. The company is dedicated to providing screening and assessment services that detect, analyze, and store tremor data with applications in clinic and surgery. Their prime focus is on Parkinson’s Disease and Essential Tremors.
No Wait Inside
Operating out of Plymouth, Minnesota, No Wait Inside is making waves in the Analytics and Software industry. Even though the founders chose to remain anonymous, their vision and mission couldn’t remain hidden for long given the distinctive services their startup has been providing.
Another Minneapolis-based startup, Vessel Partners is amalgamating its resources to make a difference in the Health Care and Analytics industry. Founded by Doug DeBold, the company caters to the needs of various industries including Information Technology, Mobile Apps, Software, and Web Development.
Located in Wayzata, Minnesota, Nrby delivers services such as ticketing, predictive analytics, merchandising, and promotion. The company has built a reputation for selling a variety of merchandise to their event attendees while using key metrics to enhance their chances of success.
From Eden Prairie, Minnesota, Waypost Advisors operates in a niche straddling Accounting, Analytics, Procurement, and Project Management industries. The company offers procurement, operations planning, transportation optimization, inventory management, and project management services, alongside cash flow management, merger, acquisition due diligence, and business development services.
Out of Mankato, Minnesota, Hearing Glasses merges different industries including Communities, Google Glass, Software, and Text Analytics. Founder Kaitlyn Gloege has overseen the creation of smart glasses with voice-to-text technology, providing live closed captioning and enabling the deaf or profoundly hearing-impaired to understand spoken interactions.
SAB Co. Software
Based in Minneapolis, Minnesota, SAB Co. Software operates in the Analytics, Database, and Software industries. The startup prides itself on providing accurate and readily accessible premium data for groups, brokers, and carriers and offers a solution that integrates with most employee benefit HR solutions.
Nestled in Minneapolis, Minnesota, SR Analytics provides services in the Analytics, Consulting, Software, and Training industries. The company offers project operation and staff skillset evaluations, training material and methodology assessments, and software element creation and modification, along with corporate operations and financial analytics services.