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These Were 10 Of The Most Promising SaaS Startups Of 2019

As 2019 comes to a close, it's time to reflect on the year that was. With the SaaS market booming, we looked back at the most promising SaaS Startups making waves in 2019.

  1. Assurance Software which spun out of its parent company, Sungard Availability Services in 2018 has been focused on a growing market for security and compliance. The Pennsylvania-based startup, led by CEO, Craig Potts has created cutting-edge software that supports businesses to develop end-to-end enterprise continuity programs through a multi-tenant SaaS model. The platform also executes disaster recovery plans that guarantee employees can communicate even after a disaster.
  2. Founded in 2016 by CEO Ankit Dudhwewala, SaaS startup CallHippo is a smart virtual phone solution for all types of business clients seeking cost-effect call center resolutions. Guiding businesses on how to buy local support numbers and toll-free numbers from over 50 countries, the Delaware-based company also produces users recorded calls, voice files as well as data analysis of calls. The software integrates into Slack and several other CRM systems, making it an increasingly productive choice.
  3. Clearbit, co-founded by CEO Alex MacCaw in 2014 has spent the last five years developing business intelligence software that supports firms in the discovery of data. With this information, the company hopes to reduce fraud and increase sales. The company's innovative use of data looks to integrate its platform into sales, marketing, and well as product workflow operations.
  4. Tennessee-based SaaS provider, CloudScale365 entered the market in 2017 after developing FuturTrak case management software aimed at children's advocacy case management. Since then, the VAR-meets-SaaS provider has expanded, operating cloud services as well as software development services.
  5. Clumio, a 100-people startup that offers a SaaS-like service for enterprise backup, officially launched in 2017, helmed by CEO Poojan Kumar. The overall mission of Clumio has been to build a platform on public clouds that gives enterprises a single data protection service that can handle backups of their data in on-premises, cloud and SaaS applications. Most recently, the Santa Clara-based startup raised a $135 million Series C round, bringing it closer to a $1 billion valuation and unicorn status.
  6. Los Angeles-based Gem, a six-year-old bitcoin startup provides a highly available, scalable API for bitcoin developers to simplify the bitcoin storing layer. Basically, Gem stores, encrypts, and backs up users’ bitcoins cutting out this otherwise cumbersome aspect for bitcoin developers. Created by veteran blockchain and cryptocurrency engineers, the company has built technologies for large-scale customers including Philips, Mercer, Capital One, and Toyota.
  7. In 2014, Saif Ahmad founded Hallwaze, an Enterprise Social Networking platform that acts as a smart leader by encouraging effective collaboration, identifies employees’ skills, and helps put decisions to action, all while producing a more content workforce. The platform also includes features like events, calendars, and multimedia content sharing.
  8. Security-first infrastructure analytics company, Kolide launched in 2016. The company is led by security experts from tech giants like Facebook and Carbon Black. In 2018, the startup launched its powerful SaaS platform, Kolide Cloud. The platform provides the visibility and actionable insights organizations need to navigate today’s increasingly complex cybersecurity and compliance landscape.
  9. A customer marketing platform committed to improving the effectiveness of retail business marketing, Sweet Analytics offers a SaaS-based tool that not only simplifies data mining and collection but also provides AI-based marketing recommendations to help grow businesses. Launched in 2018, the London-based startup has plans to improve its own product, citing the implementation of more automation and actionable insights into its platform.
  10. Troop Messenger is a group chat app and a SaaS-based Slack alternative, which allows users to share in-house data with other applications minus the technical errors. Offering instant messaging, project management, video conferencing, and more, the compact app combines secure communication with easy accessibility and IP ownership. The Indian-based startup, founded in 2017 by CEO Sudhir Naidu is security-focused, and recently rolled out Orange Member, a feature allowing people outside the business to interact with in-house teams.