Local startup makes list of top up-and-coming startups in the world
Cincinnati's own Eccrine Systems was named to market researcher Quid's list of 50 most promising startups.
In 2009, market researcher Quid (then called YouNoodle) put together a list of the world’s 50 most promising startups. Although a number of the companies named to that initial list don’t exist anymore, others like Evernote and Spotify have increased exponentially in value.
Quid put together another list, and based its findings on these top three criteria:
- Have the founders worked together before?
- Is the business in a popular sector?
- Has it raised funding quickly?
After researching 50,000 startups, it came up with a list that includes Cincinnati’s own Eccrine Systems. It is developing a non-invasive, electronic wearable system that measures and transmits real-time data about human sweat; since its inception, the company has raised a total of $8.9 million.
To see Quid’s full list of rising star startups, read this article from Bloomberg.
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