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100 Accelerators & Incubators
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100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

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The Founder's Handbook

Top 18 Startups in Maryland in 2024

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There’s no doubt that the startup scene in Maryland is unique.

The city has created dozens of successful startups, over the years.

Some of them are already worth billions of dollars.

So whether you’re looking to start your own business, or just interested in learning about fast-growing startups from Maryland, here’s an extensive list of 18 startups founded there.


18 Startups in Maryland

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2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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FinTech Investors
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250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

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BioTech & Health Investors
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250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

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AI Investors
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250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

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1) Emocha Health

Emocha Health

Emocha Health is a digital health firm that uses video technology and scaled human engagement to enable every patient to take every medication.

Details of the startup:

  • Started in: 2010
  • Founders: Jeffrey Daley, Morad Elmi, Sebastian Seiguer, Sharon Kong
  • Industries: Health Care, Medical, mHealth
  • Number of employees: 51-100
  • Funding: $14,950,000
  • Funding rounds: 7
  • Number of investors: 15 (National Institutes of Health, Gaingels, Kapor Capital, Dreamit Ventures, TEDCO)

You can find their website here.

2) Huntress

Huntress

Huntress is a cybersecurity firm that aids in the detection of concealed dangers that elude traditional security measures.

Details of the startup:

  • Started in: 2015
  • Founders: Chris Bisnett, John Ferrell, Kyle Hanslovan
  • Industries: Cyber Security, Information Technology, Software
  • Number of employees: 51-100
  • Funding: $59,760,000
  • Funding rounds: 4
  • Number of investors: 9 (Highland Capital Partners, JMI Equity, SaaS Ventures, Blu Venture Investors, StoneMill Ventures)

You can find their website here.

3) IonQ

IonQ

IONQ is a company that creates quantum information processors for a variety of applications.

Details of the startup:

  • Started in: 2015
  • Founders: Christopher Monroe, Jungsang Kim
  • Industries: Computer, Information Services, Information Technology, Quantum Computing
  • Number of employees: 51-100
  • Funding: $82,000,000
  • Funding rounds: 3
  • Number of investors: 15 (New Enterprise Associates, GV, Amazon, Correlation Ventures, Lockheed Martin)

You can find their website here.

4) SparkPost

SparkPost

SparkPost is an email delivery and optimization tool that allows businesses to send and analyze emails.

Details of the startup:

  • Started in: 2008
  • Founders: George Schlossnagle, Theo Schlossnagle
  • Industries: Analytics, Business Information Systems, Email, Email Marketing, Messaging
  • Number of employees: 251-500
  • Funding: $273,499,998
  • Funding rounds: 7
  • Number of investors: 6 (NewSpring, Hercules Capital, LLR Partners, PNC Bank, Square 1 Bank)

You can find their website here.

5) MeetingPlay

MeetingPlay

MeetingPlay is a mobile event software that allows you to engage with your participants.

Details of the startup:

  • Started in: 2013
  • Founders: Joe Schwinger
  • Industries: Content, Content Delivery Network, Events, iOS, Mobile
  • Number of employees: 11-50
  • Funding: $76,650,000
  • Funding rounds: 2
  • Number of investors: 1 (Sunstone Partners)

You can find their website here.

6) Dragos

Dragos

Dragos is a cybersecurity business for industrial control systems that detects and responds to threats.

Details of the startup:

  • Started in: 2016
  • Founders: Jon Lavender, Justin Cavinee, Robert M. Lee
  • Industries: Cyber Security, Network Security, Security
  • Number of employees: 251-500
  • Funding: $158,200,000
  • Funding rounds: 5
  • Number of investors: 10 (Canaan Partners, Hewlett Packard Enterprise, Energy Impact Partners, AllegisCyber, Saudi Aramco Energy Ventures)

You can find their website here.

7) DrFirst

DrFirst

DrFirst offers a variety of software solutions for physicians and healthcare practitioners, including HIPAA encrypted communications, e-prescribing, and electronic health records (EHR).

Details of the startup:

  • Started in: 2000
  • Founders: James F. Chen
  • Industries: Health Care, Hospital, Information Technology, Physical Security, Software
  • Number of employees: 251-500
  • Funding: $117,550,000
  • Funding rounds: 7
  • Number of investors: 5 (Goldman Sachs, Silicon Valley Bank, Sixth Street, SunTrust Bank, NCPDP)

You can find their website here.

8) Merkle

Merkle

Merkle is a customer relationship management firm that creates, implements, and assesses integrated marketing campaigns.

Details of the startup:

  • Started in: 1971
  • Industries: Advertising, Analytics, Marketing
  • Number of employees: 1001-5000
  • Funding: $123,537,999
  • Funding rounds: 10
  • Number of investors: 1 (TCV)

You can find their website here.

9) Xometry

Xometry

Customers can access a network of machine shops and custom manufacturers through Xometry's online marketplace.

Details of the startup:

  • Started in: 2013
  • Founders: Laurence Zuriff, Randy Altschuler
  • Industries: 3D Printing, E-Commerce, Industrial Engineering, Manufacturing, Marketplace, Mechanical Engineering
  • Number of employees: 251-500
  • Funding: $197,200,000
  • Funding rounds: 8
  • Number of investors: 13 (T. Rowe Price, Greenspring Associates, Dell Technologies Capital, Foundry Group, Almaz Capital)

You can find their website here.

10) Aledade

Aledade

Aledade is a platform for primary care physicians that includes everything they need to start and administer an accountable care organization.

Details of the startup:

  • Started in: 2014
  • Founders: Edwin Miller, Farzad Mostashari
  • Industries: Health Care, Hospitality, Medical, Wellness
  • Number of employees: 251-500
  • Funding: $294,899,959
  • Funding rounds: 7
  • Number of investors: 13 (Tiger Global Management, GV, Institutional Venture Partners, ARCH Venture Partners, Venrock)

You can find their website here.

11) Protenus

Protenus

Protenus is a healthcare compliance analytics platform that incorporates artificial intelligence and automation.

Details of the startup:

  • Started in: 2014
  • Founders: Nicholas Culbertson, Robert Lord
  • Industries: Analytics, Artificial Intelligence, Big Data, Compliance, Health Care
  • Number of employees: 51-100
  • Funding: $36,200,000
  • Funding rounds: 6
  • Number of investors: 12 (Dreamit Ventures, TEDCO, F-Prime Capital, Arthur Ventures, LionBird)

You can find their website here.

12) Precision Medicine Group

Precision Medicine Group

Precision Medicine Group helps innovative pharmaceutical and life science firms increase their value and enhance their outcomes.

Details of the startup:

  • Started in: 2012
  • Founders: Ethan D. Leder, Mark P. Clein
  • Industries: Biotechnology, Health Care, Pharmaceutical
  • Number of employees: 501-1000
  • Funding: $310,160,000
  • Funding rounds: 2
  • Number of investors: 4 (Berkshire Partners, Oak Investment Partners, TPG Growth, J.H. Whitney & Co)

You can find their website here.

13) Terbium Labs

Terbium Labs

Terbium Labs offers Matchlight, a service that notifies clients when their stolen information surfaces on the internet.

Details of the startup:

  • Started in: 2013
  • Founders: Danny Rogers, Michael Moore
  • Industries: Computer, Cyber Security, Network Security
  • Number of employees: 11-50
  • Funding: $19,772,000
  • Funding rounds: 6
  • Number of investors: 6 (.406 Ventures, Omidyar Network, Glasswing Ventures, Dingman Center for Entrepreneurship, Bonsal Capital)

You can find their website here.

14) ZeroFOX

ZeroFOX

ZeroFOX, The Social Media Security Company, helps businesses identify, manage, and mitigate cyber threats originating from social media.

Details of the startup:

  • Started in: 2013
  • Founders: Chris Cullison, Evan Blair, Hillary Herlehy, James Foster, Robert Francis
  • Industries: Network Security, Security, Social Media, Software
  • Number of employees: 101-250
  • Funding: $154,200,000
  • Funding rounds: 5
  • Number of investors: 18 (Intel Capital, New Enterprise Associates, Hercules Capital, ClearSlide, Highland Capital Partners)

You can find their website here.

15) ReFirm Labs

ReFirm Labs

ReFirm Labs is a collection of IoT security professionals who are working on a new way to vet and validate firmware.

Details of the startup:

  • Started in: 2017
  • Founders: Peter Eacmen, Terry Dunlap
  • Industries: Computer, Cyber Security, Embedded Software, Network Security, Software
  • Number of employees: 1-10
  • Funding: $3,500,000
  • Funding rounds: 3
  • Number of investors: 3 (TEDCO, DataTribe, New Dominion Angels)

You can find their website here.

16) Welldoc

Welldoc

Welldoc is a health-care technology firm that creates solutions to improve chronic disease management.

Details of the startup:

  • Started in: 2005
  • Founders: Ryan Sysko, Suzanne Sysko Clough, Yves Nordmann
  • Industries: Diabetes, Fitness, Health Care, Medical, Real Time, Therapeutics, Wellness
  • Number of employees: 101-250
  • Funding: $55,152,027
  • Funding rounds: 8
  • Number of investors: 11 (Samsung Ventures, Adage Capital Management, Merck Global Health Innovation Fund, Windham Venture Partners, Johnson & Johnson Innovation)

You can find their website here.

17) Fixt

Fixt

For corporate IT administrators and individual consumers, Fixt is the most efficient, fast, and secure solution to replace broken phones and tablets.

Details of the startup:

  • Started in: 2013
  • Founders: Chris Garvis, Luke Cooper
  • Industries: Information Technology, Insurance, Software
  • Number of employees: 11-50
  • Funding: $10,084,191
  • Funding rounds: 5
  • Number of investors: 21 (Precursor Ventures, Flow Capital, BoomTown, Harlem Capital Partners, Naples Technology Ventures)

You can find their website here.

18) Delfi Diagnostics

Delfi Diagnostics

Delfi Diagnostics uses high-precision non-invasive blood testing to diagnose cancer early, when it is most treatable.

Details of the startup:

  • Started in: 2019
  • Founders: Alessandro Leal, Victor Velculescu, Victor Velculescu
  • Industries: Biotechnology, Health Care, Health Diagnostics
  • Number of employees: 11-50
  • Funding: $105,500,000
  • Funding rounds: 2
  • Number of investors: 12 (Menlo Ventures, T. Rowe Price, OrbiMed, Samsara BioCapital, Foresite Capital)

You can find their website here.

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