The mobile app sector includes a wide range of companies from different parts of the world. For example, payments company Stripe has raised $9.4 billion to build its financial tools.
Other areas are also growing, with mobility app Bolt securing $2.3 billion. The following companies represent the top performers in the mobile industry.
Below is our list of 100 Mobile startups worth keeping an eye on.
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Get the Sheet for $50Oura designs and develops a smart ring that tracks sleep, activity, and other key health metrics. The wearable provides personalized insights to help users understand their body's readiness and improve their overall well-being.
| Headquarters | Oulu, Oulu, Finland |
| Year Founded | 2013 |
| Founders | Markku Koskela, Petteri Lahtela |
| Funding Amount | $598.3M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Andreessen Horowitz, Temasek Holdings, Citi, Alumni Ventures, Forerunner |
Stripe builds financial infrastructure for businesses operating on the internet. Their suite of software and APIs allows companies to accept payments, send payouts, and manage their operations online.
| Headquarters | San Francisco, California, United States |
| Year Founded | 2010 |
| Founders | John Collison |
| Funding Amount | $9.4B |
| Startup Size | Enterprise Organization (5,001+) |
| Last Funding Status | Secondary Market |
| Top Investors | Andreessen Horowitz, General Catalyst, Temasek Holdings, Khosla Ventures, Sequoia Capital |
Tide builds a business financial platform that gives small and medium-sized companies a single place to manage their banking, invoicing, and accounting. The service is designed to streamline administrative work by combining a business account with integrated financial management tools.
| Headquarters | London, England, United Kingdom |
| Year Founded | 2015 |
| Founders | George Bevis |
| Funding Amount | $442.2M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Private Equity |
| Top Investors | TPG, Speedinvest, LocalGlobe, Creandum, Goodwater Capital |
MoonPay develops financial technology that allows people to buy and sell cryptocurrencies and NFTs using traditional payment methods. Their infrastructure serves as a popular on-ramp to web3, enabling businesses to integrate crypto and NFT transactions directly into their own platforms.
| Headquarters | Dover, Delaware, United States |
| Year Founded | 2019 |
| Founders | Ivan Soto-Wright, Victor Faramond |
| Funding Amount | $1B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Tribe Capital, Paradigm, Ripple, New Enterprise Associates, Quiet Capital |
Bolt built an all-in-one mobility app that offers ride-hailing, food delivery, scooter rentals, and car-sharing services. The platform connects millions of users with drivers and couriers, making urban transportation more convenient and accessible.
| Headquarters | Tallinn, Harjumaa, Estonia |
| Year Founded | 2013 |
| Founders | Markus Villig, Martin Villig, Oliver Leisalu |
| Funding Amount | $2.3B |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Debt Financing |
| Top Investors | European Investment Bank, Citi, Sequoia Capital, Deutsche Bank, International Finance Corporation |
Character.ai has built a platform where users can create and converse with unique AI characters. Their technology focuses on enabling highly personalized and dynamic conversations, bringing user-created personalities to life.
| Headquarters | Menlo Park, California, United States |
| Year Founded | 2021 |
| Founders | Daniel De Freitas, Noam Shazeer |
| Funding Amount | $150.1M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Andreessen Horowitz, SV Angel, A.Capital Ventures, Paul Buchheit, Nat Friedman |
Kredete builds financial tools that help African immigrants in the U.S. transfer money globally and build credit. Their platform is designed to solve the dual challenge of sending money home while simultaneously establishing a financial foothold in the United States.
| Headquarters | New York, New York, United States |
| Year Founded | 2022 |
| Founders | Adeola Adedewe |
| Funding Amount | $24.8M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Techstars, AfricInvest, Partech, Blockchain Founders Fund, Tezos |
Thunes builds a global payments network that makes it simple for businesses to send and receive money across borders. Their infrastructure connects different payment methods, from bank accounts to mobile wallets, allowing companies to operate internationally with a single integration.
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2016 |
| Founders | Eric Barbier, Peter Caluwe |
| Funding Amount | $352M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | Insight Partners, Bessemer Venture Partners, Checkout.com, Endeavor Catalyst, Vitruvian Partners |
Strava develops a social fitness app for athletes to track activities like running and cycling using their mobile devices or GPS units. The platform is built around a community feed where users can share their performance, connect with friends, and compete on segment leaderboards.
| Headquarters | San Francisco, California, United States |
| Year Founded | 2009 |
| Founders | Mark Gainey, Mark Shaw, Michael Horvath |
| Funding Amount | $151.9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Sequoia Capital, TCV, Jackson Square Ventures, Employee Stock Option Fund, Dragoneer Investment Group |
Bending Spoons develops a suite of popular mobile apps, with a focus on video editing and productivity tools. They have built their portfolio by acquiring and enhancing established applications like Evernote and Splice, expanding their reach to millions of users.
| Headquarters | Milan, Lombardia, Italy |
| Year Founded | 2013 |
| Founders | Francesco Patarnello, Luca Ferrari, Luca Querella, Matteo Danieli, Tomasz Greber |
| Funding Amount | $4.2B |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | HSBC, BNP Paribas, Goldman Sachs, Bank of America, Societe Generale, Wells Fargo |
90 Additional Mobile Startups Worth Following
The top 10 are exciting, but they’re only part of the story. Across the mobile industry, companies have raised billions of dollars, with a huge number of them working in fintech.
You'll see a mix of young companies and more established names. Here are the other startups to watch as they shape the mobile industry.