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Top 15 Oregon Startups to Watch in 2026

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Oregon's startup ecosystem features a diverse range of companies across sectors like robotics, biotechnology, and financial technology. Many of these businesses are attracting significant investment and growing quickly.

For instance, robotics developer Agility Robotics has raised $178.8M from investors including Amazon. Biopharmaceutical company Sparrow Pharmaceuticals has also secured major funding with $156.3M.

Below is our list of 15 Oregon startups worth keeping an eye on.

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Agility Robotics designs and builds humanoid robots capable of working in spaces designed for people. Their most recognized creation, Digit, is a bipedal robot engineered to handle logistics and warehouse tasks alongside human workers.

Year Founded2015
FoundersDamion Shelton, Jonathan Hurst, Mikhail Jones
Funding Amount$178.8M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsAmazon, TDK Ventures, NVentures, Playground Global, Sony Innovation Fund

Hydrolix builds a streaming data lake platform for ingesting and analyzing high-volume data in real time. The company's technology uses advanced compression to help organizations drastically lower their data storage costs.

Year Founded2018
FoundersHasan Alayli, Marty Kagan
Funding Amount$145M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsQED Investors, Wing Venture Capital, Oregon Venture Fund, Akamai Technologies, Sozo Ventures

Sparrow Pharmaceuticals develops targeted therapies for disorders caused by an excess of corticosteroids. The clinical-stage biopharmaceutical company is advancing its lead product, an HSD-1 inhibitor, to treat conditions like hypercortisolism.

Year Founded2013
FoundersDavid Katz
Funding Amount$156.3M
Startup SizeFounding Team (1-10)
Last Funding StatusSeries B
Top InvestorsOrbiMed, RA Capital Management, U.S. Venture Partners, RiverVest, Forbion Capital Partners

Sila builds a money API platform that provides banking and payment infrastructure-as-a-service for fintech developers. Their tools allow companies to embed financial features directly into their products, bypassing the need to build complex systems from scratch.

Year Founded2018
FoundersAlex Pentland, Alexander Lipton, Angela Angelovska-Wilson, Isaac Hines, Shamir Karkal
Funding Amount$20.7M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries A
Top InvestorsPlug and Play, Madrona, Oregon Venture Fund, Mucker Capital, Revolution Ventures

Fiveonefour provides a data platform that helps development teams build data-intensive features, products, and solutions. Their tools are designed to let teams ship faster without needing to grow headcount or hire data specialists.

Year Founded2023
FoundersChris Crane, Nicolas Joseph, Tim Delisle
Funding Amount$17M
Startup SizeLean Team (11-50)
Last Funding StatusSeries A
Top InvestorsRidge Ventures, Stage 2 Capital, Dimension Capital, Flybridge, Tokyo Black

Steadily provides property and liability insurance tailored for rental property owners and investors. Their digital platform allows landlords to quickly get a quote and manage their coverage entirely online.

Year Founded2020
FoundersDarren Nix, Datha Santomieri, David Tulig
Funding Amount$84.9M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsTwo Sigma Ventures, SV Angel, Clocktower Technology Ventures, Matrix, Next Coast Ventures

Exterro builds a comprehensive software suite for in-house legal and IT teams to handle complex data challenges. The platform unifies e-discovery, digital forensics, and privacy management to help organizations navigate risk and compliance.

Year Founded2008
FoundersBobby Balachandran
Funding Amount$100M
Startup SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsColler Capital, GCM Grosvenor, Leeds Equity Partners, Glendower Capital

SheerID provides a verification platform that allows businesses to instantly confirm if a customer belongs to a specific group, such as students or military members. This helps companies securely roll out gated offers and personalized promotions while preventing fraud and minimizing the collection of sensitive user data.

Year Founded2011
FoundersDave Miller, David Shear, Jake Weatherly, Marci Hansen
Funding Amount$96.1M
Startup SizeMid-Size Team (51-250)
Last Funding StatusPrivate Equity
Top InvestorsCVC Capital Partners, Centana Growth Partners, Brighton Park Capital, Voyager Capital, Arnold Venture Group
Mueon Logo

9. Mueon

Mueon builds semiconductor-based systems designed for AI and hyperscale computing. Their hardware is engineered to accelerate complex computational workloads for large-scale data centers and demanding AI applications.

Year Founded2025
Founders
Funding Amount$15.5M
Startup SizeLean Team (11-50)
Last Funding StatusSeed
Top InvestorsIntel Capital, Geodesic Capital, Oregon Venture Fund

Boulder Care provides virtual treatment and long-term support for people navigating substance use disorders. Their telehealth platform connects patients with dedicated care teams, offering a comprehensive approach to recovery.

Year Founded2017
FoundersAmanda Wilson, MJ Darby, Stephanie Strong
Funding Amount$85.2M
Startup SizeMid-Size Team (51-250)
Last Funding StatusSeries C
Top InvestorsGaingels, BoxGroup, Alumni Ventures, Goodwater Capital, Acumen

5 Additional Oregon Startups Worth Following

The top 10 are just a small slice of the exciting work happening across the state. Founders are building all sorts of things, from AI tools to energy hardware.

Combined, they've brought in nearly $600 million in funding. Here’s a look at the other companies helping to define Oregon's startup community.

StartupIndustryYear FoundedAmount RaisedLast Funding Round
Skypoint logo SkypointAI2020$12MUndisclosed
Vesta logo VestaFintech1995$170MVenture Round
Althea L1 logo Althea L1Crypto2018$35.2MVenture Round
Brandlive logo BrandliveSaaS2010$22.5MVenture Round
Powin Energy logo Powin EnergyHardware2010$360MDebt Financing

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