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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Get the Sheet for $50Agility 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 Founded | 2015 |
| Founders | Damion Shelton, Jonathan Hurst, Mikhail Jones |
| Funding Amount | $178.8M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Amazon, 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 Founded | 2018 |
| Founders | Hasan Alayli, Marty Kagan |
| Funding Amount | $145M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | QED 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 Founded | 2013 |
| Founders | David Katz |
| Funding Amount | $156.3M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Series B |
| Top Investors | OrbiMed, 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 Founded | 2018 |
| Founders | Alex Pentland, Alexander Lipton, Angela Angelovska-Wilson, Isaac Hines, Shamir Karkal |
| Funding Amount | $20.7M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Plug 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 Founded | 2023 |
| Founders | Chris Crane, Nicolas Joseph, Tim Delisle |
| Funding Amount | $17M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Ridge 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 Founded | 2020 |
| Founders | Darren Nix, Datha Santomieri, David Tulig |
| Funding Amount | $84.9M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Two 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 Founded | 2008 |
| Founders | Bobby Balachandran |
| Funding Amount | $100M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Private Equity |
| Top Investors | Coller 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 Founded | 2011 |
| Founders | Dave Miller, David Shear, Jake Weatherly, Marci Hansen |
| Funding Amount | $96.1M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Private Equity |
| Top Investors | CVC Capital Partners, Centana Growth Partners, Brighton Park Capital, Voyager Capital, Arnold Venture Group |
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 Founded | 2025 |
| Founders | — |
| Funding Amount | $15.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Seed |
| Top Investors | Intel 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 Founded | 2017 |
| Founders | Amanda Wilson, MJ Darby, Stephanie Strong |
| Funding Amount | $85.2M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series C |
| Top Investors | Gaingels, 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.