2020 was a year that changed how we live. Many people lost their jobs, and those who retained their work had to make some adjustments. Restaurants and other businesses had to cope and strategize to be able to continue operating. Some businesses thrived, like the online casino industry.
This sparked a new wave of apps and technologies—all dedicated to making life easier as the world is coping with the COVID-19 pandemic. Today, let us take a look at the most successful startups of 2020, not only to battle the pandemic but also for other things.
NutSpace
This is an online education platform that helps children not with what to learn but how to learn. The idea behind it is to develop children with a proprietary method of teaching. It is called Proprietary Inventive Thinking Methodology.
There is also an in-classroom educational session where the focus is not traditional learning but how children can develop independent thinking skills. Overall, the focus of the educational platform is to help children learn by themselves, become good listeners and also develop essential life skills.
Frankie Health
This one is a platform that helps people find the right mental health practitioner to help them out. It is a B2B platform, which means that doctors and other professionals of mental health are the primary target market.
Also, the mental health aspect is pretty much dedicated to teams and not to individuals. The clients serviced on the platform are employers who want their teams or employees to have a positive mindset and a healthy mental state. In the app, the employees who need advice can get it from professionals. The health advice is personalized mental healthcare, and it is treated with utmost privacy.
Tamara
This is a company that offers money to consumers, so these consumers can make purchases and then make the payments on an instalment basis. The company was founded in 2020, and the goal of the founders is not just to help consumers but also merchants to grow their sales.
Tamara is currently funded by investors, and it has raised $6M to date. It has only four full-time workers with seven investors. The company is based in Riyadh. What it offers, however, is not the same with banks. With Tamara, you have to pay in 30 days.
Savage Game Studios
One result of the pandemic is boredom. The movie industry was at a standstill, and people couldn’t go to malls and other places. The founders of Savage Game Studios took advantage of this, and they are currently working on several projects.
Savage Game Studios is not a dedicated game developer for their own brand. Instead, they are a team of experts in all aspects of game development. You hire them if you want to make a game. Currently, the team was funded for $4.4M by six investors.
Club Feast
Many restaurants closed because people could not get out to eat. The founders of Club Feast realized this financial blow to the hospitality industry, and they built an app that connects consumers with their favourite restaurants.
The company is based in California and is currently funded at $3.5M with only one investor. The consumer who is looking for food will be connected by the app to a restaurant that has that same food on its menu. The app will also schedule the delivery. We have to add here that food delivery is not instant. You cannot order today and get the food delivered today. Rather, it is pre-scheduled.
Team Flow
Since many people can no longer work in a physical environment, there is an opportunity to make money via a virtual office, and this is what the founders of Team Flow did.
Team Flow is a virtual office. The target market is comprised of employers whose team works remotely. In the application, team members can chat and work together. It does not work like Slack or Zoom. Here, the employee will see a bubble of his/her icon in the app. The app has virtual rooms, and the employee will move his/her bubble to another room if he/she wants. If he/she does, he/she can only hear the voices of the people who are in the same virtual room.
Drata
The last on our list is a data-driven security and compliance company. As more and more businesses decide to take their businesses online, there is a growing need to manage data security and compliance.
Drata is a company that helps businesses secure their online environment and presence. Four investors funded this startup for $3.2M. There are only three members as of this time.
Drata claims to be the world’s most advanced automation platform when it comes to security and compliance. It also promises to lower the cost of these two things. It has automated auditing processes, integrations for SaaS services, and many more.
Overall, what the company does is ensures that a business entity and all its employees are adhering to government regulations not just in terms of security but also in terms of compliance to financial conduct and processes as mandated by law.
Summary
We have evolved after so many centuries. As humans, we are still here despite all the catastrophes and pandemics that happened in our colourful history. Should we ever end COVID-19 and make it a thing of the past, we should not be complacent. No matter what happens, we have to brace ourselves and find ways to turn things in our favour.