Top 5 Fastest Growing Startups In 2023
When your startup is established and growing, it can often feel like the future is uncharted.
One of the primary challenges faced by startups at this stage is finding talent that aligns with their vision and values.
In this blog, we will explore 5 fast-growing startups in 2023 that are helping startups recruit, retain, and grow their talent base.
OnlyFans 💋
| Location | Year Founded | Funding | Website | 5-year Growth | Net Revenue |
| London, UK | 2016 | Undisclosed | https://onlyfans.com/ | 9100% | $2.5 billion |
What They Do
OnlyFans is a popular platform based in London that has seen explosive growth over the past five years. The company was founded in 2016 and, as of 2022, had 7 million users per month and net revenue of $2.5 billion.
Despite this impressive performance, however, OnlyFans has not been able to secure larger investors to date. One reason for this may be the company’s public image.
OnlyFans has been widely criticized for its role in the COVID-19 lockdowns – during which the platform became especially popular for its content and memes. This limited investor interest may be due to the company’s image rather than any fundamental problems with its business.
As of now, OnlyFans has not disclosed any funding details or plans, leaving investors somewhat uncertain about its future.
Linktree 🖇️
| Location | Year Founded | Funding | Website | 5-year Growth | Net Revenue |
| Melbourne, Australia | 2016 | $165.7 million | https://linktr.ee/ | 2050% | Over $1 billion |
What They Do
With just one click, influencers and content creators can easily distribute their work across multiple platforms with Linktree. When a subscriber clicks on a Linktree link, all of a creator’s pages appear in one straightforward display, saving them from having to search across so many platforms.
The company, which has been featured on Forbes, Entrepreneur, and Digital Trends, continues to expand its capabilities, including payments and Shopify integration.
Their suite of tools includes social media analytics, social listening, social engagement, and social marketing automation. They have raised $165.7 million in funding to date.
Lalamove 🚚
| Location | Year Founded | Funding | Website | 5-year Growth | Net Revenue |
| Hong Kong | 2013 | $165.7 million | https://www.lalamove.com/en-hk/ | 459% | $2.5 billion |
What They Do
Lalamove, an Asian logistics platform that recently raised Series F financing led by Sequoia China, has increased the speed and quality of its last-mile deliveries and fulfillment.
In 2021, Lalamove will have more than 10 million paying customers and 70,000 drivers using its network. Within 12 seconds, customers can be matched with drivers, and deliveries can be completed in 55 minutes.
Labster 🔬
| Location | Year Founded | Funding | Website | 5-year Growth | Net Revenue |
| Copenhagen, Denmark | 2011 | $150.5 million | https://www.labster.com/ | 587% | $21 million |
What They Do
As of 2020, virtual learning has largely been driven by necessity. Despite this, online education has proven beneficial to many teachers and students. Lab work has been among the most severely impacted areas of in-person education over the past two years. Among the last areas of science that needed hands-on education was the lab.
For students to conduct experiments on topics ranging from DNA sequencing to cancer treatment, Labster has created more than 250 top-notch virtual laboratories. Labster is used by 1,800 universities worldwide and 900,000 students, proving the effectiveness of the well-loved gamified method.
Tailwind 📑
| Location | Year Founded | Funding | Website | 5-year Growth | Net Revenue |
| Oklahoma City, Oklahoma | 2012 | $10.7 million | https://www.tailwindapp.com/ | 1012% | $13.1 million |
What They Do
On Instagram and Pinterest, there are a lot of content producers, so it’s hard to stand out.
Tailwind’s visual creation platform is used by over 1,000,000 brands and influencers worldwide, partly because it makes generating content from scratch a lot easier.
By automating the most tedious aspects of the development process, such as hashtags, color schemes, and schedules, brands can concentrate on the concept behind the postings.
Tailwind is used by more than a million small businesses, including giants like Shopify, Serena & Lily, Jenny Yoo, and Article.
Conclusion 🤔
Startups are an essential part of the business world. They offer businesses new opportunities and help them to stay ahead of the competition. With so many startups growing at a rapid pace, it can be hard to keep track of them all.
To make things easier for you, we have compiled a list of five of the fastest-growing startups. Keep an eye on these startups as they are likely to achieve even greater things in the next two years.
