Tech Watch: 8 of Boston’s Top Tech Companies This Summer

Soaking up every bit of the summer breeze off of the harbor and feeling a renewed optimism that the family reunion might finally switch the lobster roll from mayo to hot and buttered — we are finding a certain magic in the New England air this year.  

The magic comes to life under the lights in Fenway as Brayan Bello steps to the mound. It’s summer, and we know that not even the tourists on swan boats can keep us away from enjoying the sunny days. 

Because we wanted a reason to raise a pint, Built In Boston made a list of local tech companies, all thriving and growing with every warm day.  

 

What SharkNinja does: SharkNinja is an e-commerce company that brings everything from beauty products to robotics to market. 

Going Public: SharkNinja recently became an independent, publicly traded company, separating from its former parent company, JS Global Lifestyle Company Limited.

“Our success lies in understanding our consumers’ needs and rapidly developing innovative products to exceed their expectations,” said CEO Mark Barrocas in a press release announcing its NYSE IPO. “This approach has enabled us to build two billion-dollar brands, Shark and Ninja, by establishing leadership positions across numerous household product categories.”  

 

 

What Dynatrace does: Dynatrace is a software and AI company that works to simplify cloud complexity. 

Inside Scoop on Culture: Dynatrace recently launched “Culture Decoder,” a designed graphic outlining the company’s mission, purpose, vision, values and behaviors. This is meant to act as a “guiding compass” for employees, and is centered around Dynatrace’s three core values: “Innovate with passion,” “Engage with purpose” and “Win with integrity.” 

 

 

What Novo Nordisk does: Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. The company’s goal is to defeat diabetes and other serious chronic diseases such as obesity, rare blood and endocrine disorders. 

AI Growth: A long-established global pharmaceutical leader that celebrated its 100 year anniversary in 2023, Novo Nordisk is now pioneering the integration of AI in its research and development endeavors in order to leverage groundbreaking technology to serve patients.

 

 

What SmartBear does: SmartBear helps software development teams have better visibility into end-to-end quality, throughout test management and automation, the API development lifecycle and application stability. 

AI Growth: SmartBear recently launched HaloAI, an AI-driven technology deploying across the entire product portfolio. HaloAI uses generative AI to enhance software development and test error-prone tasks. In the beta program of SmartBear’s Zephyr Scale, the company reported that over 1,200 testers were able to automate test cases that used to require manual intervention.

 

 

What Vestmark does: Vestmark is a provider of portfolio management, trading solutions and outsourced services for financial institutions. The company aims to help clients efficiently manage and trade customized portfolios through a SaaS platform. 

New Partners: Vestmark and PureFacts Financial Solutions formed a strategic partnership to enhance billing solutions for leaders in the wealth management space. PureFacts allows Vestmark to offer an integrated billing platform. A press release from the company notes that PureFacts’ enterprise billing platform has unique and scalable capabilities, and it “ provides Vestmark clients the ability to track, measure and optimize every dollar, bringing flexibility to support a wide range of business models, from small independent practices to regional broker-dealers and wealth managers, and large national clients.” 

 

 

What Bullhorn does: Bullhorn is an HR tech company that creates software for the staffing industry. More than 10,000 companies rely on Bullhorn’s cloud-based platforms.

Keynote Summary: Art Papas, CEO and founder of Bullhorn, gave the keynote speech at Engage Boston 2024 where the topic of the hour was AI and the staffing industry. The session noted that data in the staffing industry needs to be “specific, enormous and actionable” in order to be used by AI. Bullhorn’s blog noted that: “The lifeblood of any strong AI strategy is data. As Art put it, ‘You need specific data. You need a lot of it. It needs to be an enormous data set, and it needs to be actionable data.’” 

 

 

What Stavvy does: Stavvy is a real estate and fintech company that helps transform real estate transactions into swift, secure and data-driven experiences.

Building New Additions: Back in 2021, Stavvy first caught our attention by landing $40 million in series A funding — the largest ever for a New England fintech company. Fast forward to the end of 2023, and the company is growing again. Stavvy acquired SigniaDocuments, which included the company’s SMART Doc technology, eClosing tools, eNote, eVault services and eRegistry technologies. The new technical capabilities will allow Stavvy to create more robust digital transaction tools that have a focus on security.

 

 

What Linus Health does: Linus Health is a Boston-based digital health company focused on transforming brain health for people across the world. The company hopes to advance detection, diagnosis and address cognitive and brain disorders with neuroscience, clinical expertise and artificial intelligence.

Acquisition News: Linus Health has acquired Aural Analytics, a clinical-grade speech analytics company. With Aural Analytics being a part of Linus Health, researchers and clinicians will be better able to “identify cognitive impairment and better understand the characteristics of those impairments,” according to a press release from the company. 

Linus Health Chief Medical Officer and Co-Founder Alvaro Pascual-Leone also stated in the release: “Our voices reveal essential aspects of our mental state and brain function. Technology can extract such metrics with exquisite precision. Aural Analytics has worked in the development and processing of voice metrics, and integrating them with other signals captured by the Linus Health platform will substantially expand our unique brain-health assessment capabilities.”