Devoted Health’s Post

Forbes has named #Newfront to its list of America's Best Startup Employers 2024! This is the third consecutive year Newfront has made the list. Learn more about Newfront at www.newfront.com. #insurancecareers #insuranceindustry #newfrontiers #hrconsulting

Thrilled to be part of the dynamic team at Newfront, where we're dedicated to revolutionizing the insurance landscape. 🚀 Our team comprises highly skilled insurance experts committed to easing the frustrations around risk and coverage placement. 💼 With the power of transformative technology at our fingertips, we're able to offer clients real, meaningful solutions that meet their unique needs. Excited to continue empowering our clients and driving positive change in the industry! OH and we are NAMED ON Forbes!!! #InsuranceExperts #TransformativeTechnology #ClientEmpowerment"

Wow! What an honor for QuSecure to be on this Forbes list of America's Best Startup Employers. We are a small but mighty team whose mission exceeds our size and that's what drives us. Please visit us at qusecure.com and QuSecure to learn more about #postquantumcryptography and how we are utilizing crypto agility to revolutionize the world of data protection.

Customers have more choice than ever before in quickly finding another product, service, or offering that better meets their demands. In addition to existing competitors, there is no shortage of companies rushing in to fill identified gaps and opportunities to serve customers better. US Census Business Formation Statistics shows that the total number of new startup business applications per year grew 74% in the ten years between 2010 and 2020. The first 5 months of 2021 alone saw an increase of 72% in new business applications over the same period last year. Total startup applications in 2021 were 24% higher than 2019 compared to a yearly growth average of 4% since 2010.

"Last year applications to form businesses reached 5.5m, a record. Although they have slowed a touch, the monthly average is still about 80% higher than in the decade before covid, compared with just a 20% rise in Europe. " How to build startups that scale to value? Two keys - have an iterative growth strategy built on a keen understanding of product market fit and sequence that growth such that your product, team and market conversion happens deliberately and in tandem.

📈 Some interesting statistics about startups: ▪️The average time between funding rounds from Seed to Series A is 18 months, Series A to B is 10-18 months, and Series B to Series C is 27 months. ▪️A study shows that a 60 year old is 3x as likely to build a successful startup than a 30 year old in 2023. ▪️41.5% of all entrepreneurs are women, while 58.5% are men. ▪️The time of year you pitch,the detailedness of your data, and the value of your pitch deck are a few of the strongest factors affecting the amount of funding a business receives. ▪️ In 2022, U.S. healthcare startups were the strongest industry, bringing in $12.6 billion in revenue. https://lnkd.in/dAQKse2e

Startup founders and entrepreneurs face the same hurdles, whether in bustling cities or tranquil regions. Here's a snapshot: 💰 Access to Capital: The shifting landscape has hit regional and city-based startups alike. The current high-interest rate environment poses challenges as invested capital sees withdrawals. Regional startups, however, feel this pinch more due to a scarcity of investors outside metropolitans. 🌐 Access to Support: Governments are crucial in creating policies that set the stage for entrepreneurial success. A thriving startup ecosystem requires support, and policymakers play a key role in fostering a conducive environment. 🌟 Access to Talent: Early-stage startups often grapple with attracting and retaining technical expertise. The battle for talent against industry giants is fierce. The challenge intensifies for regional startups, requiring a multifaceted approach to draw tech talent to these areas. Break barriers, foster support, and attract top-tier talent – key tenets for startups, regardless of their geographical footprint.

🌟 **York County, SC: A Rising Star in Tech Startups!** 🌟 We are thrilled to share some exciting news from The Economist on why our region is gaining national recognition for tech startups. Here are three key reasons why York County is on the map: 1. **Booming Startup Culture**: The pandemic has ignited a surge in entrepreneurial spirit across the U.S., and York County is no exception. From innovative health-tech firms to AI-driven solutions, our local startups are thriving, contributing significantly to the national wave of new business formations. 2. **Supportive Ecosystem**: Our community and institutions, like the University of South Carolina, play a crucial role in nurturing startups. From providing clinical trial support to fostering connections with industry experts, York County offers a fertile ground for innovation and growth. 3. **Remote Work Advantage**: The shift to remote work has allowed even the smallest startups to access global talent and resources. Entrepreneurs in York County are leveraging this trend, collaborating with experts from tech hubs like Silicon Valley and beyond. Join us in celebrating York County's vibrant entrepreneurial spirit and let's continue to support and grow our tech startup ecosystem! Read the full article here: https://lnkd.in/e5S_U2JA #TechStartups #Entrepreneurship #YorkCounty #Innovation #RemoteWork #StartupEcosystem

Europe is experiencing an undeniable demographic shift. By 2070, predictions suggest that nearly 30% of Europeans will be aged 65 or over. While this 'silver tsunami' presents challenges, it also offers unparalleled opportunities for AgeTech startups! 🚀 This massive demographic shift demands innovative solutions to meet the unique needs of seniors. We're talking about tech that enhances mobility, connectivity, health, and leisure for this vital segment of our population. For AgeTech startups, this is not just an opportunity but a call to action. Birdhouse has long recognized the potential of this growing sector. We invite visionary founders to join us, transforming challenges into groundbreaking solutions for our ageing society. 🤝 Are you or do you know an AgeTech founder that wants to accelerate their startup towards being the next success story in this important technology niche of society? 💥 Register for the next Birdhouse cohort through the link in the comments! 👇 #agetech #acceleratorprogram #aging #startups #funding 

Denver and Boulder are increasingly becoming hotspots for tech entrepreneurs, drawing talent and investment away from Silicon Valley. According to a recent CNBC article, these Colorado cities offer a more affordable cost of living and a vibrant startup ecosystem, which are big draws for founders and investors. This trend is signaling a significant shift in the U.S. tech landscape.