logo
The year's top trends for early-stage startups in the mid-Atlantic, by the numbers

The year's top trends for early-stage startups in the mid-Atlantic, by the numbers

Technical.ly12-03-2025

Early-stage startups are coming in strong in 2025, with AI, social and the environment in focus.
We've gathered data on 74 early stage startups in the mid-Atlantic region, via our annual RealLIST Startups in Philadelphia, DC, Baltimore and Pittsburgh. Data includes employee counts, funds raised, workplace setup and university affiliation.
The startups fell into eight categories: Software, healthtech, greentech, biotech, cybersecurity, robotics, fintech and services. No matter what category the startups represent, many of them have incorporated AI, such as DC-based PerVista AI's gun-detecting technology, Philly-based Sahay AI's railroad inspection robotics or Pittsburgh-based Moss's agriculture analyzer. More of this year's startups use AI in one capacity or another than don't.
Another trend that is obscured by the limited number of categories are three social app startups — Spinnr, InPress and RYLA — that offer alternatives to big social media platforms like X and Facebook. RealLIST Startups continue to lean into the greentech and healthtech sectors, but the overall variety is diverse, including startups that offer everything from vinyl record manufacturing to laundry service.
Right now, though, we're looking at the bigger picture. Read on for some of this year's top regional startup trends, by the numbers.
Hybrid work reigns supreme
It's been a couple of solid years now of industries declaring that remote and hybrid work are out and 100% in-person is in. While there are of course industries where employees have to be in person, whether it's a wet lab or a consumer-facing brick-and-mortar business, tech jobs generally allow for a lot of flexibility.
That flexibility is reflected in the 74 early-stage companies named on the 2025 RealLIST. Less than 10% — just seven — work entirely in person. Those seven startups are spread across industry categories, with four in the largest category, software, and one each in healthtech, greentech and service.
Software, by far, has the most remote-only jobs in the sample, with 17 startups that are remote-only. The two cybersecurity startups are both remote-only as are a few in healthcare, greentech, fintech and service.
47% of the startups are hybrid — the most of any workforce type. Hybrid dominated in healthtech, greentech, biotech, robotics and fintech.
Starting not-so-small
The startups in our dataset have all been founded within the past three years. It's expected that most don't yet have a large number of employees, and that is reflected in the data, where 29 of the 74 startups have 0-2 employees and 51, or about 70% of the startups, have 5 employees or fewer. But there are some surprises.
Gemma Biotherapeutics, at less than a year old, is an outlier, with 80 employees, five times more than the startups with the next highest number of employees, Clean Plate Innovations and RoboLoop, both Pittsburgh startups founded in 2024 with 15 employees each. Counter to what we might expect, some of the youngest startups have the most employees, though it's worth noting that Gemma, Clean Plate and RoboLoop are all university-affiliated.
Overall, about one-third of the 2025 RealLIST Startups have between 5 and 15 employees.
Accelerators have impact, but some startups succeed without them
More than twice as many of the startups have participated in accelerators or incubators, with 19 startups responding that they have not.
29 of the accelerator-attending startups have raised between $100,000 and $999,999, compared to five of the no-accelerator startups.
Where it gets interesting is when you look at startups that have raised $1 million or more. Eight startups in total have surpassed the million-dollar mark — and six of them did not participate in accelerators, incubators or pitch competitions. One startup, Philadelphia's Gemma Biotherapeutics, affiliated with the University of Pennsylvania, is an outlier in several areas, including raises. The biotech company, founded in 2024, has raised $34 million. That's nearly three times more than the next highest raise on $12 million by DC's HyperSpectral Corp.
At the same time many of the startups are pre-seed and have yet to raise any funding. 12 of the accelerator-attending startups reported $0 in funding, as did six of the no-accelerator startups.
University affiliations are more common on the coast
With so much innovation, not to mention entrepreneurship programming, coming out of the region's universities, it's not a surprise that almost one-third of the startups are affiliated with a university.
Philadelphia has the most university-affiliated startups in our dataset, with ten, but Baltimore is right up there with nine; Pittsburgh has the fewest, with four, and DC is right in the middle with five.
As noted with the data about the number of employees, university-affiliated startups may get bigger earlier and have opportunities to raise funds through networking and other university resources.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

1682 Summer Series sets the stage for one of Philly's premier AI conferences
1682 Summer Series sets the stage for one of Philly's premier AI conferences

Technical.ly

time3 hours ago

  • Technical.ly

1682 Summer Series sets the stage for one of Philly's premier AI conferences

What does it really take to build with AI — and not just talk about it? That was the question at the center of the 1682 Summer Series, a sold-out event hosted at Comcast NBCUniversal LIFT Labs that gathered corporate leaders, startup founders, technologists, and investors for an honest look at where innovation is actually happening, and how AI is driving it. Hosted by Comcast NBCUniversal LIFT Labs, the series was sponsored by Glean, Independence Blue Cross and Turnberry Solutions, and served as a powerful prelude to the full-day 1682 Conference at the Barnes Foundation this October. Across three sessions, speakers pushed past surface-level trends and into the strategic, operational and behind-the-scenes examples of implementing AI at scale. Whether inside Fortune 500 companies or fast-moving startups, the message was clear: We're getting to the substance of what AI can actually deliver. What comes next is harder — and far more important. Speakers brought real talk to the 1682 Summer Series Sushma Akunuru, CIO of Independence Blue Cross, opened the day in a fireside chat with Moe Rinkunas of Rock Health. Akunuru spoke candidly about deploying AI in regulated industries, highlighting IBX's use of generative AI to support agents, improve claims processes, and enhance customer experience. Her advice: Move fast — but with trust, intention and oversight. In a panel on enterprise innovation, Jonathan Walsh (CSL), Kirby Forland (McKesson) and Katie Teuber (Comcast NBCUniversal LIFT Labs) discussed building innovation programs inside large organizations. Moderated by Len Porcano, the session highlighted lessons on executive alignment, digital literacy, and what makes partnerships with startups actually work. Closing out the morning, investors Jim Hao (Reformation Ventures) and Jonathon Beschen (Ben Franklin Technology Partners) joined moderator Sushma Rajagopalan (Rittenhouse Ventures) to unpack how AI is reshaping investment strategy. From LLM fatigue to the rise of enterprise service enablers, the panel explored where capital is flowing — and why. Fueling Philly's next AI breakthroughs: The 1682 Venture Awards One of the unique components of 1682 is the Venture Awards, created to spotlight and accelerate early-stage, AI-driven startups in Philadelphia. More than just a pitch competition, the awards provide real capital, hands-on guidance, and meaningful visibility to founders solving real-world problems with emerging tech. Winners receive: $5,000 cash 20 hours of go-to-market strategy support from O3 And the impact? Just ask Tejas Agarwal, co-founder of Sahay AI and last year's winner. At this year's Summer Series, Tejas returned to share an inspiring update on his journey since winning. Sahay AI has grown from a one-person operation to a fully funded team, recently closing a round of investment and launching a pilot with one of the world's largest transport organizations. Tejas credits the Venture Awards for giving his team the push they needed at a critical inflection point: refining the business model, preparing for investor conversations and ultimately building momentum that led to real-world traction. What's next for 1682: A full day of innovation at the Barnes Foundation Building on momentum across multiple editions — 2019, 2024, and now 2025 — the 1682 Conference has evolved into what may be Philadelphia's preeminent gathering for AI-driven innovation. 2019: Inaugural flagship event held at the Barnes Foundation. This invite-only, intimate conference drew high-level speakers from companies like Oracle, Accenture, Comcast, and CHOP, focusing on early-stage AI and innovation in enterprise settings 2024: A five-year hiatus gave way to a return at Five Below's Center City HQ. This expanded conference dived deeper into how AI is shaping process and profits for companies. This time covering broader sectors such as healthcare, finance, sports and retail, the event saw the introduction of an AI-focused pitch competition and robust sponsor support from JP Morgan, Acquia, Pennovation and Ben Franklin Technology Partners. 2025: 1682 is now set to return on Oct. 8, 2025, at the Barnes Foundation, where we'll explore the innovation landscape, with a focus on how AI is influencing profit and process, through behind-the-scenes demos and details. The event will feature a full day of programming spanning strategies for real-world use of AI — what works, what doesn't and why. Confirmed speakers include senior leaders from Google, Hershey, Best Egg and SEPTA, with more to come. This year, attendees can expect: Insightful keynotes, panels and hands-on AI demos A thoughtfully curated environment for networking, complete with meals and coffee breaks A private after-hours cocktail reception on the Barnes' terrace Exclusive access to the foundation's world-renowned art collection (closed to the public for the day) The 1682 Summer Series proved there's a real appetite in Philly for grounded, actionable conversations about innovation. The October conference promises to build on that momentum, and then some.

After high-profile derailments, this founder turned his engineering skills toward improving rail safety
After high-profile derailments, this founder turned his engineering skills toward improving rail safety

Technical.ly

time3 days ago

  • Technical.ly

After high-profile derailments, this founder turned his engineering skills toward improving rail safety

After two deadly train crashes made headlines in 2023, Tejas Agarwal was inspired to create rail infrastructure technology, but was unsure how to turn the idea into a startup. While Agarwal always had an interest in starting his own company, he faced unique challenges as an immigrant in the United States. But the East Palestine, Ohio, and Odisha, India, train accidents spurred his idea into action. In 2023, Agarwal founded Sahay AI, a robotics company that uses an AI-based system to inspect railroad infrastructure. Then, last October, Agarwal's advisor sent him an application for Unshackled Ventures, a VC firm that specializes in supporting immigrant entrepreneurs. He applied and got $150,000 in funding, pushing him to pursue Sahay AI full-time, and a few months later, it landed on 2025 RealLIST Startups list. Originally from India, Agarwal completed his undergraduate degree in electrical and electronics engineering. However, his main interest at the time was in aerial design and engineering, which he pursued as an extracurricular. As he continued his work in robotics, his specific interest in drones emerged. He used to watch online lectures from Vijay Kumar, the current dean of Penn Engineering, and decided he wanted to go to the University of Pennsylvania to study drones. He moved to Philly in 2021 to complete his master's degree, where one of his professors sparked his interest in self-driving cars. He got involved with the Autoware Foundation based out of Pennovation and started working there after graduating in 2023, eventually building up the skills to branch out on his own. In this edition of How I Got Here series, Agarwal discusses the current events that led to founding Sahay AI, why robotics seemed cooler than software and how his immigrant experience helped him found a company. This Q&A has been edited for length and clarity. How did you become interested in robotics? In undergrad, I got the opportunity to work with this club at my university called Unmanned Aerial Systems (UAVs), where we started designing reconnaissance UAVs and inspection drones. That's basically where my first interest in robotics started. We won global competitions all around the world, even in the US. That made it clear to me that I wanted to do something in the technology space on the robotics side. I felt like software was great, but through robotics, I could actually change something in the world. It feels more gratifying — and it looked cool, honestly. 'Software was great, but through robotics, I could actually change something in the world.' Sahay AI founder Tejas Agarwal What led you to start your company? I knew I wanted to start a company because I felt like I couldn't do anything else. I wanted to do everything, the tech, the sales, the team building. I wanted to use all of my skills that I learned over the years. There were a couple of things that happened that pushed me into the idea for Sahay AI. The first one was a rail accident that happened in February 2023 in East Palestine, Ohio. Norfolk Southern, a freight train, got derailed due to faulty equipment on their side. In June of 2023, there was another train accident in India where three trains collided and 300 people ended up dying. I was curious about what's going on. I found out that the rail industry was very archaic. People were still walking on the track to do inspections. Now, this would be okay if the trains were not in operation, but because the trains are continuously in operation, and there are only specific intervals where these guys can actually go. I realized there might be a problem of just data abstraction, or people are not getting to see what they're supposed to see. How has being an immigrant impacted your entrepreneurship experience? The pros are that you come from the perspective of two different countries. You have those cultural learnings from when you were growing up, and now you have to adjust to a completely different cultural setting. You have to learn a bit of the lingo. In terms of cons, the visa issues are a thing. I think that's a common stress that immigrants have to face. Even if you're on a job here, it's a big issue. It's good to just keep on working and concentrate on what you're here to do. Unshackled Ventures has really been awesome on that front. They've taken care of all of the responsibility for the visas so that I can focus on the business. What lessons have you learned from starting Sahay AI? There's a big learning curve, especially coming from an engineering background; there's so much to learn. There is sales, there is business development, there is hiring, there's team management. It's not just tech. The biggest one is to keep learning. One thing I've felt is that the more I learn, the more I know about my own sector, the better I am in conversations and the better knowledge I can give to my teammates to grow the company better. Learn everything that you can about running a company. If you want somebody to do something for you, you need to have that bit of knowledge to actually hold a conversation, ask good questions and make sure they're doing everything right. What advice would you give to someone who wants to start a company? Research, learn and do not hold back. In school, I felt that web development was not my cup of tea, and I would never need to do it. Actually, I've designed five websites since then. Play around with stuff, talk to as many people as you can, because people are the biggest sources of knowledge, and there's no better way you grow in life than talking to people. One thing that I tell myself every day is, nobody knows what they're doing, so don't put yourself down. You can do it.

Baltimore will keep CIAA tournament through 2029, officials announce
Baltimore will keep CIAA tournament through 2029, officials announce

Technical.ly

time4 days ago

  • Technical.ly

Baltimore will keep CIAA tournament through 2029, officials announce

An annual basketball tournament held during Black History Month and bringing a wide economic footprint will stay in Baltimore through the end of the decade, local officials announced. Public and private sector leaders on Wednesday gathered at the Baltimore Visitor Center in the Inner Harbor to announce the city won the bid to host the Central Intercollegiate Athletic Association (CIAA) competition from 2027 to 2029. Baltimore has hosted the popular HBCU tournament since 2022, a start date that was delayed a year by the pandemic. Competition is intense to host the event, which features games between historically Black colleges and universities throughout the mid-Atlantic and Southern United States. With this latest win, Baltimore notably beat out Charlotte, North Carolina, which hosted the CIAA between 2006 and 2020. At the announcement, many speakers — including leaders from CIAA members Bowie State University and Lincoln University, Baltimore-based sports apparel giant Under Armour, Maryland's Department of Commerce, tourism arm Visit Baltimore and insurance company CareFirst — highlighted the tournament's impact and significance beyond the court. 'My favorite part of this relationship is the deep investment into community,' said Mayor Brandon Scott. 'The CIAA goes all out: financial literacy, health summits, skills camps … so that we're growing the generation of CIAA graduates to come back to Baltimore and go into communities to help make us the best version of ourselves.' This impact extends to the city's business and startup communities, which each earned a major spotlight during prior tournaments. In 2024, the city saw a total economic impact of $32.5 million, including $23.6 million in direct spending, according to Visit Baltimore. Al Hutchinson, the tourism agency's outgoing CEO (whom Mayor Scott recognized at the end of the Wednesday press conference), previously said that the tournament generated $81.7 million in total economic impact and funded an average of 1,326 jobs each year between 2022 and 2024. The 2025 financial figures dropped a little, with this year's tournament boasting $19.8 million in direct spending and $27.4 million in total economic impact. That said, the number of jobs created, by Visit Baltimore's tally, grew to 1,487. For the innovation community, the tournament offered the chance to showcase Baltimore's Black technologists, entrepreneurs and other sector players during the annual Tech Summit House program. The series of talks and pitch contests revolving around topics like AI, Africa's startup world and how to navigate an industry filled with racist disparities dovetailed with local boosters' broader goal of highlighting this predominantly Black city's unique assets. 'The tournament particularly uplifts Black-owned businesses, highlights our HBCU legacy,' Hutchinson previously told 'and adds to the vibrant mix of music, arts and culture that define Baltimore's Black community.' Although he didn't speak during Wednesday's presser, Mark Anthony Thomas, CEO and president of the Greater Baltimore Committee (GBC), said he took part in a pitch to host the tournament last week. He and others only found out about the acceptance this week. For Thomas, the fact that none of Baltimore's HBCUs are in the CIAA (the closest being Bowie State in Prince George's County, near DC) was actually an asset. 'The most successful ends are when you don't have the natural advantages of other markets,' Thomas told before the press conference. 'We don't have any of the CIAA schools, we're not central to where they're located. And it means that Baltimore overperforms on charm, our ability to be collaborative and a great partner with the CIAA — and we actually put on a good show.' Just a day earlier, Thomas held a fireside chat at the GBC's Inner Harbor offices with Jonathan Bowles, executive director of the New York City-based Center for an Urban Future. For nearly an hour, the pair spoke before GBC members about topics including the growth of New York's tech economy, the Great Recession's lessons in economic diversification and what Baltimore can learn from the country's biggest city. One theme Bowles hit on was the importance of the cultural sector to a city's development. Thomas connected this to the current bid, and the way Baltimore's economy can build upon the prior tournaments. 'In our 10-year plan, creative and culture is one of the three opportunity areas, so this is central to that type of potential we see for the region,' he said. 'Obviously, it's a risk. Visit Baltimore initially pursued this, and so you think about the risk they took — to even believe that Baltimore had a chance at competing for this — and for it to have been successful, now twice, is a huge endorsement of the infrastructure they built.' community Slack and visiting the #baltimore channel.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store