Why Are Many Startups doing Well in Santa Monica

Take Me To Post Comment Form

Santa Monica is increasingly becoming popular when it comes to startups. Many startups are coming up, and they have many benefits. Most of the startups specialize in apps that make most operations easy in various sectors in the city. This is a good thing for the city as many young professional and entrepreneurs are moving to the city to work as well as invest in the startups. Many of them are making huge profits from what they offer to the city. There are many apps as well as devices that target various sectors such as healthcare. Below is a detailed discussion of some of the startups and some reasons why they are doing well in Santa Monica.

Some leading startups in Santa Monica

One of the leading startup doing well in the city is Headspace. The startup has come up with a mental fitness application that is helpful in meditation. The firm was found in 2010, and up to date, it has raised funds that amount to nearly $40million. There is another startup by the name Fair.com which has come to help individuals avoid frustration when purchasing cars. This app has raised over $1 billion, and it allows clients to choose their ideal car and make a purchase using their phones. Edmunds, Hallmark labs, TaskUs, MomentFeed, Cornerstone on Demand and many others are some of the startups doing excellently in Santa Monica.

Reasons why startups are doing well in the city

Have great ideas

For a startup to do well in the competitive market, it must offer something new to the market. The Startups offer solutions or help companies as well as individuals to do operations easily. Cornerstone on Demand is a good example of a startup that has come up with a software that is helping companies and many employers to manage workers. Many other startups have great ideas that simplify operations like purchasing of a car like the case of Fair.com.

Financial support

Most of these startups can get raise funds from venture capitalists. Of course, when you have a great app or software to offer to the market, you will get funding. Most of the startups have developed sophisticated software and technological devices that address most of the challenges facing individuals as well as companies.

Presence of many young tech professionals

Santa Monica is home to many young skilled professionals. A good percentage of the professionals specialize in technology. These means that most of the startups have professionals to hire to help them realize their goals. On top of that, these young tech professionals are the ones starting most of these startups.


Santa Monica has risen to become one of the tech cities in California. The city has young professionals who are determined to realize their goals through innovations. Most of these startups use post office services to receive as well as send letters to important individuals such as potential clients, investors, and employees. They even use Santa Monica, CA post office phone number to connect with the post office for inquiries. The startups will continue to do well which is good for the city.

Latest Activity: Jun 10, 2018 at 5:03 AM

Bookmark and Share
Forward This Blog
Print Blog
More Blogs by mikekomo
Send mikekomo a Message
Report Abuse

Blog has been viewed (284) times.

Log In to post comments.

Previous blog entries by mikekomo
Get Quality CBD Products from CBDPure at Cheap
July 08, 2018
Living a healthy life comes at a cost. You need to eat well and do exercises to keep your body fit. This is not enough to have a healthy body as you need to take health nutritional supplement to boost your well-being. Many supplements are available in the market, and ...
Read More »
Remarkable End of Life Care Services in Los Angele
March 11, 2018
Introduction In Los Angeles, many people need end of life care. This is as a result of terminal diseases or old age. For that reason, there are many end of life care agencies in the region. Hospice Valley is one of the agencies which is licensed and accredited. We serve ...
Read More »
3 of the best stretches for runners
January 11, 2018
Are you preparing for running and you want to make sure that you get the very best results? then you most likely want to make sure that you opt for the best stretches for runners. The reason is simple, with help from the best stretches for runners you will have ...
Read More »
December 03, 2017
Although there are many home care givers and agencies in the market, finding one for your aged parent, relative or friend can be an overwhelming process. The decision often takes its toll everyone involved as it is both an emotional and financial situation. Some people may require urgent home care ...
Read More »
How To Start A Blog And Make Funds
November 27, 2017
You have seen it in movies and on TV and in the news: people selling their blogs, making them into books, thus, making them into videos, and generally just making money off the internet through blogging. And now you are interested too! This article will provide you with the real ...
Read More »
[View More Blogs...]

Powered by
Morris Technology