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As the business world settles into a new era of rapid technological adoption, it has become imperative for industries across the spectrum to remain vigilant and adaptable. The reason? A new breed of startups is emerging, rewriting the rules and redefining the standards of their respective industries at an astonishing pace.

Regardless of their business model, startups are designed to be agile and lean enough to grow fast. This is why it’s also important for startups to measure their growth. For Y Combinator companies, a good growth rate is 5 to 7 percent per week, while an exceptional growth rate is 10 percent per week.

What do these startups look like? Here are 5 skyrocketing tech startups that are worth watching:

Tailor Brands

Tailor Brands is an all-in-one business solution that emerges as the preeminent choice for entrepreneurs who aim to streamline the often complex journey of building and growing a business. The startup acknowledges that half the battle is already won when an entrepreneur invests in a comprehensive business-building platform. With a global reach, they empower individuals worldwide to turn their innovative ideas into flourishing businesses.

They provide indispensable guidance from inception to realization, offering an extensive range of products that includes an LLC formation tool, design suite, website builder, tax solutions, and more. As more and more people recognize the value of their integrated approach and personalized support, it’s no surprise that they’ve emerged as the standout startup to keep a close eye on in the final quarter of 2023.

theGist

theGist is a trailblazing company that has not only caught this report’s attention but has captivated the industry with its innovative approach to streamlining workspace chaos and enhancing workplace productivity. Led by the dynamic CEO and co-founder Itzik Ben Bassat, this startup is redefining how professionals across various sectors collaborate, manage apps, and keep the information overload at bay.

As the world grapples with the influx of data and the complexities of an increasingly digital workspace, theGist serves as a beacon of hope for the overwhelmed professional. With its Unified AI Workspace, the company consolidates scattered applications into a single, cohesive hub, boosting productivity and minimizing the daunting task of app and content switching. It’s a paradigm shift, backed by AI-powered solutions, that offers a glimpse into the future of work.

Wise

In the realm of international finance and money management, Wise, formerly known as TransferWise, emerges as one of the top startups to keep a watchful eye on as businesses head into the final quarter of 2023. Founded on a simple yet ingenious concept, Wise presents a better way to move money across borders, eliminating the age-old nuisances of exorbitant exchange rates and hidden charges that have long plagued international transactions.

Wise’s evolution from its TransferWise roots has been nothing short of remarkable. It offers a multi-currency account, a versatile debit card, and a business account, making it a one-stop shop for international money management. For anyone seeking a cost-effective, hassle-free, and swift means of sending and spending money internationally, Wise stands out as a top contender, making it a formidable force in the financial tech industry to watch in Q4 2023.

Intercom

The tech world is abuzz with excitement toward the end of 2023, and one startup making a resounding impact in the customer service sphere is Intercom. It recognizes that when customers land on a website, questions and queries often bubble up instantly. In response, Intercom has pioneered a suite of tools, from live chat and intelligent chatbots to immersive product tours, designed to facilitate seamless, meaningful conversations between businesses and their customers.

As online businesses grapple with the scale and complexity of modern customer expectations, Intercom has stepped in as the knight in shining digital armor. More than 25,000 businesses have embraced Intercom’s complete customer service solution, using it daily to foster stronger relationships, drive faster growth, and adapt to the ever-evolving digital landscape.

Linktree

A standout startup that has not only solved a ubiquitous problem but has also rocketed to international acclaim, Linktree‘s journey has been nothing short of remarkable. With over 40 million users worldwide, it has firmly established itself as a beacon for brands, artists, publishers, agencies, and influencers seeking greater control over their online presence.

The company’s journey has been recognized by industry giants, earning them a place on CNBC’s ‘Upstart 100’ list and securing a prominent fourth place in Fast Company’s ‘Most Innovative Companies of 2020’ in the Social Media category. Linktree’s functionality has been a boon for those navigating social networks that limit direct linking from posts.

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