From the beginning, the Glossier team set out to build a great technology company. Creating a beauty brand was of course also necessary, but that almost seemed like table stakes, per Bryan Mahoney, Glossier’s Chief Technology Officer.
Founded in 2012, Compass has secured a total of $1.2 billion in venture funding, per CrunchBase, which includes a $400 million round in September 2018 at a $4.4 billion valuation.
Another startup bringing innovation to the changing industry is Metail, a developer of technology that enables users to virtually try on clothes and easily switch between potential outfit combinations.
The hospitality industry was once a hotbed of innovation. Back in the 1960’s, for example, the Holiday Inn developed and launched the Holidex, a first-of-its-kind centralized reservation system. In a time before the internet, this piece of technology helped set the then 15-year old company apart. But times have changed, according to Patrick Bosworth, CEO and Co-Founder of Duetto.
Peloton is a New York-based company that has developed a line of tech-enabled exercise equipment, as well as a deep library of classes that users can work through either in the comfort of their own home or at the gym.
Take a look at the startup talks from at the AWS Summit held on August 23rd, 2018 in Anaheim, California. From using ML to detect fraud at scale to the mechanics of live-streaming a massive esports event, the talks were wide-ranging and drew quite the crowd.
According to Turo CEO Andre Haddad, there are almost 300 million cars in the United States and about 1.1 billion worldwide. While those numbers seem staggering, the average car is only used 10% of the time, per Haddad. Turo looks to fill that gap, offering a marketplace where car owners can rent out their cars to other users when available.
To get a better understanding of the service and how it came to be, we sat down with one of the product managers of SageMaker, Kumar Venkateswar. He told us about what the team set out to build, the problems they were looking to fix, and what startups are currently using the service.