Obviously, If you have a great product, you'll be able to raise enough money to scale your business, but it really seems like a few industries can attract more attention and eventually more money.
1. Financial technology
We don't need a new PayPal or Coinbase but we actually need platforms to make the ability to work with money more effective, that's why we see big new money platforms every now and then.
Acrons is a great example here, Acorns is a finance company that allows individuals to round up purchases and automatically invest the change.
Acrons recently raised $300M from a series F making their total of funding over $507M.
2. Communication
Building a new Facebook is not reasonable, but creating a platform to connect two special groups of people can be good enough to give you millions of dollars.
MessageBird is a cloud communications platform that connects enterprises to their global customers.
They have raised over $1.1 Billion, only $1 Billion of that comes from their series C.
3. Artificial Intelligence (AI)
Based on statistics, The AI market is expected to reach $190 billion by 2025, So you can imagine its high growth potential.
We're seeing many new AI startups, They try to automate everything with AI, and every successful AI startup is a step toward a better future.
Building an AI startup with a useful innovation can almost guarantee that you'll be able to raise enough money to scale your business.
Databricks is a data and AI company that interacts with corporate information stored in the public cloud. They've raised $3.5 Billion already in 9 founding rounds.
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