A college environment is created to enhance knowledge and prepare students to become leaders in any sector globally.
This environment is also conducive for students to create startup ideas, launch, and grow them into top companies.
Most students fear resources might limit them, but many companies were started by college students who didn’t have enough resources.
Many student startups performed well in 2021 and this is inspiring to students to gather strength and launch their ideas into growing businesses.
We at FirmRoom help many startups to raise money by providing them a cost effective software for investor's due diligence and in this article we'll look at the top startups founded by students.
Best student startups so far
- Echopoint medical
- Perlego
- Immerse
- Things Thinking
- Insomnia Cookies
- FedEx Express
1. Echopoint medical
Echopoint medical is one of the most inspiring student startups that can change a business environment fast.
The students who started it was concerned about how inaccurate heart disease diagnosis and treatment were. The students from University College London started this business in 2018.
It aims to provide cost-saving solutions for the treatment of heart diseases, accurate diagnosis, and avoid operations that are not necessary.
Through funds raised in 2020, the startup is now developing a technology that uses optical sensing to help cardiologists navigate this challenge better.
The idea of starting a business while a college student is both exciting and overwhelming. You must spend time to create the startup idea, think about funding, or any partners you might bring on board.
Besides, you will have to learn to balance between education and business, which can be challenging too. Most student entrepreneurs seek essay writing services to help handle academic papers while they work on their businesses.
You can do the same and ask someone to write my essay on EduBirdie where you can hire a professional to write my essay. The simplest thing to do is to buy essay and let professionals write for you.
2. Perlego
Perlego is another startup founded by students to provide solutions to students.
Gauthier Van and Matthew Davis were struggling in college because textbooks prices were beyond their reach.
They realized they weren’t the only ones struggling to buy them but a lot of other students in the UK and the rest of the world we’re going through the same challenge and this is how the Perlego idea was born.
The website has thousands of textbooks, novels, and other academic materials that students can subscribe to and get at very affordable costs.
In August 2021, the company was listed as one of the fast-growing startup businesses in Britain.
3. Immerse
Immerse was started by students to help other students learn the English language through virtual reality.
They created VR headsets that help students learn by creating avatars for learning and practice.
This experience of combining technology and learning has changed students’ experience and the business is one of the fastest-growing edtech companies.
4. Things Thinking
Things Thinking is AI technology-intensive startup started in 2017 to provide a better customer experience through an AI tech platform known as Semantha.
The platform uses ordinary language to enhance customer experience and it is recording exponential growth.
The startup is now gearing further through Angel investors to spread its presence to other customer service-intensive markets globally.
5. Insomnia Cookies
Insomnia Cookies was started because of a craving need that could not find a solution at night.
Seth Berkowitch was a student at the University of Pennsylvania. He had a sweet tooth but he could not get a solution at night because there were no companies that could deliver cookies to students at night.
Seth had to find a solution and he started to cook cookies in his dorm room and supply them to students at night.
He later received funding and launched the company which today delivers cookies until early morning hours.
It has branches in most states in the USA.
6. FedEx Express
For students who would like to do local delivery services, FedEx Express is a good inspiration.
The company was started by a student in 1971 and although he struggled in the initial years, the company managed to rise and have a global presence.
A student might not go global immediately after launching but they can start with small parcel deliveries within their local community.
There are big retailers and food companies that outsource for delivery services and students can try out their chances and deliver for some of them.
Read also:
Data room for investor due diligence and startup fundraising
Conclusion
There are many more businesses that were started by students such as Pith, College Hunks Hauling Junk, Google, and Facebook and some have grown to the global level.
If you want to start a business while a student, think about providing a solution to students, college neighbourhoods, the nation, or the world.
Most of these companies had very humble beginnings but today, they are regional, national, and international companies.