US veterans have invested in the future of this country for centuries, and, in recent years, veterans are emerging as successful entrepreneurs who are building yet another foundation of this country. Since 9/11, an estimated 25% of veterans have started their own companies, often with the intent of higher more veterans who have left the military. Here are four of the top veteran-owned startups in the United States, as determined by annual revenues, growth, number of employees, and amount of raised capital.
Started in 2012, Plated is a veteran-owned startup in the home-delivery food market space. By leveraging technology and data, the company offers exceptional, locally-sourced, fresh ingredients for consumers to fix healthy, delicious, restaurant-quality meals in about 30 minutes. Owner Nick Taranto uses his military background to maintain the dedication, hard work, and vision that is required for his veteran-owned startup to succeed in a highly competitive market space.
Located in Watertown, Massachusetts, Rally Point was founded by three US Army veterans who wanted to give other veterans a resource for networking with other veterans. As a social networking hub, Rally Point has more than one million members, representing the need for this type of resource within the military community. Members can speak openly about any topics that are relevant to them, their service, and their lives after serving. Some of the most popular topics are family issues, looking for jobs outside the military, starting new careers in the civilian world, education, and life in the military, as well as more personal conversations about favorite brands and entertainment.
Black Rifle Coffee Company
After retiring from the US Army Special Forces and working as a contractor with the CIA, Evan Hafer started his small-batch coffee company in Salt Lake City, Utah. Since 2014, Black Rifle Coffee Company has produced incredible coffee that is roasted for each order. Over the years, he refined his techniques to create the best-tasting drip coffee and espresso that continues to thrill his customers.
A common theme with the top veteran-owned startups in the United States is to expand opportunities for other veterans after leaving military life. Hirepurpose was founded in 2014 to streamline the process of finding and hiring top talent from the pool of US veterans. Zachary Iscol operates the company from New York, and his platform helps connect veterans and companies through job marketing, hiring solutions, and search platforms.