Monday, 24 March 2025

Here are the 20 startups that sponsor the most H-1B visas for immigrants looking for work

Sam Altman against a black background.
OpenAI CEO Sam Altman.

Even as Silicon Valley giants cut jobs like a hot knife through butter, the competition among startups for the best global talent remains as fierce as ever. And with critical skills, particularly in artificial intelligence, still in short supply, startups like OpenAI and Anthropic rely on the H-1B visa program to bring in skillful foreign workers and secure their place in the race.

For a startup to hire a foreign worker, it sponsors their petition for an H-1B visa, which lets them work in the US for up to six years. The job candidate is entered into a lottery for one of 85,000 visas. Despite challenges, including a demand for visas that has outstripped supply and ongoing discussions about reforms, startups continue to recruit talent abroad through this Rube Goldberg system to gain a competitive edge.

Using data from the Department of Labor and US Citizenship and Immigration Services, we ranked the startup employers that filed the most H-1B requests during the 2024 government fiscal year. The data comes from applications submitted by businesses seeking to sponsor workers' visas.

Here are the startups leading the charge, ranked by their number of filings.

Ripple: provides crypto infrastructure for financial services
Brad Garlinghouse, CEO of Ripple, speaks on stage during day three of Collision 2022 at Enercare Centre in Toronto, Canada.
Ripple CEO Brad Garlinghouse.

Headquarters: San Francisco

Total funding: $325 million, according to PitchBook

Total certified H-1B filings: 26

Grammarly: writing assistant that edits and corrects language
Shishir_Mehrotra_Coda2
Grammarly CEO Shishir Mehrotra.

Headquarters: San Francisco

Total funding: $400 million, according to PitchBook

Total certified H-1B filings: 28

Plaid: collects and shares personal financial info with apps and other services
Plaid CEO Zach Perret.
Plaid CEO Zach Perret.

Headquarters: San Francisco

Total funding: $734 million, according to the company

Total certified H-1B filings: 28

Carta: helps businesses track ownership and manage equity plans
henry ward
Carta CEO Henry Ward.

Headquarters: San Francisco

Total funding: $1.19 billion, according to PitchBook

Total certified H-1B filings: 30

Thumbtack: allows users to search for and hire local service providers
Thumbtack cofounder and CEO Marco Zappacosta.
Thumbtack CEO Marco Zappacosta.

Headquarters: San Francisco

Total funding: More than $500 million, according to the company

Total certified H-1B filings: 31

X Corp.: social media platform
Elon Musk.
X Corp. owner Elon Musk.

Headquarters: San Francisco

Total funding: Elon Musk took X private at a purchase price of $44 billion in 2022.

Total certified H-1B filings: 32

Anthropic: develops foundation AI models aimed at business users
Anthropic CEO Dario Amodei
Anthropic CEO Dario Amodei.

Headquarters: San Francisco

Total funding: More than $17 billion, according to the company

Total certified H-1B filings: 35

Zipline: develops and operates drone delivery fleets
Zipline CEO Keller Rinaudo Cliffton.
Zipline CEO Keller Rinaudo Cliffton.

Headquarters: South San Francisco, California

Total funding: $1.23 billion, according to PitchBook

Total certified H-1B filings: 35

Turo: car rental marketplace
Turo CEO Andre Haddad stands for a portrait at the Turo headquarters in San Francisco, California, on Friday, February 23, 2018.
Turo CEO Andre Haddad.

Headquarters: San Francisco

Total funding: $527 million, according to the company

Total certified H-1B filings: 36

Scale AI: data labeling company helping apps and models scale
Scale AI cofounder and CEO Alexandr Wang poses for a photo on a rooftop with a cityscape behind him.
Scale AI CEO Alexandr Wang.

Headquarters: San Francisco

Total funding: $1.6 billion, according to PitchBook

Total certified H-1B filings: 42

Gusto: payroll and HR solution for small businesses
Gusto CEO Joshua Reeves.
Gusto CEO Joshua Reeves.

Headquarters: San Francisco

Total funding: $751 million, according to PitchBook

Total certified H-1B filings: 48

Verkada: cloud-managed security cameras
Verkada CEO Filip Kaliszan.
Verkada CEO Filip Kaliszan.

Headquarters: San Mateo, California

Total funding: $700 million, according to the company

Total certified H-1B filings: 52

Nuro: develops self-driving tech for robotaxis and delivery vehicles
Nuro CEO Jiajun Zhu poses for a photo against a purple background.
Nuro CEO Jiajun Zhu.

Headquarters: Mountain View, California

Total funding: More than $2 billion, according to the company

Total certified H-1B filings: 59

Cohesity: develops software for securing and managing cloud data
Cohesity CEO Sanjay Poonen.
Cohesity CEO Sanjay Poonen.

Headquarters: San Jose, California

Total funding: $1.8 billion, according to the company

Total certified H-1B filings: 61

OpenAI: develops cutting-edge AI models and apps like ChatGPT
OpenAI CEO Sam Altman
OpenAI CEO Sam Altman.

Headquarters: San Francisco

Total funding: $63.92 billion, according to PitchBook

Total certified H-1B filings: 74

Chime: provides fee-free mobile banking services
Chime founder and CEO Chris Britt speaks onstage during TechCrunch Disrupt San Francisco 2019 in San Francisco, California.
Chime CEO Chris Britt.

Headquarters: San Francisco

Total funding: $2.65 billion, according to PitchBook

Total certified H-1B filings: 101

Stripe: provides financial infrastructure for businesses
Stripe CEO Patrick Collison.
Stripe CEO Patrick Collison.

Headquarters: San Francisco and Dublin

Total funding: $8.73 billion, according to PitchBook

Total certified H-1B filings: 265

Databricks: cloud-based platform to help enterprises build, scale, and govern data
Ali Ghodsi headshot
Databricks CEO Ali Ghodsi.

Headquarters: San Francisco

Total funding: More than $14 billion, according to the company

Total certified H-1B filings: 283

ByteDance: Chinese internet technology company

Headquarters: Beijing

Total funding: $18.95 billion, according to PitchBook

Total certified H-1B filings: 997

TikTok: video-based social media platform
TikTok CEO Shou Zi Chew departs after Congress Testimony
TikTok CEO Shou Zi Chew.

Headquarters: Los Angeles and Singapore

Total funding: TikTok is a subsidiary of ByteDance, which has raised $18.95 billion in venture capital, according to PitchBook.

Total certified H-1B filings: 614

Read the original article on Business Insider


from Business Insider https://ift.tt/h95j6bI

No comments:

Post a Comment

History suggests Ukraine needs heavily armed peacekeepers to have a chance of success

Any peacekeeping force in Ukraine would be caught between two nations so armed to the teeth that nearly all forward positions are fortified...