4 NYC Tech Companies to Keep a Close Eye on 2021

In order to gain some insight into a few of the companies that are contributing to the thriving NYC tech scene, we rounded up four local companies. We asked leaders from Peloton, Tango340B, Mantl and Mulberry Technology to share what their 2021 goals are. Here’s what they said.

Written by Taylor Karg
Published on Jan. 21, 2021
4 NYC Tech Companies to Keep a Close Eye on 2021
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The New York City tech scene is thriving. 

Over the last ten years, the city has seen an 18 percent growth rate in tech sector jobs, bringing the total to over 291,000, according to New York state’s official government website. Furthermore, the influx in jobs has resulted in over $124.7 billion in economic output. 

In order to gain some insight into a few of the companies that are contributing to the flourishing NYC tech scene, we rounded up four local companies (some of which are actively hiring) to share what’s in store for 2021.

 

Viresh Rustagi
SVP, Product Software Engineering • Peloton

Because 2020 brought about a heightened interest in at-home workouts, in 2021, Peloton, an exercise equipment and media company, is focusing on creating more innovative ways for members to workout and connect with one another, SVP of Product Software Engineering Viresh Rustagi said.

 

What is one of the most important focuses for Peloton in 2021?

This year will be another year of innovation for Peloton. We’re focused on continuously adding value to the Peloton membership in three main areas: tech, content and accessibility. Social interactions within the Peloton community on our platform is a key component of our experience and we’ll keep adding new features that make it easier for our growing member-base to connect with one another. 

On the content front, we plan to add new fitness disciplines and workout modalities so our members always have something fresh to try. Lastly, we want to bring the Peloton experience to as many people as possible, so we’re always looking for new ways, including expanding our product portfolio, to grow the Peloton community.
 

We will elevate the bar for studio-style workouts and the connected fitness industry.”

 

What impact will this have on Peloton and your industry?

Like many others, the fitness industry has seen a complete overhaul in the last year. While we know the pandemic accelerated people’s need to find new ways to workout, we’ve always believed that more and more people would begin realizing they could get a solid sweat in without ever leaving home. Now that more people have embraced these new workout routines, we’re focused on keeping them engaged. Our teams come to work every day with the goal of getting our members to workout more and stay motivated. By doing this, we will elevate the bar for studio-style workouts and the connected fitness industry that we pioneered back in 2012.

 

tango340b companies nyc
tango340b
Monte Ruder
Head of Growth • tangoRx Solutions

As part of its 2021 growth strategy, Tango340B’s Head of Growth Monte Ruder said that the hospital technology solutions company is focused on building out its portfolio to include more holistic products and services.

 

What is one of the most important focuses for Tango340B in 2021?

This year will be a year of growth and expansion at Tango340B. Our primary focus will be on building out a portfolio of products and services that offer a holistic array of pharmacy solutions, designed to fulfill our vision towards building healthier communities through partnerships.
 

Our ambitious growth strategy will allow us to deliver on our mission of democratizing healthcare and ending disparity in care.”


What impact will this have on Tango340B and your industry? 

This ambitious growth strategy is part of a strategic plan that will allow Tango340B to deliver on our organizational mission of serving communities by democratizing healthcare and ending the disparity in care. Successful delivery on our promise to improve health equity and expand care access will require us to aggressively grow our team of passionate and talented people.

 

mantl nyc companies
mantl
Nathaniel Harley
CEO • MANTL

This year, Mantl is working on launching a technology that will automate bank processes and bring more transparency for both its customers and the bank staff involved, CEO Nathaniel Harley said. 

 

What is one of the most important focuses for Mantl in 2021?

We have been reimagining the bank account opening process for businesses. Banks are mandated to perform a higher degree of due diligence when evaluating businesses as potential customers and this can make the process time-consuming and unpleasant for the business owner. We have been tackling really interesting problems around how technology can automate the process and add more transparency for both the customer and the bank staff involved. We can’t wait to get this out in the market and continue optimizing the digital banking experience for businesses of all sizes.
 

Anything we can do to help entrepreneurs manage their cash flows will have positive effects on their workforce, business and broader communities.”


What impact will this have on Mantl and your industry? 

Fintech has largely focused on the consumer banking experience while businesses have remained underserved. Luckily, that’s starting to change. Small businesses are the backbone of the American economy and we believe that anything we can do to save entrepreneurs’ time and help them better manage their cash flows will have positive effects on their workforce, business and broader communities.

 

Bryan Shao
Head of Product • Mulberry Technology

With more and more people shopping online, Mulberry Technology, which helps e-commerce brands offer extended warranties, is focusing its efforts in 2021 on creating new and innovative ways for customers and brands to build trust with one another, Head of Product Bryan Shao said.

 

What is one of the most important focuses for Mulberry Technology in 2021?

Last year was an extraordinary year for everyone and our main focus is to continue helping our customers in any way we can. With the continued growth of e-commerce, we’re always looking at innovative new features that will give shoppers the protection they need while staying safe.

One of the things we’re most excited about is helping retailers connect better with their customers, regardless of whether or not those customers own a Mulberry extended warranty. This incremental, high-quality interaction will build trust in the long term between brands and their community of customers.
 

One of the things we’re most excited about is helping retailers connect better with their customers.”


What impact will this have on Mulberry Technology and your industry? 

We see extended protection as a single tool in the world of empowering the conscious consumer. At its simplest, extended protection supports our customers to invest in high-quality products. The next iteration expands extended protection beyond “does this warranty cover my problem” and creates a better partnership between the producer and the consumer.

Responses have been edited for length and clarity. Photography was provided by featured companies, unless otherwise specified. Header image via Shutterstock.

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Fintech • Machine Learning • Financial Services