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The Bizarre Naming Trends That Modern Startups Follow

Startups put great effort into finding the perfect name. Ideally, it should be short, memorable, descriptive, and easy to pronounce.

Names that meet all the criteria are commonly taken, however, so most founders find a compromise. They settle on a creative misspelling, add a word, or just string together sounds they like. In the end, the hope is that a well-named startup will have an easier time attracting customers and capital.

Observing companies founded and funded in the past couple years, it鈥檚 apparent that startups are often thinking along the same lines when it comes to choosing a name. They鈥檙e making reference to hot technologies like AI, opting for two- or three-word names, or simply making up words.

鈥淲e鈥檙e surprised at how many names we can make up that sound like they should be in the dictionary, even if they鈥檙e not,鈥 says Athol Foden, founder of Brighter Naming, a corporate naming consultancy. He鈥檚 also impressed by how many really good names come out of creative combinations of common nouns and verbs.

At 附近上门 News, we crunched through names of more than 1,000 startups founded in the past two years to look for trends. We narrowed the query to startups that have raised $200,000 or more in an effort to focus on names of companies that secured investment.

Here is a rundown on some of the recent trends:

AI

Venture capitalists love artificial intelligence companies lately, and AI is a concise, universally recognized abbreviation. So it鈥檚 not surprising to see funded startups cropping up with 鈥淎I鈥 in their names. We counted at least founded in the past two years that have AI in their names.

By far the biggest funding recipient with an AI name is , a startup in the ultra-hot autonomous vehicle space that secured a from Ford in February. Other sizeable rounds went to , a provider of AI-powered medical imaging tools for radiologists, and , which incorporates AI into customer experience software.

Robotics

You might think it would be natural for a robotics company to call itself one. Looking at companies in the space that raised funding recently, that鈥檚 clearly the trend. 附近上门 records show founded and funded in the past two years with 鈥渞obotics鈥 or 鈥渞obot鈥 in their names.

But in previous investment cycles, when the industry was less in vogue with venture capitalists, many companies chose names that didn鈥檛 reveal their robotics focus. One of the most prominent was , a developer of robot technology for warehouses that Amazon bought for $775 million five years ago. Others include and . Of course, there are also some older companies, such as Roomba-maker iRobot, that chose names reflecting their robotics roots.

First Names

Giving companies a human first name isn鈥檛 a new thing in startup circles. Perhaps the best-known startup in this category is , a four-year-old health insurance company that has raised over $700 million. , an online learning provider that sold to LinkedIn two years ago for $1.5 billion, also follows the first name trend. Perhaps Oscar, Lynda, and, more recently, Viv, served as an inspiration to others.

In the past two years, we鈥檝e seen , , , , , Riley, and Yoshi crop up, . Extra points go to Aiden, an AI-powered tool for marketers, for scoring a brand that includes both an AI reference and a popular first name.

Food Names For Tech Companies

Apple did pretty well with this strategy. Now others are hoping it鈥檒l work for them. We鈥檙e seeing a number of tech startups turning to the grocery shelves for naming ideas in the past couple years. From the dairy aisle, we have Butter.ai, a digital personal assistant, and Cheddar, an online financial news network that 聽closed a $19 million round this week. Representing the produce section, there鈥檚 Plum, an online saving tool. And from the bakery, we have Bagel Labs, developer of a smart tape measure, and Donut Media, a startup targeting auto enthusiasts.

Misspellings

Is your dream startup name taken? No worries. Just delete the 鈥渋鈥 and replace it with a 鈥測,鈥 change that 鈥渃鈥 to a 鈥渒,鈥 or try a different vowel. Those are some popular techniques in creative misspelling that startups are using to secure names that sound like common words. Names featuring a 鈥測鈥 in place of 鈥淚鈥 include Mylestone and Shyft Technologies. For the 鈥渃鈥 and 鈥渒鈥 switcheroo, there鈥檚 Kustomer and Kard. For other catchy typo names, .

In Konclusion

As Foden told 附近上门 News, founders鈥 creativity has allowed for a much wider array of catchy startup names than even naming professionals would have thought possible. He鈥檇 predicted a few years ago that startups would turn to obscure foreign languages for names; instead. they are still mostly using their native tongues.

Startups have also managed to stretch out the name supply by going with two words, Usually, the first name is the brand and the second indicates sector.

But according to Foden, the two-word naming trend is likely temporary for founders with big ambitions. Once a company passes the $100 billion valuation mark, it鈥檚 common to drop the second word. No one calls Cisco Systems anything but Cisco anymore. And as for Apple, most young people probably don鈥檛 even remember that it used to be Apple Computer.

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