Boston is the 8th biggest metro area by tech employment in the US. As a leading biotech and academic hub, the city attracts worldwide businesses and top-tier experts. If you want to work for or are just curious about the best tech companies in Boston, this article is for you.

Below, we will take a look at Boston tech startups and the largest enterprises headquartered in the city. We will explore their products and services, innovations, and technologies. Furthermore, you will find the latest statistics on the Boston tech market with sector trends and growth areas. So, let’s get started!

 

Quick Statistics: Boston Tech Market

  • Boston is home to 11,983 tech companies that generated $75.2 billion in revenue in goods and services.
  • As of 2023, tech companies in Boston employed 268,934 people, 9.4% of the city's total workforce.
  • Forecasts say that Boston tech companies will create another 5,089 jobs by the end of 2024.
  • Software, programmers, web, and QA are the most popular tech occupations in Boston, accounting for 53.21% of the city's total tech jobs.
  • The estimated median tech wage in Boston is $121,115, 15.84% more than the national average.

Top Tech Companies and Startups in the Boston Metro Area

1

HubSpot

Software development

5,001 - 10,000 Employees

Headquarters

Cambridge, MA, United States

HubSpot is a leading US developer of software products for marketing, sales, and customer services. It was founded in 2006 in Cambridge, a suburb in the Boston metro area. The company now has over 7,600 employees in 12 global offices. One of its most popular products is the CRM platform, used by over 216,000 customers.

This AI-powered customer software combines all to-go features for lead generation, deal management, content, operations, and commerce. HubSpot offers 1,500+ integrations to popular tools like Slack, Shopify, Zapier, and Google Suite. Notably, the software ranks 1st in 318 product rankings.

HubSpot also has its academy with courses and certifications used by over 459,000 professionals. Now, the company is actively hiring software engineers, tech leads, and marketing managers.

Headquarters

Cambridge, MA, United States

2

Akamai Technologies

Software development

5,001 - 10,000 Employees

Headquarters

Cambridge, MA, United States

Akamai Technologies is one of the biggest tech companies in Boston in the cloud computing, security, and content delivery industries. It employs 10,600 specialists worldwide and generates $3.8 billion in annual revenue. Akamai Connected Cloud spans over 750 cities today.

The company provides app, API, zero-trust, and infrastructure security, as well as fraud protection. It also offers cloud computing solutions for the media, gaming, and SaaS industries. Akamai helps develop, deploy, and scale cloud infrastructure and protects data, workforce, systems, and digital experiences. The company offers managed security services and ranks highly in Gartner® Voice of the Customer for Cloud Web Application and API Protection.

Akamai’s Emerging Talent programs for students and graduates are recognized among the Top 100 Internship Programs. The company offers remote and office positions in engineering, product management, and system administration.

Headquarters

Cambridge, MA, United States

3

Toast Inc

Software development

1,001 - 5,000 Employees

Headquarters

Boston, MA, United States

Toast is one of the top tech companies in Boston that offers software-as-a-service (SaaS) products and financial solutions. The company operates in the US, UK, Canada, India, Ireland, and Taiwan. Toast helps 120,000 restaurants handle payroll, online ordering, POS, and much more. Their products include restaurant operations, marketing, digital storefront, team management, and supplier & accounting suites.

Toast also produces restaurant-grade hardware, such as handheld POS, self-ordering kiosks, and kitchen display systems. According to Glassdoor, it was named one of the Best Places to Work in 2023 and 2024. Toast provides career opportunities for local talents in administration, engineering, product, design, sales, and marketing.

Headquarters

Boston, MA, United States

4

Klaviyo

Marketing and IT services

1,001 - 5,000 Employees

Headquarters

Boston, MA, United States

Founded in 2012, Klaviyo is now one of the leading Boston tech companies in marketing automation solutions. Its unified data and marketing platform supports over 146,000 brands in 80 countries. Klaviyo provides a seamless experience for email, SMS, mobile push, and reviews.

The platform features built-in AI, automation, predictive analytics, and benchmarks. It offers real-time segmentation with omnichannel campaigns and integrates with 350+ tools, including Google Ads, Meta, Shopify, and Salesforce.

Klaviyo also provides professional services and support packages with dedicated training sessions, deliverability monitoring, marketing audits, and live chat support for enterprises. The company hires Boston specialists in information security, IT operations, finance, sales, and engineering.

Headquarters

Boston, MA, United States

5

Circle

Financial technology

501 - 1,000 Employees

Headquarters

Boston, MA, United States

Circle is a Boston-based peer-to-peer payment technology company that manages the USDC stablecoin. It utilizes digital currencies and public blockchains for payments, commerce, and financial apps. In addition to USDC, Circle handles EURC, Mint, and Cross-Chain Transfer Protocol (CCTP) stablecoin products, as well as programmable wallets and the Smart Contract Platform Web3 services.

The company focuses on cross-border payments, global dollar access, and crypto capital markets. Circle provides a developer hub for its stablecoins and development tools. The Circle Alliance Program combines worldwide leading brands like SAP, Visa, Mastercard, and Worldpay. The firm offers career opportunities for Boston experts in business, compliance, data, engineering, finance, legal, and marketing.

Headquarters

Boston, MA, United States

6

SharkNinja

Appliances, electrical, and electronics manufacturing

1,001 - 5,000 Employees

Headquarters

Needham, MA, United States

SharkNinja is a product design and technology company in the Boston Metro West area that creates lifestyle solutions. The company employs 2,800 people, including over 800 cross-functional engineers and designers, and generates $4.3 billion in net sales. Since its founding in 1994, SharkNinja has secured 4,500 patents and operates with 150 retailers in 32 markets.

The company produces tech for cleaning, cooking, food preparation, home environment, and beauty. As one of the largest tech companies in the Boston metro area, SharkNinja offers local jobs for engineers, supply chain managers, and data analysts.

Headquarters

Needham, MA, United States

7

Kyruus Health

Hospitals and healthcare tech

201 - 500 Employees

Headquarters

Boston, MA, United States

Kyruus Health is one of the healthcare tech startups in Boston. It operates the industry’s largest care access platform, connecting 425,000+ providers. The platform has facilitated 600 million care searches and scheduled 3.5 million appointments. For medical groups, Kyruus offers directories, patient self-scheduling, and arrival & check-in solutions. For health systems, the platform provides data management, care search experiences, and patient scheduling.

Kyruus helps track detailed engagement and behavioral insights. Its suite of APIs streamlines the production of apps and services. The company provides remote US jobs in app development, data & cloud infrastructure, marketing, and tech management.

Headquarters

Boston, MA, United States

8

Dynatrace

Software development

1,001 - 5,000 Employees

Headquarters

Waltham, MA, United States

Dynatrace is a global technology company that provides an AI-powered analytics and automation platform. The solution offers deep observability, AIOps, and application security. Today, leading companies like SAP, Air Canada, and Porsche Informatik use its products. The platform combines 7 core modules, including business and security analytics, digital experience, and automation.

Dynatrace also provides monitoring technologies, including support for AWS, Azure, Google Cloud, and ServiceNow. It offers solutions for financial services, retail and e-commerce, public sector, and education industries. The team spans 50 offices, with headquarters in Waltham, Massachusetts.

Headquarters

Waltham, MA, United States

9

Acquia

Software development

1,001 - 5,000 Employees

Headquarters

Boston, MA, United States

Acquia is one of the open-source digital experience IT companies in Boston. 4,000 organizations use their products for content, community, and commerce. Among them are some well-known brands like Warner Music Group, Stanford University, and Bayer. Headquartered in Boston, Acquia has offices in the UK, Australia, France, and Japan and operates in 30 countries.

Their Digital Experience Platform (DXP) is a technology stack for governed content and assets, intelligent customer data, and predictive marketing. The solution provides no- and low-code UI to build web, email, and SMS experiences. It helps organize content, marketing, website, and developer operations. Users can access out-of-the-box and custom ML models and dynamic audience segmentation.

Notably, Acquia is a Leader in the 2024 Gartner® Magic Quadrant™ for DXP. Additionally, the company works with Drupal hosting, AI experiences, customer data management, and commerce. Acquia provides solutions for 14 industries, including high-tech, education, travel, and non-profits.

Headquarters

Boston, MA, United States

10

Rapid7

Computer and network security

1,001 - 5,000 Employees

Headquarters

Boston, MA, United States

Rapid7 stands out as a leading cybersecurity provider among big tech companies in Boston. It now helps over 11,000 global firms counteract fraud and attacks. Prominent customers include Domino’s, Autodesk, and Discovery. The company provides 24/7 extended detection and response monitoring & remediation.

Rapid7 secures multi-cloud and manages risks across hybrid environments. It supercharges SecOps in partnership with AWS to secure AI/ML application development. Rapid7 Labs combines 5,500+ threat-informed purple teaming exercises and 10,000+ open-source researchers.

The company also offers a range of managed services for incident response, app security, and testing. In Boston, Rapid7 hires customer advisors, sales development specialists, and security engineers.

Headquarters

Boston, MA, United States

11

DataRobot

Data science & machine learning

501 - 1,000 Employees

Headquarters

Boston, MA, United States

DataRobot is a Boston tech company that provides a unified platform for generative and predictive AI. The organization has offices in the US, EMEA, and APAC. Their platform helps deploy AI to cloud environments, on-premise, or edge devices. It also supports LLMs, vector databases, and prompting strategies and integrates with Slack, Salesforce, and BI tools.

DataRobot offers solutions for healthcare, manufacturing, retail, and financial services industries. The company works with prominent brands like Airbnb, United Airlines, and Panasonic. The DataRobot University program supports data science and machine learning courses in over 50 global universities. Notably, DataRobot is a Leader in the 2024 Gartner® Magic Quadrant™ for Data Science and Machine Learning Platforms.

Headquarters

Boston, MA, United States

12

GoTo Technologies

Software development

1,001 - 5,000 Employees

Headquarters

Boston, MA, United States

GoTo, formerly LogMeIn, is a Boston IT company that provides SaaS and cloud solutions for remote work. It employs 3,500 people, generates over $1.3 billion in annual revenue, and serves millions of users. The GoTo Connect platform offers a business phone system package with 100+ features, customer engagement tools, AI-driven solutions, and an omnichannel contact center.

GoTo provides remote access, monitoring, management, and file sharing on any Mac, PC, or mobile device. Their collaboration software supports video conferencing, webinars, and virtual training. GoTo also enables remote access to any computer, screen sharing, and tracking. They serve IT managers and healthcare, legal, education, automotive, and professional services industries.

Headquarters

Boston, MA, United States

13

LogRocket

Software development

501 - 1,000 Employees

Headquarters

Boston, MA, United States

LogRocket is one of the AI-first tech companies based in Boston that develops session replay and analytics solutions. The company helps businesses build conversion funnels, path trends, and understand user behavior. LogRocket Galileo uses a set of training data and AI-powered analysis of session replays to surface the most impactful user issues. It integrates with Slack, email, and Microsoft Teams workflows to summarize patterns and friction points.

Their product suite is divided into developer and product, design & marketing features. Developers can replay DOM playback, access console and network logs, and track frontend performance. Professionals benefit from mobile data capturing on Android, iOS, React Native, and Ionic. LogRocket’s platform can be deployed as SaaS or self-hosted.

The company now has 2,400 customers and has captured 3.5 billion sessions. LogRocket employs 110 people and offers open positions in customer success, engineering, marketing, product, and sales.

Headquarters

Boston, MA, United States

14

Bullhorn

Software development

1,001 - 5,000 Employees

Headquarters

Boston, MA, United States

Bullhorn is a leading tech company headquartered in Boston dedicated to the staffing industry. The firm built cloud-based software for recruitment agencies to source, search, interview, place, onboard, bill, and pay — all in one system. For the past 25 years, Bullhorn has established partnerships with 10,000 customers globally. The company now employs 1,400 people across 14 countries.

The Bullhorn Marketplace combines over 100 pre-integrated staffing-specific solutions. The company product suite includes ad hoc reporting, applicant tracking, invoicing, messaging, and executive search. Bullhorn serves staffing providers in professional, healthcare, clerical & light industrial, and nonprofit industries. They have created Bullhorn Copilot, a suite of AI recruiter capabilities. The solution offers summaries of candidate resumes, custom prompts for email, and screening question generation.

Headquarters

Boston, MA, United States

15

Ellevation Education

Education administration programs

51 - 200 Employees

Headquarters

Boston, MA, United States

Ellevation Education is an EdTech software company that provides a platform for ELL educators and English learners. Headquartered in Boston, the company serves 1,700+ school districts and 2.5 million students across the US. Ellevation’s platform offers instructional planning tools, customizable data dashboards, quick reports, and visualizations.

The platform integrates with top student information systems like PowerSchool, Aeries, and Infinite Campus. Ellevation Education has job openings for Boston talent in partner support, product & engineering, and sales.

Headquarters

Boston, MA, United States

16

Sophia Genetics

Biotechnology research

201 - 500 Employees

Headquarters

Boston, MA, United States

Since Boston is famous as a biotech hub, we have to mention one more company — Sophia Genetics. The firm is a creator of SOPHiA DDM, a cloud-based platform for data-driven medicine analytics. As one of the top startups in Boston in the biotech industry, it serves over 770 institutions in 70 countries.

Sophia Genetics applies its technology to support discoveries, treatment decisions, and drug development efforts. The team integrates multimodal healthcare-omics data with AI-assisted and machine-learning models. Their platform has a proven record of 1.7 million analyzed genomic profiles. It works with oncology, rare diseases like neurological disorders, and the biopharma industry.

As a professional service, the team can integrate the platform with Electronic Health Records (EHR) and Laboratory Information Management Systems (LIMS). Sophia Genetics partners with Microsoft, Agilent, Hitachi, and Qiagen.

Headquarters

Boston, MA, United States

State of Boston-Based Tech Companies in 2024

The Boston area is home to a mix of established tech giants and innovative startups. The city hosts worldwide leaders in healthcare, IT, robotics, AI, cybersecurity, and fintech. Moreover, Boston is particularly renowned for its biotech and life sciences sector. The Kendall Square area in Cambridge is often referred to as the “most innovative square mile on the planet” due to its high density of biotech firms.

The city also has a vibrant startup ecosystem supported by many incubators and venture capital firms. For example, organizations like MassChallenge, Techstars Boston, and the Cambridge Innovation Center have helped over 20,000 new companies turn their ideas into reality.

Boston’s rapid growth as a tech hub is also backed by the presence of prestigious universities and research institutions. Harvard University, MIT, and Boston University produce a steady stream of skilled graduates. These institutions drive cutting-edge research and innovation in technology, healthcare, and engineering.

In this section, we’ll take a look at the city’s tech market statistics in more detail. Below, you’ll find a number of tech companies in Boston, their employment, sectors, salaries, and much more.

 

Boston Tech Companies and Economic Impact

According to the annual CompTIA report, Boston saw an increase in the number of tech business establishments in 2023, growing from 11,041 firms with payroll in 2022 to 11,983. These statistics mark the addition of 942 new tech companies in Boston.

The value of tech goods and services remained stable, with an estimated direct impact of $75.2 billion in 2022 and 2023. Now, the tech sector forms 14.4% of the city’s overall economic impact.

IT & custom software services companies make up 41.75% of tech jobs in Boston, even despite the reduction of 5,083 positions since 2022. In contrast, the software product sector created the most workplaces, adding 2,227 jobs.

tech companies in boston by sector

Here is a detailed table comparing the number of jobs by tech sector:

Sector
Jobs in 2022
% of total (2022)
Jobs in 2023
% of total (2023)

IT & custom software services

87,733

43.46%

82,650

41.75%

PC, semiconductor, components manufacturing

47,606

23.57%

47,606

24.05%

Software product

36,265

17.98%

38,492

19.45%

Telecom, cloud infrastructure, data processing, hosting

30,230

14.98%

29,206

14.75%

 

Employment Trends and Diversity

In 2023, tech companies in Boston employed over 268,934 people, a decrease from 272,572 in 2022. In total, the local industry lost 3,638 employees.

However, there is a projected growth of 5,089 jobs in 2024, indicating a positive outlook for the future. Currently, tech employment makes up 9.4% of the overall Boston workforce.

Here are the annual changes in the number of employees in Boston tech companies:

Year
Net tech employment
Annual growth
Change (%)

2018

262,166

-

-

2019

269,471

+7,305

↑ 2.79%

2020

266,245

-3,226

↓ 1.2%

2021

266,780

+535

↑ 0.2%

2022

272,572

+5,792

↑ 2.17%

2023

268,934

-3,638

↓ 1.34%

2024 proj.

274,023

+5,089

↑ 1.89%

2023 saw not only job cuts but also slower recruitment. While in 2022, employers placed over 117,374 job postings, in 2023, there were only 83,921, a 28.5% decrease. Despite this reduction in hiring activity, forecasts say certain positions will see notable growth by the end of 2024.

For example, roles in database management, data science, and analytics will rise the most, with an expected increase of 4.1%.

high-demand jobs in tech companies in boston

Meanwhile, software, programming, web development, and QA continue to dominate as the largest occupation group.

Tech occupations
# of workers, 2023
# of workers, 2024 proj.
Change (%)

Software, programmers, web, and QA

69,092

71,383

↑ 3.3%

IT support specialists and repair technicians

17,088

17,344

↑ 1.5%

Network, cloud engineers, architects, admin

13,346

13,559

↑ 1.6%

Cybersecurity and systems engineers

13,207

13,550

↑ 2.6%

Emerging tech, IT project mgt., and other

9,333

9,538

↑ 2.2%

Database, data science, analytics, and CS

7,776

8,094

↑ 4.1%

The demographics of Boston’s tech workforce show that despite some diversity, it still faces challenges. Employees are predominantly White, accounting for 63.5% of the total, with Asians making up 23.1%. However, Latino and African American workers are underrepresented, making up only 4.3% and 3.6%, respectively. Other minority groups make up less than 2% of the workforce.

diversity in tech companies in boston

The following table breaks down the demographic composition in Boston’s tech industry:

Demographic category
# of workers
% of total

White

98,673

63.5%

Asian

35,951

23.1%

Hispanic or Latino

6,637

4.3%

Black or African American

5,596

3.6%

Two or more races

2,495

1.6%

Other

224

0.2%

In addition, women account for only 26% of the tech workforce. So, gender representation also shows room for improvement. On the other hand, younger professionals, including Millennials and Gen Z, make up 62%. Overall, while there is some diversity, the tech industry in Boston has clear areas for workplace equity investments.

 

Average Wages and Salary Trends

salaries in tech companies in boston

In 2022, the median tech salary in Boston was $120,998. By 2023, this figure rose to $121,115, a modest growth of $117 or approximately 0.1%. This increase, though small, indicates that tech salaries in Boston are stable, with a slight upward trend.

Percentile
Wage, 2022
Wage, 2023

10th

$65,533

$65,758

25th

$88,443

$88,603

50th (median)

$120,998

$121,115

75th

$160,754

$160,854

90th

$191,386

$191,443

As of August 2024, the highest-paying tech jobs in Boston are in data science, IT project management, and software development. These roles offer median salaries well above $150k, with data scientists leading the pack at $167k.

Salaries for entry-level positions in high-demand cybersecurity and DevOps also start strong, exceeding $110k per year. For experienced professionals in these fields, compensation can reach $180k annually.

Median total pay

Data Scientist

$167,284

IT Project Manager

$156,898

Software Developer

$155,599

DevOps Engineer

$147,522

Cybersecurity Analyst

$146,986

Mobile Developer

$134,983

Network Engineer

$121,624

Data Analyst

$111,069

QA Engineer

$107,045

Web Developer

$103,198

IT Support Specialist

$71,038

While the median tech salaries provide a general overview, some firms can offer higher compensation. For example, the highest-paying tech companies in Boston for data scientists are X, Apple, and Verily, with a median exceeding $230k.

For network engineers, Arista Networks and Akamai offer an average total pay of around $163k. Airbnb, Dropbox, and NVIDIA are among the best companies to work for in Boston for software developers, with a median salary of $234k.

Summing Up

That wraps up our look at the top tech companies in Boston. The city is now home to 11,983 tech businesses, employing nearly 269,000 professionals. Global leaders like Akamai, HubSpot, and Toast are at the forefront of innovation, driving Boston’s reputation as a tech hub.

The demand for talent in software development, data science, and cybersecurity remains strong. With its top universities and skilled workforce, Boston continues to be a magnet for tech establishments. If you’re interested in learning more about tech companies in Boston or want to hire local IT talent, feel free to get in touch with us.

Frequently Asked Questions

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How many tech startups are in Boston?

Boston is home to over two thousand tech startups. It ranks as the 4th best city for startup businesses in the US, following San Francisco Bay, New York, and Los Angeles.

Does Boston have a lot of tech companies?

As of 2023, Boston is home to 11,983 tech establishments. Some Fortune 500 companies, such as IBM and General Electric, also have offices in the city.

What industry is Boston a hub for?

Boston is a hub for the biotechnology and life sciences industries. The city is also known for its concentration of top-tier universities and research institutions.

How many biotech companies are in Boston?

Boston is home to over 1,000 biotechnology companies, making it one of the world’s leading biotech hubs.

Anna Ivashyna,
Project Manager @ DOIT Software
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