As the largest city in California and the second-largest city in the United States, Los Angeles is a hub for business and innovation. In 2024, several Los Angeles businesses are making waves and gaining recognition for their contributions to various industries. From tech startups to established corporations, these companies are shaping the future of business in the city. Here are the top 10 Los Angeles businesses making waves in 2024.
1. SpaceX – Founded by Elon Musk, SpaceX has been at the forefront of space exploration and innovation. In 2021, the company has continued to launch missions to space, develop reusable rockets, and work on its ambitious Starship project, aiming to make space travel more accessible and affordable.
2. Snap Inc. – The parent company of Snapchat, Snap Inc. has been a pioneer in social media and augmented reality. In 2024, the company has continued to innovate with new features and partnerships, solidifying its position as a leader in digital communication and entertainment.
3. Figs – Figs is a healthcare apparel company that has been making waves in the medical industry. The company’s stylish and functional scrubs have gained a loyal following among healthcare professionals, and in 2024, Figs has expanded its product line and gained recognition for its philanthropic efforts.
4. Bird – Bird is a micro-mobility company that provides electric scooters and bikes for short-distance travel. In 2024, the company has expanded its reach and improved its sustainability efforts, earning recognition for its commitment to environmentally-friendly transportation solutions.
5. Honey – A tech company that develops a browser extension that automatically finds and applies coupon codes at checkout, Honey has gained popularity among online shoppers. In 2021, the company was acquired by PayPal, further solidifying its position as a leader in the e-commerce industry.
6. Riot Games – Known for its popular video game League of Legends, Riot Games has been a major player in the gaming industry. In 2021, the company has continued to expand its portfolio of games and has made significant strides in the world of e-sports.
7. MeUndies – MeUndies is a direct-to-consumer underwear and loungewear brand that has gained a loyal following for its comfortable and stylish products. In 2021, the company has continued to grow its customer base and expand its product offerings, leading the way in the direct-to-consumer retail space.
8. FabFitFun – FabFitFun is a subscription box company that delivers a curated selection of beauty, fashion, and wellness products to its customers. In 2021, the company has continued to innovate its business model and maintain a strong presence in the competitive subscription box industry.
9. Headspace – A mindfulness and meditation app, Headspace has gained popularity for its guided meditation sessions and mental wellness resources. In 2021, the company has continued to expand its offerings and has gained recognition for its focus on mental health and well-being.
10. Beyond Meat – Beyond Meat is a plant-based meat substitute company that has been a leader in the alternative protein industry. In 2021, the company has expanded its product line, entered into new partnerships, and gained recognition for its efforts to promote sustainable and ethical food choices.
These 10 Los Angeles businesses are making a significant impact on their respective industries in 2021. From space exploration to e-commerce and sustainable transportation, these companies are shaping the future of business and innovation in Los Angeles and beyond. As they continue to grow and expand, these businesses will undoubtedly continue to make waves and inspire others to push the boundaries of what is possible.