noun
- companies that have moved beyond the startup phase and are experiencing rapid growth in revenue, employees, or market reach
Usage: business terminology; plural form
Examples
- Many scaleups struggle to maintain their company culture during rapid expansion.
- The venture capital firm specializes in investing in promising scaleups.
- These scaleups have doubled their workforce in just two years.
- The conference focused on challenges facing European scaleups.
- Government programs aim to support local scaleups with funding and mentorship.
- Several scaleups in the tech sector are preparing for public offerings.