Summary:
H-1B visa is crucial for startups seeking global talent.
Startups like OpenAI rely on H-1B to recruit skilled workers.
Stripe leads with 265 H-1B filings in the 2024 fiscal year.
Databricks and Chime also rank high in H-1B sponsorship.
The ongoing demand for H-1B visas outstrips supply, creating fierce competition.
In an ever-evolving tech landscape, the H-1B visa remains a crucial gateway for startups seeking top global talent. Even as Silicon Valley giants cut jobs, the competition among startups for the best global talent is fierce. Startups like OpenAI and Anthropic rely on the H-1B visa program to bring in skilled foreign workers, particularly in areas like artificial intelligence.
How the H-1B Visa Works
For a startup to hire a foreign worker, it must sponsor their petition for an H-1B visa, allowing them to work in the US for up to six years. The job candidate then enters a lottery for one of 85,000 visas available annually. Despite challenges, such as demand outstripping supply and ongoing reform discussions, startups continue recruiting talent abroad to gain a competitive edge.
Top Startups Sponsoring H-1B Visas
Using data from the Department of Labor and US Citizenship and Immigration Services, we ranked the startup employers that filed the most H-1B requests during the 2024 fiscal year. Here are the startups leading the charge:
1. Stripe
- Headquarters: San Francisco and Dublin
- Total Funding: $8.73 billion
- Total H-1B Filings: 265
2. Databricks
- Headquarters: San Francisco
- Total Funding: Over $14 billion
- Total H-1B Filings: 283
3. Chime
- Headquarters: San Francisco
- Total Funding: $2.65 billion
- Total H-1B Filings: 101
4. OpenAI
- Headquarters: San Francisco
- Total Funding: $63.92 billion
- Total H-1B Filings: 74
5. Nuro
- Headquarters: Mountain View, California
- Total Funding: Over $2 billion
- Total H-1B Filings: 59
This list showcases the startups that are not only pushing boundaries in technology but are also committed to diversifying their workforce through the H-1B visa program.
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