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March 8, 2023
TECH

Forbes names Commonwealth Fusion America’s Best Start-Up Employer of 2023

Forbes magazine recently partnered with the market research firm Statista, creating a ranking of startup employers, which are defined as being U.S.-based, founded between 2013 and 2020, and currently having at least 50 employees. More than 2,600 startup companies were analyzed based on three criteria: company reputation, employee satisfaction, and growth.

Somernova Tenant, Commonwealth Fusion Systems, a 2018 startup with $2 billion in funding that is working to create commercial fusion energy on a global scale, repeated at No. 1.

Like many of the start-ups in this year’s class, Commonwealth led the pack, working towards the reduction of the carbon footprint, limiting climate change, and impacting our planet meaningfully.

To determine America’s Best Startup Employers 2023, Statista identified more than 2,600 U.S-based companies with at least 50 employees that were founded between 2013 and 2020. All companies considered were started from scratch and were not spun out of existing enterprises. Statista evaluated each organization based on three criteria: employer reputation, employee satisfaction and growth. To assess employer reputation, Statista searched articles, blogs and social media posts regarding each employer for specific phrases such as “corporate culture” and “employee engagement,” and used text analysis to assess those as positive, negative or neutral. Statista assessed employee satisfaction by evaluating online reviews. Growth was evaluated by examining the organizations’ website traffic and head counts over a two-year period. The final list ranked the top 500 employers.

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