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What it is: A keyless device and smartphone app that lets you lock and unlock your door from anywhere.
Why it's important: If you've ever left your house only to suddenly get the fear you left your door unlocked, Lockitron lets you check to see its status. And if you see that it is unlocked, all you have to do is tap the lock button on the app and you're all set.
Founders: Cameron Robertson and Paul Gerhardt
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What is: An inexpensive, on-demand ridesharing service.
Why it's important: Lyft offers a way for car owners to make extra cash during their free time and it's more affordable for passengers than other solutions. It's a little less than a cab and about a third of the cost of Uber.
Founder: John Zimmer
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What it is: A home automation system that lets you do things like tell your dishwasher to send you a tweet when it's finished. Each card, which comes with a built-in Wi-Fi antenna and processor, can be installed in essentially any device. Electric Imp is slated to debut in home devices later this year.
Why it's important: It's the first fully unified and easily accessible platform for home automation, and it only takes a matter of seconds to configure any device. It also has a wide variety of use cases and could be used for safety purposes, like getting a notification if you left your oven on and then having the option to turn it off.
Founders: Hugo Fiennes, Kevin Fox and Peter Hartley
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What it is: A marketplace for long-distance ride-sharing.
Why it's important: Instead of going through the hassle of coordinating pick-up locations and times, cost, and preferences over numerous back-and-forth emails, Ridejoy gets rid of that inconvenience by facilitating all of those logistics via its mobile app.
Founders: Jason Shen, Kalvin Wang and Randy Pang
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What it is: On-demand car repair service
Why it's important: Going to auto repair shops can be a huge pain, not to mention expensive. YourMechanic saves you time by bringing the mechanics to wherever your car is parked. And the fair price calculator protects you from getting ripped off.
Founders: Art Agrawal and Dongyi Liao
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Dollar Shave Club
What it is: An online membership service that delivers a razor and anywhere from three to five razor cartridges a month, depending on which of the three plans you select. For $1 a month, you get a twin blade and four razor cartridges. For $6 a month, you get a four-blade razor and four cartridges. For $9 a month, you get a six-blade razor and three cartridges.
Why it's important: Dollar Shave Club is a money saver. Razors can be expensive and razor blades can cost you more than $30 per month.
Founders: Michael Dubin and Mark Levine
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What it is: MoviePass is essentially a Netflix for movies playing in theaters. Users pay a monthly fee, about $30 per month, to reserve tickets on the app and then load them on pre-paid card to swipe at the theater's kiosk.
Why it's important: Movie-going is increasingly becoming more expensive, with the national average ticket price just under $8. For those who frequently attend movies, MoviePass has the potential to save them a ton of money. It's also useful for theaters that have a hard time filling seats.
Founders: Stacy Spikes and Hamet Watts
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What it is: Wearable wristband and shoe sensors that track movements, measure heart rate and blood oxygen levels, and even match that data with the activity you're doing.
Why it's important: Amiigo's technology allows it to differentiate between activities like swimming, running, and biking. That means you can get detailed feedback via the mobile app and better tailor your workouts.
Founder: David Scott
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What it is: An affordable cloud storage provider that stores your music, photos, documents and other digital content on a portable device. It also backs up your data on their encrypted network.
Why it's important: Space Monkey makes your data nearly indestructible. And it also offers 10 times the storage of Dropbox (more than one terabyte of data) for only $10 a month.
Founders: Clint Gordon-Carroll, Shane Hassen and Alen Peacock
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What it is: Shared, electric Vespa-style scooters that are powered via smartphones.
Why it's important: Although Scoot Networks is currently only available in San Francisco, it provides a fast, inexpensive and easy-to-park transportation solution in a city where it can be impossible to find parking.
Founders: Michael Keating, Matt Ewing and Dan Riegel