Overview
- Reduce company costs, generating customer insights and intelligence and improving customer experiences are the top three most popular use cases for ML and AI
- Here we present 15 Promising AI startups around the world.
- This list is by no means exhaustive.. Feel free to add more AI startups in the comments below.
Introduction
The global data science market was valued at around 393 billion in 2019. The market is expected to expand at a compound annual growth rate (CAGR) of the 26% of 2020 a 2027. In the current scenario, one of each 10 companies use more than 10 Artificial intelligence applications ranging from a chatbot, fraud detector, security and more. The increased adoption of machine learning across industries has demonstrated how its algorithms and techniques efficiently solve complex real-world problems..
At the forefront of this situation, there are multiple AI startups that through their innovation and technology improvement are solving problems at a rate never seen before. And there seems to be no disruption to these developments in the artificial intelligence industry by these startups..
Here we list some of the top AI startups shaping the AI industry.. Of course, The list is not exhaustive.
Data is the fuel of the machine learning industry. Taking this into account, the company was founded in 2016. TO THE. reverie is a New York-based simulation platform that provides synthetic data designed to make machine learning and artificial intelligence algorithm training affordable, fast and productive.
The company provides vision APIs and synthetic data in industries such as smart cities, defending, retail commerce, agriculture and more. It was one of the The 25 best machine learning startups to watch at 2020 by Forbes. What's more, has been named Gartner's Best Vendor for 2020 in core artificial intelligence technologies.
Anodot is a startup based in the United States, founded in 2014. It is an analytics platform that uses machine learning and artificial intelligence. techniques to constantly analyze and correlate all trading parameters, providing real-time alerts and forecasts using real-time structured metric data and unstructured log data.
Anodot has more than 100 clients in digital transformation industries, including e-commerce, FinTech, AdTech, Telco, Gaming, with tech giants like Microsoft, Lift, Waze y King.
It was also named among the 25 Best Forbes Machine Learning Startups To Watch At 2020.
Dataiku is an artificial intelligence and machine learning startup founded in 2013 and based in Paris, France. The company announced its data science study in 2014, what is a ‘predictive modeling software’ for commercial applications. The product is available in versions “free” Y “business”. The company's goal is to bring together data analysts, engineers and scientists to create self-service analytics while operating machine learning.
Dataiku has large companies like Unilever, General Electric and Comcast as customers.
In 2019, Alphabet Inc. joined the company as an investor and also achieved unicorn status. Dataiku Named a Leader in Gartner's Magic Quadrant 2020 for data science and machine learning platforms.
Eight times Ai It was founded in 2016 by global experts in deep learning and is based in Mountain View, California with the mission “Suitable career for everyone in the world”. The company offers a talent intelligence platform to companies that manage the entire talent lifecycle. The platform uses artificial intelligence in the most effective way for organizations to retain the best, improve and retrain the workforce, recruit top talent efficiently and meet diversity goals.
Eightfold.ai deep learning artificial intelligence platform enables companies to turn talent management into competitive advantage. In november 2020, the company announced that it has raised $ 125 million in its latest round of Series D funding and the company is valued at 1 billion, making her the latest entrant in the starter unicorn club.
Also included in the 25 Best Forbes Machine Learning Startups To Watch At 2020.
Frame AI, a startup founded in 2016, is a developer of a collaborative messaging platform designed to improve business conversations. The platform is an early warning and continuous monitoring system that makes the voice of the customer an effective operational tool to inform data-driven CX priorities.
The company uses natural language understanding and enables companies to listen to their customers on a large scale through the many channels available for customer communications and make them immediately actionable.. CX teams use Frame AI to identify the “why” behind customer results, so they can scale what works well and limit the impact of what doesn't.
In his latest series, a financing round company raised $ 6,3 million in April 2020.
BigML is a leading machine learning company that makes machine learning easy, attractive and understandable to all. That helps thousands of companies around the world make highly automated and data-driven decisions using machine learning (MLASS) as a service.
The company offers a wide variety of core Machine Learning resources that can be put together to solve complex Machine Learning tasks.. Customers can access those resources through BigML Dashboard, an intuitive web-based interface, or by programming through its REST API. In addition to commercial activities, is also playing an active role in promoting machine learning in education worldwide through its educational program.
Instreamatic is an AI-powered voice dialogue marketing platform designed to power interactive dialogue-based ads on mobile platforms, the company uses natural language understanding (NLU) to train voice artificial intelligence algorithms. It enables media companies and advertisers to measure, manage and monetize audio content using new interactive voice artificial intelligence technology.
The company has raised 2,2 million dollars in funding over five rounds since its founding in 2015. Its last funding was raised in April 2020, starting a seed round.
Alation is a data catalog company whose goal is to make a fluid world of data through changing the way people find, understand and trust data. The first to bring a data catalog to market, Alation combines machine learning and human collaboration to bring confidence to data-driven decisions.
More of 100 organizations, including the city of San Diego, eBay, Munich Re y Pfizer, take advantage of the Alation data catalog
Viz.ai was founded in 2016 s based in San Francisco, California, EE. UU. It is a medical imaging company that specializes in artificial intelligence applied to health care. The company leverages advanced deep learning to communicate urgent information about stroke patients directly to a specialist who can intervene and treat.
Viz.ai mission is to fundamentally improve the way healthcare is delivered around the world, through intelligent software that promises to reduce treatment time, improve access to care and increase the speed of dissemination of medical innovation.
In april 2020, Viz.ai launched its Viz COVID-19, a COVID-19 patient triage software to improve patient management and enable a safer hospital workplace during the pandemic. Viz.ai has won the prestigious UCSF Digital Health Award for Best New AI Application
Founded in 2017, Luminovo is a deep learning company that helps companies develop custom applications in the electronics industry. The company aimed at Bringing innovations faster for everyone by reducing the time and resources required to go from an idea to a go-to-market electronic product. Luminovo is a SaaS provider for the electronics industry.
Luminovo has raised a total of $ 2.5 million in funding in a Pre-Seed round raised in April 2020. It is also on the Forbes list of 25 Top Machine Learning Startups To Watch On 2020.
Rosetta.ai was founded in 2016 based in Asia-Pacific. Uses deep learning technology to help fashion ecommerce companies understand shopping behavior and consumer preferences to help them personalize product recommendations on the site. The company focuses on the fashion industry and dives more into fashion, for instance, clothing, cosmetics and accessories, and build models and deep learning algorithms suitable for the use case.
Rosetta.ai up two rounds. Its last funding was raised in March 2020, from a round of convertible notes.
Mixmode is an AI-powered cybersecurity startup. It is the first to bring a third wave context-aware artificial intelligence approach that learns and automatically adapts to dynamically changing environments.. The company is developer of a predictive cybersecurity platform designed to reduce the number of alerts. Its platform offers a continuous baseline of networks and allows users to focus on the alerts that deserve their attention..
MixMode's AI-powered network traffic analytics platform provides deep network visibility and predictive threat detection capabilities. This enables the customer's security team to efficiently detect and display threats in real time and retrospectively..
The company has been named an innovator in leading publications and by security analysts, including SC Magazine. What's more, won a finalist award in 2018 Y 2019 by "Best computer forensic solution.”. Until April 2020, the company has raised 17,3 million dollars in five rounds of financing.
ModelOp is a Chicago-based provider of ModelOps software and services to leading enterprises. That puts models in business with the industry-leading enterprise-class ModelOps software solution. What's more, enables large enterprises to address the scale and governance challenges needed to get the most value from business investments in artificial intelligence and machine learning.
Industry companies use the ModelOp platform to integrate their models into operations. ModelOp is a Series A “company-backed startup”, founded in 2016 by industry veterans with extensive experience in data science and large-scale enterprise IT operations.
OctoMl is a startup founded by a team behind the Apache TVM machine learning compiler stack project.. its the mission is Allow more developers to implement machine learning models more easily and securely on more hardware. The core idea behind OctoML and TVM is to use machine learning to optimize machine learning models so they can more runs efficiently on different types of hardware.
OctoML has raised a total of $ 18,9 million in funds during 2 rounds with the last round of Series A in April 2020.
Final note
Innovation has been the backbone of humanity's extraordinary progress. In the XXI century, these new artificial intelligence companies have become the bearers of the innovations, solving many problems that plague humanity. This is just a look at the most exciting AI startups in the domain currently. There are many more organizations working to develop developments in various areas of life using Artificial Intelligence.
I recommend that you read this article to get a general idea of where artificial intelligence and machine learning is progressing in 2021.
Let us know if you have any exciting AI startups on your list in the comments below!!
