IBT Top AI Startups & Scaleups IBTimes IBT’s Top AI Startups & Scaleups: Trailblazers With Promise And Real-World Potential This is the age of Artificial Intelligence. The technology is fast becoming ubiquitous, being employed everywhere from driverless vehicles to making suggestions to online shoppers what they should buy next, to facial recognition software to trawling research for hidden knowledge. The benefits of AI are already impacting people’s lives in more ways than it was ever imagined. It is estimated that one of 10 enterprises are already using more than 10 AI applications to efficiently solve complex real-world problems. Within the emerging technology space — AI, robotics, cybersecurity, blockchain, internet of things (IoT), virtual reality (VR) and augmented reality (AR) — AI startups and scaleups have seen "hockey stick-style growth since 2016." International Business Times’ list of top Artificial Intelligence startups comes against this backdrop, and is a logical next step to our much-acclaimed lists on Top Fintech Startups and Top EMBA programs. Like those lists, the list of top AI startups is part of our commitment to bring to our readers the information and visibility they require to understand this fast-evolving and growing area of technology and the rising stars in its firmament. As with our Fintech startups list, our partner StartUs Insights put together this list to help our readers cut through the noise. Our focus was to ensure that only those startups and scaleups that work in artificial intelligence in a meaningful way and demonstrate promise and business potential made the cut. This was no mean task: Artificial intelligence is a crowded field, and the number of companies that claim to be making AI solutions runs into several thousands. StartUs had to find the ones that build real-problem-solving applied AI solutions, and then find the leaders among them. Ranking startups and scaleups is easier said than done — because of the disparate technological problems they seek to address and solve. In our list are startups that develop artificial intelligence systems using powerful deep learning algorithms and supercomputers for drug discovery; one that develops emotion recognition technology that senses and analyzes facial expressions and emotion, a photo AI platform that generates auto repair estimates instantly, a service platform that connects consumers with their banks via micro conversation, to describe a few. IBT’s list honors the top AI players, but let’s remind you again that this is not a ranked list for the reasons mentioned above. It is important to note that American startups make up two-thirds of the IBT list. That is a reflection of the reality on the ground despite the headlines that warn of China’s quest for AI dominance. Most AI startups are — still — in the U.S. although the U.S. and China continue to be leaders in this race for AI. The most promising AI startups are U.S.-based ones working in health care, retail and transportation, according to a Bloomberg report last year. Additionally, a report last November said the U.S. attracted 56%, or more than half, of the total investments made in artificial intelligence between 2015 and 2019 worldover. American startups and companies working on AI pulled in nearly two-thirds of the disclosed investment globally in 2019 alone: $25.2 billion in disclosed value (64% of the global total) across 1,412 transactions, another report said A key point here: the pandemic has caused companies to accelerate their AI strategies. Organizations are investing in AI to expedite remote work, cut costs and enhance user experience. Our list is a reflection of the realities of this real world in both its timing and content. Company Name Website Location Founding Year Startup Stage Total Funding Founder 1 Adext adext.ai Palo Alto, CA 2016 $8,000,000.00 Seed Mr Dan Molano 2 Tellius www.tellius.com Reston, VA 2016 $7,500,000.00 Venture - Series Unknown Mr Ajay Khanna 3 Squirro squirro.com Switzerland 2012 $11,500,000.00 Venture - Series Unknown Mr Dorian Selz 4 Seebo seebo.com Israel 2012 $46,000,000.00 Series B Mr Lior Akavia 5 Stradigi AI www.stradigi.ai Canada 2017 $53,000,000.00 Series A Mr Per Nyberg 6 Kensho Technologies www.kensho.com Cambridge, MA 2013 $81,100,000.00 Series B Mr Cambridge Bhavesh 7 Reflektion www.reflektion.com San Mateo, CA 2012 $46,100,000.00 Series B Mr Amar Chokhawala 8 Functionize www.functionize.com Walnut Creek, CA 2014 $19,200,000.00 Series A Mr Tamas Cser 9 SparkCognition www.sparkcognition.com Austin, TX 2014 $163,600,000.00 Series C Mr Amir Husain 10 Tenstorrent Inc. www.tenstorrent.com Canada 2016 $34,500,000.00 Series B Ms. Ljubisa Bajic 11 Twenty Billion Neurons 20bn.com Canada 2015 $12,500,000.00 Series A Mr Roland Memisevic 12 Algolux www.algolux.com Canada 2015 $18,400,000.00 Convertible Note Mr Allan Benchetrit 13 Tigerobo www.tigerobo.com China 2017 $48,300,000.00 Series A Ms. Kelly Liang 14 Silo AI silo.ai/ Finland 2017 $10,000,000.00 Venture - Series Unknown Mr Peter Sarlin 15 reciTAL recital.ai France 2017 $3,500,000.00 Venture - Series Unknown Mr Gilles Moyse 16 Omni:us omnius.com Germany 2015 $44,100,000.00 Series A Ms. Sofie Quidenus-Wahlforss 17 Innoplexus www.innoplexus.com Germany 2015 - Series C Mr Stratos Davlos 18 Mad Street Den www.madstreetden.com Redwood City, CA 2016 $21,200,000.00 Series B Mr Anand Chandrasekaran 19 Qure.ai www.qure.ai India 2016 $16,000,000.00 Venture - Series Unknown Mr Prashant Warier 20 Wobot.ai wobot.ai United States 2017 $2,500,000.00 Seed Mr Tapan Dixit 21 Orbo.ai www.orbo.ai India 2016 $1,500,000.00 Seed Mr Manoj Shinde 22 Aylien aylien.com Ireland 2012 $9,300,000.00 Series A Mr Parsa Ghaffari 23 Cipia www.cipia.com Israel 2006 Mr David Tolub 24 Hailo www.hailo.ai Israel 2017 $87,900,000.00 Series B Mr Orr Danon 25 MaxQ AI www.maxq.ai Israel 2013 $9,000,000.00 Series A Mr Michael Rosenberg 26 Pecan AI www.pecan.ai Israel 2016 $15,000,000.00 Series A Mr Zohar Bronfman 27 cnvrg.io cnvrg.io Israel 2016 $8,000,000.00 Series A Mr Yochay Ettun 28 ThetaRay www.thetaray.com Israel 2013 $81,500,000.00 Convertible Note Mr Mark Gazit 29 Heroz heroz.co.jp Japan 2009 $466,000,000.00 Venture - Series Unknown Mr Keiichi Iguchi 30 Earth Science Analytics earthanalytics.ai Norway 2016 $100,000,000.00 Series B Mr Eirik Larsen 31 Deepsense.Ai deepsense.ai Poland 2014 $6,000,000.00 Venture - Series Unknown Mr Tomasz Kulakowski 32 Avanseus avanseus.com Singapore 2015 $3,600,000.00 Convertible Note Mr Bhargab Mitra 33 AiDA Technologies www.aidatech.io Singapore 2016 - Series A Mr Geok Tan 34 Active.AI www.active.ai/ Singapore 2016 $14,800,000.00 Undisclosed Mr Shankar Srinivasan 35 Moneybrain www.moneybrain.ai/ South Korea 2016 $8,800,000.00 Venture - Series Unknown Mr Eric Jang 36 Sigma Technologies Global sigma-ai.com Spain 2008 - Series A Ms. Nuria Bermejo 37 Daedalean AI www.daedalean.ai Switzerland 2016 $14,500,000.00 Grant Mr Luuk van Dijk 38 Cinnamon AI cinnamon.is/en/ 2011 $39,000,000.00 Series C Ms. Miku Hirano 39 Amplyfi amplyfi.com United Kingdom 2015 $10,600,000.00 Series A Mr Chris Ganje 40 Graphcore www.graphcore.ai United Kingdom 2016 $682,000,000.00 Series E Mr Nigel Toon 41 Tractable www.tractable.ai United Kingdom 2014 $59,900,000.00 Series C Mr Alex Dalyac 42 BenevolentAI benevolent.com United Kingdom 2013 $292,000,000.00 Private Equity Ms. Joanna Shields 43 Imubit www.imubit.com Houston, TX 2016 $2,300,000.00 Seed Mr Gilad Cohen 44 Smartvid.io www.smartvid.io Cambridge, MA 2015 $21,800,000.00 Venture - Series Unknown Mr Josh Kanner 45 Talla talla.com Boston, MA 2015 $12,300,000.00 Pre-Seed Mr Frank Speiser 46 RS Metrics www.rsmetrics.com Stamford, CT 2009 $14,000,000.00 Series B Mr Nilosha Pereira 47 Osaro www.osaro.com San Francisco, CA 2015 $66,300,000.00 Series B Mr Michael Kahane 48 PathAI www.pathai.com Boston, MA 2016 $90,200,000.00 Series B Mr Andrew Beck 49 Gamalon gamalon.com Boston, MA 2013 $36,600,000.00 Series A Mr Ben Vigoda 50 Esperanto Technologies www.esperanto.ai Mountain View, CA 2014 $58,000,000.00 Series B Mr Art Swift 51 Aktana www.aktana.com San Francisco, CA 2011 $69,200,000.00 Series D Mr David Ehrlich 52 7Park Data 7parkdata.com New York, NY 2012 $9,000,000.00 Venture - Series Unknown Mr Eric Christianson 53 Blaize AI www.blaize.com El Dorado Hills, CA 2010 $65,000,000.00 Series C Mr Kyle Thomas 54 Toumetis toumetis.com Boise, ID 2009 - - Mr Mark Willnerd 55 Fraud.net www.fraud.net New York, NY 2015 $2,300,000.00 Venture - Series Unknown Mr Whitney Anderson 56 Activ Surgical www.activsurgical.com Boston, MA 2017 $40,400,000.00 Venture - Series Unknown Mr Todd Usen 57 BigML bigml.com Corvallis, OR 2011 $4,400,000.00 Venture - Series Unknown Mr Francisco Martin 58 Resson www.resson.com Canada 2013 $27,700,000.00 Series C Mr Peter Goggin 59 Noodle.ai noodle.ai San Francisco, CA 2016 $72,000,000.00 Venture - Series Unknown Mr Stephen Pratt 60 Covail www.covail.com Columbus, OH 2014 $14,000,000.00 Venture - Series Unknown Mr Matt Wald 61 Deep 6 AI deep6.ai Pasadena, CA 2015 $17,000,000.00 Series A Mr Wout Brusselaers 62 Zest AI zest.ai Burbank, CA 2009 $232,000,000.00 Venture - Series Unknown Mr Mike de Vere 63 Amenity Analytics www.amenityanalytics.com New York, NY 2015 $25,600,000.00 Series B Mr Nathaniel Storch 64 Sparta Science www.spartascience.com Menlo Park, CA 2016 $25,700,000.00 Series B Mr Phil Wagner 65 Zesty.ai zesty.ai Oakland, CA 2015 $13,000,000.00 Series A Ms. Attila Toth 66 Moveworks www.moveworks.com Mountain View, CA 2016 $105,000,000.00 Series B Mr Bhavin Shah 67 Health Fidelity healthfidelity.com San Mateo, CA 2011 $19,300,000.00 Venture - Series Unknown Mr Steve Whitehurst 68 Claim Genius www.claimgenius.com Iselin, NJ 2017 $7,700,000.00 Series A Mr Raj Pofale 69 Syntiant www.syntiant.com Irvine, CA 2017 $65,100,000.00 Series C Mr Kurt Busch 70 SetuServ www.setuserv.com Chicago, IL 2012 $818,000.00 Seed Mr Roshan Alvares 71 Eightfold.ai eightfold.ai Mountain View, CA 2016 $176,800,000.00 Series D Mr Kamal Ahluwalia 72 LeadCrunch www.leadcrunch.com San Diego, CA 2013 $18,200,000.00 Series B Mr Jonathan Spier 73 Jvion www.jvion.com Suwanee, GA 2011 $8,900,000.00 Private Equity Mr Eric Schrock 74 H2O.ai h2o.ai Mountain View, CA 2012 $151,100,000.00 Series D Mr Arno Candel 75 Avaamo www.avaamo.ai Los Altos, CA 2014 $23,500,000.00 Series A Mr Sriram Chakravarthy 76 StoryFit www.storyfit.com Austin, TX 2015 $3,800,000.00 Venture - Series Unknown Ms. Monica Landers 77 Synergies Intelligent Systems sis.ai Cambridge, MA 2016 $10,000,000.00 Series A Mr Michael Chang 78 Solvvy www.solvvy.com San Mateo, CA 2013 $16,500,000.00 Series A Mr Mahesh Ram 79 Olive www.oliveai.com Columbus, OH 2012 $456,300,000.00 Series G Mr Sean Lane 80 NLP Logix www.nlplogix.com Jacksonville, FL 2011 $325,300.00 Venture - Series Unknown Mr Ted Willich 81 CognitiveScale cognitivescale.com Austin, TX 2013 $40,000,000.00 Series B Mr Matt Sanchez 82 Cognitiv www.cognitiv.ai New York, NY 2015 $40,000,000.00 Series B Mr Philip Kearney 83 Apixio www.apixio.com San Mateo, CA 2009 $42,900,000.00 Series D Mr Sachin Patel 84 Percipient.ai percipient.ai Santa Clara, CA 2017 $37,200,000.00 Series B Mr Balan Ayyar 85 Focal Systems focal.systems Burlingame, CA 2015 $16,000,000.00 Corporate Round Mr Francois Chaubard 86 Leverton www.leverton.ai New York, NY 2012 $5,000,000.00 Series D Mr Abhinav Somani 87 Oden Technologies www.oden.io New York, NY 2014 $15,900,000.00 Secondary Market Mr Willem Sundblad 88 Lambda lambdalabs.com San Francisco, CA 2012 - Venture - Series Unknown Mr Stephen Balaban 89 Socure www.socure.com New York, NY 2012 $196,600,000.00 Series D Mr Johnny Ayers 90 simMachines simmachines.com Chicago, IL 2012 $7,400,000.00 Series A Mr Robert Zieserl 91 IV.AI iv.ai Manhattan, NY 2016 - - Mr Vince Lynch 92 Affectiva www.affectiva.com Boston, MA 2009 $63,600,000.00 Series B Ms. Rana el Kaliouby 93 Alegion www.alegion.com Austin, TX 2012 $18,000,000.00 Series A Mr David Mather 94 Experfy www.experfy.com Boston, MA 2014 $1,500,000.00 Undisclosed Ms. Sarabjot Kaur 95 Umbo Computer Vision umbocv.ai San Francisco, CA 2015 $17,600,000.00 Venture - Series Unknown Mr Shawn Guan 96 AppZen www.appzen.com San Jose, CA 2012 $100,600,000.00 Series C Mr Kunal Verma 97 DigitalGenius www.digitalgenius.com United Kingdom 2013 $26,000,000.00 Series A Mr Bogdan Maksak 98 SambaNova Systems www.sambanova.ai Palo Alto, CA 2017 $465,300,000.00 Series C Mr Rodrigo Liang 99 Beyond Limits www.beyond.ai Glendale, CA 2014 $158,500,000.00 Series C Mr Mark James 100 KenSci www.kensci.com Seattle, WA 2015 $30,500,000.00 Series B Mr Samir Manjure 101 GreenKey www.greenkeytech.com Chicago, IL 2013 - Corporate Round Mr Anthony Tassone 102 Netradyne www.netradyne.com San Diego, CA 2015 $47,500,000.00 Venture - Series Unknown Mr Avneesh Agrawal 103 Attivio www.attivio.com Boston, MA 2009 $102,100,000.00 Series E Mr Mark Ward 104 Sixgill www.sixgill.com San Francisco, CA 2007 - Series B Mr Logan Spears 105 Predata predata.com New York, NY 2015 $3,300,000.00 Seed Mr Hazem Dawani 106 Atomwise www.atomwise.com San Francisco, CA 2012 $176,600,000.00 Grant Mr Abraham Heifets 107 RapidMiner www.rapidminer.com Boston, MA 2007 $37,200,000.00 Venture - Series Unknown Mr Ralf Klinkenberg 108 Symphony AyasdiAI www.ayasdi.com Redwood City, CA 2008 $106,300,000.00 Series C Mr Simon Moss 109 Petuum petuum.com Pittsburgh, PA 2016 $108,000,000.00 Series B Mr Eric Daimler 110 Infrrd www.infrrd.ai San Jose, CA 2017 - - Mr Amit Jnagal 111 Clarifai clarifai.com Wilmington, DE 2013 $40,000,000.00 Series B Mr Matthew Zeiler NEWS Business Technology World National Politics Media & Culture Opinion Sports Luxury FEATURED Social Capital Lexicon Spotlight EMBA Rankings Fintech Startups Top AI Startups & Scaleups IBT Shop Coupons ABOUT About Us Advertise with Us Media Kit Terms & Conditions Privacy Policy Cookie Policy EDITIONS Australia India International Singapore United Kingdom United States FOLLOW US Facebook Twitter LinkedIn © Copyright 2021 IBTimes LLC. All Rights Reserved.