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Wednesday, October 27, 2021

TOP 100 ARTIFICIAL INTELLIGENCE STARTUPS TO LOOKOUT FOR IN 2021

 

Sooner or later, the concept of digitization will completely take over all repetitive tasks. Today, with the help of big data, advanced technologies like automation, artificial intelligence, IoT, and machine learning are leveraging unimaginable amounts and types of information to work from. It is streamlining tedious, repetitive, and difficult tasks, which tend to slow down production and also increases the cost of operation. Owing to the evolution of technology, artificial intelligence startups are mushrooming like never before. The companies are driving the world into a new phase of digitization with a mixture of disruptive statistical methods, computational intelligence, soft computing, and traditional symbolic AI.

Artificial intelligence is the combination of two amazing concepts namely science and engineering. With the infusion of disruptive trends and human intelligence, intelligent machines and intelligent computing programs are emerging. Slowly, the flare of innovations moved away from IT and entered into diverse industries including healthcare, education, finance, marketing, business, telecommunication, etc. Organizations realized that by digitizing repetitive tasks, an enterprise can cut the cost of paperwork and labor which further eliminates human error, thus boosting efficiency. Automating processes involve employing artificial intelligence solutions that can support digitization and deliver data-driven insights. Artificial intelligence startups emerge as a ready-made solution provider that supports every company’s individual needs. AI startups in 2021 use big data to sophisticated AI models and leverage new solutions that could better serve customers. Analytics Insight has listed the top 100 artificial intelligence startups that are driving the next-generation development in technology.

Eg :

1. 8topuz

Headquarter(s): Limassol, Cyprus

Founded: 2010

Focus Area: AI Trading Software, Automated AI Software

Sector: Fintech

Website: https://8topuz.com/

8topuz is a disruptive fintech company that offers an easy-to-access AI-based automated investment system to effectively help customers grow their wealth regardless of their knowledge in trading. 8topuz’s application is designed to work both for investors and non-investors who want to increase their wealth with a fully automated AI-based trading system that is easy to set up and requires no management. It democratizes the way investments are done by bringing sophisticated elite trading technology to laymen. 8topuz’s uses the blend of artificial intelligence and machine learning to leverage next-generation trading software that follows risk management principles.

 

2. Accrad

Headquarter(s): 2020

Founded: Cape Town, South Africa

Focus Area: Artificial Intelligence, Deep Learning, Medical AI Software

Sector: Healthcare

Website: http://accrad.com/

Accrad is a health tech company that assists radiologists to reduce their workload with the precision of artificial intelligence. Radiologists work under different circumstances and deadlines and might find diagnosis through x-rays a bit difficult. Therefore, Accrad has come up with a futuristic solution to help with accurate and fast image diagnosis. The company has made x-ray processing more convincing and simpler. Its signature product CheXRad, a deep learning algorithm that identifies locations in the chest radiograph has the capability to predict 15 different diseases including Covid-19.

 

3. Affable.ai 

Headquarter(s): Suntec Tower One, Singapore

Founded: 2017

Focus Area: Influencer Marketing, Data-driven Marketing Solution, Big Data

Sector: Marketing

Website: https://www.affable.ai/

Affable.ai is a data-driven influencer marketing platform where customers can find relevant and authentic influencers and manage marketing operations. By using cutting-edge computer vision algorithms on social media posts, the company delivers actionable insights about micro-influencers and their audience. Similar to how Google has sophisticated its search and promote relative ads to users, Affable.ai has also built one-click marketing at a shorter scale. Recently, the company has raised US$2 million from Prime Venture Partners, Decacorn Capital, and SGInnovate. Affable.ai was planning to use the funding to expand its international presence into markets such as the US.

 

4. Affirm

Headquarter(s): San Francisco, California

Founded: 2012

Focus Area: Artificial Intelligence, Machine Learning, Data Science

Sector: Fintech

Website: https://www.affirm.com/

If you are thinking of buying a new product or shop for a necessary dress, or go on a trip, but has funding issues, then affirm can help you with installment loans. Affirm is a futuristic fintech company that offers loans to customers at the point of sale. The company aims to revolutionize the banking industry to be more accountable and accessible to consumers. Affirm has partnered with over 2,000 merchants including familiar brands across travel, personal fitness, electronics, apparel and beauty, and more to give shoppers a wide range of options. When the customers check out, they can get a load facility from the company. Affirm has closed a US$500 million securitization of its point-of-sale (POS) installment lands, which will help boost its growth in the future.

 

5. AI. Reverie

Headquarter(s): New York

Founded: 2017

Focus Area: Artificial Intelligence, Big Data, Machine Learning

Sector: Diverse Industries

Website: https://aireverie.com/

Reverie is one of the few companies that are working with synthetic data to leverage privacy-preserving data applications. It is an innovative platform that leverages data to train machine learning algorithms, which could eventually enhance machines’ understanding of the world. The company offers a suite of synthetic data and vision APIs to help businesses across different industries improve their AI applications. As an overall move, the solutions help in the creation of smart cities, sustainable farms, safer homes, etc. AI. Reverie has recently appointed Aayush Prakash, a former Nvidia Deep Learning expert as the Head of its Machine Learning team.

 

6. Aidoc

Headquarter(s): Tel Aviv, Israel

Founded: 2016

Focus Area: Image Analysis, Artificial Intelligence

Sector: Healthcare

Website: https://www.aidoc.com/

Aidoc is a health tech company that innovates to serve physicians’ needs and to create a measured impact on the imaging workflow. Founded in 2016, the company supports and enhances the impact of radiologist diagnostic power by helping physicians expedite patient treatment and improve the quality of care. To leverage the perfect solution, Aidoc’s leadership team has worked together on operation AI with the unprecedented healthcare market in mind. A month ago, Aidoc has raised US$65 million in Series C funding, which will help the company enhance its medical imaging platform.

 

7. Aira

Headquarter(s): California, United States

Founded: 2015

Focus Area: Wearable, Software, Assistive Technology

Sector: Computer Software

Website: https://aira.io/

Aira provides tech-enabled services for over 300 million visually impaired people around the globe. The company is aiming to deliver instant access to visual information from anyone, anytime, and anywhere. Aira’s assistive services blend wearable technology, artificial intelligence, and augmented reality to empower a network of trained, professional agents to remotely assist people who are blind or have low vision. Aira has raised US$12 million in a funding round led by private investors including Jawad Ahsan, Lori Greiner, and Robert Herjavec. The company said that it would use the funding to accelerate its capacity for innovation.

 

8. Airobotics

Headquarter(s): Tel Aviv, Israel

Founded: 2014

Focus Area: Automated Drones

Sector: Mining, Seaports, Oil & Gas, Industrial Facilities

Website: https://www.airoboticsdrones.com

Airobotics is an automated drone platform that develops pilotless drone solutions and offers an end-to-end, fully automated platform for collecting aerial data and gaining valuable insights. The industry-grade platform is available on-site and on-demand, enabling industrial facilities to access premium aerial data in a faster, safer, and more efficient way. With a merger of aerospace hardware design, robust electronic systems, and leading software engineers, Airobotics is leveraging sophisticated commercial drone operations.

 

9. Aisera

Headquarter(s): Palo Alto, California, United States

Founded: 2017

Focus Area: AI Service Desk, AI Customer Service, Conversational AI, Conversational RPA, AIOps

Sector: Call Centers, Customer Service, HR, IT, Sales & Marketing

Website: https://aisera.com/

Aisera is an AI services company providing an AI-driven solution to change the daily routines of employees and customers. Aisera aims to help users with greater self-service by automating common to complex actions, tasks, ad workflow. This enables users to focus on high-value work, while those requesting help can resolve their issues with self-service resolutions. The company recently announced that it would be partnering with Microsoft to deliver next-generation AI service desk solutions to automate requests. Besides, Aisera has also secured US$40 million in a recent Series C funding.

 

10. Alation

Headquarter(s): Redwood City, California, United States

Founded: 2012

Focus Area: Data Governance, Analytics, Cloud Transformation, Digital Transformation, DataOps, Business Analytics, Data Science

Sector: Finance, Healthcare, Insurance, Manufacturing, Retail, Technology, Public

Website: https://www.alation.com/

Alation is pioneering in providing a machine learning data catalog that helps people find, understand, and trust data across a certain organization. The company is leading the evolution into a platform for a broad range of data intelligence solutions including data search and discovery, data governance, data stewardship, analytics, and digital transformation. Alation goes a step beyond in delivering self-service analytics that allows everyone to explore and find insights into their data. The company has recently raised US$110 million in a Series D round led by Riverwood Capital with participation from new investors like Sanabil Investments and Snowflake Ventures.

Rest of list : 

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