The Corona Virus might have disrupted the lifestyle and organizational plans, but there has been a positive side to this problem. One of the most-talked-about emerging-technologies, Artificial Intelligence (AI), powers a lot of gadgets, products, services, and even businesses. AI used to be just a buzzword, but now it is more than that. It is something that can empower an entire business.
The possibility of AI becoming a world-transforming technology continues to grow, and fuels start-ups to apply AI for development. Listed below are the top 10 leading AI-driven start-ups of recent times.
- InVideo
If you judge a start-up from the money it raised, then InVideo is undoubtedly the one you would want to put at the top spot. InVideo is a video editing platform start-up that uses the power of AI to create and use tools to improve your overall video creating experience. In their series A round, InVideo raised a whopping $15M. The company uses the technology to improve every aspect of editing a video right from scratch. Artificial Intelligence helps to create a video, and it automatically makes a suggestion for how the video could be improved. InVideo has amassed more than 800,000 users who have created videos in over 75 languages.
- Brisk
Brisk is an excellent example of an AI-driven start-up that has turned into a large organization in recent times. Launched in the year 2018, Brisk earned near-about $300,000 in funding and have raised them to be a reputed organization since then. Brisk is a start-up turned business developers that use AI software and sell them in the market. The software helps the buyers in achieving in-depth risk analysis and other stats for their businesses. Two years down the line, they have started helping SMEs, brokers, accountants, and other smaller organizations regulate their finances for better results.
- Samsara
Samsara is another live example of a successful start-up that used AI technology to their benefit. After raising a massive amount of $300M from the Series F round back in 2019, this start-up-cum-SME uses AI to operate its functions. The organization is an IoT platform that uses AI as a medium to combine cloud services, hardware, and software, bringing out the analytics, real-time visibility, and analytics to get an extensive start on the reputation and other development for a brand. This organization's strengths include driver safety, vehicle telematics, compliance, asset tracking, and much more.
- Dragonfly
Dragonfly's roots can be traced back to the year 2018, and since then, they have been using AI-driven software to get customer's attention in retail shops. After understanding human behavior, the brand has successfully created AI-driven software to determine the buyer's mindset. Currently, this AI-driven start-up has been valued at almost £1.76 million during Jan 2020. They have established a Dragonfly predictive algorithm tool, which is completely AI-driven. They offer this tool to other organizations and run their content through this tool. Side-by-side, Dragonfly Motion is another tool created from AI that provides insight into the viewer's attention.
- TripAction
As the name suggests, TripAction is a travel business platform that is entirely driven by Artificial Intelligence. This platform combines the inventory and personalization with 365x24x7 live support. This helps in serving finance leaders, travel managers, and other employees from one place. This AI-driven start-up is one of the most successful and valued brands in today's time.
- Good Vision
Though Good Vision has a long history, it started gaining traction and attention only from mid-2019 when they made a quick shift to integrate AI in their system. It's their research, approach, and understanding of AI that has made it an impressive organization. The organization offers technology via Goodvision video insights by collecting data from various camera recordings.
- ThoughtSpot
In August 2019, ThoughtSpot made a mark by generating a funding of $248M in its series E round. With the help of ThoughtSpot, all the leading organizations and independent business analysts can fetch trusted data or insights from the market's data with a single click. This is done by simply connecting with the on-premises, big data, cloud, or desktop source to pull out the vital information.
- QOMPLX
One of the fastest growing start-ups is QOMPLX. In the past 1 year, it got a lot of traction in the world market. There were several good deals that it achieved. This AI-oriented start-up turned business leader joined hands with Dun & Bradstreet to serve the defense on a contract basis, and they also raised funding of about £60 million in the past 8-9 months.
- CloudMinds
Founded back in 2015, CloudMinds is a service provider with a unique Cloud Robot Service Platform that consists of HARIX and functioning of AI. The technology can be determined from the fact that it is extensively used by people to automate and optimize various business processes and transformation of the world. CloudMinds gather and analyze the market data to help you improve the business. It now focuses on several technologies, including Human Augmentation, Smart Voice, Smart motion, and Smart Vision, to name a few.
- Digital Insights
Digital Insights is a to-be brand that offers research services to a lot of modern companies. They use ML and AI to collect the data and create a well-researched document for the companies. It helps them in knowing the right place to invest.
Conclusion
If you are also a start-up and looking for traction, you can consider integrating or simply investing time to understand AI. The integration of this technology can help you gain better results. If you are running an independent business, you can check this guide to learn how these startups promote and market themselves on social media to enhance their business.