CB Insights Unveils Second Annual AI 100 Companies at A-ha!

SAN FRANCISCO, Dec. 12, 2017 /PRNewswire/ -- CB Insights today named SparkCognition to the prestigious AI 100, a select group of promising private companies working on groundbreaking artificial intelligence technology. CB Insights CEO and co-founder Anand Sanwal will reveal the full list of the second annual AI 100 companies at the A-ha! conference in San Francisco.

"Last year's AI 100 enjoyed amazing success in the year since earning this recognition. 55 of them went onto raise additional funding nearing $2B and 5 were acquired." 

"This year's list was culled from 1000+ applications and looks even more impressive. These are companies using artificial intelligence in industries from drug discovery and cybersecurity to robotics and legal tech.  I'm happy that CB Insights is able to shine a light on the founders and companies that will revolutionize these industries and look forward to seeing what they do in 2018 and beyond." said CB Insights CEO Anand Sanwal.

The CB Insights research team selected the AI 100 companies based on criteria, examining company-submitted data and the company's Mosaic Score. The Mosaic Score, based on CB Insights' National Science Foundation-funded algorithm, measures the overall health and growth potential of private companies. Through this evidence-based, statistically-driven approach, the Mosaic Score can help predict a company's momentum, market health and financial viability.

"We are honored to be named to CB Insights AI 100 for the second year," said Amir Husain, Founder & CEO of SparkCognition. "As a company devoted to advancing the art and science of artificial intelligence, we're proud to be deploying leading AI solutions for our customers and partners. The past year has been marked by significant growth on all fronts, and we look forward to continuing the trend in 2018."

Companies such as Zoox, Shield AI, Zest Finance, Dynamic Yield, and Appier joined SparkCognition in being recognized for their innovative technology in front of an audience of 400 senior innovation executives from around the world and news outlets including The Financial Times, CNBC, Reuters, Bloomberg, and the Washington Post.

As a distinguished leader in artificial intelligence, SparkCognition builds AI solutions for applications in oil and gas, utilities, manufacturing, finance, aerospace, telecommunications, defense, and security. Through an oversubscribed initial series B round, SparkCognition received more VC funding in 2017 than any other company in Austin, was recently named the Fastest Growing Company in Central Texas by the Austin Business Journal, and ranked 20^th on the 2017 CNBC Disruptor 50 list. The company has continued adding customers and partners to an already impressive list including Mitsubishi Hitachi Power Systems, Boeing, Flowserve, Dover Energy Automation, Honeywell, the US DOE, and DIUx, among others.

Quick facts on the AI 100:

• These 100 emerging private companies have raised $6.6B across 99 deals in 2017.
• Applications of their technology include breakthroughs in fintech, digital health, auto tech, robotics, and much more.
• More than 1,000 companies were nominated or applied and only 9% were selected.
• Eleven AI 100 companies have reached a valuation of $1B or more.
• Thirty-three companies on the list were also on the list for 2017, with 67 new companies making it for 2018.
• Nine countries are represented among the AI 100 companies.

The AI 100 Companies (in alphabetical order):

About CB Insights
Our team builds technology that helps corporations guess less and win more. We aggregate and analyze terabytes of data and use machine learning, algorithms and data visualization to help corporations replace the three Gs (Google searches, gut instinct and guys with MBAs*) so they can answer massive strategic questions using probability not punditry.

*We have MBAs.

Contact:
Farrah Kim, Senior Public Relations & Communications Manager
[email protected]
212-292-3148

For more information about the AI 100, visit:
https://www.cbinsights.com/research-ai100

To learn more about A-ha!, go here: http://events.cbinsights.com/aha

About SparkCognition
SparkCognition is a global leader in cognitive computing analytics. A highly awarded company recognized for cutting-edge technology, SparkCognition develops AI-powered software for the safety, security, and reliability of IT, OT, and the IoT. The company has business-critical AI enterprise solutions in place for customers in energy, oil and gas, manufacturing, finance, aerospace, defense, telecommunications, and security. For more information on the company, its technology and team, please visit http://www.sparkcognition.com.

Press inquiries to: 
John King 
SparkCognition
512-956-5491 
[email protected]

SOURCE SparkCognition

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