AI startups have been emerging left and right over the past couple of years. With back-to-back tech breakthroughs – from automation, robotics, and Natural Language Processing (NLP), to Generative AI – up-and-coming companies are now quickly leveraging these modern advancements to revolutionize a multitude of industries across the globe.
Experts believe that the AI market will hit the $500 billion mark by the end of 2023 – a significant milestone in its global growth. What’s more, 28% of individuals express full trust and confidence in AI technologies, with an additional 42% stating that they generally embrace its presence and capabilities. Needless to say, these figures are just the tip of the iceberg as the AI revolution continues to gain momentum.
Today, 6 rising AI startups are poised to streamline workflows, optimize processes, and boost revenue generation for companies worldwide:
Novacy
Founders: Or Biderman, Uria Franko, Yair Giwnewer
Year Founded: 2022
A cutting-edge AI-driven behavioral intelligence platform, Novacy revolutionizes B2B revenue teams’ ability to close deals by delving into the intricacies of prospect perception. Leveraging advanced audio, text, and body language analysis, Novacy strives to bridge the gap between psychology and technology, equipping humans with unprecedented insights into their fellow humans.
Novacy empowers teams to not only comprehend but also anticipate and optimize their potential clients’ underlying sentiments. Armed with a profound understanding of their prospects’ driving forces, Novacy facilitates in fostering trust, establishing rapport, and cultivating lasting relationships with prospects by uncovering the unspoken thoughts that often remain concealed.
Arrow
Founders: Rolan Reichel, Pablo Munoz De Cote
Founded In: 2018
Arrow simplifies the process for brands to automate their daily content posting with the power of AI, ensuring a seamless and efficient content strategy. For businesses aiming to establish and reinforce their credibility, the consistent sharing of captivating content daily remains paramount.
Arrow boasts an extensive library comprising 50,000 diverse business content sources that span across more than 400 industries. This wealth of resources offers a treasure trove of value-added, engaging content, ranging from up-to-the-minute news updates to compelling thought leadership pieces.
Rad AI
Founders: Dr. Jeff Chang, Doktor Gurson
Founded In: 2018
Made for radiologists by radiologists, Rad AI empowers these medical experts with the prowess of artificial intelligence, effectively saving them valuable time, mitigating burnout, and ultimately enhancing the quality of patient care. Its primary objective centers around automating critical processes within radiology and the broader healthcare system.
Co-Founder Dr. Jeff Chang embarked on a journey of graduate studies in machine learning, seeking innovative ways in which AI could improve the lives of radiologists. Along this path, Jeff crossed paths with co-founder Doktor Gurson, a seasoned entrepreneur with profound technological expertise. It was at this pivotal juncture that the concept of Rad AI was born, at the intersection of radiology and the visionary idea of AI serving as a virtual assistant.
People.AI
Founders: Oleg Rogynskyy
Founded In: 2016
A transformative tool that eliminates the wasteful pursuit of unproductive leads, the People.AI enterprise revenue intelligence platform accelerates complex enterprise sales cycles for teams by guiding them to engage with the most relevant individuals within their target accounts.
The platform’s overarching mission is to empower companies to drive rapid growth, increase revenue, and foster innovation. It is firmly grounded in the understanding that these goals can only be achieved when sales teams are effectively connecting with the right individuals within the right accounts. Their dataset encompasses over 1 trillion sales activities, millions of deals, 160 million business contacts, and a portfolio of 69 approved patents related to AI-based business insights.
AEye
Founders: Luis Dussan
Founded In: 2013
A groundbreaking software-defined lidar solution, AEye is at the forefront of driving advancements in various sectors, including advanced driver-assistance systems, autonomous vehicles, smart infrastructure, logistics, and off-highway applications. These innovations not only enhance safety but also shape the future of transportation and mobility.
The 4Sight™ Intelligent Sensing Platform by AEye, equipped with its adaptive sensor-based operating system, prioritizes the essential aspects of sensing, aiming to provide faster, more precise, and dependable information. The 4Sight™ product line, built upon this innovative platform, is particularly well-suited for dynamic applications where precise measurement and imaging are crucial for ensuring safety and optimal performance.
Moveworks
Founders: Bhavin Shah, Vaibhav Nivargi, Jiang Chen, Varun Singh
Founded In: 2016
The Moveworks generative AI platform is a game-changer for enhancing employee productivity, seamlessly surfacing information, and automating tasks using the power of natural language.
Enterprises benefit from Moveworks by gaining access to a conversational interface that effortlessly integrates with all systems, whether it’s Microsoft, Workday, Salesforce, or others. Driven by state-of-the-art machine learning models comparable to GPT-class technology, the Moveworks platform adapts and comprehends the distinctive language of your organization, effectively tackling a multitude of use cases.
