The 2022 Digital Health 150 cohort has raised approximately $5.6B in aggregate funding across 378 deals since 2017 and includes startups at different investment stages of development, from early-stage companies to well-funded unicorns.

Winners are focusing on everything from reimagining clinical care, to making healthcare more accessible for underserved populations, to leveraging tech like AR/VR to improve surgical training.

These 150 winners were selected from a pool of over 13,000 companies, including applicants and nominees.

They were chosen based on several factors, including data submitted by the companies, proprietary Mosaic scores, company business models and momentum in the market, funding, business relationships, investor profiles, competitive positioning, tech novelty, and more. CB Insights’ research team also reviewed over 3,000 Analyst Briefings submitted by applicants.

Clients can access the entire Digital Health 150 list and interactive Collection here. (If you don’t have a CB Insights login, create one here.)

Companies are categorized by their primary focus area and client base. Categories in the market map are not mutually exclusive. Please click to enlarge.

Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so that our analysts can better understand your products, customers, and market traction.

DIGITAL HEALTH 150 COHORT HIGHLIGHTS

• Few repeat winners: Around 90% of this year’s winning cohort did not appear on last year’s list. This high proportion of new winners partially stems from a flood of M&A and IPO activity in 2021, which saw record exits in the digital health space. Multi-year winners like Xealth, Redox, and Maven Clinic have contended with economic pressures to earn their place once again.
• Global representation grows: Winners in this year’s Digital Health 150 span 18 countries across 5 continents. A quarter (25%) are headquartered outside of the US — the most in the history of our list. While the US still leads, the UK comes in second with 9 winners, followed by Canada with 5 and Brazil with 3.
• Focus on diagnostics: The screening, monitoring, & diagnostics category leads with 29 companies, accounting for nearly one-fifth of the Digital Health 150. Notable winners here include mobile skin lesion analytics provider Skin Analytics, vocal biomarkers companies Ellipsis Health and Kintsugi, and concussion monitoring solution Prevent Biometrics. This category is followed by interoperability, data, & analytics (12% of the winners), virtual care (11%), and digital front door & patient engagement (11%).
• Funding leaders: Since 2017, this year’s Digital Health 150 winners have raised around $5.6B in equity funding across 378 deals (as of 11/16/22). This includes $1.6B raised across 85 deals in 2022 YTD alone. The top 3 companies by all-time total equity funding raised are SWORD Health, Maven Clinic, and Viz.ai.
• Unicorn slowdown: This year’s list includes only 5 unicorns with a $1B+ valuation, around 3% of the total list. For comparison, last year’s list contained 17. This tracks with a broader drop in new unicorns across sectors in 2022.
• Top investors: General Catalyst is the most active investor in this year’s Digital Health 150 companies, having backed 13 of this year’s winners since 2017, including Homeward, Equip, Casana, and SWORD Health. Insight Partners is next with 10, followed by 7wire Ventures and Plug and Play Ventures with 6 each.
• Early-stage innovation: Nearly half of our winners are companies in earlier stages of development (incubator, angel/seed, or Series A). Players here include Vori Health, which provides hybrid (virtual and in-person) musculoskeletal care, and Janus Health, which provides process analysis, process improvement, and intelligent automation tools for revenue cycle management.

THE DIGITAL HEALTH 150 CLASS OF 2021: WHERE ARE THEY NOW?

Since January 2022, the 2021 Digital Health 150 winners have posted a number of accomplishments, including:

• More than $2.5B in new equity funding (as of 11/16/22).
• 9 new mega-rounds ($100M+), including a $325M round to home kidney care provider Somatus.
• 2 exits: 1 IPO and 1 acquisition.
• 4 new entrants to the $1B+ unicorn club, including Clarify Health and Transcarent.

If you want to learn more about the Digital Health 150 Class of 2021, check out the full list of previous winners.

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Some of this year’s winners are building safer and more efficient ways to send and receive payments. Others are striving to make banking, loans, mobile wallets, and investing products available to historically underserved populations all over the world. 

Using the CB Insights platform, our research team selected these 250 winners from a pool of over 12,500 eligible private companies, including applicants and nominees. They were chosen based on factors including proprietary Mosaic scores, funding, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed over 2,000 Analyst Briefings submitted by applicants. 

Clients can access the entire Fintech 250 list and interactive Expert Collection here. (If you don’t have a CB Insights login, create one here.)

Companies are categorized by their primary focus area and client base. Categories in the market map are not mutually exclusive. Please click to enlarge.

Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so that our analysts can better understand your products, customers, and market traction.

FINTECH 250 COHORT HIGHLIGHTS

Below are a few highlights from the Fintech 250 Class of 2022.

New vs. repeat winners: Nearly two-thirds (64%) of this year’s cohort are repeat winners: 144 were on last year’s list and 16 have made their way back onto the list after winning in a prior year. That leaves only 90 new winners (36% of the list), the fewest ever since we started the Fintech 250. 

Why is the new winner cohort so small? In the past, many winners would exit via IPO or M&A and lose eligibility for the list. Today, fintech leaders are staying private longer, especially amid this year’s market turmoil. This has allowed them to retain their eligibility through multiple list rounds. Additionally, factors such as rising inflation, interest rate hikes, and struggling public tech stocks have made it more difficult for new entrants to make a splash in the already maturing fintech market. 

Some of the biggest names in the industry, like Stripe and Klarna, have certainly faced their fair share of obstacles, including layoffs and valuation cuts. But when analyzing the data — including revenue, number of customers and customer growth, partnerships, and equity funding — most of these better-established fintech leaders remain on top.

Global reach: Globalization is a key theme for this year’s Fintech 250. The winners represent 33 different countries (by headquarters location) across the globe — 7 more than last year. Just over half (53%) of the selected companies are headquartered in the US, which is the fewest we’ve seen in the Fintech 250 since 2017. The UK came in second with 31 winners (12%), followed by India with 14 (6%), Brazil with 9 (4%), and Germany with 7 (3%).

Stemming from the broader theme of globalization comes localization — the practice of serving local markets and regions. This is a strong focus for winners in emerging markets like India, South America (11 winners, 4%), and Africa (6 winners, 2%).

For example, 3 of this year’s first-time winners are building payment networks in Africa: MFS Africa, TeamApt, and Paga.

B2B vs. B2C: About two-thirds (64%) of this year’s Fintech 250 are B2B, and 36% are B2C. The B2B-B2C split represents a broader shift in market sentiment away from consumer-facing fintechs. This has been driven in part by reports released this year citing the lack of neobank profitability as well as the visible struggle of public B2C fintech stocks like Robinhood, Coinbase, Affirm, and NuBank.

The largest B2B fintech winners by valuation are Stripe ($74B internal valuation), Checkout.com ($40B), Plaid ($13.5B), and Brex ($12.3B).

Most-represented categories: The fintech categories comprising the most winners are payments processing & networks with 33 (13%), insurance with 25 (10%), cryptocurrency with 24 (10%), core banking & infrastructure with 19 (8%), and retail investing & wealth management with 17 (7%).

This marks payments processing & networks’ second straight year as the top category by number of winners. This category includes B2B providers of e-commerce and point-of-sale (POS) payments processing, APIs, payouts, cross-border payments, and more. It also tied with cryptocurrency for the most new winners at 11. Notable new Fintech 250 champions in the payments processing & networks space include card reader and POS system provider SumUp, gaming payments platform Coda Payments, and Brazil-based CloudWalk (the developer of POS solution InfinitePay).  

All but one of this year’s insurance winners were also featured in our inaugural Insurtech 50, published in June 2022. The category includes companies selling insurance products and services directly to customers (i.e., individuals or businesses buying an insurance policy), like Digit Insurance in India and SMB-focused Next Insurance. It also includes companies like Cambridge Mobile Telematics and Shift, which sell technology to reinsurers and insurance brokers.

Despite the crypto market downturn this year, startups in the space still account for a significant share of this year’s Fintech 250 list. Data on funding, top investor support, revenue, and business relationships still point to the long-term momentum of these companies. Notable players include crypto exchange Binance as well as Web3 infrastructure providers ConsenSys and Fireblocks.

Overall funding & valuation trends: The Fintech 250 cohort has raised over $115B in equity funding across over 1,100 deals since the start of 2017 (as of 9/20/2022). In 2021 alone, winners raised over $51B across 337 equity deals. That’s an average of more than one funding round per company in a single year.

The top 3 winners by total equity funding raised since 2017 are Ant Group (who’s had to delay an IPO due to Chinese government regulations), Klarna, and Chime.

This year’s list includes 159 unicorns with a $1B+ valuation — almost two-thirds (64%) of the total list. While that stat definitely jumps off the page, it’s a little less shocking when you consider that there were a total of 297 fintech unicorns in the world at the end of Q2’22.

Top investors: Tiger Global is the top investor in this year’s Fintech 250 by a significant margin, having backed equity deals to 45 of the winners, including Stripe, Checkout.com, and Revolut, since 2017. Accel is second with 29 companies in its portfolio, followed by Ribbit Capital with 27.

Innovation at the earlier stages: Thirty-two (13%) of our winners are seed, Series A, or Series B startups.

To highlight a few, MoonPay provides fiat-to-crypto on- and off-ramps for crypto and NFT businesses, enabling them to accept traditional payment methods. International insurtech bolttech is building a global insurance exchange that connects insurers, distribution partners, and customers, to change the way insurance is bought and sold. Finally, StockGro is an India-based social investing app that allows users to invest virtual money to learn about stocks, play games, and win rewards.

THE FINTECH 250 CLASS OF 2021: WHERE ARE THEY NOW?

Since the start of October 2021, the 2021 Fintech 250 winners have posted a number of accomplishments, including:

• Nearly $20B in equity funding raised across 150+ deals (as of 09/20/2022)
• 68 mega-rounds (deals worth $100M+), including a $1B Series D to payments platform Checkout.com
• 5 exits, including 3 acquisitions and 2 IPOs (AvidXchange and Nubank)
• 20 new entrants to the $1B+ unicorn club, including Alchemy, Cross River Bank, and Qonto

If you want to learn more about the Fintech 250 Class of 2021, check out the full list of previous winners.

The post The Fintech 250: The most promising fintech companies of 2022 appeared first on CB Insights Research.

Some of this year’s winners aim to provide robotic systems to help manufacturers increase productivity and reduce labor costs. Others are developing advanced analytics that will allow manufacturers to maximize the efficiency and quality of their processes, systems, equipment, and more.

Using the CB Insights platform, our research team picked these 50 private market vendors from a pool of over 6K companies, including applicants and nominees. They were chosen based on factors including R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed hundreds of Analyst Briefings submitted by applicants.

Clients can access the entire Advanced Manufacturing 50 list and interactive Expert Collection here. (If you don’t have a CB Insights login, create one here.)

Companies are categorized by their primary focus area and client base. Categories in the market map are not mutually exclusive. Please click to enlarge.

Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so that our analysts can better understand your products, customers, and market traction.

TOP ADVANCED MANUFACTURING COMPANIES 2022: ADVANCED MANUFACTURING 50 COHORT HIGHLIGHTS

Below are a few highlights from the Advanced Manufacturing 50 Class of 2022.

Overall funding & valuation trends: The Advanced Manufacturing 50 includes a wide range of companies at different stages of maturity, product development, and funding.

Overall, the cohort has raised $6.9B+ from 369 disclosed investors, across 177 equity deals since 2017 (as of 7/20/22). In 2021 alone, companies in this cohort raised over $3.7B across 46 deals. This year’s list includes 12 unicorns with a $1B+ valuation.

Global reach: This year’s winners represent 13 different countries across the globe. Twenty-seven of the selected companies (54%) are headquartered in the US. Germany and Canada tied for second, with 4 winners (8%) each.

Other countries home to at least one winner on this year’s list include India, China, France, South Korea, Finland, Japan, the Netherlands, Norway, South Africa, and the United Kingdom. (Note: This geographical breakdown does not account for companies with multiple global headquarters.)

Top investors: The top investor in this year’s cohort is Accel, as it has backed 5 winners since 2017. Insight Partners and next47 tied for second — each has backed 4 winners over the same time period. 

Innovation at earlier stages: Nineteen (38%) of our winners are Series A or Series B companies with promising product ideas.

To highlight a couple, Landing AI provides a platform designed to help industrial organizations create and deploy computer vision applications for visual inspection. South Africa-based DataProphet utilizes AI to collect data from across factory floor sources, like production equipment and internet of things (IoT) sensors, in order to find process efficiencies.

Most represented categories: Among the categories highlighted on this map, factory analytics & AI holds the largest share (16%) of our winning cohort. The 8 companies featured in this category are focused on developing analytics solutions that increase production efficiency, output, and quality for manufacturers. Companies like Seeq and MakinaRocks provide data-driven insights to guide process optimization, by leveraging AI and real-time production monitoring to analyze past and present data streams.

Robots & collaborative robots (cobots) came in second with 12% of our winning cohort. The 6 companies featured in this category offer robotic hardware and software solutions that support process automation and maximize worker productivity. Some companies in this space, like Rokae, are developing a cross-industry range of robotic systems, including software, control arms, and cobots. Others maintain a more specific focus — for example, Exotec offers industrial robots for manufacturing logistics and warehousing.

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Some of this year’s winners are aiming to provide a better digital insurance experience for customers looking to buy life, health, and P&C insurance products. Others are developing technology to help insurers improve their underwriting, claims, distribution, and other internal operations — empowering them to provide a better insurance experience. 

Using the CB Insights platform, our research team picked these 50 private market vendors from a pool of over 2K companies, including applicants and nominees. They were chosen based on factors including R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed hundreds of Analyst Briefings submitted by applicants.

Clients can access the entire Insurtech 50 list and interactive Expert Collection here. (If you don’t have a CB Insights login, create one here.)

Companies are categorized by their primary focus area and client base. Categories in the market map are not mutually exclusive. Please click to enlarge.

Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so that our analysts can better understand your products, customers, and market traction.

TOP INSURTECH COMPANIES 2022: INSURTECH 50 COHORT HIGHLIGHTS

We split this year’s cohort into 2 broad categories:

• B2B: Twenty-three winners operate in the B2B space, meaning they sell technology to (re)insurers and insurance brokers. Companies in this section are using new data, advanced analytics, and other emerging technologies to drive efficiencies and better customer experiences in insurance and risk management operations.
  
• B2C: Just over half of the Insurtech 50 cohort are considered B2C companies, meaning they sell insurance products and services directly to customers (i.e., individuals or businesses buying an insurance policy). While business models may differ — as some companies in this group underwrite policies themselves while others act more as agents or lead gen intermediaries on behalf of other insurers — all companies in this section have a customer-facing value proposition. 

Below are a few highlights from the Insurtech 50 Class of 2022.

Overall funding & valuation trends: The Insurtech 50 includes a mix of companies at different stages of maturity, product development, and funding.

Overall, the cohort has raised $11B+ from over 400 disclosed investors, across 215 equity deals, since 2017 (as of 6/10/22). In 2021 alone, companies from this cohort raised $5.5B across 55 deals. This year’s list includes 20 unicorns with a $1B+ valuation. 

Global reach: This year’s winners represent 10 different countries across the globe. Thirty-one of the selected companies are headquartered in the US. The United Kingdom came in second with 5 winners, followed closely by France with 4 winners and India with 3.

Other countries home to a winner/winners on this year’s list include Germany, the Netherlands, Switzerland, Singapore, Chile, and Australia. (Note: This geographical breakdown does not account for companies with multiple global headquarters.)

Innovation at the earlier stages: Fourteen of our winners are Series A or Series B companies with promising product ideas.

To highlight a couple, EvolutionIQ brings together structured and unstructured internal claims data with external third-party data to enable insurers to handle claims more quickly and accurately. Paris-based Descartes Underwriting collects a variety of data — including satellite images, IoT sensor data, and sonar data — to build parametric insurance products for climate change-related perils.  

Most-represented categories: Among the categories highlighted on this map, home & auto holds the largest share of our winning cohort. The 9 companies featured in this category are focused on selling home and/or auto insurance directly to customers. While some offer their own insurance products (e.g., Branch, whose policies are reinsured by SCOR), others like The Zebra enable customers to shop and compare products from a variety of different insurers. 

On the B2B side, data & analytics holds the largest share of our winning cohort. The 7 companies featured in this category are focused on obtaining new data and building advanced analytical models to help insurers better understand their customers and the risks they face. Companies in this space like dacadoo are building out health scores enabling life insurers to better underwrite, and some like CLARA Analytics even recommend the right lawyer to minimize workers’ compensation litigation costs.

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Some of this year’s winners are advancing the development and use of artificial intelligence (AI) across specific industries — such as healthcare, gaming, and agriculture. On the other hand, some are developing applications to support sales, engineering design, cybersecurity, and other functions across a wide range of industries.

Additionally, a sizable portion of the companies in this cohort are developing tools, like machine learning (ML) platforms, to support AI development.

Using the CB Insights platform, our research team picked these 100 private market vendors from a pool of over 7K companies, including applicants and nominees. They were chosen based on factors including R&D activity, proprietary Mosaic scores, market potential, business relationships, investor profile, news sentiment analysis, competitive landscape, team strength, and tech novelty. The research team also reviewed thousands of Analyst Briefings submitted by applicants.

Clients can access the entire AI 100 list and interactive Expert Collection here. (If you don’t have a CB Insights login, create one here.)

Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so that our analysts can better understand your products, customers, and market traction.

Companies are categorized by their primary focus area and client base. Categories in the market map are not mutually exclusive.

Please click to enlarge.

Table of contents

• Top AI companies 2022: AI 100 cohort highlights
• The AI 100 Class of 2021: Where are they now? 

Top Ai companies 2022: AI 100 cohort highlights

We split this year’s cohort into 3 broad categories:

• AI development tools: Nearly one-third of the companies in this year’s cohort are working on solutions to support the management of various stages of the AI lifecycle, from data annotation to model training to model monitoring for algorithmic bias.
• Industry-specific applications: Forty-three of the winners are focused on applying AI to use cases specific to different industries, such as gaming, healthcare, and construction.
• Cross-industry applications: Vendors here are developing solutions that can be utilized across multiple industries, including warehouse & logistics robots, sales & contact center tech, and engineering design tools.

Below are a few highlights from the AI 100 Class of 2022.

Overall funding & valuation trends: The AI 100 includes a mix of companies at different stages of maturity, product development, and funding.

Overall, the cohort has raised $12B+ from 650 investors, across 300+ equity deals, since 2017 (as of 5/10/22). This year’s list includes 16 unicorns with a $1B+ valuation. (Note: Neither unicorn status nor the total amount of funding raised were included among the selection criteria for this year’s list.)

Global reach: This year’s winners represent 10 different countries across the globe. Seventy-three of the selected companies are headquartered in the US. The UK came in second with 8 winners, and Canada followed closely with 5.

Other countries home to a winner/winners on this year’s list include India, Sweden, China, and Germany. (Note: This geographical breakdown does not account for companies with multiple global headquarters.)

Early-stage innovation: Thirty-nine of our winners are seed/angel or Series A companies with promising product ideas.

To highlight a couple, GGWP, which was co-founded by former professional gamer Dennis Fong, is combating toxicity in online gaming. You.com has brought together a team of research scientists with experience at Salesforce and Stanford in order to develop a search engine that enables users to compare and sort results. 

Most-represented categories: Among the core industries highlighted on this map, healthcare holds the largest share of our winning cohort. The 10 companies featured in this category are focused on surgical tech (ACTIV Surgical), drug discovery for rare diseases (Healx), and more. Finance & insurance came in second with 7 winners, including vendors working on visual damage appraisal for cars (Tractable) and synthetic & anonymized financial datasets (Hazy).

Novel applications: A number of companies on this year’s list are working on niche applications where the use of AI is not commonplace yet.

To name a few, Whisper is developing sound separation tech to improve hearing aid performance. Notably, the company’s head of hardware engineering was previously a hardware engineer for Apple AirPods. Canvas Construction — founded by individuals with experience at Boston Dynamics and the MIT Lincoln Laboratory — is focused on AI-driven robotics for drywall finishing in the construction industry. Agility Robotics, on the other hand, is developing humanoid robots for warehouse and logistics use cases.

the AI 100 class of 2021: where are they now?

The 2021 AI 100 winners have accomplished a great deal since April 2021. Together, they have seen:

• Over $6B in equity funding across 70+ deals
• 20 mega-rounds (deals worth $100M+), including a $600M round to an AI chip developer
• 9 exits, with some winners being acquired by tech leaders like Meta and Nvidia
• 6 new entrants to the $1B+ unicorn club
• A plethora of new partnerships with industry leaders like Geico, Cisco, and Snowflake

If you want to learn more about the AI 100 Class of 2021, check out the full list of previous winners.

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The winning cohort worked on a wide array of applications, from drug R&D and hospital revenue cycle management to autonomous beekeeping and municipal waste sortation — highlighting the breadth and depth of AI’s impact across industries.

Since then, the AI 100 2021 cohort has gone on to do big things.

Here’s what they’ve achieved since April 2021:

• Nearly $6B in equity funding across 60+ deals — with an average deal size more than 5x that of the broader venture market
• 18 mega-rounds (deals worth $100M+), including a $600M round to an AI chip developer
• 9 exits, with winners being acquired by tech leaders like Meta and Nvidia
• 5 new entrants to the $1B+ unicorn club
• A plethora of new partnerships with industry leaders like Geico, Cisco, and Snowflake

Below, we look at how the 2021 cohort has fared since being selected to the AI 100.

FUNDING

Since April 2021, 50% of the winning startups disclosed equity rounds, amounting to $5.8B raised across 64 deals. During that time:

• Average deal size has clocked in at $108M, more than 5x the average deal size across venture in Q1’22.
• 17 startups have raised a total of 18 $100M+ mega-rounds, for a combined total of nearly $4.5B.
• The largest deal went to Horizon Robotics, which raised a $600M Series C at a $5B valuation.

Across all of 2021, the AI 100 cohort raised a record 7.3B, up 74% YoY.

EXITS

Nine AI 100 winners have exited in the past year, including both public exits and acquisitions. Since April 2021:

• 4 startups have been acquired by companies ranging from Meta to Nvidia to DataRobot. For instance, Facebook parent Meta acquired AI 100 winner AI.Reverie, which generates synthetic data, in October 2021. This is the third year in a row Meta has purchased an AI 100 winner.
• 4 startups IPO’d. The largest was SentinelOne, which debuted at an $8.9B valuation.
• Autonomous driving company Aurora went public via SPAC at an $11B valuation.

UNICORNS

On top of the existing 12 unicorns in the AI 100, five more startups became billion-dollars companies: 

• Cresta, which uses speech recognition and AI to monitor call center conversations and guide agents. In March 2022, Cresta raised an $80M Series C at a $1.6B valuation from investors such as Andreessen Horowitz and Tiger Global, as well as contact center software companies Five9 and Genesys.
• TensTorrent, which develops chips and hardware to run deep learning systems. In May 2021, it raised a $200M Series B led by Fidelity at a $1B valuation.
• Owkin, which uses federated learning, a privacy-preserving technique, to build and train AI models that predict how patients will respond to treatments. The startup raised a $180M Series B from Sanofi Ventures at a $1B valuation in November 2021.
• Weights & Biases, which offers a platform for developers to more efficiently build machine learning models. In October 2021, Weights & Biases raised a $135M Series C from at a $1B valuation from Coatue Management, Insight Partners, and Felicis, among others.
  
• Tractable, which uses computer vision to rapidly appraise pictures of vehicle or home damage for insurance claims. It raised a $60M Series D co-led by Insight Partners and Georgian Partners at a $1B valuation.

Partnerships

Many of the winning companies have forged new strategic partnerships or client relationships since being selected to the AI 100. For example:

• Tractable added clients like Geico, Root Insurance, Covea, and Duck Creek Technologies, among others.
• Cresta added 2 major partners: Genesys and Five9, both of which backed its Series C.
• KoBold Metals, which uses machine learning to analyze geological data and predict promising mining sites, partnered with mining incumbents BHP and Bluejay Mining.
• AI-powered cybersecurity startup Securiti added Cisco and Snowflake as partners. The startup is helping both businesses protect against vulnerabilities in the cloud.

The post The top 100 AI startups of 2021: Where are they now? appeared first on CB Insights Research.

The 2022 Retail Tech 100 cohort has raised approximately $25.4B in equity funding across 373 deals since 2017. The list includes startups at different investment stages of development, from early-stage companies to well-funded unicorns.

The companies were selected by CB Insights’ Intelligence Unit from a pool of over 7,000 companies, including applicants and nominees.

They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.

Clients can access the entire Retail Tech 100 list and interactive Collection here. (If you don’t have a CB Insights login, create one here.)

Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so that our analysts can better understand your products, customers, and market traction.

The market map above categorizes the Retail Tech 100 companies based on core area of focus. Categories are not mutually exclusive. Companies are private as of 2/23/22.

Table of contents

• Top retail tech companies 2022: Retail Tech 100 investment trends
• Category highlights
• Categories & most well-funded startups
• The Retail Tech 100 Class of 2020: Where are they now?

TOP RETAIL TECH COMPANIES 2022: RETAIL TECH 100 INVESTMENT TRENDS

• Funding trends: In 2021, these 100 private companies raised $13.1B in equity funding across 109 deals, triple the amount raised in 2020. So far in 2022, they have raised $2.3B across 15 deals (as of 3/8/22).
• Future market leaders: Nearly two-thirds of the companies on the list are early- or mid-stage companies. There are 20 early-stage companies (seed/angel and Series A) and 43 mid-stage firms (Series B or Series C) in this year’s cohort. The early-stage grouping includes Immerss and Obsess, which power virtual shopping experiences via video chat and virtual stores, as well as Halla and Constructor.io, which both make tech focused on hyper-personalizing online shopping.
• Global reach: 40% of the 2022 Retail Tech 100 is based outside the US. After the US, the UK and India follow with 6 companies each. Overall, this year’s winners span 19 countries, including Singapore, Australia, China, and the Netherlands. Companies from emerging markets where informal retail is still dominant — like India, Indonesia, the Philippines, and Mexico — are notable additions to this year’s list, as their inclusion indicates that tech companies in locations like these are making progress toward digitizing retail operations.
• Unicorns: Thirty-six of the 100 companies (36%) are valued at or above $1B as of their latest funding rounds. Among the most recently crowned are Scandit, which makes mobile computer vision technology for use across store operations; Fabric, which maintains small robotic fulfillment centers that are utilized by Walmart and Instacart; and Singapore-based Ninja Van, a provider of last-mile delivery services for companies in Southeast Asia.
• Top investors: Salesforce Ventures is the most active investor in this year’s Retail Tech 100, having made investments in 10 companies across 19 deals since 2017. Tiger Global Management and Insight Partners, which have both invested in 9 companies on the list, are tied for second. Among Salesforce’s investments is a Series B round for ThreeKit, which makes 3D content for e-commerce sites, in November 2021.
• Most well-funded companies: The biggest rounds of the year went to BNPL giant Klarna, which closed a $1B growth equity deal in March 2021, and online checkout player Mollie, which raised $800M in Series C funding in June 2021. Klarna is also the most well-funded company among the Retail Tech 100, having raised over $3B in funding. Autonomous delivery company Nuro follows with $2.1B in total funding.

Clients can access all 100 companies on the CB Insights platform here. 

CATEGORY HIGHLIGHTS

The biggest categories in this year’s cohort point to the tech markets and areas of focus that will continue to gain momentum in 2022. 

• Omnichannel tech stands out: The categories tied for most companies (13) in this year’s cohort — payments & fraud protection solutions and merchandising & inventory management — highlight solutions that digitize, automate, and simplify processes across in-store and online channels.
  
  The companies in the 2 groups also highlight one of this cohort’s cross-category themes: the movement to digitize informal retail in emerging markets. Clip, CloudWalk, PayMongo, and Xendit, for instance, make it possible for small businesses in Latin America and Southeast Asia to accept digital payments. Meanwhile, platforms like ElasticRun and Udaan are simplifying and digitizing inventory procurement for small retailers in India.
• E-commerce innovation continues: The e-commerce infrastructure category comes in second place with 12 companies. The group includes everything from headless tech providers to fast checkout platforms.
  
  Shopify’s continued strength is reflected by the rise of Shogun Labs and Tapcart, which both specialize in helping businesses integrate with the giant’s e-commerce platform. Meanwhile, the inclusion of Boson Protocol, a company that powers decentralized commerce protocols, points to the potential for virtual goods and the metaverse to play a larger role in commerce.
  
  Meanwhile, the activity demonstrated by the 7 companies in the online marketplace and platforms tech category highlights the growing impact of marketplaces on brands and retailers. In particular, white-label resale platforms Archive and Trove will gain traction as consumer appetite for recommerce continues to grow.
  
  Overall, providers of tech that plays any role in enabling e-commerce make up nearly 40% of this year’s cohort (39 companies).
• Workforce tools elevate store tech: The store operations and analytics category features 10 companies digitizing and automating processes around the store. Tech that improves the retailer-store associate relationship will remain crucial as labor shortages continue to pose a challenge. Zipline, YOOBIC, and Legion all help retailers communicate with employees, while DailyPay gives hourly workers easier access to their wages.
• Small businesses get a boost: The 10 companies in the e-commerce fulfillment & logistics category all play a role in helping merchants fill and ship e-commerce orders faster and more efficiently. A few of the companies target the needs of small online businesses, whose fulfillment needs continue to grow with the acceleration of e-commerce growth. ShipBob, for instance, serves direct-to-consumer brands with its fulfillment and shipping network. Shadowfax specializes in hyperlocal delivery for small retailers in India.

CATEGORIES AND MOST WELL-FUNDED STARTUPs

THE RETAIL TECH 100 CLASS OF 2020: WHERE ARE THEY NOW?

The 2020 Retail Tech 100 winners have gone on to do big things since December 2020:

• 6 winners have gone public (5 via IPO and 1 via SPAC)
• 14 members of the list were acquired (including one winner that bought another)
• 19 more have become unicorns (bringing the total Retail Tech 100 2020 unicorn herd to 38)
• 59 raised additional equity funding, totaling $17.1B across 91 deals
• 36 winners raised 48 mega-rounds (deals worth $100M+), generating a total of $16.1B.

If you want to learn more about the Retail Tech 100 Class of 2020, check out the full list of previous winners.

The post The Retail Tech 100: The top retail tech companies of 2022 appeared first on CB Insights Research.

The 2022 Blockchain 50 cohort has raised $17.1B in aggregate funding across 216 deals since 2016 and includes startups at different investment stages of development, from early-stage companies to well-funded unicorns.

The companies were selected by CB Insights’ Intelligence Unit from a pool of over 3,000 companies, including applicants and nominees.

They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies. 

Clients can access the entire Blockchain 50 list and interactive Collection here. (If you don’t have a CB Insights login, create one here.)

Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so our analysts can better understand your products, customers, and market traction.

The market map above categorizes the Blockchain 50 companies based on core area of focus. Categories are not mutually exclusive.

Eligibility requirements for this year’s list include private companies that have raised equity funding and decentralized autonomous organizations (DAOs) that have raised capital through public or private token sales. The list excludes companies that have gone public via IPO or SPAC merger (as of 2/23/22). It also excludes companies that have been acquired, holding companies, and investment firms.

Table of contents

• Top Blockchain Companies 2022: Blockchain 50 Investment Highlights
• The 2022 Blockchain 50 Categories & Most Well-Funded Startups
• Previous Winners & Highlights From The 2020 Blockchain 50

TOP BLOCKCHAIN COMPANIES 2022: BLOCKCHAIN 50 INVESTMENT HIGHLIGHTS

• Unicorns: 31 of the 50 companies (62%) are valued at or above $1B as of their latest funding round.
• Funding trends: These 50 companies raised $13.2B in equity funding in 2021 across 83 deals (excluding token sales).
• Mega-rounds: In 2021, there were 41 mega-round ($100M+) equity investments to this year’s Blockchain 50, nearly half of the total deal count.
• Stage trends: 18% (9) of the 2022 Blockchain 50 are early-stage startups, where their latest funding round was an incubator/accelerator, angel, seed, or Series A round. 58% (29) are mid-stage (Series B or C) companies, 16% (8) are late-stage (Series D+, corporate minority, or growth equity), and 8% (4) last raised unattributed rounds.
• Global representation: This year’s winners are based in 15 countries, with 44% of the companies based outside of the US. After the US (28 companies), the UK is home to the second most Blockchain 50 companies (5), followed by Canada, France, Singapore, and Switzerland (all at 2).
• Category distribution: The top blockchain category by number of winners is infrastructure & development, with 8 companies (16%). Next is exchanges with 7 (14%), and then custody & wallet services and NFTs & gaming are tied with 6 (12%).
• Top investor: Coinbase Ventures is the most active investor in this year’s Blockchain 50, having invested in 16 of the 50 companies. Andreessen Horowitz is second with 14 companies.
• Top deals of 2021: FTX and NYDIG both raised $1B rounds in 2021.
• Most well-funded: FTX is the most well-funded company on the Blockchain 50 list, having raised approximately $1.8B of disclosed funding across 8 rounds since 2019.

Clients can access all 50 companies on the CB Insights platform here. 

THE 2022 BLOCKCHAIN 50 CATEGORIES & MOST WELL-FUNDED STARTUPS

PREVIOUS WINNERS & HIGHLIGHTS FROM THE 2020 BLOCKCHAIN 50

• Unicorns: 14 of the 2020 Blockchain 50 (28%) remained or have since become unicorns with a $1B+ valuation.
• Exits: 2 have gone public (Bakkt and Coinbase) and 5 have been acquired.
• Deals, funding, and mega-rounds: In 2021, the 2020 Blockchain 50 raised $4.7B in equity funding across 32 deals, including 17 mega-rounds.

If you want to learn more about the Blockchain 50 Class of 2020, check out the full list of last year’s winners and see where they are now.

The post The Blockchain 50: The top blockchain companies of 2022 appeared first on CB Insights Research.

The 2021 Digital Health 150 cohort has raised approximately $14.9B in aggregate funding across 522 deals since 2016 and includes startups at different investment stages of development, from early-stage companies to well-funded unicorns.

The companies were selected by CB Insights’ Intelligence Unit from a pool of over 11,000 companies, including applicants and nominees.

They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.

Clients can access the entire Digital Health 150 list and interactive Collection here. (If you don’t have a CB Insights login, create one here.)

Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so that our analysts can better understand your products, customers, and market traction.

The market map above categorizes the Digital Health 150 companies based on core area of focus. Categories are not mutually exclusive. Companies are private as of 11/10/21.

Table of contents

• Top Digital Health Companies 2021: Digital Health 150 Investment Highlights
• The 2021 Digital Health 150 Categories & Most Well-Funded Startups
• The Digital Health 150 Class Of 2020: Where Are They Now?

Top Digital Health Companies 2021: digital health 150 Investment Highlights

• Unicorns: 17 of the 150 companies (11%) are valued at or above $1B as of their latest funding rounds.
• Funding trends: In 2021 year-to-date (YTD), these 150 private companies have raised $9.2B in equity funding across 153 deals (as of 11/19/21).
• Mega-rounds: Since 2020, there have been 39 mega-round ($100M+) equity investments to this year’s Digital Health 150, with 31 (79%) of them taking place in 2021 YTD.
• Global representation: 23% of the 2021 Digital Health 150 are based outside the US. After the US, the UK is home to the most Digital Health 150 companies (9), followed by India (4). This year’s winners are based in 18 countries, including China, Israel, Nigeria, Germany, Argentina, and New Zealand.
• Top VC investor: General Catalyst is the most active investor in this year’s Digital Health 150 companies, having invested in 39 deals since 2016. Since 2020, General Catalyst has participated in 33 deals to this cohort of companies, including deals to Cityblock Health, Commure, Olive, and Transcarent. Tiger Global Management and Andreessen Horowitz follow, with 20 and 15 deals, respectively.
• Top deal of 2021: Olive, Cityblock Health, and Hinge Health are tied for the largest deals of the year, each having raised $400M in a late-stage equity deal.
• Most well-funded: Cityblock Health is the most well-funded company on the Digital Health 150 list, having raised $891M across 8 rounds since 2018.

Clients can access all 150 companies on the CB Insights platform here. 

THE 2021 DIGITAL HEALTH 150 CATEGORIES & MOST WELL-FUNDED STARTUPS

the Digital Health 150 Class Of 2020: Where Are They Now?

Since announcing the list in August 2020, the Digital Health 150 winners have gone on to do big things:

• 11 of the winners have gone public or announced plans to go public
• 10 have been acquired, while 2 have merged
• 35 are unicorns (private companies valued at $1B+), with an aggregate valuation of $103.9B
• 94 have raised additional equity funding, totaling $18.6B across 133 deals
• 24 winners have acquired a total of 44 companies between them
• The winners have announced over 250 partnerships

If you want to learn more about the Digital Health 150 Class of 2020, check out the full list of last year’s winners and see where they are now.

The post The Digital Health 150: The Top Digital Health Companies Of 2021 appeared first on CB Insights Research.

Since announcing the list in December 2020, the Blockchain 50 winners have kept busy. Here’s what they’ve achieved (as of October 2021):

• 2 of the winners have gone public
• 4 have been acquired
• 9 are unicorns (private companies valued at $1B+), with an aggregate valuation of $35.4B
• 23 (or 46%) have raised additional equity funding, totaling $3.3B across 29 deals
• 4 winners have acquired a total of 9 companies between them
• The winners have announced over 100 partnerships

Dig into all of the details below.

EXITS: 1 IPO, 1 SPAC, 4 M&A

Since the release of the Blockchain 50 in December 2020, two winners have gone public.

Bakkt announced a SPAC merger in January 2021 at a $2.1B valuation. The digital asset management platform completed the transaction and went public in October 2021.

Crypto exchange and wallet Coinbase made its public debut in April 2021 at a $65.3B valuation, making it one of the best VC-backed exits of all time. (We break down the huge profits that investors made off Coinbase’s IPO here.)

Four of the Blockchain 50 winners have been acquired since December 2020. Several were snapped up by major financial services players, which are using M&A to move into the crypto space. 

In March 2021, PayPal acquired Curv for $200M, integrating the digital asset security company into its recently launched, blockchain-focused business unit. PayPal and PayPal-owned Venmo have been steadily adding crypto-related features to their platforms since late 2020.

Meanwhile, Mastercard acquired CipherTrace, which provides blockchain security and fraud analytics, in September 2021 for an undisclosed sum. This complements the payments giant’s other recent moves in the space, including several partnerships with blockchain companies like BitPay and CoinJar.

Blockchain infrastructure developer Bison Trails was acquired by fellow Blockchain 50 winner Coinbase in January 2021, and BitGo was swept up by Galaxy Digital for $1.2B in May.

ACQUISITIONS: BLOCKCHAIN 50 WINNERS TARGET OTHER STARTUPS

Several Blockchain 50 winners have looked to acquire other startups to expand their product offerings and target new markets.

Among the 2020 winners, Coinbase has been the most acquisitive, with 4 acquisitions since publishing the list. Behind it is Gemini, with 3 acquisitions, and Bitmain Technologies and Chainalysis, each with 1.

FUNDING: WINNERS RAISE AN ADDITIONAL $3.3B AT A RECORD PACE

Since December 2020, 23 winners have raised a combined $3.3B across 29 deals. In 2021, annual funding to the group has already cruised past previous years’ totals and is on pace to reach nearly $4B.

With funding up but deals steady, average and median deal sizes have jumped this year. The Blockchain 50 cohort has seen 13 mega-rounds (deals worth $100M+) in 2021, including Ledger’s $380M Series C (at a $1.5B valuation), BlockFi’s $350M Series D ($3B valuation), and Fireblocks’ $310M Series D ($2B valuation). 

Including these 3 winners, the cohort now counts 9 unicorns (private companies worth $1B+), worth $35.4B in aggregate.

NOTABLE PARTNERSHIPS: 100+ NEW PARTNERSHIPS ACROSS SECTORS

Since December 2020, the Blockchain 50 winners have formed or expanded over 100 partnerships as they look to scale blockchain-based ecosystems and boost industry adoption.

Many of these partnerships are in financial services — such as asset management & trading, accounting, and payments — which has historically played a central role in blockchain and crypto applications. We detail several of these below.

• In February 2021, Coin Metrics and BitGo (both Blockchain 50 winners) teamed up with accounting giant KPMG to offer a suite of services for public blockchain risk management.
• BlockFi and Visa released a crypto rewards credit card in July 2021. Users can earn bitcoin back on spending and can use the card anywhere that Visa is accepted.
• Metaco partnered with IBM Cloud in March 2021 to develop custody solutions for asset managers and other financial institutions entering the digital asset space. 

But the Blockchain 50 winners aren’t only making moves in fin services. 

Below are some of the wide-ranging partnerships they’ve formed across other sectors since December 2020.

• WeWork started accepting select cryptocurrencies as forms of payment in April 2021 through a partnership with Coinbase.
• In December 2020, Axie Infinity — one of the most popular Ethereum-based games, per DappRadar — selected Binance, alongside video game studio Ubisoft and several others, to validate its new Layer 2 blockchain.
• In May 2021, ConsenSys and Microsoft announced plans for a managed blockchain service for Azure customers across industries.
• Since June 2021, R3 has been working with GuildOne and Blockchain for Energy, a consortium that includes oil majors like Chevron and ExxonMobil, on a blockchain-based joint venture management platform for the energy sector.

The post The Top 50 Blockchain Companies Of 2020: Where Are They Now? appeared first on CB Insights Research.

The 2021 Fintech 250 cohort has raised approximately $73.8B in aggregate funding across nearly 1,200 deals since 2016 and includes startups at different investment stages of development, from early-stage companies to well-funded unicorns.

The companies were selected by CB Insights’ Intelligence Unit from a pool of over 17,000 companies, including applicants and nominees.

They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.

Clients can access the entire Fintech 250 list and interactive Collection here. (If you don’t have a CB Insights login, create one here.)

Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so our analysts can better understand your products, customers, and market traction.

The market map above categorizes the Fintech 250 companies based on core area of focus. Categories are not mutually exclusive. Companies are private as of 9/14/21.

Table of contents

• Top Fintech Companies 2021: Fintech 250 Investment Highlights
• The 2021 Fintech 250 Categories & Most Well-Funded Startups
• Top Fintech Companies & Startups 2020: Previous Winners & Highlights from the Fintech 250 2020

Top Fintech Companies 2021: Fintech 250 Investment Highlights

• Unicorns: 118 of the 250 companies (47%) are valued at or above $1B as of their latest funding round.
• Funding trends: In 2021 year-to-date (YTD), these 250 private companies have raised $40.3B in equity funding across 275 deals (as of 9/14/21).
• Mega-rounds: Since 2020, there have been 178 mega-round ($100M+) equity investments to this year’s Fintech 250, with 138 of them in 2021 YTD.
• Global representation: 36% of the 2021 Fintech 250 are based outside the US. After the US, the UK is home to the most Fintech 250 companies (25), followed by India (12). This year’s winners are based in 26 countries, including France, Brazil, Germany, Indonesia, and Nigeria.
• Top VC investor: Ribbit Capital is the most active investor in this year’s Fintech 250 companies, having invested in 62 deals since 2016. Since 2019, Ribbit has participated in 41 deals to this cohort of companies, including to Nubank, Uala, Brex, Vouch, Razorpay, and BharatPe. Tiger Global Management and Accel were close behind with 57 and 55 deals, respectively.
• Top deal of 2021: Klarna raised a $1B growth equity round in Q1’21 from undisclosed investors.
• Most well-funded: Klarna is the most well-funded company on the Fintech 250 list, having raised approximately $3.5B across 26 rounds since 2010.

Clients can access all 250 companies on the CB Insights platform here. 

THE 2021 FINTECH 250 CATEGORIES AND MOST WELL-FUNDED STARTUPs REPRESENTED

Previous winners and highlights from the fintech 250 class of 2020

• Unicorns: 77 of the 2020 Fintech 250 (31%) remained or have since become unicorns with a $1B+ valuation.
• Exits: 17 have gone public and 25 have been acquired.
• Deaths: 0 of these companies have died.
• Deals, funding, and mega-rounds: Since 2019, the 2020 Fintech 250 has raised $62.7B in equity funding across 566 deals, including 197 mega-rounds ($100M+ investments).

If you want to learn more about the Fintech 250 Class of 2020, check out the full list of last year’s winners and see where they are now.

The post The Fintech 250: The Top Fintech Companies Of 2021 appeared first on CB Insights Research.

The 2021 Fintech 250 cohort has raised approximately $73.8B in aggregate funding across nearly 1,200 deals since 2016 and includes startups at different investment stages of development, from early-stage companies to well-funded unicorns.

The companies were selected by CB Insights’ Intelligence Unit from a pool of over 17,000 companies, including applicants and nominees.

They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.

Clients can access the entire Fintech 250 list and interactive Collection here. (If you don’t have a CB Insights login, create one here.)

Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so our analysts can better understand your products, customers, and market traction.

The market map above categorizes the Fintech 250 companies based on core area of focus. Categories are not mutually exclusive. Companies are private as of 9/14/21.

Table of contents

• Top Fintech Companies 2021: Fintech 250 Investment Highlights
• The 2021 Fintech 250 Categories & Most Well-Funded Startups
• Top Fintech Companies & Startups 2020: Previous Winners & Highlights from the Fintech 250 2020

Top Fintech Companies 2021: Fintech 250 Investment Highlights

• Unicorns: 118 of the 250 companies (47%) are valued at or above $1B as of their latest funding round.
• Funding trends: In 2021 year-to-date (YTD), these 250 private companies have raised $40.3B in equity funding across 275 deals (as of 9/14/21).
• Mega-rounds: Since 2020, there have been 178 mega-round ($100M+) equity investments to this year’s Fintech 250, with 138 of them in 2021 YTD.
• Global representation: 36% of the 2021 Fintech 250 are based outside the US. After the US, the UK is home to the most Fintech 250 companies (25), followed by India (12). This year’s winners are based in 26 countries, including France, Brazil, Germany, Indonesia, and Nigeria.
• Top VC investor: Ribbit Capital is the most active investor in this year’s Fintech 250 companies, having invested in 62 deals since 2016. Since 2019, Ribbit has participated in 41 deals to this cohort of companies, including to Nubank, Uala, Brex, Vouch, Razorpay, and BharatPe. Tiger Global Management and Accel were close behind with 57 and 55 deals, respectively.
• Top deal of 2021: Klarna raised a $1B growth equity round in Q1’21 from undisclosed investors.
• Most well-funded: Klarna is the most well-funded company on the Fintech 250 list, having raised approximately $3.5B across 26 rounds since 2010.

Clients can access all 250 companies on the CB Insights platform here. 

THE 2021 FINTECH 250 CATEGORIES AND MOST WELL-FUNDED STARTUPs REPRESENTED

Previous winners and highlights from the fintech 250 class of 2020

• Unicorns: 77 of the 2020 Fintech 250 (31%) remained or have since become unicorns with a $1B+ valuation.
• Exits: 17 have gone public and 25 have been acquired.
• Deaths: 0 of these companies have died.
• Deals, funding, and mega-rounds: Since 2019, the 2020 Fintech 250 has raised $62.7B in equity funding across 566 deals, including 197 mega-rounds ($100M+ investments).

If you want to learn more about the Fintech 250 Class of 2020, check out the full list of last year’s winners and see where they are now.

The post The Fintech 250: The top fintech companies of 2021 appeared first on CB Insights Research.

Since announcing the list in August 2020, the Digital Health 150 winners have gone on to do big things:

• 9 of the winners have gone public or announced plans to go public
• 6 have been acquired, while 2 have merged
• 26 are unicorns (private companies valued at $1B+), with an aggregate valuation of $70.2B
• 79 have raised additional equity funding, totaling $13.4B across 99 deals
• 15 winners have acquired a total of 24 companies between them
• The winners have announced over 200 partnerships

Dig into all of the details below.

Exits: 9 public exits, 6 acquisitions, 2 mergers

Since the release of the 2020 Digital Health 150, 4 companies have gone public via an IPO and 5 have completed or announced a SPAC transaction.

In June 2021, for instance, health benefits plan provider Bright HealthCare raised $924M in its IPO, which valued the company at $13.4B. Meanwhile, health insurer Oscar made its debut in March 2021, raising $1.4B at a $7.9B valuation.

Since publishing the list, 6 winning companies have been acquired, and another 2 have merged.

Notable deals include Illumina’s (pending) $8B acquisition of cancer detection company GRAIL, and One Medical’s $2.1B purchase of primary care provider Iora Health in June 2021.

Funding: Winners raise AN ADDITIONAL $13.4B

Since August 2020, more than half of the Digital Health 150 (79 companies) have raised additional equity funding, totaling $13.4B in aggregate. $8.5B of this has been raised in 2021, which is on pace to surpass 2020’s record-breaking $10.5B in cross-cohort funding. 

Additionally, 47 of the winners have raised a combined 55 mega-rounds (deals worth $100M+) since we published the list in August 2020. These mega-rounds span the digital health ecosystem, taking place in areas such as mental health and wellness, digital therapeutics, drug discovery, robotic process automation (RPA), and more.

Acquisitions: Winners acquire more than 20 companies since publication

Since August 2020, the Digital Health 150 winners have acquired 24 companies to expand their capabilities and reach. Among the winners, Bright HealthCare and telehealth services firm Ro have been the most acquisitive, acquiring 3 startups each. 

Bright HealthCare has primarily targeted health insurance providers, including True Health New Mexico and Southern California-based Central Health Plan. Meanwhile, Ro, which originally focused on men’s health, has been expanding its product offering through M&A. For example, in May 2021, it acquired fellow Digital Health 150 winner Modern Fertility, a women’s reproductive health service provider, for $225M. In June, Ro bought at-home testing startup Kit.

Notable partnerships: 200+ new partnerships since publication

Since August 2020, Digital Health 150 winners have struck or expanded over 200 partnerships to scale operations and expand services. Many partnerships were forged to address critical needs relating to the Covid-19 pandemic. 

We highlight several notable partnerships below:

• In August 2020, telehealth platform Doctor On Demand expanded a partnership with Instacart to give Instacart’s grocery shoppers access to free Covid-19 screenings and follow-up appointments. 
• In October 2020, Mass General’s Cancer Center and at-home healthcare provider Medically Home Group joined forces to develop a clinical trial examining supportive oncology care at home.
• Also in October 2020, employee mental health benefits provider Lyra Health announced an integration with mindfulness app Calm to combat workplace burnout.
• In April 2021, Indonesia-based ride-hailing app Gojek tapped health information platform Halodoc for a campaign to vaccinate its drivers against Covid-19.
• In May 2021, care and health information platform K Health teamed up with the Baltimore City Public Schools district to provide free virtual primary care to its students for the rest of the school year.

The post The Top 150 Digital Health Companies Of 2020: Where Are They Now? appeared first on CB Insights Research.

Since announcing our list, 14 of the winners have gone public or announced plans to go public, while 6 have been acquired. In addition, 49 have become unicorns, bringing the total for the list to 81, valued in aggregate at $508B.

Many of the winning fintech companies have also entered strategic partnerships, launched new products, and raised additional funding rounds since we initially published the list. In total, 120 of the 250 companies have raised funds, totaling nearly $25B across 153 deals since September 1, 2020.

Fintech exits: 14 public exits and 6 acquisitions

Since the release of the Fintech 250 2020 list, 7 companies have gone public via an IPO, 7 have gone public (or announced plans to go public) through a SPAC transaction, and 6 have been acquired.

One of the most anticipated public offerings so far this year was cryptocurrency exchange Coinbase, which offers services ranging from consumer trading to prime brokerage and institutional custody. The company debuted in April 2021 through a direct listing.

Also notable was Affirm, a buy now, pay later provider, which went public in January 2021. Root Insurance, a telematics-driven auto insurer, was the only company from the Fintech 250 to go public last year. SPAC transactions among the cohort include home-financing company Better.com, trading and asset brokerage firm eToro, and title insurance company States Title.

In addition to public exits, the Fintech 250 companies have seen 6 acquisitions. Most recently, Bill.com acquired business expense management platform Divvy for $2.5B in May 2021.

Funding: Winners raise nearly $25B more

Since September, nearly half of the Fintech 250 list (120 companies) have raised a combined $24.6B in equity funding from investors. In 2021 alone, Fintech 250 companies have raised $18.5B in funding, which exceeds the total raised by all 250 companies in 2020.

Additionally, 62 companies have raised $100M+ equity rounds since September 2020. These mega-rounds span the fintech ecosystem, including banking, trading, insurance, payments, and blockchain applications.

Notable fintech partnerships: 380+ new partnerships since publication

Since September 2020, Fintech 250 companies have actively facilitated over 380 new partnerships to expand services and scale operations. We highlight 5 notable partnerships below:

• In September 2020, Currencycloud, a B2B cross-border payments platform, partnered with VoPay to embed its payments API within VoPay’s payments-as-a-service platform.
• Affirm partnered with payments platform Adyen in November 2020. With this partnership, Adyen’s merchants can now offer Affirm’s financing option at checkout.
• Brazil-based challenger bank Nubank partnered with Chubb in December 2020 to launch a digital life insurance offering, Nubank Vida, for customers in its home country.
• In January 2021, Goldman Sachs selected Marqeta to partner on its Marcus by Goldman Sachs checking accounts, which will launch this year. The checking product will use Marqeta’s issuing platform to offer customers account services.
• In May 2021, Railsbank entered into a strategic partnership with Plaid. Railsbank customers in the UK will be able to use Plaid’s Payment Initiation API to accept bank payments directly within their app or website. Previously, a Railsbank customer would have had to onboard to Plaid in addition to Railsbank to do so.

To read more about recent fintech trends, check out our 2021 State of Fintech Report.

The post The Top 250 Fintech Companies Of 2020: Where Are They Now? appeared first on CB Insights Research.

The products that this year’s winners are bringing to market — from drug R&D and revenue cycle management for hospitals to autonomous beekeeping and municipal waste sortation — highlight the breadth and depth of AI’s impact on industries.

DOWNLOAD THE FULL REPORT BELOW

Using the CB Insights platform, our research team picked these 100 private market vendors from a pool of over 6K companies, including applicants and nominees. They were chosen based on factors including business relations, investor profile, news sentiment analysis, R&D activity, proprietary Mosaic scores, market potential, competitive landscape, team strength, and tech novelty.

Clients can access the interactive AI 100 Expert Collection here. (If you don’t have a CB Insights login, create one here.)

Companies are categorized by their primary focus area and client base. Categories in the market map are not mutually exclusive.

Please click to enlarge.

AI 100 2021 Cohort Highlights

Nearly half of this year’s cohort — categorized as “Industrial AI applications” — are working on solutions across 18 core industries, from retail & CPG to legal to gaming. Many of the remaining vendors (“cross-industry AI applications”) are building various business and operational intelligence tools for more than 1 core industry.

We also have selected a number of vendors developing computing, data processing, and AI deployment tools. These companies develop automation software for different parts of the data and AI development pipeline, including working with raw data, simplifying IT operations, and building and deploying explainable AI models.

Highlights from the cohort are provided below:

• Equity funding and deals: Since 2010, the AI 100 2021 cohort has raised over $11.7B in equity funding across 370+ deals from more than 700 investors.
• Most-represented categories: Healthcare is the most highly represented core industry. The 8 selected companies here are focusing on dental insurance, surgical tech, clinical trials, and more. Among cross-industry applications and deployment tools, the rapidly evolving MLOps market — which provides software to accelerate the development and deployment of AI models in enterprises — counts 6 selected companies.
• 37 early-stage innovators — in seed/angel and Series A stages of funding — are working on applications like AI explainability (e.g., ArthurAI), wireless signal processing (e.g., DeepSig), and deep learning accelerators (e.g., Deci). Among these, only water leak prevention company WINT has not raised any equity capital.
• Top-funded vendors and categories: The companies that have raised the most funding in the cohort are working on capital-intensive projects such as autonomous vehicles (e.g., Aurora, Momenta), drug R&D (e.g., Insitro), and AI processors (e.g., Horizon Robotics, Graphcore). But emerging use cases such as AIOps (e.g., Snyk, Harness) and revenue cycle management for hospitals (e.g., Olive) have also attracted multiple $100M+ rounds from investors.
• 12 unicorns: Companies with $1B+ valuations on the list span applications as varied as data annotation, cybersecurity, sales & CRM platforms, and enterprise search.
• Geographic distribution: 64% of the selected companies are headquartered in the US. Eight of the winners are based in the UK, followed by 6 each in China and Israel, and 5 in Canada. Other countries represented in this year’s list include Japan, Denmark, Czech Republic, France, Poland, Germany, and South Korea.
• Covid-19 response: A number of these companies developed new products and features directly in response to the pandemic to mitigate its impact and help clients adapt. For example, Recursion released SARS-CoV-2-related imaging datasets publicly to improve understanding of the virus and its impact on human cells. OpenSpace released a simplified version of its photo documentation product for construction companies to remotely track job sites. DarwinAI launched COVID-Net, a suite of neural networks for Covid-19 detection and risk assessment in chest radiography.

Interested in learning more about artificial intelligence companies in the US? Read about the top US AI companies.

AI Startups 2020: Previous winners & highlights from the AI 100 class of 2020

• Unicorns: Since publishing the AI 100 2020 list in March 2020, 2 startups have become unicorns (AInnovation, Standard Cognition).
• Exits: Since March 2020, 6 startups from the AI 100 2020 have exited. Of these 6 companies, 3 startups have IPOed (Lemonade, C3.ai, Razor Labs), 2 have been acquired (Mapillary, Voyage), and 1 listed via reverse merger with a SPAC (Butterfly Network).
• Deaths: None of the companies on our AI 100 2020 list have died.
• Deals, funding, and mega-rounds: Since March 2020, over 50 companies from the 2020 cohort have collectively raised $5.2B across 75 deals, including 16 mega-rounds (deals worth $100M+).

AI 100 Methodology & Datasets

The AI 100 selections are the result of a rigorous, data-informed process.

The datasets and insights from CB Insights’ tech market intelligence platform that were leveraged to pick finalists include:

• Patent Analytics to assess a company’s R&D strength and direction.
• Company Mosaic Scores to evaluate startup health. These are based on our National Science Foundation-backed algorithm that assesses a company’s health using 3 metrics: Market (how healthy is the industry the company is in?), Money (what is the financial health of the company?), and Momentum (how much traction does the company have?).
• Business Relationships to identify partnerships and client-vendor relationships.
• Market Sizing Tools to assess growth opportunities and demand for the tech.
• Earnings Transcripts Search Engine & Analytics to identify key focus areas as well as bottlenecks for corporations.
• Competitor Data to assess tech novelty, market strength, and competitive landscape.
• News Trends for sentiment analysis.

Licensing and reuse of content: Contact our official partner, Wright’s Media, about available usages, license fees, and award seal artwork at cbinsights@wrightsmedia.com. Please note that Wright’s Media is the only authorized company that we’ve partnered with for CB Insights materials.

The post AI 100: The Artificial Intelligence Startups Redefining Industries In 2021 appeared first on CB Insights Research.

The 2020 Blockchain 50 cohort has raised over $3B in aggregate equity funding across 113 deals since 2017, and includes companies across varying investment stages of development, from early-stage startups to well-funded unicorns.

We selected winners from a pool of 2,700 companies, including applicants and nominees, based on factors including business models, market potential and momentum, competitive landscape, team strength, investor profiles, data submitted by the companies, and Mosaic scores — CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.

Our analysis focused exclusively on private companies that have raised equity funding. In particular, we looked at companies such as R3, BitGo, Chainalysis, and Coin Metrics, which have displayed success in achieving or building a path to commercial adoption.

We did not include the many open-source projects — such as Bitcoin and Ethereum — that serve as critical infrastructure for many of this year’s selections and the blockchain ecosystem as a whole.

Didn’t make the Blockchain 50? You can still submit your company or project’s information to be considered for upcoming Blockdata and CB Insights research. Learn more here.

Clients can access the entire Blockchain 50 list and interactive Collection here. (If you don’t have a CB Insights login, create one here.)

The market map above categorizes the Blockchain 50 companies based on core area of focus. Categories are not mutually exclusive.

2020 Blockchain 50 highlights

• Unicorns: Five of the 50 winners (10%) are valued at or above $1B as of their latest funding round: mining hardware & software providers Bitmain and Bitfury, cryptocurrency exchange Coinbase, blockchain analytics software Chainalysis, and blockchain conglomerate Digital Currency Group.
• Funding trends: Since 2019, this cohort has raised $1.1B in equity funding across 44 deals (as of 12/7/20). Thirty-four of these companies raised funds during this period.
• Global representation: 40% of the 2020 Blockchain 50 winners are based outside the US. After the US, the UK and Switzerland are home to the most Blockchain 50 companies, with 4 each.

• Top VC investors: Blockchain Capital, Castle Island Ventures, Kenetic Capital, Pantera Capital, and Valar Ventures are the most active venture investors in the Blockchain 50 with 5 investments each since 2017.
• Top corporate VCs: The Blockchain 50 winners have attracted even more investments from corporate venture capital investors than from traditional investors. Since 2017, corporate VCs Digital Currency Group, Galaxy Digital, and ConsenSys Ventures have struck 13, 12, and 7 deals with the cohort, respectively.
• Top deal of 2020: Digital asset management platform Bakkt raised a $300M Series B in March 2020 with participation from investors including The Boston Consulting Group, Intercontinental Exchange, Microsoft’s M12, and Pantera Capital.
• Most well-funded company: Coinbase is the most well-funded company on the Blockchain 50 list, having raised $539M in disclosed equity funding across 12 rounds since 2012.

Clients can access all 50 companies on the CB Insights platform here.

Methodology and datasets

The Blockchain 50 selections are the result of a rigorous, data-informed process, combining CB Insights datasets with the industry expertise of our research team in collaboration with Blockdata.

The datasets and insights from CB Insights’ tech market intelligence platform that were leveraged to pick finalists include:

• Patent Analytics to assess a company’s R&D strength and direction.
• Company Mosaic Scores to evaluate startup health. These are based on our National Science Foundation-backed algorithm that assesses a company’s health using 3 metrics: Market (how healthy is the industry the company is in?), Money (what is the financial health of the company?), and Momentum (how much traction does the company have?).
• Business Relationships to identify partnerships and client-vendor relationships.
• Market Sizing Tools to assess growth opportunities and demand for the tech.
• Earnings Transcripts Search Engine & Analytics to identify key focus areas as well as bottlenecks for corporations.
• Competitor Data to assess tech novelty, market strength, and competitive landscape.
• News Trends for sentiment analysis.

Licensing and reuse of content: Contact our official partner, Wright’s Media, about available usages, license fees, and award seal artwork at cbinsights@wrightsmedia.com. Please note that Wright’s Media is the only authorized company that we’ve partnered with for CB Insights materials.

Are you researching blockchain? Take a look at our partner Blockdata’s blockchain-focused data here.

The post Blockchain 50 of 2020: The innovators using blockchain & crypto to transform industries appeared first on CB Insights Research.

Using the CB Insights platform, our research team picked these 100 companies out of nearly 15,000 applicants and nominees, based on factors including patent activity, business relations, investor profiles, news sentiment analysis, proprietary Mosaic scores, market potential, competitive landscape, team strength, and tech novelty.

For a look at deals, financing, and themes in key retail tech sectors, download our 2020 State Of Retail Tech report here.

Companies are categorized by their main focus. Categories in the market map below are not mutually exclusive. Please click to enlarge.

Table of contents

• 2020 Retail Tech 100 highlights
• Leading categories and trends
• Definition and methodology: CB Insights datasets

2020 Retail Tech 100 highlights

The 2020 Retail Tech 100 cohort comprises a broad range of private tech companies — from well-funded ones commercializing their products and expanding into new markets, to companies forming business relationships with key industry players, to early-stage startups developing novel solutions.

Here are the highlights:

• The 2020 Retail Tech 100 companies have raised over $14.8B in total equity funding across 400+ deals from 700+ unique investors. 54 of these companies have raised funding rounds in 2020 year-to-date (as of 11/20/20), amounting to $4.7B in total.
• The list includes 19 unicorns (private companies valued at $1B+) focused on a diverse range of retail tech solutions. One unicorn on the list is Faire (valued at $2.5B as of October 2020), a wholesale marketplace that brings predictive analytics and customer-centric policies to local shop owners. Another is Mirakl ($1.5B as of September 2020), which enables retailers to launch and manage their own marketplaces. Meanwhile, unicorn Nuro ($5B as of November 2020) develops a robotic self-driving vehicle to facilitate last-mile deliveries.
• There are 21 early-stage startups (seed/angel and Series A) in this year’s cohort. These include Hero, which helps connect online shoppers with store associates via messages and video chats, and Lolli, a shopper rewards platform enabling brands and retailers to offer customers cash back in the form of bitcoin.
• We are seeing companies enabling e-commerce platforms from multiple angles as a dominant theme. This includes solutions that focus on increasing page load speed and enabling single-click checkout, as well as those that open new online channels such as text messages, video chat, voice, and augmented reality.
• Store automation is accelerating as demand for contactless and safe shopping continues to grow. Mobile or computer vision-based cashierless checkout solutions such as MishiPay and Standard Cognition are helping reduce human interactions while allowing for faster and shorter shopping trips. At the same time, retailers are increasingly using robots and mobile-based AR tools to automate shelf-scanning.
• A majority of companies are based in North America (59%), followed by Asia (21%), Europe (16%), and Latin America (4%). Among countries, the US leads with 55 companies.

Leading categories and trends

Category focus

This year’s Retail Tech 100 companies are working on tech and software-enabled solutions across 13 core categories.

• E-commerce infrastructure is a leading category in the 2020 cohort, with 12 winners. These companies provide retailers with the necessary tools to build and add features to their e-commerce channels, such as by facilitating mobile and social commerce.
  • E-commerce platforms — including VTEX and Ecwid — offer solutions to build and power business-to-consumer (B2C) online stores.
  • Online checkout features such as Fast and Bolt Financial increase online sales conversions by enabling faster checkout via single-click solutions. 
• Store operations & analytics is another leading category on this year’s list, with 12 companies developing a wide array of solutions from robots to AR/VR to automate and improve store operations. 
  • Autonomous robot providers such as Brain Corp and Simbe Robotics help retailers automate in-store operations including scanning shelves, cleaning floors, and moving items from the stockroom to the front store. 
• Robotic fulfillment service providers use robotic hardware and software to automate the order fulfillment process. They are rapidly gaining market traction and have seen accelerated demand amid the Covid-19 pandemic. This category also comprises 9 companies.
• Merchandising & inventory management solutions offer easier access to product data and more accurate demand forecasting. They also simplify wholesale buying for smaller shops. This category accounts for 8 companies in this year’s cohort.

Thematics & trends

The 2020 Retail Tech 100 list is representative of many of the key thematics and trends we expect to see across retail in 2021. Below, we highlight some of these along with examples from this year’s cohort.

• Demand for e-commerce enablement solutions has soared among brands and retailers as the Covid-19 crisis forces more retail online. This will likely accelerate in 2021 as competitive pressures intensify in the e-commerce space. On this year’s list, a total of 42 startups offer e-commerce enablement solutions. The most prevalent subcategories in this group are:
  • E-commerce platforms & features: This subcategory includes headless commerce solutions such as Commercetools and Fabric that facilitate the addition of new online channels by using APIs. This space is likely to gain momentum as retailers explore new forms of e-commerce such as message- or voice-based shopping.
  • Payment & checkout solutions: This includes “buy now pay later” solutions such as Klarna and Paidy, which aim to boost online conversion rates, as well as platforms like Checkout.com and dLocal, which make it easier to accept international payments.

• Retailers’ ability to personalize discovery and make online buying easier has become a key differentiator as online sales soar. A total of 20 companies on the list offer services to analyze and optimize the online customer journey for greater sales conversion rates and reduced product returns. Subcategories include:
  • AI-enabled product tagging: Syte, ViSenze, Lily AI, and True Fit, among others.
  • Cognitive search solutions: Algolia and Coveo. 
  • Digital journey mapping: Amplitude, Insider, and Quantum Metric. 
• Store automation has been a growing priority for retailers in recent years. This will accelerate even more into 2021 as minimizing human contact and fulfilling online orders remain key priorities. This year’s Retail Tech 100 includes 19 companies that provide services to reduce or eliminate human intervention at checkout, identify out-of-stock items, ensure planogram compliance, and more.
• Robotization of the supply chain is helping retailers add process efficiencies as they shift toward e-commerce. For this year’s list, we selected 13 companies that use robots to fulfill and deliver online orders. These cover areas like:
  • Autonomous last-mile delivery: Neolix, Nuro, and Starship Technologies.
  • Robotic fulfillment: Fetch Robotics, Geek+, and Exotec, among others.
  • On-demand warehousing: Fabric (automated micro-fulfillment center) and Bond.
• Grocery retailers have signed more partnerships with this year’s Retail Tech 100 companies than any other type of retailer. Fashion retailers and department stores have also formed numerous partnerships with this cohort.
  • The majority of the business relationships formed by grocery retailers are with companies offering last-mile delivery (e.g. Glovo and Carrefour), cashierless checkout (e.g. Grabango and Giant Eagle), and robotic fulfillment services (e.g. TakeOff Technologies and Albertsons). 
  • Walmart has signed the most partnerships with this year’s cohort out of all retailers, followed by Albertsons. 

Geographical distribution

The companies in the 2020 Retail Tech 100 cohort represent 21 countries. US-based startups dominate the list, accounting for 55% of the companies here.

The cohort also reflects a number of emerging retail tech hubs:

• India: The 6 India-based companies on the list include Shadowfax and FarEye, both of which provide delivery services. Udaan, another on the list, offers a B2B online marketplace for small retailers.
• China: All 5 China-based companies featured on the list use artificial intelligence technology to provide services to retailers. This includes cashierless checkout solutions from Malong Technologies and SandStar, as well as self-driving delivery vehicles by Neolix.
• Canada: There are 4 companies based in Canada in the 2020 cohort, including Coveo (cognitive search) and ATTAbotics (robotic fulfillment).
• UK: The 4 UK-based companies on this year’s list focus on payments (Checkout.com, Rapyd), as well as mobile solutions for cashierless checkout (MishiPay) and store operations (YOOBIC).
• Singapore: Last-mile delivery solution provider Ninja Van is the most well-funded of the 4 Retail Tech 100 companies based in Singapore, having raised $399M in total funding, followed by GreyOrange Robotics (robotic fulfillment) with $179M. 

Definition and methodology: CB Insights datasets

We define “retail tech” to include any technology company that supports or enables the selling of consumer products (excluding events, travel, gas) to consumers. This includes enablement of merchandising, shopper marketing, operations, and order fulfillment in stores, online, and across other retail channels, such as:  

• In-store retail tech
• E-commerce enablement
• New retail format enablement 
• Supply chain tech for mid- and last-mile fulfillment
• Shopper loyalty & rewards tech

Only private, active B2B companies matching our definition of retail tech have been considered. This list excludes auto retail.

The Retail Tech 100 selections are the result of a rigorous, data-informed process, combining CB Insights datasets with our research team’s industry expertise.

The datasets and insights from CB Insights’ tech market intelligence platform that were leveraged to pick finalists include:

• Patent Analytics to assess a company’s R&D strength and direction.
• Company Mosaic Scores to evaluate startup health. These are based on our National Science Foundation-backed algorithm that assesses a company’s health using 3 metrics: Market (how healthy is the industry the company is in?), Money (what is the financial health of the company?), and Momentum (how much traction does the company have?).
• Business Relationships to identify partnerships and client-vendor relationships.
• Market Sizing Tools to assess growth opportunities and demand for the tech.
• Earnings Transcripts Search Engine & Analytics to identify key focus areas as well as bottlenecks for corporations.
• Competitor Data to assess tech novelty, market strength, and competitive landscape.
• News Trends for sentiment analysis.

Licensing and reuse of content: Contact our official partner, Wright’s Media, about available usages, license fees, and award seal artwork at cbinsights@wrightsmedia.com. Please note that Wright’s Media is the only authorized company that we’ve partnered with for CB Insights materials.

The post Retail Tech 100 of 2020: The tech innovators transforming retail appeared first on CB Insights Research.

The 2020 Fintech 250 cohort has raised approximately $49.2B in aggregate funding across nearly 900 deals since 2015, and includes startups at different investment stages of development, from early-stage companies to well-funded unicorns.

The companies were selected by CB Insights’ Intelligence Unit from a pool of 16,000 companies, including applicants and nominees.

They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.

Clients can access the entire Fintech 250 list and interactive Collection here. (If you don’t have a CB Insights login, create one here.)

The market map above categorizes the Fintech 250 companies based on core area of focus. Categories are not mutually exclusive.

Table of contents

• Top Fintech Companies 2020: Fintech 250 Investment Highlights
• The 2020 Fintech 250 Categories & Most Well-Funded Startups
• Top Fintech Companies & Startups 2018: Previous Winners & Highlights from the Fintech 250 2018

Top Fintech Companies 2020: Fintech 250 Investment Highlights

• Unicorns: 32 of the 250 companies (13%) are valued at or above $1B as of their latest funding round.
• Funding trends: In 2020 year-to-date (YTD), these 250 private companies have raised $10.3B in equity funding across 120 deals (as of 8/26/20).
• Mega-rounds: Since 2019, there have been 87 mega-round ($100M+) equity investments to this year’s Fintech 250, with 35 of them in 2020 YTD.
• Global representation: 46% of the 2020 Fintech 250 are based outside the US. After the US, the UK is home to the most Fintech 250 companies (38), followed by India (20).
• Top VC investor: Ribbit Capital is the most active investor in this year’s Fintech 250 companies. Since 2018, Ribbit has participated in 45 deals to this cohort of companies, including to Hippo, Nubank, Upgrade, Robinhood, and BharatPe.
• Top deal of 2020: Grab raised a $856M Series I in Q1’20 with participation from investors Mitsubishi UFJ Financial Group and TIS INTEC Group.
• Most well-funded: Grab is the most well-funded company on the Fintech 250 list, having raised approximately $9.7B across 22 rounds since 2014.

Clients can access all 250 companies on the CB Insights platform here.

The 2020 Fintech 250 Categories & Most Well-Funded Startups

Top Fintech Companies & Startups 2018: Previous Winners & Highlights from the Fintech 250 2018

• Unicorns: 37 of the 2018 Fintech 250 (15%) remained or have since become unicorns with a $1B+ valuation.
• Exits: 10 have gone public and 13 have been acquired.
• Deaths: 0 of these companies have died.
• Deals, funding, and mega-rounds: Since 2019, the 2018 Fintech 250 has raised $22.9B in equity funding across 247 deals, including 83 mega-rounds ($100M+ investments).

If you want to learn more about the Fintech 250 Class of 2018, check out the full list of the top financial technology and small businesses of 2018.

The post The Fintech 250: The Top Fintech Companies Of 2020 appeared first on CB Insights Research.

Using the CB Insights platform, our research team picked the 100 companies from nearly 5K startups, based on several factors including patent activity, business relations, investor profile, news sentiment analysis, proprietary Mosaic scores, market potential, competitive landscape, team strength, and tech novelty.

Startups are categorized by their main focus areas. Categories in the market map below are not mutually exclusive.

Please click to enlarge.

Table of contents

• • 2020 AI 100 highlights
  • Table of 2020 winners
  • Methodology: CB Insights datasets
  • Previous years’ winners (2017-2019)

  2020 AI 100 highlights

  Company stage and partnership momentum

  The 2020 AI 100 cohort includes a broad range of startups, including well-funded companies commercializing their products and expanding into new markets, startups forming business relationships with key industry players, and early-stage startups with a strong research focus that have not yet raised external funding.

  A few highlights are provided below:

  • • • The 2020 AI 100 startups have raised over $7.4B in funding across 300+ deals from 600+ unique investors.
      • The list includes 10 unicorns focused on a diverse range of AI solutions. One unicorn on the list is Faire, a wholesale marketplace that uses machine learning to match local retailers with goods that are predicted to sell well in their specific locations. Butterfly Network, another unicorn on the list, is building a portable ultrasound device that uses AI-assisted diagnostics. Meanwhile, enterprise-focused unicorn DataRobot provides tools to help companies develop AI applications.
      • The list includes early-stage startups like Caspar AI, which has struck deals with companies like Panasonic and The Wolff Company to develop smart home solutions. Another early-stage company on the list is Israel-based Razor Labs, which has provided AI services to mining companies.
      • A number of startups have formed partnerships with key industry players. ClimaCell, which focuses on climate modeling, has partnerships with Google, JetBlue, Delta, and Munich RE to name a few. Drug R&D company Cyclica has teamed up with leading pharma companies like Bayer and Merck. Zesty.ai, an insurance tech startup focused on catastrophe risk, recently partnered with MetLife to use AI to help predict wildfire risk.

  Industry focus

  This year’s AI 100 companies are working on solutions across 15 core industries, including healthcare, retail & warehouse, and finance & insurance.

  A number of companies are also focused on several cross-industry solutions, like the development of AI processors, sales & CRM, and natural language processing (NLP) research.

  • • • Healthcare is the top industry for AI deal activity at large, and this is reflected in the 2020 cohort, with 13 companies focused on healthcare AI. Eko, for example, is integrating AI software into stethoscopes to monitor cardiac health and received FDA clearance in January. Meanwhile, Healthy.io is turning smartphones into at-home diagnostic kits, with a focus on urinalysis. Another healthcare company on the list is Subtle Medical, which is using AI to enhance radiology images.
      • Retail & warehousing was the second-largest category represented in the AI 100 cohort this year. Featured startups in this space include Aifi, Standard Cognition, and Grabango, which are all focused on developing cashierless store services for retailers.
      • Within transportation, our 2020 AI 100 list includes startups focused on safe highway driving (Ghost Locomotion), predictive maintenance for the railway industry (KONUX), and automated dispatch and freight management (Loadsmart).

  Geographic distribution

  The companies in the cohort represent 13 countries, including Chile, China, Sweden, South Africa, and Japan

  US-based companies dominate the 2020 AI 100 list, with 65% of the featured companies based there, but the cohort also reflects a number of emerging AI hubs:

  • • • A total of 8 startups from Canada are featured on the 2020 AI 100 list, including Xanadu (quantum AI), Invenia (energy grid optimization), and Deeplite (neural network optimization).
      • The 8 UK startups on the list include InstaDeep, an AI R&D company that jointly published a research paper last year with Google DeepMind on a novel reinforcement learning algorithm called AlphaNPI. Snyk, another UK-based startup on the list, focuses on security solutions for developers and has partnered with companies like Google and Trend Micro to help detect vulnerabilities.
      • There are 6 startups based in China in the 2020 AI 100 cohort. One example is Dorabot, a startup focused on reinforcement learning for robotic manipulation and warehouse logistics. Another example is ed tech company Squirrel AI, which has entered into research collaborations focused on personalized learning with institutions like SRI International and Carnegie Mellon University.

  Table of 2020 winners

  List of 2020 winners by industry, application, and headquarters.

  CB Insights AI 100 (2020)

  Company	Industry	Application	Country
  BUILT Robotics	Construction	Robotic guidance	United States
  ALICE Technologies	Construction	Schedule planning	United States
  Korbit	Education	Personalized learning	Canada
  Squirrel AI Learning	Education	Personalized learning	China
  Invenia	Energy	Grid optimization	Canada
  Beyond Limits	Energy	Oil & gas	United States
  Tachyus	Energy	Oil & gas	United States
  ComplyAdvantage	Finance & insurance	AML & KYC	United Kingdom
  Featurespace	Finance & insurance	Anti-fraud	United Kingdom
  Tractable	Finance & insurance	Claims processing	United Kingdom
  HyperScience	Finance & insurance	Document processing	United States
  Lemonade	Finance & insurance	Home & renters insurance	United States
  Zesty.ai	Finance & insurance	Property & casualty insurance	United States
  Benson Hill	Food & agriculture	Genomics platform	United States
  Bowery Farming	Food & agriculture	Indoor farming	United States
  NotCo	Food & agriculture	Ingredient discovery	Chile
  Synapse Technology	Government & city planning	Checkpoint security	United States
  Replica	Government & city planning	Commuter behavior modeling	United States
  Mapillary	Government & city planning	Mapping	Sweden
  Shield AI	Government & city planning	Unmanned systems	United States
  AMP Robotics	Government & city planning	Waste recycling	United States
  Recursion Pharmaceuticals	Healthcare	Biopharma (rare diseases)	United States
  Eko	Healthcare	Cardiology	United States
  Healthy.io	Healthcare	Consumer diagnostics	Israel
  Zebra Medical Vision	Healthcare	Medical imaging	Israel
  Atomwise	Healthcare	Drug R&D	United States
  Cyclica	Healthcare	Drug R&D	Canada
  OWKIN	Healthcare	Federated learning	United States
  PAIGE.AI	Healthcare	Pathology	United States
  Butterfly Network	Healthcare	Portable ultrasound	United States
  ProteinQure	Healthcare	Protein therapeutics	Canada
  Subtle Medical	Healthcare	Radiology image reconstruction	United States
  Concerto HealthAI	Healthcare	Real world evidence	United States
  Viz.ai	Healthcare	Stroke detection	United States
  Lexion	Legal	Contract management	United States
  DataProphet	Manufacturing	End-to-end solutions	South Africa
  NavVis	Manufacturing	Indoor spatial mapping	Germany
  Citrine Informatics	Manufacturing	Material discovery	United States
  Noodle.ai	Manufacturing	Supply chain optimization	United States
  Synthesia Technologies	Media & entertainment	Deepfakes	United Kingdom
  Second Spectrum	Media & entertainment	Sports	United States
  FanAI	Media & entertainment	Streaming, audience monetization	United States
  WellSaid Labs	Media & entertainment	Synthetic voice	United States
  Razor Labs	Mining	Predictive maintenance	Israel
  Caspar.AI	Real estate	Smart home applications	United States
  AiFi	Retail & warehousing	Checkout-free solution	United States
  Grabango	Retail & warehousing	Checkout-free solution	United States
  Standard Cognition	Retail & warehousing	Checkout-free solution	United States
  The Yes	Retail & warehousing	E-commerce solutions	United States
  Heuritech	Retail & warehousing	Trend prediction	France
  Dorabot	Retail & warehousing	Warehouse automation	China
  Covariant AI	Retail & warehousing	Warehouse automation	United States
  Osaro	Retail & warehousing	Warehouse automation	United States
  Faire	Retail & warehousing	Wholesale marketplace	United States
  Metawave	Telecom	Antenna design	United States
  DeepSig	Telecom	Signal processing	United States
  Aurora	Transportation	Autonomous cars	United States
  Voyage	Transportation	Autonomous cars	United States
  TuSimple	Transportation	Autonomous trucking	United States
  HoloMatic	Transportation	AV software	China
  iSee	Transportation	AV software	United States
  Loadsmart	Transportation	Freight management	United States
  Ghost Locomotion	Transportation	Highway driving	United States
  KONUX	Transportation	Railway maintenance	Germany
  Graphcore	Cross-industry tech	AI processors	United Kingdom
  Kneron	Cross-industry tech	AI processors	United States
  Lightmatter	Cross-industry tech	AI processors	United States
  Syntiant	Cross-industry tech	AI processors	United States
  Xanadu	Cross-industry tech	AI processors	Canada
  DarwinAI	Cross-industry tech	AI model development	Canada
  DataRobot	Cross-industry tech	AI model development	United States
  H2O.ai	Cross-industry tech	AI model development	United States
  PerceptiLabs	Cross-industry tech	AI model development	Sweden
  dotData	Cross-industry tech	AI model development	United States
  Algorithmia	Cross-industry tech	DevOps & model monitoring	United States
  ArthurAI	Cross-industry tech	DevOps & model monitoring	United States
  Snyk	Cross-industry tech	DevOps & model monitoring	United Kingdom
  AInnovation	Cross-industry tech	NLP, NLG, & computer vision	China
  Hugging Face	Cross-industry tech	NLP, NLG, & computer vision	United States
  Primer	Cross-industry tech	NLP, NLG, & computer vision	United States
  Sherpa	Cross-industry tech	NLP, NLG, & computer vision	Spain
  Affectiva	Cross-industry tech	NLP, NLG, & computer vision	United States
  Blue Hexagon	Cross-industry tech	Cybersecurity	United States
  Obsidian Security	Cross-industry tech	Cybersecurity	United States
  SentinelOne	Cross-industry tech	Cybersecurity	United States
  Onfido	Cross-industry tech	Cybersecurity (ID verfication)	United Kingdom
  Abnormal Security	Cross-industry tech	Cybersecurity	United States
  C3.ai	Cross-industry tech	BI & operational intel	United States
  ClimaCell	Cross-industry tech	BI & operational intel	United States
  Falkonry	Cross-industry tech	BI & operational intel	United States
  Cresta	Cross-industry tech	Sales & CRM	United States
  Integrate.ai	Cross-industry tech	Sales & CRM	Canada
  Zhuiyi Technology	Cross-industry tech	Sales & CRM	China
  Deeplite	Cross-industry tech	Other R&D	Canada
  4Paradigm	Cross-industry tech	Other R&D	China
  InstaDeep	Cross-industry tech	Other R&D	United Kingdom
  Kyndi	Cross-industry tech	Other R&D	United States
  Nnaisense	Cross-industry tech	Other R&D	Switzerland
  HACARUS	Cross-industry tech	Other R&D	Japan
  SparkCognition	Cross-industry tech	Other R&D	United States

  AI 100 (2020)

  Track the 100 most promising AI startups to watch in 2020. Look for AI 100 (2020) in the Collections tab.

  Track the 2020 AI 100 winners

  AI 100 (2020)

  100 items

  CLONE

  Methodology: CB Insights datasets

  The AI 100 selections are a rigorous, data-informed process, combining CB Insights datasets with the research team’s industry expertise.

  The datasets and insights from CB Insights’ emerging tech insights platform that were leveraged to pick finalists include:

  • • • Patent Analytics to assess a company’s R&D strength and direction
      • Company Mosaic Scores to evaluate startup health, based on our National Science Foundation-backed algorithm that assesses a company’s health using 3 metrics: Market (how healthy is the industry the company is in?), Money (what is the financial health of the company?), and Momentum (how much traction does the company have?)
      • Business Relationships to identify partnerships and client-vendor relationships
      • Market Sizing Tools to assess growth opportunities and demand for the tech
      • Earnings Transcripts Search Engine & Analytics to identify key focus areas as well as bottlenecks for corporations
      • Competitor Data to assess tech novelty, market strength, and competitive landscape
      • News Trends for sentiment analysis

  Previous winners

  2019 AI 100

  

  2018 AI 100

  

  2017 AI 100

  

The post AI 100: The Artificial Intelligence Startups Redefining Industries In 2020 appeared first on CB Insights Research.

Using the CB Insights platform, our research team picked the 100 companies from nearly 5K startups, based on several factors including patent activity, business relations, investor profile, news sentiment analysis, proprietary Mosaic scores, market potential, competitive landscape, team strength, and tech novelty.

Startups are categorized by their main focus areas. Categories in the market map below are not mutually exclusive.

Please click to enlarge.

Table of contents

• • 2020 AI 100 highlights
  • Table of 2020 winners
  • Methodology: CB Insights datasets
  • Previous years’ winners (2017-2019)

  2020 AI 100 highlights

  Company stage and partnership momentum

  The 2020 AI 100 cohort includes a broad range of startups, including well-funded companies commercializing their products and expanding into new markets, startups forming business relationships with key industry players, and early-stage startups with a strong research focus that have not yet raised external funding.

  A few highlights are provided below:

  • • • The 2020 AI 100 startups have raised over $7.4B in funding across 300+ deals from 600+ unique investors.
      • The list includes 10 unicorns focused on a diverse range of AI solutions. One unicorn on the list is Faire, a wholesale marketplace that uses machine learning to match local retailers with goods that are predicted to sell well in their specific locations. Butterfly Network, another unicorn on the list, is building a portable ultrasound device that uses AI-assisted diagnostics. Meanwhile, enterprise-focused unicorn DataRobot provides tools to help companies develop AI applications.
      • The list includes early-stage startups like Caspar AI, which has struck deals with companies like Panasonic and The Wolff Company to develop smart home solutions. Another early-stage company on the list is Israel-based Razor Labs, which has provided AI services to mining companies.
      • A number of startups have formed partnerships with key industry players. ClimaCell, which focuses on climate modeling, has partnerships with Google, JetBlue, Delta, and Munich RE to name a few. Drug R&D company Cyclica has teamed up with leading pharma companies like Bayer and Merck. Zesty.ai, an insurance tech startup focused on catastrophe risk, recently partnered with MetLife to use AI to help predict wildfire risk.

  Industry focus

  This year’s AI 100 companies are working on solutions across 15 core industries, including healthcare, retail & warehouse, and finance & insurance.

  A number of companies are also focused on several cross-industry solutions, like the development of AI processors, sales & CRM, and natural language processing (NLP) research.

  • • • Healthcare is the top industry for AI deal activity at large, and this is reflected in the 2020 cohort, with 13 companies focused on healthcare AI. Eko, for example, is integrating AI software into stethoscopes to monitor cardiac health and received FDA clearance in January. Meanwhile, Healthy.io is turning smartphones into at-home diagnostic kits, with a focus on urinalysis. Another healthcare company on the list is Subtle Medical, which is using AI to enhance radiology images.
      • Retail & warehousing was the second-largest category represented in the AI 100 cohort this year. Featured startups in this space include Aifi, Standard Cognition, and Grabango, which are all focused on developing cashierless store services for retailers.
      • Within transportation, our 2020 AI 100 list includes startups focused on safe highway driving (Ghost Locomotion), predictive maintenance for the railway industry (KONUX), and automated dispatch and freight management (Loadsmart).

  Geographic distribution

  The companies in the cohort represent 13 countries, including Chile, China, Sweden, South Africa, and Japan

  US-based companies dominate the 2020 AI 100 list, with 65% of the featured companies based there, but the cohort also reflects a number of emerging AI hubs:

  • • • A total of 8 startups from Canada are featured on the 2020 AI 100 list, including Xanadu (quantum AI), Invenia (energy grid optimization), and Deeplite (neural network optimization).
      • The 8 UK startups on the list include InstaDeep, an AI R&D company that jointly published a research paper last year with Google DeepMind on a novel reinforcement learning algorithm called AlphaNPI. Snyk, another UK-based startup on the list, focuses on security solutions for developers and has partnered with companies like Google and Trend Micro to help detect vulnerabilities.
      • There are 6 startups based in China in the 2020 AI 100 cohort. One example is Dorabot, a startup focused on reinforcement learning for robotic manipulation and warehouse logistics. Another example is ed tech company Squirrel AI, which has entered into research collaborations focused on personalized learning with institutions like SRI International and Carnegie Mellon University.

  Table of 2020 winners

  List of 2020 winners by industry, application, and headquarters.

  CB Insights AI 100 (2020)

  Company	Industry	Application	Country
  BUILT Robotics	Construction	Robotic guidance	United States
  ALICE Technologies	Construction	Schedule planning	United States
  Korbit	Education	Personalized learning	Canada
  Squirrel AI Learning	Education	Personalized learning	China
  Invenia	Energy	Grid optimization	Canada
  Beyond Limits	Energy	Oil & gas	United States
  Tachyus	Energy	Oil & gas	United States
  ComplyAdvantage	Finance & insurance	AML & KYC	United Kingdom
  Featurespace	Finance & insurance	Anti-fraud	United Kingdom
  Tractable	Finance & insurance	Claims processing	United Kingdom
  HyperScience	Finance & insurance	Document processing	United States
  Lemonade	Finance & insurance	Home & renters insurance	United States
  Zesty.ai	Finance & insurance	Property & casualty insurance	United States
  Benson Hill	Food & agriculture	Genomics platform	United States
  Bowery Farming	Food & agriculture	Indoor farming	United States
  NotCo	Food & agriculture	Ingredient discovery	Chile
  Synapse Technology	Government & city planning	Checkpoint security	United States
  Replica	Government & city planning	Commuter behavior modeling	United States
  Mapillary	Government & city planning	Mapping	Sweden
  Shield AI	Government & city planning	Unmanned systems	United States
  AMP Robotics	Government & city planning	Waste recycling	United States
  Recursion Pharmaceuticals	Healthcare	Biopharma (rare diseases)	United States
  Eko	Healthcare	Cardiology	United States
  Healthy.io	Healthcare	Consumer diagnostics	Israel
  Zebra Medical Vision	Healthcare	Medical imaging	Israel
  Atomwise	Healthcare	Drug R&D	United States
  Cyclica	Healthcare	Drug R&D	Canada
  OWKIN	Healthcare	Federated learning	United States
  PAIGE.AI	Healthcare	Pathology	United States
  Butterfly Network	Healthcare	Portable ultrasound	United States
  ProteinQure	Healthcare	Protein therapeutics	Canada
  Subtle Medical	Healthcare	Radiology image reconstruction	United States
  Concerto HealthAI	Healthcare	Real world evidence	United States
  Viz.ai	Healthcare	Stroke detection	United States
  Lexion	Legal	Contract management	United States
  DataProphet	Manufacturing	End-to-end solutions	South Africa
  NavVis	Manufacturing	Indoor spatial mapping	Germany
  Citrine Informatics	Manufacturing	Material discovery	United States
  Noodle.ai	Manufacturing	Supply chain optimization	United States
  Synthesia Technologies	Media & entertainment	Deepfakes	United Kingdom
  Second Spectrum	Media & entertainment	Sports	United States
  FanAI	Media & entertainment	Streaming, audience monetization	United States
  WellSaid Labs	Media & entertainment	Synthetic voice	United States
  Razor Labs	Mining	Predictive maintenance	Israel
  Caspar.AI	Real estate	Smart home applications	United States
  AiFi	Retail & warehousing	Checkout-free solution	United States
  Grabango	Retail & warehousing	Checkout-free solution	United States
  Standard Cognition	Retail & warehousing	Checkout-free solution	United States
  The Yes	Retail & warehousing	E-commerce solutions	United States
  Heuritech	Retail & warehousing	Trend prediction	France
  Dorabot	Retail & warehousing	Warehouse automation	China
  Covariant AI	Retail & warehousing	Warehouse automation	United States
  Osaro	Retail & warehousing	Warehouse automation	United States
  Faire	Retail & warehousing	Wholesale marketplace	United States
  Metawave	Telecom	Antenna design	United States
  DeepSig	Telecom	Signal processing	United States
  Aurora	Transportation	Autonomous cars	United States
  Voyage	Transportation	Autonomous cars	United States
  TuSimple	Transportation	Autonomous trucking	United States
  HoloMatic	Transportation	AV software	China
  iSee	Transportation	AV software	United States
  Loadsmart	Transportation	Freight management	United States
  Ghost Locomotion	Transportation	Highway driving	United States
  KONUX	Transportation	Railway maintenance	Germany
  Graphcore	Cross-industry tech	AI processors	United Kingdom
  Kneron	Cross-industry tech	AI processors	United States
  Lightmatter	Cross-industry tech	AI processors	United States
  Syntiant	Cross-industry tech	AI processors	United States
  Xanadu	Cross-industry tech	AI processors	Canada
  DarwinAI	Cross-industry tech	AI model development	Canada
  DataRobot	Cross-industry tech	AI model development	United States
  H2O.ai	Cross-industry tech	AI model development	United States
  PerceptiLabs	Cross-industry tech	AI model development	Sweden
  dotData	Cross-industry tech	AI model development	United States
  Algorithmia	Cross-industry tech	DevOps & model monitoring	United States
  ArthurAI	Cross-industry tech	DevOps & model monitoring	United States
  Snyk	Cross-industry tech	DevOps & model monitoring	United Kingdom
  AInnovation	Cross-industry tech	NLP, NLG, & computer vision	China
  Hugging Face	Cross-industry tech	NLP, NLG, & computer vision	United States
  Primer	Cross-industry tech	NLP, NLG, & computer vision	United States
  Sherpa	Cross-industry tech	NLP, NLG, & computer vision	Spain
  Affectiva	Cross-industry tech	NLP, NLG, & computer vision	United States
  Blue Hexagon	Cross-industry tech	Cybersecurity	United States
  Obsidian Security	Cross-industry tech	Cybersecurity	United States
  SentinelOne	Cross-industry tech	Cybersecurity	United States
  Onfido	Cross-industry tech	Cybersecurity (ID verfication)	United Kingdom
  Abnormal Security	Cross-industry tech	Cybersecurity	United States
  C3.ai	Cross-industry tech	BI & operational intel	United States
  ClimaCell	Cross-industry tech	BI & operational intel	United States
  Falkonry	Cross-industry tech	BI & operational intel	United States
  Cresta	Cross-industry tech	Sales & CRM	United States
  Integrate.ai	Cross-industry tech	Sales & CRM	Canada
  Zhuiyi Technology	Cross-industry tech	Sales & CRM	China
  Deeplite	Cross-industry tech	Other R&D	Canada
  4Paradigm	Cross-industry tech	Other R&D	China
  InstaDeep	Cross-industry tech	Other R&D	United Kingdom
  Kyndi	Cross-industry tech	Other R&D	United States
  Nnaisense	Cross-industry tech	Other R&D	Switzerland
  HACARUS	Cross-industry tech	Other R&D	Japan
  SparkCognition	Cross-industry tech	Other R&D	United States

  AI 100 (2020)

  Track the 100 most promising AI startups to watch in 2020. Look for AI 100 (2020) in the Collections tab.

  Track the 2020 AI 100 winners

  AI 100 (2020)

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  Methodology: CB Insights datasets

  The AI 100 selections are a rigorous, data-informed process, combining CB Insights datasets with the research team’s industry expertise.

  The datasets and insights from CB Insights’ emerging tech insights platform that were leveraged to pick finalists include:

  • • • Patent Analytics to assess a company’s R&D strength and direction
      • Company Mosaic Scores to evaluate startup health, based on our National Science Foundation-backed algorithm that assesses a company’s health using 3 metrics: Market (how healthy is the industry the company is in?), Money (what is the financial health of the company?), and Momentum (how much traction does the company have?)
      • Business Relationships to identify partnerships and client-vendor relationships
      • Market Sizing Tools to assess growth opportunities and demand for the tech
      • Earnings Transcripts Search Engine & Analytics to identify key focus areas as well as bottlenecks for corporations
      • Competitor Data to assess tech novelty, market strength, and competitive landscape
      • News Trends for sentiment analysis

  Previous winners

  2019 AI 100

  

  2018 AI 100

  

  2017 AI 100

  

The post AI 100: The Artificial Intelligence Startups Redefining Industries appeared first on CB Insights Research.