Anodot named on list of 100 most innovative AI startups
CB Insights today named Anodot to the third annual AI 100 ranking, showcasing the 100 most promising private artificial intelligence companies in the world. In addition to disrupting core sectors including healthcare, telecommunications, semiconductor, government, retail, and finance, the 2019 AI 100 companies are revamping the broader enterprise tech stack. These companies span the globe, from the US, UK, Israel, Japan, China, Germany, Sweden, and Canada, and are supported by more than 680 investors from 29 countries.
"After being named to the AI 100 in 2018, last year's honorees raised nearly $4.5bn across 45 deals with 6 going on to be valued at $1bn or more," said CB Insights CEO Anand Sanwal. "The data we compiled on this year's nominees, ranging from their customers to their patents to their CB Insights' Mosaic scores, revealed 100 AI companies that are driving transformation across a number of industries and which are taking on a variety of large societal issues ranging from disaster management to cancer diagnosis to detecting fake news. We expect these companies will see similar levels of momentum and progress in 2019 and are excited to continue to track their progress."
"We are honoured to be recognised by the 2019 CB Insights AI 100 for Anodot's advancements in AI/ML solutions," said David Drai, CEO and Co-Founder of Anodot. "As we continue to grow globally, Anodot's autonomous analytics will consistently provide customers with real-time anomaly detection and root cause analysis, instantly delivering essential alerts on business incidents every time."
Through an evidence-based approach, the CB Insights research team selected the AI 100 from over 3,000 companies based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights' algorithm, measures the overall health and growth potential of private companies to help predict a company's momentum.
Anodot helps top enterprises all over the world leverage machine learning based anomaly detection to achieve more predictable results. By swiftly pinpointing the scope and source of problems within massive amounts of data, Anodot's patented algorithms ensure faster-time-to detection and root cause analysis that traditional BI tools and dashboards can't deliver. Headquartered in Israel and the US, Anodot gets to the root of business issues related to sales and revenue assurance, risk, compliance and operations by processing huge volumes of data in real time, reducing time to detection and resolution.