Canvass Analytics Named in Startup50’s Top Startups in Tech Report

Toronto, February 14, 2019 – Canvass Analytics Inc. a global leader in AI software for intelligent industrial operations, is proud to announce that it has been named a ‘Hot Startup to Watch’ in Startup50’s 2018-19 Startup Report. The Big50 2018-19 Startup Report spotlights 50 high-upside startups that have gained a foothold in fast-growth tech sectors. Collectively, the Startups featured in the 2018-19 report have raised nearly $3 billion in total VC funding.

Humera Malik, CEO of Canvass Analytics commented:
“This latest award from Startup50 recognizes the continued dedication of the Canvass team to achieve our vision of empowering intelligent industrial operations across the globe. This award bolsters our commitment to our growth strategy that focuses on increasing our customer footprint, scaling up globally and continuing product development investments in our AI platform.”

Jeff Vance, founder and Editor-in-Chief of Startup50 commented:
“More than 250 startups were considered for the Big50 2018-19. The startups in this report are the ones that have the right combination of attributes, such as funding and named customers, that show they’re ready to compete in a cut-throat market. They are in a good position to follow in the footsteps of recent Big50 alumni, several of which have gone on to raise massive rounds of funding, followed by successful IPOs or high-dollar acquisitions.

Funded by Google’s AI-fund, Gradient Ventures, Canvass Analytics provides an AI-powered intelligent industrial operations platform enabling its customers to improve quality, lower production costs and reduce their energy consumption. Canvass Analytics’ customers include Fortune 500 industrial companies across the manufacturing and Oil and Gas sectors. Canvass Analytics recently announced that Olam, one of the world’s largest agri-businesses, had signed an agreement to utilize Canvass’s platform across its businesses.

About Canvass Analytics
Canvass Analytics is a global leader in AI software for intelligent industrial operations. Canvass provides an enterprise grade platform for industrial customers to implement and scale automated industrial operations in a matter of days, using its predictive models pipeline. Today, Fortune 500 companies are using the platform to automate complex production processes, generate new revenue streams and create new markets by producing higher grade products. Funded by Google’s Gradient Ventures, Canvass Analytics’ customers include leading automotive, aerospace, energy, and food and agriculture companies globally. For more information, visit www.canvass.io, follow us on Twitter: @canvassAI or LinkedIn: https://www.linkedin.com/company/canvassanalytics/

About Startup50.com and the Big50 2018-19

Jeff Vance founded Startup50 in 2013 to establish a site that would evaluate, test, and track hot technology startups. Prior to founding Startup50, Jeff regularly contributed features stories to Forbes.com, Network World, CIO, Wired, and many others. He also founded and still runs Sandstorm Media, a content marketing consultancy, in 2003.

The Big50 is Jeff’s yearly roundup of the hottest 50 tech startups to watch. To be featured in the Big50, startups must go through Startup50’s rigorous vetting process. The startups in this year’s report represent the technologies, market sectors, and trends that are poised to upend the economic status quo in the coming year and beyond. Read about them at www.startup50.com.

Canvass Analytics
325 Front Street West
2nd Floor
Toronto, Ontario M5V 2Y1

Media relations: Ashleigh Young ashleigh.young@canvass.io

This release was published on openPR.