Vue.ai Named in the 2021 CB Insights AI 100 List of Most Innovative Artificial Intelligence Startups

SAN FRANCISCO, April 13, 2021 -- CB Insights today named Vue.ai in their fifth annual AI 100 ranking, showcasing the 100 most promising private artificial intelligence companies in the world.

“This is the fifth year CB Insights has recognized the most promising private artificial intelligence companies with the AI 100, and this is one of the most global groups we've ever seen. This year's cohort spans 18 industries, and is working on everything from climate risk to accelerating drug R&D,” said CB Insights CEO Anand Sanwal. “Last year's AI 100 companies had a remarkable run after being named to the list, with more than 50% going on to raise additional financing (totaling $5.2B), including 16 $100 million+ mega-rounds. Many also went on to exit via M&A, SPAC or IPO. As industry after industry adopts AI, we expect this year’s class will see similar levels of interest from investors, acquirers and customers."

“We’re thrilled to be listed on CB Insights AI 100 2021 list this year. It’s been a wonderful experience enabling retailers across the globe to become AI-native. We’re excited for the AI-native Retail decade coming up”, said Ashwini Asokan, CEO at Vue.ai.

Through an evidence-based approach, the CB Insights research team selected the AI 100 from a pool of over 6,000 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.

Quick facts on the 2021 AI 100:

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.

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 six each in China and Israel, and five in Canada. Other countries represented in this year’s list include Japan, Denmark, Czech Republic, France, Poland, Germany, and South Korea.

About CB Insights:
CB Insights builds software that enables the world's best companies to discover, understand and make technology decisions with confidence. By marrying data, expert insights and work management tools, clients manage their end-to-end technology making process on CB Insights. To learn more, please visit: www.cbinsights.com

Contact:
CB Insights
awards@cbinsights.com

About Vue.ai:
Vue.ai is a first of its kind holistic A.I. stack & visual end-to-end platform that is redesigning the future of retail e-commerce across industries including retail, finance, ed-tech, hospitality, cosmetic dentistry. They solve retail’s most complex problems like inventory management, high operational costs & more. With image recognition, intelligent retail automation, search & analytics, the company helps retailers generate product & customer intelligence & combine these with market insights to contribute to revenue optimization & CLTV. With Vue.ai’s solutions, retail teams across the globe have access to critical behavioral data which puts the power of A.I. in the hands of eCommerce teams reducing dependence on tech teams to go beyond transactions & align the tech to their business goals, boosting productivity across every function in the organisation. For more information, please visit: https://vue.ai

Contact:
Akshara Subramanian
Director, Customer Marketing, Events & PR
akshara@madstreetden.com

203 Redwood Shores Pkwy,
#540 Redwood City,
California 94065

Vue.ai is a first of its kind holistic A.I. stack & visual end-to-end platform that is redesigning the future of retail e-commerce across industries including retail, finance, ed-tech, hospitality, cosmetic dentistry.

Using image recognition and data science, we help retailers generate product, and customer intelligence, and combine these with market insights, to power growth.

End-to-end A.I. solutions across retail functions: We help retailers move up the digital maturity curve with unified A.I. solutions that are flexible and scalable. We enable intelligent retail automation, digitization and real-time dynamic personalization across the retail organization.

Our A.I. stack has been designed for retail and empowers businesses to gain deep insights on understanding every customer at an individual level, thereby enabling them to deploy a number of strategic business decisions across the value chain. No matter what your retail business, we’ve got a solution for you.

Vue.ai's parent company Mad Street Den is a venture-backed company founded by Ashwini Asokan & Anand Chandrasekaran.

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This release was published on openPR.