PALO ALTO, Calif., April 7, 2021 /PRNewswire/ — CB Insights in the present day named Fiddler AI to the fifth annual AI 100 rating, showcasing the 100 most promising personal synthetic intelligence corporations on the earth.
“That is the fifth yr CB Insights has acknowledged probably the most promising personal synthetic intelligence corporations with the AI 100, and this is without doubt one of the most world teams we have ever seen. This yr’s cohort spans 18 industries, and is engaged on all the things from local weather threat to accelerating drug R&D,” mentioned CB Insights CEO Anand Sanwal. “Final yr’s AI 100 corporations had a exceptional run after being named to the listing, with greater than 50% happening to lift extra financing (totaling $5.2B), together with 16 $100 million+ mega-rounds. Many additionally went on to exit by way of M&A, SPAC or IPO. As {industry} after {industry} adopts AI, we count on this yr’s class will see related ranges of curiosity from buyers, acquirers and clients.”
“We’re honored to be named to the AI 100 listing and excited that our mission to construct belief in AI is rapidly turning into vital in in the present day’s world. Algorithms rule our lives – from information consumption to mortgage financing, our lives are pushed by algorithms. Most algorithms are AI-based and more and more black bins. We can’t permit algorithms to function with an absence of transparency. We’d like accountability to construct belief between people and AI. Fiddler’s mission is to construct belief with AI by repeatedly monitoring fashions and unlocking the AI black field with explainability,” mentioned CEO & Founder, Krishna Gade.
By means of an evidence-based method, the CB Insights analysis crew chosen the AI 100 from a pool of over 6,000 corporations primarily based on a number of components together with patent exercise, investor high quality, information sentiment evaluation, proprietary Mosaic scores, market potential, partnerships, aggressive panorama, crew power, and tech novelty. The Mosaic Score, primarily based on CB Insights’ algorithm, measures the general well being and progress potential of personal corporations to assist predict an organization’s momentum.
Fiddler’s Mannequin Efficiency Monitoring answer permits knowledge science and AI/ML groups to validate, monitor, clarify, and analyze their AI options to speed up AI adoption, meet regulatory compliance and construct belief with end-users. They supply full visibility and understanding of AI options to clients. Fiddler has been acknowledged for its industry-leading capabilities and innovation – they had been named a Technology Pioneer 2020 by the World Economic Forum, one among Forbes’ companies to watch on its 2020 AI 50 listing, and a 2019 Cool Vendor in Gartner’s Enterprise AI Governance and Ethical Response Report.
Fast info on the 2021 AI 100:
- Fairness funding and offers: Since 2010, the AI 100 2021 cohort has raised over $11.7B in fairness funding throughout 370+ offers from greater than 700 buyers.
- 12 unicorns: Firms with $1B+ valuations on the listing span functions as various as knowledge annotation, cybersecurity, gross sales & CRM platforms, and enterprise search.
- Geographic distribution: 64% of the chosen corporations are headquartered within the US. Eight of the winners are primarily based within the UK, adopted by six every in China and Israel, and 5 in Canada. Different nations represented on this yr’s listing embrace Japan, Denmark, Czech Republic, France, Poland, Germany, and South Korea.
About CB Insights
CB Insights builds software program that permits the world’s finest corporations to find, perceive and make expertise selections with confidence. By marrying knowledge, professional insights and work administration instruments, purchasers handle their end-to-end expertise making course of on CB Insights. To study extra, please go to www.cbinsights.com.
Contact:
CB Insights
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About Fiddler AI
Fiddler’s mission is to allow companies of all sizes to unlock the AI blackbox and ship clear AI experiences to end-users. We allow companies to construct, deploy, and preserve reliable AI options. Fiddler’s next-generation ML Mannequin Efficiency Administration answer permits knowledge science and technical groups to watch, clarify, and analyze their AI options, offering accountable and dependable experiences to enterprise stakeholders and clients. Fiddler works with pioneering Fortune 500 corporations in addition to rising tech corporations. For extra data please go to www.fiddler.ai or observe us on Twitter @fiddlerlabs and LinkedIn.
CONTACT:
Fiddler AI
[email protected]
SOURCE Fiddler AI
