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Matroid Named to the 2021 CB Insights AI 100 List of Most Innovative Artificial Intelligence Startups

 

 

NEW YORK, April 7, 2021 -- CB Insights today named Matroid to the 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."

“Matroid is honored to be recognized as the sole computer vision company in CB Insights AI top 100 rankings. We are excited to continue our endeavors of democratizing computer vision, allowing everyone to benefit from the power of world class computer vision.” - Reza Zadeh, the founder and CEO at Matroid.

 

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. 

 

As leaders in machine learning and big data, Matroid offers an intuitive platform for creating and deploying computer vision models called detectors, with no programming experience necessary. Using Matroid, enterprise users can build, test and deploy those models through Matroid’s technology without writing a single line of code. This is why we are revolutionizing computer vision. We are removing the barrier to entry for our customers to build, test, and deploy state of the art computer vision solutions

 

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 Matroid

Matroid (www.matroid.com) is paving the way to a new era in computer vision, while keeping it simple to use. Try it out and see for yourself! Let us know if you need help, we are happy to assist. Email us at sales@thematroid.com.

 

Contact:   Jeffrey Zeller, Director of Sales

Jeff.Zeller@thematroid.com 720-878-3482