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H2O.ai Recognised in the 2020 CB Insights AI 100 List of Most Innovative Artificial Intelligence Startups
March 4, 2020 News

 

H2O.ai, the open source leader in AI and machine learning, announced that it has been named to CB Insights’ fourth annual AI 100 ranking, showcasing the 100 most promising private artificial intelligence companies in the world.

“It’s been remarkable to see the success of the companies named to the Artificial Intelligence 100 over the last four years. The 2019 AI 100 saw 48 companies go on to raise $4.9B of additional financing,” said Anand Sanwal, CEO at CB Insights. “It has been gratifying to see that CB Insights’ data-driven approach to identifying the top AI companies using patents, customer traction, investor quality, market sizing and more has become so effective at picking the AI winners of tomorrow. We look forward to seeing what the 2020 AI 100 companies will accomplish over the course of this year and beyond.”

In addition to disrupting core sectors including healthcare, retail, and finance, the 2020 AI 100 companies are revamping the broader enterprise tech stack. These companies span the globe, from the US, UK, China, Chile and South Africa, and are supported by more than 600 investors.

Through an evidence-based approach, the CB Insights research team selected the AI 100 from nearly 5,000 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.

H2O.ai’s mission is to democratise AI, empowering every company to be an AI company. The company offers platforms for users across the business, including open source platform H2O-3, automatic machine learning platform H2O Driverless AI, and the recently announced H2O Q, an AI platform for business users. Thousands of organisations across all industries – from healthcare to finance to retail – are leveraging these platforms to solve numerous AI transformation use cases.

The recognition from CB Insights further validates H2O.ai’s position in the market, and follows H2O.ai’s recognition as a Visionary in two recent Gartner Magic Quadrants: the Gartner Magic Quadrant for Data Science and Machine Learning and the new Gartner Magic Quadrant for Cloud AI Developer Services.

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