Top 10 most sought-after AI startups of 2022

Among the hottest AI startups in 2022, some companies provide low-code, drag-and-drop models to allow users to obtain insights generated by AI, and some companies provide scheduling automation tools for managed service providers. Others provide wildfire detection services based on AI and computer vision. Among them, there are many AI software companies such as AI Squared, TimeZest and Pano.

The services provided by these AI technology companies can bring new revenue to enterprises, help them obtain revenue faster, and at the same time save operating costs. They are facing high demand in the United States. At a time of inflation and a potential recession, that could be a sign of success.

Let’s take a look at this list:

• AI Squared
• Capacity
• Credo AI
• EvaBot
• Lightning AI
• Observe.AI
• Pano
• Spot AI
• TimeZest
• Zowie

Some of these startup CEOs have impressive resumes, with experience at companies like the NSA, Microsoft, Twitter, Nest, Meraki, ConnectWise, and IBM.

Here’s a closer look at how these startups made it onto the list of the 10 hottest AI startups in 2022:

AI Squared

CEO: Benjamin Harvey

Headquarters: Washington, DC, USA

Website: squared.ai

AI Squared is known for its low The code-based, drag-and-drop model impresses users, who can get AI-generated insights from their web applications, skipping time-consuming development cycles.

According to AI Squared, they have integrated machine learning models such as PyTorch, Keras, and TensorFlow with commercial applications from vendors such as Salesforce, SAP, Microsoft, and Oracle.

In June this year, AI Squared received US$6 million in a seed round of financing led by NEA and participated by Ridgeline Partners. It is said that the funds will be used for product development and personnel recruitment.

In October this year, Benjamin Harvey, CEO of AI Squared, said in an interview that the company’s valuation has exceeded 50 million US dollars, and he hopes to raise at least 50 million US dollars in Series A financing, with a valuation of 5 One hundred million U.S. dollars.

According to his LinkedIn page, he worked at Maxar Technologies for more than a year before founding AI Squared last year, and his title when he left was director of data science.

According to LinkedIn information, he worked at Databricks for more than a year before Maxar and left in 2020. His title was solution architect and data scientist.

Harvey worked at the National Security Agency for about 10 years, and his title when he left in 2019 was director of data science operations.

Capacity

CEO: David Karandish

Headquarters: St. Louis, USA

Website: capacity.com

Capacity brings conversational AI to an enabling automation platform, providing a complete technology stack.

The goal of the platform is to answer user questions and automate repetitive support tasks, such as asking about company insurance plans or obtaining travel reimbursements.

According to Capacity, their partner program is mainly aimed at distributors, outsourcers, service providers and other business types of partners.

It is said that Capacity received US$27 million in Series C financing in January this year, bringing the total financing amount to more than US$38 million. Capacity pledged to use the money for hiring and enhancing product features.

According to Capacity CEO David Karandish’s LinkedIn page, he served as CEO of question-and-answer site Answers for about five years before founding Capacity in 2017.

Credo AI

CEO: Navrina Singh

Headquarters: Palo Alto, California, USA

Website: credo.ai

The United States has introduced regulations for AI and automation tools. For example, New York City has a law requiring bias audits of automated employment decision-making tools, which will take effect on January 1.

The Palo Alto, California-based startup said that in order to give users of AI tools more peace of mind, Credo AI provides an AI governance platform to evaluate the fairness, performance, transparency, and security of systems and reporting. sex, privacy and other measures.

In early November, Credo released enhancements to the platform, including an improved Lens open source evaluation framework.

In October, Credo held the Global RAI (Responsible AI) online summit, which brought together professionals from industry, government, policy, and academia.

In May, Credo received US$12.8 million in Series A financing led by Sands Capital, with participation from Decibel and AI Fund. According to a statement at the time, Credo committed to using the funds for product development, go-to-market recruitment, and support of emerging standards and policies.

According to Credo CEO Navrina Singh’s LinkedIn information, she was the director of product management for Microsoft’s AI division before co-founding Credo in 2020. After working at Microsoft for three years, she joined the company in 2019 leave.

According to LinkedIn, while working at Microsoft, she "led a team mainly responsible for end-user experience, brought new SaaS services, and created virtual agents (chatbots) for enterprise customers" and was committed to " Product definition, product roadmap, product strategy, and product go-to-market strategy, including SaaS licensing and business model.”

In addition, she is a member of the U.S. Department of Commerce’s National Artificial Intelligence Advisory Committee and a board member of the Mozilla Foundation.

EvaBot

CEO: Rabi Gupta

Headquarters: San Francisco, USA

Website: evabot.com

EvaBot offers an AI-based gifting service that asks customers for their preferences and even information about allergies and dietary restrictions before sending personalized gifts.

Service users can provide surprise lunches, emails, notes and more that strengthen relationships with customers, according to the San Francisco-based startup.

In August, EvaBot announced that it had received US$8.33 million in Series A financing, plus US$2.5 million in debt financing. The round was led by Comcast Ventures, with participation from Alumni Ventures, Bloomberg Beta, Precursor Ventures, Forefront Venture Partners and Silicon Valley Bank.

At the time EvaBot reported that the number of running gifts had exceeded 125,000, with as many as 45,000 options in the gift roster.

According to the LinkedIn information of EvaBot CEO Rabi Gupta, he co-founded EvaBot in 2017.

In 2016, he sold a TV channel mobile application platform called iCouchapp, which had more than 2 million monthly active users when it was acquired by Vidooly. In 2013, he co-founded iCouchapp.

Lightning AI

CEO: William Falcon

Headquarters: New York, USA

Website: lightning.ai

In June this year, Lightning AI received $40 million in Series B financing for its platform and framework, which left a deep impression. The platform and framework can build AI-enabled products and services into applications with modular components.

Lightning AI has formed a team around the PyTorch open source machine learning framework. The team is led by chief engineer Mike Ruberry. According to his LinkedIn information, he moved to Lightning AI from the parent company of Facebook in August this year.

In September, Lightning AI launched an application that simplifies the generation of synthetic data for computer vision machine learning models. According to the announcement, the app can also train models on GPUs and is built on the Nvidia Omniverse Replicator software development kit (SDK).

According to Lightning AI, the application is suitable for logistics, inventory, warehouse management, retail and other fields.

According to the LinkedIn information of William Falcon, CEO of Lightning AI, he co-founded NextGenVest and served as the chief technology officer of the startup before founding the company in 2019. In 2018, fintech company CommonBond acquired NextGenVest.

Falcon created and open sourced the lightweight PyTorch wrapper PyTorch Lightning in 2019. According to his LinkedIn information, he also held the rank of captain in the United States Air Force.

Observe.AI

CEO: Swapnil Jain

Headquarters: San Francisco, USA

Website: observe. ai

Earlier this year, Observe.AI raised $125 million in Series C funding, promising to expand its direct sales and channel product go-to-market teams.

The San Francisco-based startup offers a contact center performance conversation intelligence platform, as well as reporting and analytics capabilities for sharing a variety of information, including customer sentiment over time, which teams are driving the highest sales conversions, and whether there are significant compliance errors.

In September this year, Observe.AI launched a conversational intelligence consulting service to assist implementation, map business goals to interactive analysis, automate tasks, and other operations.

In early November, Observe.AI announced a new integration with Zoom (also an investor in Observe.AI), bringing Observe’s conversational intelligence capabilities to Zoom.

Observe.AI recently appointed Chief Customer Officer Deepak Kumar, and Senior Vice President of Engineering Puneet Agarwal.

According to the LinkedIn information of company CEO Swapnil Jain, he worked at Twitter for more than three years before co-founding Observe.AI in 2017, and his title when he left was the head of the technical team.

Pano

CEO: Sonia Kastner

Headquarters: San Francisco, USA

Website: pano.ai

Pano provides governments, utilities, insurance companies, and private landowners with a fully managed service powered by AI and computer vision for proactive detection of wildfires.

Fire professionals can use the Pano Rapid Detect platform to detect and assess fires and also disseminate information to responders, the San Francisco-based startup said. Businesses and homeowners can also use Pano's platform to monitor their properties.

Users will receive a unified view that includes high-definition and traditional cameras, satellite data, field sensors, emergency alerts and other information, it said. Pano's cameras have a 15-mile radius for detecting fires.

In September this year, Pano received US$20 million in Series A financing, which was led by Initialized Capital, Congruent Ventures, Convective Capital, DCVC, January Ventures, Quiet Capital, Lookout’s Kevin Mahaffey, and AllTrails Jade van Doren of Veritas Software, Mark Leslie of Veritas Software, and Oleg Rogynskyy of People.ai participated.

According to the LinkedIn information of Pano CEO Sonia Kastner, she worked at Pax before founding Pano in 2019. She worked for less than a year and became the vice president of supply chain in 2017. Resign.

According to LinkedIn information, she also worked for Nest, a subsidiary of Google, for more than a year, leaving in 2015 with the title of global supply manager. During this period, she was "responsible for the main production of more than 5 different Nest products." Supply chain for electromechanical components including batteries, displays, audio and power adapters”.

Spot AI

CEO: Tanuj Thapliyal

Headquarters: Burlingame, California, USA

Website: spot.ai

In early November this year, Spot AI announced that it had received US$40 million in Series B financing to invest in an AI camera system designed to help enterprises improve safety, efficiency and customer experience.

This round of financing was led by Scale Venture Partners, with participation from Redpoint Ventures, Bessemer Venture Partners, new investors StepStone Group and MVP Ventures.

The Burlingame, Calif.-based company promises a way to modernize existing security systems without having to replace cameras. The Spot AI system’s AI alerts and intelligence dashboard can notify users without requiring them to watch video footage, while users can monitor the health of their cameras.

Spot’s partner program is mainly aimed at resellers and integrators.

In November this year, Spot launched a license plate recognition feature that allows users to search for video clips of specific vehicles. In October, Spot improved its live view and dashboards in the mobile app.

It is said that Spot launched a video intelligence product last year and its revenue increased fivefold year-on-year. Its products are deployed in thousands of locations across the United States, including car washes, warehouses, non-profit organizations and medical companies.

According to the LinkedIn information of Spot CEO Tanuj Thapliyal, he co-founded Spot in 2018. He previously worked at Meraki for about two years, leaving in 2013 with the title of hardware programmer.

According to LinkedIn information, he serves as "lead technical project manager/system engineer for 11 types of enterprise network equipment (WiFi routers, fiber optics and modules, firewalls, switches)" at Meraki.

TimeZest

CEO: Gerwai Todd

Headquarters: Tampa, Florida, USA

Website: timezest.com

This Tampa, Florida-based startup provides managed service providers with scheduling automation integrated with Autotask and ConnectWise. Its goal is to save MSPs time and reduce the number of unforeseen events. situations that arise.

According to TimeZest, TimeZest’s service provider users include F1 Solutions, Stratosphere Networks and Tech Experts.

TimeZest CEO Gerwai Todd founded Triafy, another AI-based partner tools provider, before co-founding TimeZest in 2020. According to his LinkedIn profile, he also continues to serve as president of Triafy, a company focused on simplifying the classification of information when new service tickets are opened.

According to his LinkedIn information, he served as the chief operating officer of MSP training provider CharTec, leaving in 2018.

Prior to this, he worked at ConnectWise for more than seven years, leaving in 2016 with the title of Director of Business Development.

Zowie

CEO: Maja Schaefer

Headquarters: New York, USA

Website: getzowie.com

Zowie has impressed people with its AI chatbots for e-commerce brands like L’Oreal and Avon.

Since August, Zowie has hosted a webinar with Google to introduce how to use Zowie with Google Business Messages.

According to Zowie, Zowie’s chatbot can answer common questions without training, can be connected to all e-commerce and marketing platforms, and promises to save each customer service agent two hours a day and 70% of their work time. The order will be automatically completed after 4 weeks.

Zowie’s partner program is mainly aimed at consulting firms, software agencies and service providers. It is said that members of the program will receive resources such as partner managers, practical training, marketing and product materials.

In May this year, Zowie announced that it had received US$14 million in Series A financing. This round of financing was led by Tiger Global Management, with participation from Google’s AI fund Gradient Ventures, 10xFounders, Inovo and Lattice CEO Jack Altman , the funds will be used to expand capabilities and recruit additional sales staff for international growth.

According to Zowie CEO Maja Schaefer’s LinkedIn information, she was the CEO and co-founder of custom software developer Codeheroes before founding the company in 2019.

According to LinkedIn, she also worked as a software engineer at IBM for more than two years, leaving the company in 2015.

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