Enlitic Selected to the 2017 AI 100, Highlighting Advancements in Deep Learning in Medical Imaging and Diagnostics
Santa Barbara, CA, January 11, 2017 — CB Insights today selected Enlitic to the prestigious Artificial Intelligence 100 list (“AI 100”), a select group of emerging private companies working on groundbreaking artificial intelligence technology. CB Insights CEO and co-founder, Anand Sanwal, revealed the winners during The Innovation Summit, a gathering of top executives and investors to explore the industries of the future.
“We are honored and excited to be named to the CB Insights AI 100 alongside artificial intelligence and deep learning technology pioneers. AI supported diagnostic solutions will drive significant efficiencies in healthcare delivery while providing rich insights in areas such as early detection treatment planning and disease monitoring. We are excited about our work and what it will mean for healthcare in the 21st century” said Sally Daub, Board Member, Enlitic.
Companies such as Affectiva, Blue River Technology, Deep Instinct, Sentient Technologies and Orbital Insight joined Enlitic in being recognized for their amazing teams, technology, and traction in front of an audience of 400 senior executives from around the world.
The CB Insights research team selected the AI 100 winners based on a combination of data submitted by the companies, responses to interview questions and the company’s Mosaic Score. Mosaic is an algorithm built with funding from the National Science Foundation that gives predictive intelligence into the health of private companies.
“From financial services to healthcare to transport, incumbent companies in every industry are seeing that AI will reshape their industries. And as so often happens, transformational innovation comes from emerging companies. In the case of AI, a lot of the groundbreaking work is being done by the AI 100. The companies in the AI 100 are accelerating research, improving efficiency, and making many game-changing advancements that will be felt for decades to come,” CB Insights CEO Anand Sanwalsaid.
Quick facts on the AI 100:
In total, these 100 emerging private companies have raised $3.8B across 263 deals since 2012, according to CB Insights.
Applications of their technology include breakthroughs in healthcare, drug discovery, business intelligence, gaming, manufacturing, and much more.
More than 1,650 companies were nominated or applied for the AI 100 (only 6% were selected).
Data Collective has backed 14 of the AI 100 companies, while NEA backed 8 and Bloomberg Beta backed 7.
There have been 9 mega-rounds (funding rounds of $100M or more) to AI 100 companies since 2014.
Five AI 100 companies have reached a valuation of $1B or more (also known as unicorn status).
11 countries are represented among the winners.
Enlitic’s achievements in deep learning promise to revolutionize medical imaging and diagnostic healthcare by reducing false negatives and delivering more accurate results, faster.
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About The Innovation Summit:
From voice and chat interfaces to AI replacing investment managers and doctors to the new revenue models enabled by the Industrial Internet of Things, the Innovation Summit marries CB Insights’ emerging trend research with the thinking of the world's smartest minds - leading VCs, economists, researchers and corporate strategists.
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