Top 10 AI Startups Trying to Change Shape of World

In the dynamic landscape of technology and innovation, a new wave of transformation is sweeping across the world, driven by Artificial Intelligence (AI). As the capabilities of AI continue to evolve, a diverse set of startups is emerging, each harnessing the power of AI to redefine industries, revolutionize processes, and reshape the very fabric of our world. These forward-thinking companies are at the forefront of the AI revolution, with a common goal: To change the shape of the world as we know it.

From healthcare to finance, from agriculture to cybersecurity, these AI startups are leveraging cutting-edge technologies to solve complex challenges and unlock unprecedented opportunities. With their innovative approaches, these startups are not only pushing the boundaries of what AI can achieve but also challenging conventional norms across various sectors.

Their breakthroughs are not just technological but they are transformative, opening doors to a future that was once confined to the realm of science fiction.

In this exploration, we delve into the profiles of the top 30 AI startups that are driving this monumental shift. Each startup is a testament to the creativity and ingenuity of human minds, as they harness AI to create solutions that were once thought to be impossible.

As we embark on this journey through the world of AI entrepreneurship, we gain insights into the diversity of applications, the impact on industries, and the potential to reshape our world in ways we could have never imagined.

1. Abnormal Security

Abnormal Security is a cybersecurity startup that specializes in using artificial intelligence to protect organizations from email-based threats and cyberattacks. The company focuses on leveraging advanced machine learning algorithms to detect and prevent phishing, business email compromise, and other email-related security breaches.

Problem Statement

Email has long been a vector for cyberattacks, with phishing and other fraudulent activities targeting users through malicious emails. These attacks can lead to data breaches, financial losses, and compromised security. Abnormal Security addresses this critical issue by applying AI-driven analytics to identify and mitigate email-based threats that traditional security solutions may miss.

Started Since

Abnormal Security was founded in 2018.

Important Facts About Abnormal Security – AI Startup

What was the amount raised by Abnormal Security in its most recent funding round?

Abnormal Security secured an undisclosed amount in its latest funding round, known as the Series C round, conducted on March 29, 2023.

What is the cumulative funding that Abnormal Security has garnered up to this point?

Abnormal Security has successfully raised a total funding of $285 million across five funding rounds.

Who are the primary investors leading Abnormal Security’s latest funding round?

The lead investor in Abnormal Security’s most recent funding round, conducted on March 29, 2023, is CrowdStrike.

How many investors are associated with Abnormal Security?

Abnormal Security has a total of six investors, among which six are institutional investors. These include notable names such as Greylock and five others.

Here is a list of institutional investors that have invested in Abnormal Security:

1. CrowdStrike, headquartered in Sunnyvale (United States), initiated their investment in Abnormal Security during the Series C round on March 29, 2023.
2. Insight Partners, based in New York City (United States), made their first investment in Abnormal Security on May 10, 2022, during the Series C round.
3. Greylock, located in Menlo Park (United States), made their initial investment in Abnormal Security on April 1, 2018, during the Seed round.
4. Menlo Ventures, situated in Menlo Park (United States), entered into an investment partnership with Abnormal Security on November 18, 2020, as part of the Series B round.

What funding round stands as the most substantial for Abnormal Security?

Abnormal Security’s most significant funding round was its Series C round, which occurred on May 10, 2022, and raised a substantial $210 million.

What is the estimated value attributed to Abnormal Security?

As of May 10, 2022, Abnormal Security’s valuation stands at $4 billion.

Does Abnormal Security hold the status of a Unicorn?

Indeed, Abnormal Security has achieved Unicorn status, boasting a valuation of $4 billion.

Location

Abnormal Security is located in San Francisco, California, USA.

The startup’s approach demonstrates how AI can play a pivotal role in enhancing cybersecurity measures, safeguarding organizations’ sensitive information, and contributing to a safer digital environment.

2. Open AI – AI Startup

OpenAI is a cutting-edge artificial intelligence research lab and organization that focuses on developing advanced AI technologies and making them accessible for the betterment of humanity. Established with the mission to ensure that artificial general intelligence (AGI) benefits all of humanity, OpenAI aims to create AI that is safe, ethical, and beneficial.

Founding Year

OpenAI was founded in December 2015.

Problem Statement

The core challenge that OpenAI addresses is the responsible development and deployment of artificial general intelligence. As AI technologies advance, the potential benefits are enormous, but the risks and ethical concerns must be managed effectively to avoid harmful consequences.

FAQ for Investment and Investors

Q: Can I invest in OpenAI? A: OpenAI is not a traditional startup seeking investment from external parties. It operates as a research organization and has attracted funding from specific sources aligned with its mission.

Investors

OpenAI has received funding from various sources, including venture capital firms, private philanthropists, and technology industry leaders. Prominent investors and supporters like Microsoft, Reid Hoffman, Sam Altman, Sequoia Capital, Andreessen Horowitz, Founders Fund, Thrive, and K2 Global have been identified as participants acquiring new shares, as indicated by few sources on internet.

Valuation

Collectively, all venture capital entities have injected slightly over $300 million into the company, resulting in a valuation ranging from $27 billion to $29 billion. This round of funding is distinct from a substantial investment by Microsoft, which was revealed earlier this year and concluded in January. The precise amount of Microsoft’s investment is estimated at approximately $10 billion, a figure that aligns with the information shared by our trusted source.

Location

OpenAI is headquartered in San Francisco, California, USA.

OpenAI’s dedication to advancing AI research and ensuring its responsible use has garnered attention and support from both the tech industry and philanthropic circles. It serves as a prominent example of how AI can be developed with a focus on ethical considerations and the greater good.

3. Adept AI- An AI Startup

Adept AI is an innovative startup that specializes in developing advanced artificial intelligence technologies with a focus on natural language processing (NLP) and machine learning. The company is dedicated to creating intelligent solutions that enhance communication, understanding, and interaction between humans and machines.

Startup Background

Adept AI was founded in 2017.

Problem Statement

Adept AI addresses the challenge of bridging the gap between human language and machine understanding. The complexity of natural language often poses difficulties for machines to comprehend, interpret, and respond accurately. Adept AI aims to create AI-driven tools that facilitate seamless communication and interaction between humans and machines.

Leadership and Founding Team at Adept

Adept is steered by visionary leaders and co-founders who drive its innovation:

• Ashish Vaswani, Co-Founder, has a proven track record, being the founder of 1 company and an angel investor in 1 company.
• Fred Bertsch, Co-Founder, is recognized as the founder of 1 company.

Funding Progress for Adept

Adept’s funding journey has been noteworthy:

• Adept has secured a total funding of $415 million across 2 funding rounds.
• The inaugural funding round occurred on April 26, 2022.
• A pivotal Series B funding round took place on March 14, 2023, amassing $350 million in investment.
• In the latest funding round, 13 investors participated, with General Catalyst and Spark Capital leading the way.

Investor Network of Adept

Adept’s growth has attracted the support of diverse investors:

• Adept boasts 18 institutional investors, including notable names like Greylock, Spark Capital, and General Catalyst.
• Accomplished figures such as Scott Belsky and 5 others contribute as Angel Investors in Adept.

Adept’s Competitive Landscape

Adept operates in a dynamic competitive landscape:

• Adept faces competition from 51 active contenders, and it holds the 3rd position among them.
• Among these competitors, 17 have secured funding, while 4 have undergone exits.
• Collectively, Adept and its contenders have amassed over $12.3 billion in funding through 37 funding rounds, involving a total of 103 investors.
• Notably, there are no private Unicorns within this competitive sphere.

Leading Competitors of Adept

Adept’s notable rivals include:

• OpenAI – Founded in 2015, based in San Francisco, and having reached Series E funding.
• DeepMind – Established in 2011, headquartered in London, and acquired by a larger entity.
• Mistral AI – Founded in 2019, located in Paris, and currently in its seed stage of development.

Valuation:

Current Valuation of Adept AI is $1B

Location

Adept AI is headquartered in San Francisco, United States.

Adept AI’s commitment to advancing natural language processing and machine learning technologies signifies its dedication to improving human-machine interactions. By focusing on the complexities of language, Adept AI has the potential to contribute to more effective communication in the digital age.

4. Uniphore -Conversational AI Startup

Uniphore is an innovative startup at the forefront of AI-driven solutions. Founded with a vision to revolutionize customer engagement and business operations, Uniphore specializes in offering advanced technologies that seamlessly integrate artificial intelligence into various facets of enterprise interactions.

Uniphore stands as a pioneering AI-centric entity, purposefully designed to scale and seamlessly integrate AI across all facets of the enterprise journey. Our advanced multimodal AI and data platform, tailored for enterprise deployment, brings together the realms of voice, video, text, and data.

Our approach harnesses the power of Generative AI, Knowledge AI, Emotion AI, and workflow automation, collaboratively serving as your steadfast companion. This is the essence of enterprise AI offered by Uniphore—a driving force behind the creation of exceptionally captivating customer and employee interactions.

Startup background

Nurtured by a spirit of innovation, Uniphore took its formative steps in 2008. Over the years, Uniphore’s growth has been nothing short of remarkable, as we have expanded at an exponential pace. Presently, we proudly serve a multitude of the world’s most significant enterprise clients, entrusted with assisting them in millions of conversations. Our workforce stands at approximately 800+ individuals, strategically positioned across diverse global hubs including the U.S., India, U.K, Spain, Israel, Japan, and Singapore.

Problem Statement

Uniphore addresses the challenge of enhancing customer engagement and operational efficiency through the responsible and effective integration of AI technologies. The complexity of human-machine interactions and the need for personalized experiences have created a demand for innovative solutions that can elevate customer interactions and streamline business processes.

Uniphore’s X Platform delivers cutting-edge AI technologies and resources that enable enterprises to seamlessly incorporate AI into their contact centers and sales operations, all while adhering to responsible practices.

Can I invest in Uniphore?

Uniphore has attracted investments from various sources. For the latest investment opportunities, refer to official announcements on Uniphore.com Website.

How much funding has Uniphore raised?

Uniphore’s Journey in Funding:

• Uniphore has successfully raised a significant total funding of $658 million across 13 funding rounds.
• The inaugural funding round took place on September 22, 2008.
• The most recent funding milestone was marked by a Series E round held on February 16, 2022, securing a substantial $400 million.
• Notably, the latest round witnessed participation from 3 investors, with New Enterprise Associates leading the investment effort.

Investor Landscape for Uniphore:

• Uniphore’s compelling vision has attracted support from a diverse array of investors.
• The ranks of institutional investors include prominent names such as Chiratae Ventures, March Capital, and New Enterprise Associates.
• Additionally, Uniphore enjoys the backing of notable figures like Pankaj Patel, accompanied by 76 other Angel Investors.

Uniphore’s ability to attract funding from a wide spectrum of investors underscores its potential impact and value in the realm of AI-driven customer engagement and business optimization. As the company’s journey unfolds, it continues to capture attention and investment interest within the dynamic landscape of technology startups.

What is Uniphore’s valuation?

Uniphore’s valuation reflects its progress and potential impact. In February 2022, Uniphore held a valuation of $2.5 billion, while its revenue for the same year amounted to $100 million. The latest available revenue information for Uniphore is from 2022.

5. Yellow Messenger – AI Startup Revolutionising AI Conversation

Yellow Messenger is an innovative AI startup that focuses on transforming conversational experiences through advanced artificial intelligence and machine learning technologies. Founded by Raghu Ravinutala, Jaya Kishore Reddy Gollareddy and Rashid Khan in 2016 in Bangalore, the company has quickly gained recognition for its cutting-edge solutions in the realm of automated conversations.

Problem Statement

The core challenge Yellow Messenger addresses is the need for businesses to engage with their customers in a more efficient, personalized, and scalable manner. Traditional customer interactions often involve high wait times, repetitive queries, and inconsistencies in responses. Yellow Messenger’s AI-driven platform aims to revolutionize this by providing businesses with the tools to offer seamless, human-like conversations across various channels, including chatbots, voice assistants, and messaging apps.

Investment and investors

Yellow Messenger has attracted significant investment from various venture capital firms and investors due to its innovative approach and rapid growth potential.

Yellow Messenger has successfully secured a total funding amount of $102.2 million across four funding rounds. The most recent injection of funds occurred on August 4, 2021, through a Series C funding round.

Six prominent investors have contributed to Yellow Messenger’s funding journey. Among these investors, WestBridge Capital and Salesforce Ventures stand out as the latest backers, signaling their confidence in the company’s vision and potential.

However, the company’s ability to secure substantial funding reflects the confidence investors have in its technology and market prospects.

Valuation

Yellow Messenger’s valuation has surged over the years, positioning it as a prominent player in the AI conversational space. Its valuation reflects not only the company’s financial performance to generate around $30Million per year but also the market demand for its solutions and the potential to reshape customer engagement across industries. Currently this company is valued more than $500 Millions.

Yellow Messenger is an AI startup that stands at the forefront of transforming customer conversations with its innovative technology. Its dedication to solving the challenges of traditional customer interactions and its ability to secure investment underscore its potential to make a significant impact in the world of AI-driven communication. For the most up-to-date information about Yellow Messenger’s investment, valuation, and achievements, I recommend referring to more recent sources.

6. ORAI – AI Startup for One-on-One Conversational AI

ORAI stands as a worldwide Conversational AI Platform, designed to facilitate instant one-on-one conversations with customers across text, voice, and messenger applications. ORAI embodies the culmination of seasoned and motivated professionals well-versed in AI, ML, Design Thinking, and Robotics.

At the core of ORAI’s offerings is their Conversational AI named “Oshi” – a virtual assistant that embodies cutting-edge technology to establish an essential, enduring, and expandable presence in the global realm of customer engagement, conversion, and retention.

ORAI is a pioneering startup that specializes in leveraging artificial intelligence (AI) to enhance communication and interactions. Established by visionary founders in [Year], the company has rapidly emerged as a trailblazer in revolutionizing how businesses and individuals engage with AI-driven communication technologies.

Problem Statement

ORAI addresses the challenge of making communication more efficient, engaging, and meaningful in an increasingly digital world. Traditional modes of communication often lack personalization and fail to keep up with the speed and demands of modern interaction. ORAI’s mission is to bridge this gap by developing advanced AI-powered solutions that can simulate human-like conversations, leading to improved customer engagement, streamlined operations, and enhanced user experiences.

Investments and Fundings

ORAI’s innovative approach has attracted substantial investments from a diverse range of investors and venture capital firms. These investments are a testament to the confidence stakeholders have in the company’s technology and its potential to reshape the communication landscape.

ORAI has successfully secured a total funding of $1.37 million across two funding rounds. The initial funding round took place on April 6, 2021. The most recent funding round, which occurred on January 13, 2022, was a Seed round amounting to $880,000. This round had active participation from a single investor, IPV, who led the investment.

ORAI boasts an investment portfolio featuring two institutional backers: IPV and Pransh Capital Partners. In addition, Angel Investors have also lent their support to ORAI, with notable individuals such as Ajay Agarwal and 41 others contributing to the startup’s growth and success.

Valuations

ORAI’s valuation has witnessed significant growth, reflecting the company’s performance, market demand for its solutions, and its potential impact on the AI communication sector. This valuation underscores ORAI’s emergence as a key player in the industry and a potential disruptor in the way communication is conducted across various sectors.

ORAI is an AI startup that aims to transform communication through innovative technology. With a focus on addressing communication challenges and enhancing engagement, ORAI has garnered investments and achieved a noteworthy valuation. For the most up-to-date information regarding ORAI’s investments, fundings, and valuations, I recommend referring to recent sources and news updates.

7. Manthan – AI Startup For Retail Analytics

Manthan is an AI Startup analytics company that stands at the forefront of transforming businesses through advanced data-driven insights. Established by visionary leaders in 2003, the company has rapidly evolved into a prominent player in the analytics industry, revolutionising how businesses harness their data for improved decision-making and growth.

The company’s AI-infused retail analytics platform offers users prescriptive and descriptive analytics capabilities, fostering customer engagement and suggesting actionable steps.

With a global presence, Manthan’s AI platform serves a diverse clientele of 170 customers spanning 21 countries. It proves invaluable in several domains including marketing, customer targeting, inventory management, pricing strategies, and promotional efforts.

Based in Bengaluru, the company also boasts a Natural Language Processing (NLP) engine named Maya. Serving as a business assistant, Maya adeptly addresses inquiries related to sales trends, previous month’s profits, and more.

Notably, in 2018, Manthan earned recognition as a robust performer in the realm of customer analytics solutions. This acknowledgment came from Forrester Research, as evidenced in their Customer Analytics Solutions Wave Q2 report.

Problem Statement

Manthan an AI Startup addresses the challenge of making sense of the massive volumes of data generated by modern businesses. Traditional methods of data analysis often fall short in uncovering meaningful patterns and insights from this data deluge. Manthan’s mission is to bridge this gap by leveraging AI and analytics technologies to provide businesses with actionable insights that drive smarter decisions, enhanced customer experiences, and increased operational efficiency.

Through its AI-driven solutions, Manthan empowers businesses to navigate the complexities of data, discover hidden trends, and optimize various aspects of their operations, ultimately leading to better outcomes across industries.

Investors and Funding

Manthan’s array of business applications and cutting-edge analytics platforms are meticulously designed to guide users across various industries along the entire data-to-outcome journey. This encompassing approach involves analysis, informed decision-making, and seamless real-time execution.

Back in 2015, Manthan unveiled a product akin to Apple’s Siri, introducing a voice-activated interface for business executives. This innovation enabled executives to pose queries verbally, with Manthan’s software promptly generating responses. Some notable clients who have benefited from Manthan’s solutions include Crocs, EBay, and McDonald’s.

Manthan’s funding journey has reportedly amassed $125 million from undisclosed investors, with early contributions coming from Norwest Venture Partners. This infusion of funds further solidifies their position in advancing analytics-driven solutions.

8. SigTuple – AI Startup for Healthcare Diagnostics.

SigTuple is a pioneering company that specializes in leveraging artificial intelligence (AI) and machine learning to transform healthcare diagnostics. Founded by [Founders’ Names] in [Year], the company has gained widespread recognition for its innovative solutions that revolutionize medical testing and diagnosis.

Problem Statement

SigTuple AI Startup Leveraging the power of AI and machine learning, this startup is at the forefront of developing cutting-edge medical diagnostic solutions. Its robust AI platform is adeptly designed to conduct both preliminary screenings and advanced diagnoses on a range of samples, including urine, blood, semen, retinal scans, and X-rays.

SigTuple’s operational framework follows a seamless process: a patient’s samples are initially scrutinized by the AI algorithms, swiftly progressing to evaluation by a pathologist. The entire assessment cycle culminates in the delivery of results back to the point of care within a remarkable 5-minute window. This rapid diagnosis mechanism facilitates prompt response measures such as dispatching ambulances with emergency medicines, ensuring timely interventions for patients in need.

Beyond diagnostics, SigTuple has also made significant strides in addressing the shortage of pathologists. Their creation of an automated microscope underscores their commitment to bridging this gap and enhancing medical analysis capabilities.

SigTuple’s commitment to merging AI with healthcare diagnostics is not only revolutionizing the diagnostic process but also contributing to more efficient and responsive medical care delivery.

Investors and Fundings

SigTuple AI Startup has garnered significant investments from various venture capital firms and investors due to its groundbreaking technology and potential to reshape healthcare diagnostics. In 2015, SigTuple embarked on its journey in Bengaluru after securing a substantial $25 million in investment from backers.

SigTuple AI Startup has successfully secured a total funding amount of $50.5 million across 11 funding rounds. The inaugural funding round was initiated on October 21, 2015. The most recent funding round, occurring on March 1, 2023, marked a Series C milestone, gathering $4.3 million in investment. Notably, the latest funding round witnessed active participation from six investors, spearheaded by Accel and Endiya Partners.

SigTuple AI Startup stands as an innovative force in healthcare diagnostics, harnessing AI to streamline and enhance the accuracy of medical testing. With its dedicated team and support from investors, SigTuple is positioned to drive meaningful change in the healthcare industry. For the most up-to-date information about SigTuple’s investors and fundings, I recommend referring to recent sources and news updates.

9. Mad Street Den – AI Startup in Computer Vision

Mad Street Den stands as one of India’s pioneering AI and Computer Vision startups. Headquartered in Chennai, this company is dedicated to integrating AI seamlessly into the daily lives of customers across various domains, including IoT and connected cars, user engagement and analytics, online fashion, mobile gaming, and social media.

Problem Statement

At the forefront of their offerings is the flagship product, Vue.ai, which is tailored for global retailers, especially those in the fashion industry. Vue.ai elevates the shopping experience by intelligently showcasing products that align with individual customer preferences, spanning websites, applications, and physical stores.

Catering to an extensive client base across Asia, the Middle East, the US, and Europe, Mad Street Den’s impressive roster includes renowned brands like Voonik, Tata, Zilingo, and Craftsvilla.

Remarkably, Mad Street Den’s commitment to innovation and excellence earned it a place in Bloomberg’s esteemed list of the world’s 50 most promising startups in 2017. This recognition speaks volumes about the company’s potential and impact on the global tech landscape.

Investors, Valuation & Funding

With an impressive track record, Mad Street Den has successfully secured a substantial funding sum of $52.8 million across six funding rounds. The startup’s maiden funding round took place on January 30, 2015, marking the commencement of their financial journey. In a testament to their growth and potential, Mad Street Den’s most recent funding round, a Series C event on January 18, 2023, yielded an impressive $30 million. This round witnessed the participation of three investors, led by Avatar Growth Capital.

Mad Street Den’s robust investor base comprises 12 institutional backers, including prominent names like Exfinity Venture Partners, GrowX Ventures, and KDDI Open Innovation Fund. Among these, Exfinity Venture Partners stands out as the largest institutional investor, further underscoring their confidence in the startup’s trajectory.

Notably, the support from angel investors has also been instrumental in Mad Street Den’s journey. Vishal Gupta and an additional 42 individuals have contributed as Angel Investors, reflecting their belief in the company’s vision and potential for success.

10. Haptik – AI Startup In Chatbot Sector

Haptik specializes in crafting AI-powered chatbots tailored for enterprises, service providers, and consumers alike. Established in 2013 within Mumbai, the company secured an initial investment of $12 million. Haptik’s expertise extends to delivering specialized bots tailored for diverse industry applications, catering to an array of needs.

Moreover, Haptik offers customers a comprehensive suite of tools, including:

1. A hybrid interface facilitating seamless human-to-AI transitions.
2. A user-friendly drag-and-drop bot builder.
3. In-depth conversation analytics to glean valuable insights.

In a pivotal move during 2018, Haptik forged a strategic partnership with Amazon AWS. This collaboration empowers the integration of AWS’s cloud solutions, AI tools, and sophisticated database framework, enhancing Haptik’s technological capabilities.

Haptik’s extensive client portfolio features notable names like Coca-Cola, Amazon Pay, and Samsung, attesting to the company’s global reach and impact across renowned brands.

Problem Statement

haptik.ai addresses the challenge of providing seamless and efficient customer engagement in a digital age. Traditional customer support methods often lack real-time responsiveness and personalization, leading to frustrations for both customers and businesses. haptik.ai’s mission is to bridge this gap by leveraging AI to create natural, human-like conversations that offer instant assistance, streamline processes, and enhance overall customer satisfaction.

Investment, Funding & Valuation:

Haptik has successfully secured a total funding of $12.2 million across two funding rounds. The company’s inaugural funding round took place on September 16, 2014, marking the initiation of its financial journey. A Series B event on January 09, 2017, yielded a substantial $11.2 million. Notably, this round attracted the participation of a single investor, spearheaded by Times Internet.

Haptik’s noteworthy connection extends to being a part of Jio Platforms Limited. In a significant development in early 2019, Jio Platforms Limited acquired a majority shareholding in Haptik through a $100 million transaction. Jio Platforms Limited is a substantial $65 billion conglomerate encompassing Telecom, E-commerce, Media & Entertainment, Healthcare, and more. The extensive reach of Jio Platforms Limited spans close to 500 million customers, and it boasts a remarkable lineup of investors, including Google, Facebook, Silver Lake, and KKR, among others. This alignment underscores Haptik’s strategic positioning within the broader landscape of Jio’s diverse portfolio.

Haptik’s roster of institutional investors includes Kalaari Capital and Times Internet, forming a robust foundation of support.

Haptik.ai is at the forefront of reshaping customer interactions through AI-driven conversations. With a focus on solving customer engagement challenges and a set of powerful core features, the company is playing a pivotal role in revolutionizing how businesses engage with their audiences.