Artificial intelligence has the potential to transform industries ranging from medicine to sales to software development. And this potential is finally being realized.
The AI industry is poised to grow to an estimated $243.7 billion in 2025. Today, AI has become essential for an increasing number of businesses as remote work and reliance on technology are the new daily norm.
Here are our picks for some of the most promising AI startups with a broad range of use cases across different industries.
1. DeepL
5-year search growth: 258%
Monthly visitors: 322.4 million (64.8 million unique)
Search growth status: Exploding
Year founded: 2009
Location: Cologne, Germany
Funding: $315M (Series C)
What they do: DeepL is a neural machine translation platform that uses advanced algorithms to translate text from one language to another with exceptional accuracy and fluency. With support for over 30 languages, DeepL's technology combines neural network models, deep learning techniques, and natural language processing (NLP) to provide high-quality translations for a wide range of content types, including websites, documents, and emails.
With its intuitive interface and powerful API, DeepL enables businesses and individuals to communicate and collaborate across different languages and cultures with ease. In May 2024, DeepL raised $300 million at a $2 billion valuation.
2. Frame AI
5-year search growth: 1,900%
Monthly visitors: 7,500 (5,900 unique)
Search growth status: Exploding
Year founded: 2016
Location: New York City, New York
Funding: $17.9M (Series B)
What they do: Frame is building one of the leading customer success platforms by providing leading artificial intelligence software around a robust solutions framework aimed at solving numerous customer challenges.
By building “The Voice of the Customer engine”, teams can use Frame to detect themes among customers, identify patterns for retention or acquisition of customers, and turn qualitative feedback into quantitative data for leadership.
3. Uizard
5-year search growth: 3,233%
Monthly visitors: 1.7 million (1.2 million unique)
Search growth status: Exploding
Year founded: 2018
Location: Copenhagen, Denmark
Funding: $18.6M (Series A)
What they do: Uizard is an AI-powered platform that helps users create professional-looking designs for websites and mobile apps with minimal coding or design experience. Uizard's proprietary technology uses machine learning algorithms to translate sketches and wireframes into functional code and designs, reducing the time and effort required to create a prototype.
Users can also create responsive and customizable designs that can be shared and tested with stakeholders.
4. Moveworks
5-year search growth: 296%
Monthly visitors: 95,600 (51,100 unique)
Search growth status: Exploding
Year founded: 2016
Location: Mountain View, CA
Funding: $315M (Series C)
What they do: Moveworks is an AI platform that helps employers create a better workplace. By using natural language understanding (NLU), conversational AI, and probabilistic machine learning, the platform can support employees’ issues end-to-end. Examples of AI in action include troubleshooting common questions, such as getting access to software and routing document approvals to the correct person.
5. Databricks
5-year search growth: 400%
Monthly visitors: 3.8 million (1.2 million unique)
Search growth status: Exploding
Year founded: 2013
Location: San Francisco, California
Funding: $14.7B (Series J)
What they do: Databricks is a data and AI company offering a unified analytics platform for integrating AI and machine learning. Customers can use the platform to analyze large-scale data, generate real-time analytics, build and deploy ML applications, and more. In September 2023, Databricks raised $5.25 billion in Series J funding at a valuation of $43 billion.
6. Synthesia
5-year search growth: 7,000%
Monthly visitors: 3.9 million (2.8 million unique)
Search growth status: Regular
Year founded: 2017
Location: London, England
Funding: $156.6M (Series C)
What they do: Synthesia is an AI-powered platform that enables businesses to create and personalize video content at scale. The platform can generate realistic and engaging videos with human-like avatars, making it ideal for various applications, from e-learning and marketing to news reporting and virtual events.
Synthesia's customization options include language support, voiceover selection, and scene creation. They enable users to create and deploy video content quickly and efficiently.
7. Codeium
5-year search growth: 9,300%
Monthly visitors: 3.6 million (1.7 million unique)
Search growth status: Exploding
Year founded: 2021
Location: San Jose, California
Funding: $243M (Series C)
What they do: Codeium is an AI-powered coding assistant that provides users with real-time code suggestions, code search, IDE integration, and more. The tool includes a Codeium Chat feature, which acts as a chatbot to write new code and answer coding-related questions. In August 2024, the startup reached unicorn status after raising $150 million in Series C funding at a valuation of $1.25 billion.
8. Cohere
5-year search growth: 880%
Monthly visitors: 636,100 (279,400 unique)
Search growth status: Exploding
Year founded: 2019
Location: Toronto, Canada
Funding: $942.9M (Series D)
What they do: Cohere develops advanced AI and large language models for businesses to understand and generate human-like text. The company's three primary models are Command (generative AI text generation), Embed (text embeddings for analysis), and Rerank (improving search relevance). Cohere recently raised $500 million at a $5.5 billion valuation.
9. Soundful
5-year search growth: 2,200%
Monthly visitors: 190,700 (133,600 unique)
Search growth status: Regular
Year founded: 2019
Location: San Diego, California
Funding: $4.5M (Seed)
What they do: Soundful is an AI-powered platform that enables businesses to create and customize high-quality soundtracks for their digital content, such as videos, podcasts, and advertisements. Soundful's technology uses deep learning algorithms to analyze the emotions, tone, and context of the content and generate soundtracks that complement and enhance the viewer's experience.
The platform allows users to easily adjust the mood, tempo, and style of the soundtracks to align with their brand identity and message.
10. Dialpad
5-year search growth: 8,600%
Monthly visitors: 4.3 million (969,500 unique)
Search growth status: Regular
Year founded: 2011
Location: San Francisco, California
Funding: $450M (Series F)
What they do: Dialpad is a customer intelligence platform that offers various AI tools for customer engagement, sales intelligence, and team collaboration. The platform provides a central communications hub for businesses that includes video meetings, contact syncing, call recording, automated speech recognition, conversational chatbots, instant call summaries, and more. Dialpad has over 30,000 customers, including big brands like WeWork and Xero.
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