5. SenseTime
Industry: Artificial Intelligence
Revenue: $720 million via bloomberg
Valuation: $4.5 billion
It took only four years for SenseTime, a Chinese company, to become one of the most valuable AI companies in the world. The valuation of the company currently stands at $4.5 billion. With a wide-ranging portfolio of clients from around the world such as MIT, Alibaba and Honda etc., the company has found new ways to integrate AI technologies like machine vision, remote sensing, autonomous driving systems and image and video analysis to stand out from the rest. Different industries from finance to healthcare have employed SenseTime’s AI powered technologies to change the way they operate. Over 9 rounds, the company has raised $2.6 billion as of December 2020.
4. Samsara
Industry: Electronics
Revenue: $252.9 million
Valuation: $5.4 billion
Samsara is an innovative AI company that was founded in 2015 and is based in San Francisco. It uses sensor systems connected via the internet to support construction, logistic, transport, food production, manufacturing, and industry projects by collecting and supplying data which enables the industries to regulate their operations. It is one of the leading companies that focuses on Internet of Things IoT by combining software and hardware which provides visibility in real time to industries. It also provides analytics to thousands of companies worldwide. Samsara’s solutions have been used in vehicle telematics, asset tracking, driver safety and mobile workflow and compliance.
3. Automation Anywhere
Industry: Computer software
Revenue: $376.9 million
Valuation: $6.8 billion
Automation Anywhere is an American company that develops Robotic Process Automation software which uses software bots to make business processes more efficient. The company combines its cloud automation technology with AI, analytics and machine learning. This can be applied to automate manual and repetitive tasks which can lead to increased productivity, improved employee engagement and ultimately improve the overall customer experience. The company has raised $840 million in funding over 8 rounds.
2. DJI
Industry: Electronics
Revenue: US$2.83 billion
Valuation: $15 billion according to crunchbase
DJI has emerged as one of the most valuable AI companies that has already managed a high valuation of billions of dollars. It makes use of AI technology to create innovative drones which can be used for commercial as well as recreational uses. Located in Shenzhen, Guangdong, China, the company has already managed to capture 70% of the global drone market. Their groundbreaking camera and drone technology makes use of state-of-the-art image recognition and is already set to enter the robotics and autonomous vehicle industry. Microsoft has also partnered with this exciting new startup for a unique drone-to-computer streaming project.
1. UiPath
Industry: Robotic Process Automation
Revenue: $607.6 million
Valuation: $35 billion via bloomberg
Based in New York, UiPath is a leading software company that focuses on robotic process automation. It tops our list of top 20 valuable and innovative AI companies in the world. The company has created a platform to implement automation and cloud deployment. This has made it a global leader in data process mining and robotic process automation. UiPath’s software can monitor the activity of users which enables it to automate redundant front and back-office tasks performed by ERP or CRM software. The company was founded in 2005 and has managed to raise a total funding amount of $2 billion in 8 rounds. With soaring stock prices and innovative technologies, UiPath has managed to capture the interest of AI enthusiasts around the world.
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