We’re thrilled to share some exciting news today: Text IQ has been named to the prestigious AI 100, a select group of promising private companies working on groundbreaking artificial intelligence technology. The list is officially billed as “a ranking of the 100 most promising private artificial intelligence companies in the world,” and is authored annually by CB Insights, the authority on emerging trends in artificial intelligence.
Only 9% of all nominees and applicants were selected for this year’s list, with nine countries represented among the finalists. Technology applications range from robotics to digital health, fintech, cybersecurity, and more, and Text IQ was joined by just 5 other companies in the “Risk & Regulatory Compliance” category.
The list was revealed yesterday at the A-ha! conference in San Francisco by CB Insights CEO and co-founder Anand Sanwal, and companies were recognized in front of an audience of 400 senior innovation executives from around the world, as well as news outlets including The Financial Times, CNBC, Reuters, Bloomberg and the Washington Post.
“Last year’s AI 100 enjoyed amazing success in the year since earning this recognition. 55 of them went onto raise additional funding nearing $2B and 5 were acquired,” Sanwal said. “This year’s list was culled from 1000+ applications and looks even more impressive.”
The Text IQ team is honored to appear on the list alongside so many other incredible companies. As co-founder and CEO Apoorv Agarwal commented in the corresponding release, “It’s an incredibly gratifying way to cap the company’s momentum this year.”
“The recognition reflects our team’s tremendous work in 2017, and incentivizes us to continue to solve big problems in the risk and regulatory compliance sector,” added co-founder and COO Omar Haroun. “We’re thrilled to have been included.”