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    News Analysis
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    Notable exits by AI companies

    BioCatch

    Al-driven Behavioral Biometrics for Cybersecurity
    BioCatch develops Behavioral Biometrics which analyzes an online user’s physical and cognitive digital behavior to protect individuals and their assets. Its mission is to unlock the power of behavior and deliver actionable insights to create a digital world where identity, trust and ease seamlessly co-exist.

    Leading financial institutions around the globe use BioCatch to more effectively fight fraud, drive digital transformation and accelerate business growth.

    BioCatch was named a cool vendor in Cool Vendors in Security: Identity and Access Management, 2013 by the Gartner Research Group.

    Locations

    Israel

    Derech Menachem Begin 132, Tel Aviv-Yafo, Israel

    Offices Abroad

    Sydney NSW, Australia
    Singapore
    Av. das Naes Unidas, 14261, So Paulo - State of So Paulo, Brazil
    Mexico City, CDMX, Mexico
    880 3rd Ave, New York, NY, USA
    Mumbai, Maharashtra, India
    London, UK

    Primary sector

    Cyber Security

    Total funding

    $214.62M

    Funding stage

    Acquired

    Number of employees

    201-500

    Founded

    11/2010
    Israel Offices
    Derech Menachem Begin 132, Tel Aviv-Yafo, Israel
    Offices Abroad
    Sydney NSW, Australia
    Singapore
    Av. das Naes Unidas, 14261, So Paulo - State of So Paulo, Brazil
    Mexico City, CDMX, Mexico
    880 3rd Ave, New York, NY, USA
    Mumbai, Maharashtra, India
    London, UK

    Run:AI

    Platform for AI Virtualization and Orchestration
    Run:AI is bridging the gap between data science and computing infrastructure by creating a high-performance compute virtualization layer for deep learning, speeding the training of neural network models and enabling the development of large AI models.

    By abstracting workloads from underlying infrastructure, Run:AI creates a shared pool of resources that can be dynamically provisioned for full utilization of expensive GPU compute.

    The Run:AI platform is built on top of Kubernetes, allowing simple integration with leading open-source frameworks.

    Run:AI was named a cool vendor in Cool Vendors in Enterprise AI Operationalization and Engineering, 2021 by the Gartner Research Group.

    Locations

    Israel

    HaArba'a St 17, Tel Aviv-Yafo, Israel

    Offices Abroad

    85 Delancey St, NY, NY 10002, USA

    Primary sector

    Business Software

    Total funding

    $118M

    Funding stage

    Acquired

    Number of employees

    51-200

    Founded

    3/2018
    Israel Offices
    HaArba'a St 17, Tel Aviv-Yafo, Israel
    Offices Abroad
    85 Delancey St, NY, NY 10002, USA

    Chorus.ai

    AI-based Conversation Intelligence Platform
    Chorus.ai is the provider of a conversation intelligence solution for sales teams. The company's solution is designed to improve both the salesperson's selling skills and the manager's ability to manage, based on data showing the specific factors that have the greatest impact on the outcome of sales conversations.
    Chorus.ai makes it easy to capture and learn from the details and insights captured in thousands of hours of sales conversations.

    Developed by AffectLayer Ltd, Chorus.ai was named one of the "Cool Vendors in Artificial Intelligence for Marketing, 2017" by the Gartner Research Group.

    Locations

    Israel

    Yosef Karo Street 19, Tel Aviv-Yafo, Israel

    Offices Abroad

    465 California St, San Francisco, CA, USA
    103 Richmond St E, Toronto, Ontario, Canada
    31 St James Ave, Boston, Massachusetts, USA

    Primary sector

    Business Software

    Total funding

    $100.3M

    Funding stage

    Acquired

    Number of employees

    11-50

    Founded

    1/2015
    Israel Offices
    Yosef Karo Street 19, Tel Aviv-Yafo, Israel
    Offices Abroad
    465 California St, San Francisco, CA, USA
    103 Richmond St E, Toronto, Ontario, Canada
    31 St James Ave, Boston, Massachusetts, USA

    Hippo Insurance

    AI-based Property Insurance
    Hippo Insurance is a property insurance company offering homeowners insurance that covers the homes and possessions of the insurance holder as well as liability from accidents happening in the insured property. The company uses artificial intelligence and big data to aggregate and analyze property information.

    Locations

    Israel

    Givatayim, Israel

    Offices Abroad

    Palo Alto, CA, USA
    null

    Primary sector

    Fintech & Insurtech

    Total funding

    $1.27B

    Funding stage

    Public

    Number of employees

    500+

    Founded

    10/2015
    Israel Offices
    Givatayim, Israel
    Offices Abroad
    Palo Alto, CA, USA
    null

    Siemplify

    Cloud-native Security Orchestration, Operation, and Response Platform
    Siemplify provides a holistic security operations platform that empowers security analysts to work smarter and respond faster. Siemplify combines security orchestration and automation with patented contextual investigation and case management to deliver intuitive, consistent, and measurable security operations processes.
    Enterprises and managed security service providers use Siemplify to enhance their security operations center, improving analyst productivity by automating repetitive tasks and bringing together disparate security technologies.

    Locations

    Israel

    Tuval St 40, Ramat Gan, Israel

    Offices Abroad

    150 West 22nd Street, New York, NY, USA

    Primary sector

    Cyber Security

    Total funding

    $58M

    Funding stage

    Acquired

    Number of employees

    11-50

    Founded

    1/2015
    Israel Offices
    Tuval St 40, Ramat Gan, Israel
    Offices Abroad
    150 West 22nd Street, New York, NY, USA

    Zoomin

    Unified Technical Content Platform
    Zoomin is a technical content platform that brings together product user guides, support articles, developer documentation, and other information from across the enterprise in order to provide the right answer to the right person at the right time. The platform is designed to increase trust, improve self-service, and give businesses crucial insights about their customers.

    Zoomin was named a cool vendor in Cool Vendors in CRM Customer Service and Support, 2020 by Gartner.

    Locations

    Israel

    Ibn Gabirol Street 124, Tel Aviv-Yafo, Israel

    Offices Abroad

    10 John Street, London WC1N 2EB, UK
    150 West 28th Street, New York, NY, United States

    Primary sector

    Business Software

    Total funding

    $73M

    Funding stage

    Acquired

    Number of employees

    51-200

    Founded

    1/2016
    Israel Offices
    Ibn Gabirol Street 124, Tel Aviv-Yafo, Israel
    Offices Abroad
    10 John Street, London WC1N 2EB, UK
    150 West 28th Street, New York, NY, United States

    Oddity

    Personalized Product Recommendations for the Beauty & Wellness Industry
    ODDITY is a consumer tech company which builds and scales digital-first brands to disrupt the offline-dominated beauty and wellness industries. The company owns IL MAKIAGE and SpoiledChild. Oddity uses data and AI to develop brands and make tailored product recommendations for customers. The company uses data science to identify consumer needs and develops solutions in the form of beauty, wellness, and tech products

    Locations

    Israel

    HaHarash St 8, Tel Aviv-Yafo, Israel

    Offices Abroad

    New York, NY, USA

    Primary sector

    Retail Platforms

    Total funding

    $457M

    Funding stage

    Public

    Number of employees

    201-500

    Founded

    6/2013
    Israel Offices
    HaHarash St 8, Tel Aviv-Yafo, Israel
    Offices Abroad
    New York, NY, USA

    Deci AI

    Deep-learning Acceleration Platform
    Deci AI is focused on enabling deep learning to live up to its true potential by using artificial intelligence to build better artificial intellgience. The company’s end-to-end deep-learning acceleration platform allows AI developers to build, optimize, and deploy faster, more accurate models for any environment, including cloud, edge, or mobile.

    With Deci’s platform, developers can increase deep-learning model inference performance by three to 15 times, on any hardware, while still preserving accuracy. This translates directly into new use cases on limited hardware, substantially shorter development cycles, and compute costs reduced by up to 80%.

    The platform is powered by Deci’s Automated Neural Architecture Construction (AutoNAC) technology, an algorithmic optimization engine that squeezes maximum utilization out of any hardware. The AutoNAC engine contains a neural architecture search component that redesigns a given trained model’s architecture to optimally improve its inference performance (throughput, latency, memory, etc.) for specific target hardware while preserving its baseline accuracy.

    Teams are currently building DNN architectures that consume anywhere from 30% to 80% less compute power for inference with Deci’s Neural Architecture Search (NAS) deep-learning development platform.

    Deci achieved an 11.8-times accelerated inference speedup on Intel CPUs at MLPerf Industry Benchmark and has been named one of CBInsights’ top 100 AI companies.

    Locations

    Israel

    Abba Hillel Silver Rd 12, Ramat Gan, Israel

    Primary sector

    Business Software

    Total funding

    $55.1M

    Funding stage

    Acquired

    Number of employees

    11-50

    Founded

    10/2019
    Israel Offices
    Abba Hillel Silver Rd 12, Ramat Gan, Israel

    Planck

    AI-based Data Platform for Commercial Insurance
    Planck is a commercial insurance data platform that enables insurers to instantly and accurately underwrite any business. The companys technology platform aggregates and mines massive data sets, using artificial intelligence to automatically generate and deliver key insights customized to the commercial underwriting process. The end result is a frictionless underwriting process with greater insurer visibility into risk factors, leading to improved new business conversion and retention rates and lower loss ratios.

    Locations

    Israel

    Arania Osvaldo St 29, Tel Aviv-Yafo, Israel
    Haifa, Israel

    Offices Abroad

    340 Madison Ave, New York, New York, NY 10173, USA

    Primary sector

    Fintech & Insurtech

    Total funding

    $71M

    Funding stage

    Acquired

    Number of employees

    51-200

    Founded

    11/2015
    Israel Offices
    Arania Osvaldo St 29, Tel Aviv-Yafo, Israel
    Haifa, Israel
    Offices Abroad
    340 Madison Ave, New York, New York, NY 10173, USA

    Avanan

    Cloud Email Security Platform
    Avanan is a cloud email security platform that catches advanced attacks that evade default and advanced security tools. Its invisible, multi-layer security enables full-suite protection for cloud collaboration solutions such as Office 365, G-Suite, and Slack.
    The platform deploys in one click via API to prevent business email compromise and block phishing, malware, data leakage, account takeover, and shadow IT across the enterprise. Avanan's patented solution aims to replace the need for multiple tools to secure the entire cloud collaboration suite.

    Avanan was named a cool vendor in "Cool Vendors in Cloud and Emerging Technology Security, 2016" by the Gartner Research Group.

    Locations

    Israel

    HaArba'a St 28, Tel Aviv, Israel

    Offices Abroad

    259 West 30th Street, New York, NY, USA

    Primary sector

    Cyber Security

    Total funding

    $41.4M

    Funding stage

    Acquired

    Number of employees

    51-200

    Founded

    7/2014
    Israel Offices
    HaArba'a St 28, Tel Aviv, Israel
    Offices Abroad
    259 West 30th Street, New York, NY, USA