“’Last year’s AI 100 companies had a remarkable run after being named to the list, with more than 50% going on to raise additional financing (totaling $5.2B), including 16 $100 million+ mega-rounds,’ Sanwal stated. “Many also went on to exit via M&A, SPAC or IPO. As industry after industry adopts AI, we expect this year’s class will see similar levels of interest from investors, acquirers and customers.”
According to CB Insights, since 2010, the AI 100 2021 cohort has raised over $11.7 billion in equity funding across 370+ deals from more than 700 investors.”
“The AI 100 recognizes the teams and technologies that are successfully using AI to solve big challenges…Last year’s AI 100 enjoyed amazing success in the year since earning this recognition. 55 of them went on to raise additional funding nearing $2B and 5 were acquired.”
“The AI 100 recognizes the teams and technologies that are successfully using AI to solve big challenges. The award winners were announced in December 2017 at the A-ha! conference hosted at SFJAZZ in San Francisco on December 12 & 13.
Last year’s AI 100 enjoyed amazing success in the year since earning this recognition. 55 of them went on to raise additional funding nearing $2B and 5 were acquired.”
Leading retail brands such as TOMS, Ann Taylor, Sur La Table, Godiva and Destination XL rely on Reflektion’s AI solutions to combine individual shopper insights, product intelligence, and deep learning to create impactful ecommerce experiences that translate to double-digit increases in key metrics such as conversion rate and average order value.
This 2017 recognition from CB Insights builds upon Reflektion’s momentum in the ecommerce space. In 2016, the company was named a Gartner Cool Vendor in Digital Commerce Marketing, and in 2015 it won Shop.org’s Digital Commerce Startup of the Year award.