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Artificial Intelligence Explodes: New Deal Activity Record For AI Startups

Equity deals to startups in artificial intelligence — including companies applying AI solutions to verticals like healthcare, advertising, and finance as well as those developing general-purpose AI tech — increased nearly 6x, from roughly 70 in 2011 to nearly 400 in 2015.

Q1’16 saw a new peak in deal activity to the category.

Using the CB Insights database, we studied funding trends to AI-based companies, including:

So far in 2016 (as of 6/15/2016), over 200 AI-focused companies have raised nearly $1.5B in equity funding. Our analysis includes all equity funding rounds and convertible notes.

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