Ai companies
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Artificial Intelligence Funding Slowing Down
The pandemic and resulting economic toll has presented challenging headwinds for startups. In this post we look back on Q2 ending funding trends for AI startups to determine the trajectory of innovation in this emerging technology sector.
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AI Q1 2020 Exit Activity
The below chart summarizes AI year-to-date exit activity compared to last year. As you can see, there were 18 exits in Q1 2020, which is a 25% drop from Q1 2019. A quarter of the way through 2020, and we are at 23% of the 2019 full-year exit activity.
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AI Q1 2020 Funding
The below chart summarizes AI year-to-date funding compared to last year. As you can see, Q1 2020 funding closed at $3.1B, which is a 44% drop from Q1 2019. A quarter of the way through 2020, and we are at 13% of the 2019 full-year funding amount.
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AI 2019 Exit Activity Bounced Back
As part of our research process, we track and analyze exit developments within the sector. The below chart shows AI exit activity over time. As you can see, AI exit activity achieved a banner year in 2017, and then dropped in 2018 before rebounding in 2019 to 75 exits.
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AI 2019 Funding Achieved Banner Year
As part of our research process, we track and analyze funding developments within the sector. The below chart shows AI funding over time and calls out the largest funding round in recent years. As you can see, AI funding increased continuously from 2015 through 2019, with last year’s funding hitting a historic high at $24B.
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Artificial Intelligence Exits by Category and by Year - Q1 2017
The following graphs highlight the exit activity in the Artificial Intelligence sector. The graphics include data through October 2016.
Artificial Intelligence Q1 Update in 15 Visuals
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Artificial Intelligence At a Glance
The following infographic summarizes the Artificial Intelligence market and all of its key metrics at a glance. You could see that it has 13 categories, 910 companies, and an average funding of $10 Million per company. At Venture Scanner, we are currently tracking over 910 Artificial Intelligence companies in 13 categories across 63 countries, with a total of $3.68 Billion in funding. To see the full list of 910 Artificial Intelligence startups, contact us using the form on www.venturescanner.com.