This SaaS provider is building a tool that makes creating speed and data-driven marketing campaigns simple.

DigitalOwl is an Israeli startup applying machine learning to enable health insurers to automate the review of medical records, allowing these insurers to process claims more efficiently and accurately. DigitalOwl claims that its technology can analyze and summarize a typical medical case in 3-5 minutes, compared to 3-4 hours for a human reviewer, while identifying twice as many medically relevant datapoints. Building a state-of-the-art NLP model today is incredibly resource-intensive and technically challenging.

Companies can use it to automate processes, as the AI-based software classifies and extracts information from documents and allows for tailored workflows. Persado is a marketing language cloud that uses AI-generated language to craft advertising for targeted audiences. With functionality aidriven audio startup gives to across all channels, Persado helps businesses increase acquisitions, boost retention and build better relationships with their customers. Osaro creates AI technology that allows companies with industrial production lines to access high-performance robotic devices.

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One last startup of note in this category is Resemble AI, which specializes in generating realistic human voices using generative adversarial networks . Resemble’s synthetic voices can speak with all the nuance and range of a human—for instance, whispering or communicating with various emotions—and are finding use cases from video games to advertising. The company recently made headlines when its technology was used to reproduce Andy Warhol’s voice for an upcoming Netflix documentary. Like Duplex, Replicant’s voice AI is designed to sound as natural as a human (the company’s name is a tribute to the bioengineered robots from Blade Runner that are indistinguishable from humans). Replicant’s technology is equipped to handle a wide range of call center use cases, from billing to customer surveys to subscription renewals.

The technology helps payment processors, marketplaces, e-commerce stores and social networks prevent fraud. Companies like Zillow, Wayfair, Twitter, Airbnb and Shutterstock use Sift. Blue River Technology combines AI and computer vision to build smarter farm tech. The company’s See & Spray machine learning technology, for example, detects individual plants and applies herbicide to the weeds only.

Toch.ai launches Rs 100 Cr startup fund to invest in video and audio tech startups

Headquartered in New York City, Localize was founded in Israel in 2012 and also has offices in Tel Aviv. The startup, which operates in Israel under the name Madlan, launched in the United States in 2019 and began working with real estate agents and brokerages earlier this year. An aiDriven chatbot contains a simple dashboard and different metrics for estimating results (e.g., chat volume, goal completion rate, fallback rate, or score of satisfaction) which are easy to interpret. Any textual content can be imported, CRMs, databases and even simple docs. MetaDialog has been a tremendous help to our team, It’s saving our customers 3600 hours per month with instant answers. MetaDialog can work easily with whatever tools you’re using, including Mailchimp, Zapier, Apify, Amplitude and many, many more.

Organizations and companies like New York Life, the FDA, Metlife and MassMutual use the cloud-based platform. With many inefficiencies in the healthcare industry, veda brings NASA-backed intelligence and AI technology to patient experiences. Providers can automate data-related tasks, removing human errors and organizing information quickly. Resolving administrative issues enables healthcare experts to spend less time tracking down records and more time caring for patients.

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This improves conversion rate, increases customer satisfaction, and leads to a higher customer returning rate, enabling travel companies to increase revenue. “Inworld AI is building the engine that enables businesses to provide that exciting depth of experience and captivate users. With the team’s track record in providing developers with the tools they need to build AI-fueled applications, we’re excited to support the company in building the future of immersive experiences,” Fushman explained. Inworld AI, a company that aims to develop a platform that enables users to create AI-driven virtual characters which can be used to populate virtual worlds, announced today that it has raised $7 million in seed funding.

Co-founded by AI legend Sebastian Thrun (the creator of Google X and Google’s self-driving car program) and two of his Stanford PhD students, Cresta is the most pedigreed competitor in this category. Cresta focuses on providing personalized coaching to contact center agents in real-time, as opposed to post-conversation, with an omnichannel platform that spans phone calls and text chats. But significant opportunities also exist for startups in the fast-changing world of language translation.

Tripper advances Travel Expense Management

The funding will also allow the company to move to video content from text-based content, which has been its focus so far. The problem of toxic content has been a reputational nightmare and a technological quandary for social media platforms like Facebook in recent years. Last month, contact center AI startup Uniphore raised a $400 million round from NEA that valued the company at $2.5 billion. A few weeks later, direct competitor Cresta announced an $80 million fundraise led by Tiger Global at a $1.6 billion valuation. These fundraises have made these two startups among today’s first NLP unicorns. Expect VC dollars to continue pouring into this space given the outsize market opportunity in play.

• A startup that wants to entirely re-invent industry standards and create a new “standard” for data-driven industries like the medical industry.
• BirchAI has built a cutting-edge NLP solution focused on contact centers in healthcare.
• Bunny AI — Next generation marketplace for local on demand solutions and is all-in-one platform for small businesses in the age of digital nomads.
• Spotify tapped into this data by creatingFound Them First, a microsite that allows users to see which musicians they listened to on Spotify before they became popular.
• The company raised a Series A and a Series B in quick succession last year from top venture capitalists.

Travel startups such as the examples highlighted in this report focus on smart contracts, deep learning as well as natural language processing . While all of these technologies play a major role in advancing the travel industry, they only represent the tip of the iceberg. To explore more travel technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Travel Innovation Report to save your time and improve strategic decision-making.

As VCs Push Founders to Do More with Less, ‘Hiring’ The Right Martech Stack Can Make Or Break Your Startup

Robotimate — Offers pre-configured statistical data models using machine learning to find insights or inefficiencies in business processes. There are an estimated 305 million startups worldwide and, in the US alone, VC investment was estimated to hit $160 Billion in 2018 globally. The need for a platform that streamlines the funding process for both investors and startups cannot be understated.

Based in the U.K., Logically focuses on misinformation and disinformation. (The latter is the subset of the former that is spread to deceive intentionally.) Its platform relies on a large team of expert human reviewers working in tandem with its AI system. Many of Logically’s clients are governments, which use its technology for issues including national security, election integrity and COVID-19 misinformation.

Other startup competitors in this category include Observe.ai, whose product is oriented around post-conversation analytics rather than real-time coaching, and Level AI, which focuses on automating call center quality assurance. The leading player in this category is Moveworks, which raised a $200 million Series C from Tiger Global last year. Espressive claims that its chatbot platform aidriven audio startup gives to can resolve between 50% and 70% of all employee helpdesk tickets without human assistance, recouping over a week of productivity per employee per year. Conversational AI platforms can automatically field and resolve many of these employee support requests, reducing the need for human intervention and saving organizations vast amounts of time and money in the aggregate.

Changing a customer’s mind during a heated discussion is not an ideal situation, but involve.ai provides the tools to avoid such a scenario. The company’s customer intelligence platform unifies business data, crafts detailed customer profiles and alerts teams of customers at risk of leaving. This way, organizations can reduce churn with a data-centered approach to customer service. To save marketing and sales teams time and money, LivePerson simplifies interactions with conversational AI.

AI-based translation tools have historically been deeply flawed (as anyone who remembers using AltaVista’s Babel Fish service in their younger days can attest). Speaking at the launch of the startup fund, Vinayak Shrivastav, cofounder and CEO Toch.ai said, “The video-tech industry has seen record-breaking growth in the last few years, and we are confident that this is just the beginning. With proper support and encouragement for the talent and innovation in the country, we want to be the vehicle of growth and expansion of the video tech industry in India & globally. We believe we have a collective responsibility to grow this industry with cutting edge and new-age solutions to address the evolving needs and changing demands of the end customers”.

Urbint brings the power of AI and cloud-based technology to various infrastructure projects, allowing companies to anticipate potential dangers and issues that could arise down the road. Urbint maps out vulnerable and high-risk areas to keep workers and communities safe. Alyssa Shcroer is a Built In SEO content strategist who formerly covered tech companies and emerging trends for BuiltIn.com. She holds a bachelor’s degree in communications studies from the University of Iowa.