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I need a list of (#1-10) different U.S. based startups in the Conversational AI market with their name, year founded, short description, traction numbers, link to their website; competitive advantage, stage (meaning what stage in terms of funding they are). Fill your answers in Sheet 1 of this spreadsheet - https://docs.google.com/spreadsheets/d/1GeviS48BOp69hpsJJRjtlTkkgMjL7Sjv0GSAc4dkfew/edit?usp=sharing
Hello! Thanks for your question about US-based start-ups in the Conversational AI market. I have created a list of 10 companies that satisfy your criteria which you can find in the linked spreadsheet here.
Below you will find a deep dive of my findings.
BACKGROUND
Conversational Artificial Intelligence is an emerging market poised to take off and has seen a lot of investment activity over the past couple years.
1. Conversation Management such as chatter bots or chatbots that are conversational programs that are based on a set of rules.
2. Simultaneous Multi-Domain Context Management with LSTM (Long and Short Term Memory).
3. Speech Recognition
4. Emotional Understanding and Expressivity
5. Voice Biometrics
METHODOLOGY
I first searched the Crunchbase database for companies in the Conversational Artificial Intelligence space. I quickly came up with a handful of companies that fit the criteria for this research.
Next, I searched Angel.co; however, it did not specify Conversational Artificial Intelligence but did offer Speech Recognition companies.
I also did a sweeping search to identify any companies that were not on my original list.
After I weeded out companies that were not based in the US, I dove deeper to try to learn more about their traction and competitive advantages. As start-ups, none offered financial statements or releases of revenues or profitability so I had to search for press releases of client acquisition and other metrics from their websites and public resources. Sometimes, I had to be creative:
Broadly, I define traction as:
- Profitability
- Revenues
- Active users or registered users
- Engagement
- Partnerships/clients
- Traffic
Without access to internal documents, most of my traction research was active users, partnerships and clients.
CONCLUSION
To wrap it up, please refer to the spreadsheet here for the list of Conversational Artificial Intelligence start-ups.
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