Please give me a summary of the 2017 ycombinator startup class, with a particular focus on any companies in content discovery, media distribution and making the experience of work better (networks and communities, human-computer interaction, and radically new organizational models).
Hello! Thanks for your question about providing Information regarding the start up companies attending Y Combinator startup class. As requested, I have focused on the start-ups which have participated in Y Combinator 2017 startup class, especially in Machine Intelligence/Machine learning/Artificial Intelligence (AI) and Content discovery space.
I have searched extensively through corporate websites and industry reports. As per our research, we have created a summary report on start-ups which are into content discovery, making the experience of work better (networks and communities, human-computer interaction, and radically new organizational models). In addition to that, we have included companies that are into making business work better, with a focus on machine intelligence. Apart from that, there is no data available for start-ups into media distribution. Below you will find the deep dive of my findings.
The company has funded 1,430 companies and nearly 3,500 founders, since 2005. Y Combinator has raised more than $13 billion in total.
Y Combinator Startup Class: As requested, the start-ups into content discovery, making the experience of work better, with a focus on Machine intelligence are listed below:
(A) Start ups into making business work better, with a focus on Machine Intelligence/Machine learning/ Artificial Intelligence are mentioned below:
1. Just Appraised — Better appraisal software for governments
The company uses machine learning to evaluate public and private data to build a comprehensive proprietary data set.
2. Headstart — Using AI to replace the resume screen
With the use of machine learning technique, the company automatically ranks the applicants which help the human hiring teams. This tool is used to cut the hiring time by 60%. The annual recurring revenue of the company is $325,000; acquiring a market of $4 billion.
3. Standard Cognition — AI-powered check out in store
The company is using machine vision to build the check out of the future, known as autonomous check out. This technology allows the customers to grab what they want to purchase and just walk out of a store without a need to go to a cashier.
4. Loop support — Customer support as a service
The company provides customer support service to companies using a combination of humans and AI. This technology enables the company to solve tickets faster and cheaper than the in-house support teams of most of the companies.
5. Helix Nanotechnologies — Making drugs in patients’ muscles via synbio
The company uses artificial intelligence to help cure genetic diseases. With the help of AI, Helix is trying to unlock the nucleus of cells and deliver new DNA.
6. D-ID — Protect your identity from face recognition technologies
The company has developed an AI to protect a person’s photo from facial recognition. D-ID has created software that processes the photo and creates a protected image.
7. VergeSense — Facility management powered by AI
The company uses hardware sensors and machine learning techniques which help companies operate buildings more efficiently.
Some other names into this category are NanoNets, IQBoxy, Bicycle AI, Pit.ai, Vinsight, AlemHealth, Algoriz, and XIX.ai.
(B) Start ups into content discovery are mentioned below :
1. Quilt Data — Docker for data
The company wants to assist businesses to integrate their data sources to make sure that every member of the company is on the same page. Quilt wants to become a sort of Docker for data which makes it more discoverable and actionable across its clients.
2. Disclosures.io — Property disclosure software
The company is into the making of property disclosure software system for all real estate transaction data. It has attracted 615 customers and is working with big names in real estate.
3. UpCodes — Construction legal compliance
This start-up company helps the construction industry navigate compliance. UpCodes has taken the hidden analog compliance resources online and it is growing to 61,000 monthly unique visitors.
Another content discovery kind of company is Quiki.
(C) Start ups into making the experience of work better kind of companies are mentioned below:
1. LotusPay — Recurring payments in India
The company wants to penetrate the small and medium-sized businesses' infrastructure in India. LotusPay has built the payment infrastructure to be used by the companies. LotusPay has a market of 5 million SMEs.
2. Contract Simply — Construction lending software for banks
The company is building a platform to expedite the payment process that may involve stakeholders. It is a cloud-based workflow management tool that allows for faster capital deployment.
3. HealthWiz — SaaS platform for lowering employer health care costs
The company wants to lower the health costs for businesses. It is helpful for the employees to find better care. Providing HealthWiz to employees is a cheaper and faster ways to get a prescription.
(D) Start ups into making the experience of work better in terms of networking, collaboration, and communities are mentioned below:
1. Meetingbird — Team-wide meeting scheduling optimization
Meetingbird is a smart calendar start-up company that makes it simple to plan schedules that work for everyone.
2. Helium Healthcare — Electronic Medical Records For Africa
The company wants to replace the paper medical records. Helium can handle the electronic form of the patient records for important purposes such as doctor’s visits, prescriptions, and billing etc.
3. Ubiq — Screen-sharing solution for enterprise conference rooms
The company wants to simplify the conference room screen sharing with their cable-free setup. Ubiq actually, bringing the enterprise-grade AirPlay-like streaming tech into the conference room with wireless HDMI output. This has already been deployed at more than 150 companies and it has increased the revenue of 3.5X in approximately four months.
4. Net30 — Getting construction workers paid faster
Net30 wants to assist the construction companies. The company has started online invoicing and payments for construction companies. Net30 is cutting the pay periods which is so attractive that it is expecting to generate $400,000 annual revenue.
5. Fastpad — Job applicant tracking system for India
It is the building hiring software for the Indian market. It helps to avoid spam and ensures that companies can see quick snapshots of the candidate. Fastpad wants to create the dominant recruitment marketplace in India that is growing 40% annually.
6. 70 Million Jobs — Job recruitment platform for America’s formerly incarcerated
70 Million Jobs is a start up recruitment platform that connects companies with applicants.
7. Fibo — Mobile work tracking for construction teams
The start-up company has made a mobile app which enables the construction field teams to keep work logs, time sheets and take photos of the progress to submit to their office. According to the company, it can save $4,000 a year of the employer.
8. Vize Software — Self-serve Palantir
This start up makes software that creates interactive data visualizations which can be edited on the fly. This enables businesses to change values of their data right in the charts.
9. Moneytis — The cheapest way to send money abroad
This company wants to provide a cheaper way for customers to send money between two countries.
10. Tolemi — Software to help cities find distressed properties
The company is building a data hub to connect all the city property data, starting with vacant properties.
12. Simple Habit — Netflix for meditation
Report states that Americans spent $1 billion on meditation in 2015 and $2 billion in 2016. Simple Habit wants to monetize the beginning of this movement. Yunha Kim, the founder of Simple Habit has sold her last start-up, Locket.
Some other names into this category are DocTalk, Scaphold, Pilot, UpKeep, Humi, Paragon One, Hivy, Lively, and Rippling.
Simple Habit is the start-up firm owned by Yunha Kim, who had sold her last start up, Locket. The firm belongs to the category, to make the experience of work better in terms of networking, collaboration, and communities.
Mere Coffee is a start-up company promising a superior experience with its champion machine using whole bean coffee. The company is getting traction from several tech startups.
To wrap it up, after searching through online resources, we have prepared a list of the start-ups into content discovery, making the experience of work better, with a focus on Machine Intelligence/ Artificial intelligence.
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