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Registering the Significance of Israeli AI Startups
Reportedly, 928 AI start-ups are in existence in Israel and are successfully running. However, one cannot find an abundance of information on Israeli startups. Tel Aviv, Israel is home to the world’s most successful AI startups. Petrof accords that tech giants and world-class software companies like IBM, Apple, and Intel have their eyes on Israel-based artificial intelligence startups. The Israeli startups, over the years, have demonstrated the potentials to gain the tech-giants massive revenues. One relevant instance in this context would be Microsoft that had invested $14 billion in 2012.
The belief in the potential of Israeli AI startups dates back to 1990 when the government had made funding of $220 million as an investment in Israeli AI startups.
Knowing the best AI startups in Israel
Out of 928, Analytics Insight has extricated the ten best AI startups based in Israel.
Cybereason
Headquarter: Tel Aviv, Israel
Founded: 2012
Focus Area: Machine learning-based endpoint threat detection and solution to the response.
Company Sketch: Cybereason, as the name suggests, is a startup that specializes in providing end-point threat detection and response solution services to business organizations and companies. The company has its belief rooted in machine learning and designs products leveraging machine learning technology. The products are crafted and trained to detect threats in real-time so that actions are taken in real-time. The products are known as Endpoint Detection (EDR) and Next Generation Anti-virus (NGAV) are adept in the detection of suspicious activities, incident data search, and investigation along with malicious activity termination. The company has served like Motorola and Lockheed Martin.
Gong
Headquarter: Ramat Gan, Israel
Founded: 2015
Focus Area: Sales Analytics Solutions
Company Sketch: Gong, a cybersecurity startup, specializes in providing sales analytics solutions services. The products that Gong offers are Whisper and Beat. Whisper is a platform that tracks performance. This particular product is meant for employees in call centres. Beat can be defined as a gateway where web meetings and emails are visible and users can adjust timelines as per their convenience. Gong also offers marketing intelligence solutions to business organizations that help them to formulate innovative and unique strategies.
Sisense
Headquarter: Ramat Gan, Israel
Founded: 2004
Focus Area: Business Intelligence and Data Analysis Solutions
Company Sketch: Sisense specializes in providing data analysis and BI solutions. The products by Sisense aim to analyze and visualize solutions for business organizations and enterprises. The startup enables the big business organizations to connect with massive databases and share web dashboards along with the offering of data connectors that help is connecting to files, applications, and database servers and big data sources such as Hadoop Hive.
Redis Labs
Headquarter: Tel Aviv, Israel
Founded: 2011
Focus Area: Cloud-based products, in-memory database structures
Company Sketch: Redis Labs specializes in offering enterprise-class memory database. These services and the products are directed at supporting clusters, scaling, data persistence, and failure recovery. Redis Labs designs products that can deal with real-time incidents and data, high-speed transaction, job queue management, and masters the obliteration of complexities in statistical analysis. The company is progressive in its endeavours it also leverages machine learning technology.
Riskified
Headquarter: Tel Aviv, Israel
Founded: 2012
Focus Area: Fraud Prevention through AI
Company Sketch: Riskified has gained fame by offering AI-based fraud prevention solutions for banks and financial institutions. The company leverages big data tools and machine learning algorithms that provide accurate insights on payments and transactions. Riskified ensures that banks and financial institutions are protected from obtrusive breaches into the systems, acknowledging the fact that modern-day banking is more vulnerable to attacks.
Forter
Headquarter: Tel Aviv, Israel
Founded: 2013
Focus Area: Fraud Prevention
Company Sketch: Forter specializes in providing cloud-based fraud prevention to businesses. Aimed at banking systems, fintech, and financial institutions, the products by Forter provides valuable insights on payment transactions. The insights generated also help the organizations to accept and reject transactions. Forter leverages deep data aggregation technologies that involve big data analytics, machine learning, cyber intelligence, and real-time behavioural sensors to keep a track record of users, interaction of the site. It also facilitates, clicks analyses, heat maps, flow analyses, and much more.
BigID
Headquarter: Tel Aviv, Israel
Founded: 2016
Focus Area: Data Privacy Management
Company Sketch: BigID has its reputation as cloud-based data privacy management software provider. The company leverages artificial intelligence such as discovering PI across structured, unstructured, and big data. The products and services offered by BigID facilitate automation of data flow mapping, tracking data access, and finding hidden information. The AI imbued products are adept in saving business organizations from privacy breach risks.
BioCatch
Headquarter: Tel Aviv, Israel
Founded: 2011
Focus Area: A-based detection services using biometric behaviour
Company Sketch: BioCatch products are imbued with AI-based detection for transaction monitoring. The company also leverages behavioural metrics and proactive profiling technology to detect threats and prospective attacks. BioCatch manifests its expertise in dealing with cyber threats in real-time and generates effective solutions to them.
LightTricks
Headquarter: Jerusalem, Israel
Founded: 2013
Focus Area: Photo Editing
Company Sketch: LightTricks is an AI startup that has dealings in photo editing applications. The application by LightTricks facilitate content creation on mobile platforms. The products by LightTricks are Facetune, a photo retouching application. Facetune has gained a maximum reputation in 2021 and is famous amongst the Millenials. Pixaloop is another application that allows users to add animation to photos. The applications by Lughttricks are available for both android and ios users.
Fabric
Headquarter: Tel Aviv, Israel
Founded: 2015
Focus Area: Micro-fulfillment solutions
Company Sketch: Fabric specializes in providing AI-based micro-fulfilment solutions. The company strives to build automated infrastructure fulfilment centres The company leverages high-end technology to enable businesses to establish customer convenient solutions on inventory levels, delivery, and Opex requirements.
SM Blurb: Israeli-based Startups are soaring high by leveraging high-end technologies such as artificial intelligence, machine learning, big data, and data analytics. Explore more on the topic with Analytics Insight.
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