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REPORT • AUGUST 2023

AI 50

High-growth private AI companies
Artificial intelligence (AI) is the future of business. The global AI market is projected to grow at a CAGR of 37.3% from 2023 to 2030, reaching $1.8 trillion by 2030. This remarkable expansion is being driven by the increased impact of AI on business outcomes and productivity.

This report provides investors with a list of 50 high-growth private AI companies well-positioned to capitalize on the future of AI across its foundational and diverse application software.

Key Insights:

  • Nearly 74% of the AI companies in our top 50 list are in the seed and early stages (Series A and B funded).
  • Data analytics & knowledge management, customer service and marketing tech are amongst the leading themes in the AI application vertical today.
  • Fast-growing categories within the AI infrastructure space includes AI foundation models, AI model training and deployment software followed by data operations.
  • 60% of top 50 AI companies are based out of North America followed by 24% from UK & Europe.

This report provides deep insights into the high flyers AI companies and includes performance metrics based on alternative datasets like website traffic, employee growth, product ratings and many others available on the Synaptic platform.

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About Synaptic

Synaptic provides actionable insights from alternative datasets on a no-code platform, so you can invest with data-driven confidence. Synaptic unifies billions of data points from both your favorite data sources and our own proprietary sources in a single pane of glass, so you never miss out on spotting emerging trends and high-growth companies.

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