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Image Recognition

22 of the Most Successful Image Recognition Startups

If you're building an Image Recognition startup, you must check this list of the 22 most successful ones.

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There are a lot of things to consider when building a new startup - where to get funding, how to validate your idea, and what features should the product have.

One of the challenges, however, is finding a market that is willing to pay for your solution without even knowing what it is yet.

While some people say this makes your idea too vague and hard to monetize, there’s actually good news.

There’s more money in this space than ever before by angels investing in early-stage companies.

If you're building a Image Recognition startup, you must check these 22 fast-growing companies.


22 Image Recognition Startups

1) OroraTech

1) OroraTech

OroraTech provides real-time information services to help in wildfire detection and monitoring.

Details of the startup:

  • Country: Germany
  • City: Munich
  • Started in: 2018
  • Founders: Björn Stoffers, Florian Mauracher, Rupert Amann, Thomas Grübler
  • Number of employees: 11-50
  • Funding amount: € 7,415,000
  • Number of funding rounds: 6
  • Number of investors: 11

You can find their website here.

2) Trax

2) Trax

Trax is a retail technology company that offers in-store execution tools, market assessment services, and data science solutions.

Details of the startup:

  • Country: Singapore
  • City: Singapore
  • Started in: 2010
  • Founders: Dror Feldheim, Joel Bar-El
  • Number of employees: 1001-5000
  • Funding amount: $1,026,900,000
  • Number of funding rounds: 10
  • Number of investors: 10

You can find their website here.

3) SenseTime

3) SenseTime

SenseTime is an artificial intelligence firm that specializes in cutting-edge computer vision and deep learning techniques.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2014
  • Founders: Bing Xu, Li Xu, Xiaogang Wang
  • Number of employees: 501-1000
  • Funding amount: $2,640,000,000
  • Number of funding rounds: 9
  • Number of investors: 27

You can find their website here.

4) Red Points

4) Red Points

Red Points is a technology firm that focuses on safeguarding digital assets and brands that are sold online.

Details of the startup:

  • Country: Spain
  • City: Barcelona
  • Started in: 2011
  • Founders: David Casellas, Josep Coll
  • Number of employees: 101-250
  • Funding amount: $85,988,342
  • Number of funding rounds: 8
  • Number of investors: 10

You can find their website here.

5) Doubtnut

5) Doubtnut

Doubtnut is an e-learning website that allows users to ask physics, chemistry, and math study questions.

Details of the startup:

  • Country: India
  • City: Gurgaon
  • Started in: 2016
  • Founders: Aditya Shankar, Tanushree Nagori
  • Number of employees: 11-50
  • Funding amount: $49,939,813
  • Number of funding rounds: 5
  • Number of investors: 10

You can find their website here.

6) Descartes Labs

6) Descartes Labs

The Descartes Labs Platform was created to address some of the world's most difficult and important geospatial analytics problems.

Details of the startup:

  • Country: United States
  • City: Santa Fe
  • Started in: 2014
  • Founders: Adam Smith, Mark Johnson, Mark Mathis, Mike Warren, Steven Brumby, Tim Kelton
  • Number of employees: 101-250
  • Funding amount: $58,000,000
  • Number of funding rounds: 4
  • Number of investors: 14

You can find their website here.

7) MEGVII

7) MEGVII

Megvii creates AI Engine, a basic technology that powers a variety of AI applications.

Details of the startup:

  • Country: China
  • City: Beijing
  • Started in: 2011
  • Founders: Qi Yin, Wenbin Tang, Yang Mu
  • Number of employees: 1001-5000
  • Funding amount: $1,357,000,000
  • Number of funding rounds: 7
  • Number of investors: 17

You can find their website here.

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8) Lunit

8) Lunit

Using AI-powered imaging biomarkers to defeat cancer

Details of the startup:

  • Country: South Korea
  • City: Seoul
  • Started in: 2013
  • Founders: Anthony Paek, Donggeun Yoo, Jungin Lee, Kyunghyun Paeng, Minhong Jang, Sunggyun Park
  • Number of employees: 51-100
  • Funding amount: $46,478,911
  • Number of funding rounds: 5
  • Number of investors: 10

You can find their website here.

9) ViSenze

9) ViSenze

ViSenze uses artificial intelligence to simplify the visual web.

Details of the startup:

  • Country: Singapore
  • City: Singapore
  • Started in: 2012
  • Founders: Chua Tat-Seng, Li Guangda, Oliver Tan, Roger Yuen
  • Number of employees: 11-50
  • Funding amount: $34,000,000
  • Number of funding rounds: 6
  • Number of investors: 16

You can find their website here.

10) Plantix

10) Plantix

The world's largest digital agro-ecosystem for small-scale farming, including an AI-powered crop doctor, illness alarms, and the appropriate treatments.

Details of the startup:

  • Country: Germany
  • City: Berlin
  • Started in: 2015
  • Founders: Alexander Kennepohl, Bianca Kummer, Charlotte Schuhmann, Korbinian Hartberger, Pierre Munzel, Robert Strey, Simone Strey
  • Number of employees: 101-250
  • Funding amount: € 17,150,000
  • Number of funding rounds: 5
  • Number of investors: 7

You can find their website here.

11) Kayrros

11) Kayrros

Kayrros is a data analytics firm that assists global energy market participants in making more informed investment decisions.

Details of the startup:

  • Country: France
  • City: Paris
  • Started in: 2016
  • Founders: Alexandre d’Aspremont, Antoine Halff, Antoine Rostand, Jean-Michel Lasry, Laurent El Ghaoui
  • Number of employees: 51-100
  • Funding amount: $34,483,346
  • Number of funding rounds: 4
  • Number of investors: 7

You can find their website here.

12) Deepomatic

12) Deepomatic

Deepomatic creates a platform that allows professionals to create custom image recognition AI and provides clients with computer vision solutions.

Details of the startup:

  • Country: France
  • City: Paris
  • Started in: 2014
  • Founders: Alois Brunel, Augustin Marty, Vincent Delaitre
  • Number of employees: 11-50
  • Funding amount: $11,728,307
  • Number of funding rounds: 9
  • Number of investors: 11

You can find their website here.

13) Mapillary

13) Mapillary

Mapillary has created a street-level imagery platform that relies on pictures submitted by the general public.

Details of the startup:

  • Country: Sweden
  • City: Malmö
  • Started in: 2013
  • Founders: Jan Erik Solem, Johan Gyllenspetz, Peter Neubauer, Yubin Kuang
  • Number of employees: 51-100
  • Funding amount: $24,600,000
  • Number of funding rounds: 4
  • Number of investors: 11

You can find their website here.

14) EyeEm

14) EyeEm

EyeEm develops software to display the best photographs from the world's largest photo community.

Details of the startup:

  • Country: Germany
  • City: Berlin
  • Started in: 2011
  • Founders: Florian Meissner, Gen Sadakane, Lorenz Aschoff, Ramzi Rizk
  • Number of employees: 101-250
  • Funding amount: $24,000,000
  • Number of funding rounds: 5
  • Number of investors: 7

You can find their website here.

15) Intello Labs

15) Intello Labs

Image matching and machine learning are used by Intello Labs to assess crop quality.

Details of the startup:

  • Country: India
  • City: Haryana
  • Started in: 2016
  • Founders: Devendra Chandani, Milan Sharma
  • Number of employees: 51-100
  • Funding amount: $8,523,800
  • Number of funding rounds: 6
  • Number of investors: 8

You can find their website here.

16) Anyline

16) Anyline

Anyline provides a simple scanning solution that saves both time and money.

Details of the startup:

  • Country: Austria
  • City: Vienna
  • Started in: 2013
  • Founders: Daniel Albertini, David Dengg, Jakob Hofer, Lukas Kinigadner
  • Number of employees: 51-100
  • Funding amount: $17,016,495
  • Number of funding rounds: 5
  • Number of investors: 9

You can find their website here.

17) Augmenta

17) Augmenta

Using deep learning, automate the precision application of farm inputs in real-time, increasing production, improving quality, and lowering input costs.

Details of the startup:

  • Country: Greece
  • City: Athens
  • Started in: 2016
  • Founders: Dimitri Evangelopoulos, George Varvarelis
  • Number of employees: 11-50
  • Funding amount: $11,150,000
  • Number of funding rounds: 4
  • Number of investors: 5

You can find their website here.

18) Ecopia.AI

18) Ecopia.AI

Ecopia.AI is a machine learning firm that specializes in extracting information from geospatial big data.

Details of the startup:

  • Country: Canada
  • City: Toronto
  • Started in: 2013
  • Founders: Jon Lipinski, Yuanming Shu
  • Number of employees: 11-50
  • Funding amount: $6,740,000
  • Number of funding rounds: 2
  • Number of investors: 2

You can find their website here.

19) Seez

19) Seez

Seez is a smartphone app for automobile shoppers that is built on a data-driven automotive platform.

Details of the startup:

  • Country: United Arab Emirates
  • City: Dubai
  • Started in: 2016
  • Founders: Andrew Kabrit, Tarek Kabrit
  • Number of employees: 11-50
  • Funding amount: $8,800,000
  • Number of funding rounds: 3
  • Number of investors: 5

You can find their website here.

20) Co-one

20) Co-one

Platform for crowdsourcing data annotation and enrichment that is AI-based and gamified.

Details of the startup:

  • Country: Estonia
  • City: Tallinn
  • Started in: 2020
  • Founders: Ataberk Arman Kayhan, Mert Menekşe
  • Number of employees: 11-50
  • Funding amount: $1,500,000
  • Number of funding rounds: 2
  • Number of investors: 7

You can find their website here.

21) Seedtag

21) Seedtag

Seedtag provides worldwide companies with a portfolio of Contextual Advertising solutions based on Machine Learning and Artificial Intelligence.

Details of the startup:

  • Country: Spain
  • City: Madrid
  • Started in: 2014
  • Founders: Albert Nieto, Jorge Poyatos, Pablo López Torres
  • Number of employees: 101-250
  • Funding amount: € 5,200,000
  • Number of funding rounds: 3
  • Number of investors: 1

You can find their website here.

22) ParallelDots

22) ParallelDots

ParallelDots is an Image Recognition software that helps FMCG firms improve in-store execution and increase sales.

Details of the startup:

  • Country: India
  • City: Gurgaon
  • Started in: 2017
  • Founders: Angam Parashar, Ankit Narayan Singh, Muktabh Mayank Srivastava
  • Number of employees: 51-100
  • Funding amount: $1,400,000
  • Number of funding rounds: 1
  • Number of investors: 1

You can find their website here.

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