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4 Image Recognition Startups that Became Unicorns

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Once a company crosses the $1 Billion mark, it becomes part of a rare and exclusive club: The Unicorn Club.

This next list contains 4 companies in the Image Recognition industry that have achieved a valuation of more than $1 billion dollars; or in other words, have reached a so-called “Unicorn” status.

4 Image Recognition Unicorns Companies

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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Scale AI

Scale AI

Scale AI acts as a data platform for AI, connecting internal teams to the best datasets so they can focus on building data-driven solutions for their business.

Details of the startup:

  • Valuation:

    $7.30

    B (

    August 2019

    )

  • Country:

    United States

  • City:

    San Francisco

  • Started in:

    2016

  • Founders:

    Alexandr Wang, Lucy Guo

  • Industries:

    Artificial Intelligence, Image Recognition, Machine Learning, SaaS

  • Number of employees:

    250-500

  • Funding Amount:

    $602.82M

  • Number of funding rounds:

    8

  • Number of investors:

    28

here

MEGVII

MEGVII

Megvii is a leading artificial intelligence (AI) company, which builds AI engine, the core fundamental technology for your business.

Details of the startup:

  • Valuation:

    $4.00

    B (

    October 2017

    )

  • Country:

    China

  • City:

    Beijing

  • Started in:

    2011

  • Founders:

    Qi Yin, Wenbin Tang, Yang Mu

  • Industries:

    Artificial Intelligence, Facial Recognition, Image Recognition, Machine Learning, Mobile, Robotics, Software

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,358.00M

  • Number of funding rounds:

    7

  • Number of investors:

    17

here

Trax

Trax

Trax marketing solution enables retailers to increase sales, manage costs and invent new experiences for their customers at all phases of the purchase journey.

Details of the startup:

  • Valuation:

    $1.30

    B (

    July 2019

    )

  • Country:

    Singapore

  • City:

  • Started in:

    2010

  • Founders:

    Dror Feldheim, Joel Bar-El

  • Industries:

    Analytics, Artificial Intelligence, Computer Vision, E-Commerce, Image Recognition, Retail Technology

  • Number of employees:

    1,000-5,000

  • Funding Amount:

    $1,012.65M

  • Number of funding rounds:

    15

  • Number of investors:

    16

here

Scandit

Scandit

Scandit is a technology platform that offers smart data capture and barcode scanning software solutions for its users.

Details of the startup:

  • Valuation:

    $1.00

    B (

    February 2022

    )

  • Country:

    Switzerland

  • City:

    Zurich

  • Started in:

    2009

  • Founders:

    Christian Floerkemeier, Christof Roduner, Samuel Mueller

  • Industries:

    Augmented Reality, Image Recognition, Machine Learning, Mobile Apps, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $273.00M

  • Number of funding rounds:

    8

  • Number of investors:

    13

here

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