AI Heatmap: Healthcare Emerges As Hottest Area For Deals To Artificial Intelligence Startups

Healthcare, advertising, sales & marketing, and business intelligence startups using AI technologies received the highest number of deals in 2015 compared to other sub-industries; healthcare is dominating 2016 so far. Several sub-industries are leveraging the advances in artificial intelligence algorithms, from predicting crop failures in agriculture to intelligent shopping assistants in e-commerce. Particularly, healthcare startups using advanced machine learning algorithms for medical imaging & diagnostics, remote patient monitoring, and risk prediction, among other things, have piqued the interest of investors in recent years. Deals to these startups increased from 8 in 2011 to 60 in 2015. There have already been over 40 deals to this sub-industry so far this year (as of 6/15/2016).