Artificial Intelligence Explodes: New Deal Activity Record For AI Startups

Equity deals to startups in artificial intelligence -- including companies applying AI solutions to verticals like healthcare, advertising, and finance as well as those developing general-purpose AI tech -- increased nearly 6x, from roughly 70 in 2011 to nearly 400 in 2015. Q1'16 saw a new peak in deal activity to the category. So far in 2016 (as of 6/15/2016), over 200 AI-focused companies have raised nearly 1.5B in equity funding. Our analysis includes all equity funding rounds and convertible notes. Deals and dollars reached a new high in 2015.