BrainBox AI Named to the 2021 CB Insights AI 100 List of Most Innovative Artificial Intelligence Startups
We are honored to be included in CB Insights’ AI 100 list, an annual ranking showcasing the 100 most promising private artificial intelligence companies in the world.
For context, the CB Insights research team selected, through an evidence-based approach, the AI 100 from a pool of over 6,000 companies based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.
“We are extremely proud to be recognized as one of the 5 Canadian companies represented in the list,” shared Sam Ramadori, President at BrainBox AI. “At BrainBox AI, we believe using advanced artificial intelligence is the key to slashing the immense amount of carbon emissions produced by the real estate industry every year. We look forward to continuing to bring innovation to cities around the world and to contributing meaningfully in the fight against climate change.”
“This is the fifth year CB Insights has recognized the most promising private artificial intelligence companies with the AI 100, and this is one of the most global groups we’ve ever seen. This year’s cohort spans 18 industries, and is working on everything from climate risk to accelerating drug R&D,” said CB Insights CEO Anand Sanwal. “Last year’s AI 100 companies had a remarkable run after being named to the list, with more than 50% going on to raise additional financing (totaling $5.2B), including 16 $100 million+ mega-rounds. Many also went on to exit via M&A, SPAC or IPO. As industry after industry adopts AI, we expect this year’s class will see similar levels of interest from investors, acquirers and customers.”
BrainBox AI is the world’s first fully autonomous artificial intelligence (AI) technology for Heating, Ventilation and Air Conditioning (HVAC) systems in commercial real estate. BrainBox AI’s technology continuously makes micro-adjustments to a building’s existing HVAC system, in real-time, based on the monitoring of a multitude of internal and external data points. This industry-defining technology generates up to a 25% reduction in total energy costs, a 20-40% decrease in carbon footprint and a 60% increase in occupant comfort.