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And, what markets and product types do they target?
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I want to explore data on my own...
Here is a breakdown of Gen AI startups by different market and product types. Looks like Business to Business is the space to be!
Here’s an open exploration of the entire data for you.
market in a snapshot
GenAI
Let's explore in a Chat GPT style interface how the market of Generative AI has grown and see important players since the 2010s.
Example : “What’s next biggest innovation in Chat GPT space?
500 startups
From 2010 to now, based on DealRoom’s startup dataset.
$76 million
Average valuation of the startups in the list.
$42.6 million
Average funding per startup on the list.
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How has the generative AI industry grown over time?
Looking at the past data, here’s the growth of generative AI startups across the world. The highest growth was in 2019... looks surprising, but it is what the data says!
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Where have we seen the most startups come up?
As expected, the United States, has the highest number of startups. Note that UK, Germany, Israel and India have a significant number of startups, too.
Note that
Israel is a new and interesting hub of AI startups.
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When were the top startups founded and what industry do they belong to?
Here's a scatterplot of all Forbes AI 50 startups from 2023 showing when they were founded and how much funding they received. It dates back to 2010. Pretty cool, right?