The GenAI 50 is CB Insights' list of the 50 most promising private generative AI companies in the world. The winners are working on foundation models, code generation, AI assistants, and more.
CB Insights has unveiled the winners of the first-ever GenAI 50 — a list of the 50 most promising private generative AI (genAI) companies across the globe.
Among this year’s winning cohort, 16 winners are focused on industry-specific genAI use cases, such as character animation in media & entertainment or drug discovery in healthcare. A total of 20 vendors are working on cross-industry solutions, like AI assistants & human-machine interfaces (HMIs) as well as code generation tools. The other 14 companies in the GenAI 50 cohort are developing tools like vector database tech and foundation models to support AI development.
Our research team picked these 50 private market vendors using CB Insights datasets — including R&D activity, proprietary Mosaic scores, business relationships, Yardstiq transcripts, investor profiles, news sentiment analysis, competitive landscape, and team strength — and criteria such as tech novelty and market potential. The research team also reviewed Analyst Briefings submitted by applicants.
CB Insights clients can access the entire GenAI 50 list and interactive Expert Collection here.
If you are not already a CB Insights client, sign up for a free trial to analyze each winner’s funding and valuation history, headcount growth, key competitors, and more.
Want to be considered for future rankings? Fill out this initial application form (it’ll take no more than a few minutes). If selected, you’ll be asked to complete our Analyst Briefing Survey so that our analysts can better understand your products, customers, and market traction.
Companies are categorized by their primary focus area and client base. Categories in the market map are not mutually exclusive.
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TOP GENERATIVE AI COMPANIES 2023: GENAI 50 COHORT HIGHLIGHTS
Overall funding and valuation trends: The GenAI 50 includes a mix of companies at different stages of maturity, product development, and funding. The cohort has raised more than $19B — driven by OpenAI’s $13B worth of investments from Microsoft — across 122 deals since 2019 (as of 7/31/23). This list of winners includes 11 unicorns with a $1B+ valuation.