map: US of AI

My $17M pre-seed round

Hi there,

An article about pre-calc highlights the elusive 110% pie chart.

We need more math education it seems.

Thanks to subscriber Garrett Koehn for alerting us to this masterpiece.

C’mon man

Last week, a founder reached out to tell us that we had his $17M+ financing round mislabeled as a Series A.

Per him, it was actually a seed round.

This is almost as bad as the founder who insisted his Series A was actually a Series Awesome.

Please founders — don’t email us with dumb stuff like this so that you can issue press releases that say “XYZ raises largest seed round in history.”

Also, as a reminder, don’t email us with edits. Update your investor or company profile directly with the CB Insights Editor.

And remember, when submitting, there is a jargon filter so try hard to describe your company like a human being.

Driving without a driver

We updated our comparison of five private companies that are working on autonomous shuttles or buses. Nayva, developer of a 15-person bus called Arma, is the most well-funded company in our analysis.

Solar potential

Here are the ten cities with the most solar potential.

Insurance recap

We compiled a list of notable insurance tech partnerships, deals, and startup hires we tracked through the first quarter of 2017. Decisely and Namely were the only financings in Q1 2017 that were among the 10 largest deals since the start of 2016.

Brewery bubble

A graph of the total number of breweries in the USA over time.

We previously looked at the growth of micro-VCs vs microbreweries. Micro VC firms are growing at a comparable rate.

Note: Every moderately successful entrepreneur is raising a VC fund right now. They all seem to think they’re differentiated cuz they’ve got a great network, are investing in AI, and will work hard for their founders.

Mapping AI

We mapped the most well-funded AI startups in each of the 34 states where there have been equity deals to an AI company in the last five years.

The Industry Standard

CB Insights data is the most trusted by those in the industry and the media. A few recent hits.

VentureBeat. Khari Johnson (@kharijohnson) writes about AI-powered fashion chatbot Mode.ai and refers to CB Insights research on the AI 100, or top AI startups.

Vator News. Ronny Kerr on how Pinterest makes money with a reference to CB Insights valuation data.

CNBC. Anita Balakrishnan (@msabalakrishnan) on Cloudera’s IPO filing with a mention of CB Insights valuation data.

Happy Monday.

I love you.

Anand
@asanwal

P.S. We’ll be diving into insurance tech on April 11th. Join us for the briefing.

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