The landscape of the fintech space is becoming more and more competitive, with new players entering the market every day. This has resulted in a rising number of funding rounds in the sector. With so many companies looking to raise capital, it is natural that some of these offerings will fail to attract venture capital (VC) investors. At current valuations, most startups are not generating enough revenue or profit to justify raising VC funds from institutional investors. However, in the machine learning-focused fintech space, there are a handful of startups that have demonstrated significant potential for growth and can therefore be expected to raise substantial sums of money in the coming years. Here are the top 10 most valuable machine learning funding 2022 edition to keep an eye on.
1. Evinced
First on our list of top 10 most valuable machine learning funding 2022 is Evinced. This company is a SaaS-based solution that automatically looks for groups, and tracks accessibility issues – even those that used to require manual audits to find. Evinced has $38 million in new funding, which it plans to boost its accessibility design.
2. Vamstar
Vamstar is an AI-enabled healthcare supply chain platform. They focus on software for integrating accessibility into web and mobile. This UAE-based health tech firm closed a $9.5 million Series A round, led by Dutch Founders Fund (DFF) and Alpha Intelligence Capital (AIC).
3. Inflection
Inflection is a leading AI agency with expertise in data strategy, governance, privacy, and more. That said, they empower firms to make better people decisions about people to hire, entities to trust, and individuals they should grant access to. This B2B startup raised $5 million in a seed funding round in May 2022 led by MHS Capital.
4. Lightning AI
Next on our list of the top 10 most valuable machine learning funding 2022 edition is Lightning AI. This firm is an ad software that finds target audiences and automates ad tasks on Facebook, Google, and Instagram. In June 2022, they raised $40 million in a Series B funding led by Coatue. Also joining the round were Index Ventures, the Chainsmokers’ Mantis VC, Bain, and First Minute Capital.
5. LogRocket
LogRocket is a frontend monitoring and product analytics platform. Given its capabilities, it enables developers to capture granular experience data. In June 2022, the startup raised $25 million in Series C funding. Delta-v Capital and Battery Ventures led the round.
6. Ivy Homes
Also on our list of the top 10 most valuable machine learning funding 2022 is Ivy Homes. This startup is a leading provider of home automation solutions. For one, they provide instant offers and an easy and safe way to sell and buy homes. Given its potential, it’s not surprising that they raised $5.75 million in equity for their seed round. Added to that, they also got a $1.3 million in debt grant to grow their tech.
7. Synaptic
Synaptic is a self-driven machine learning infrastructure that helps enterprises build and train their own models. In fact, it prides itself in providing actionable insights about private and public companies on a no-code platform. For instance, they claim to use 100 performance metrics such as SEO data, web and mobile traffic, employee data, and more on its platform. The startup raised $20 million in its Series B funding this year.
8. AEye
AEye offers safe, universal vehicle autonomy for all. That said, they have a trademarked feature: a mix of LiDar, AI software, and a camera. This tech provides a robotic vision for object detection, safety, and real-time feedback. Though they’ve yet to get a new round of funding this 2022, many are watching this startup as it has raised a total of $314.1 million over eight rounds.
9. HighSpot
HighSpot is a sales enablement platform that allows users to increase sales through its tech. It started the year with a bang as it raised $248 million in Series F funding in January
10. Dataiku
Dataiku is a machine-learning platform offering a central AI design, deployment, and management solution. As the startup raised $400 million in Series E funding in 2021, some speculate that the startup might be up for another round of investments in 2022.
