NEW YORK--(BUSINESS WIRE)--Arteria AI, an award-winning global leader in enterprise digital documentation infrastructure, announced that it has been named to the 2023 CB Insights AI 100 ranking, recognizing the most promising private AI companies around the world.
Built by technologists, scientists, lawyers and financial services experts, Arteria AI’s platform has been deployed at some of the largest, top-ranked financial institutions around the world, helping them to accelerate digital documentation and data processes to deliver faster, more accurate experiences to customers – all while lowering costs and minimizing risk for financial institutions.
“We are honored to be included as one of this year’s most promising AI companies by an organization as well respected as CB Insights. This is particularly significant to us in a year where there has been such rapid advancement in AI, which is reflected in the fact that over half of the companies on this list, including Arteria AI, use or develop generative AI models,” said Shelby Austin, Co-founder and CEO of Arteria AI. “This recognition validates the importance and value of the role that Arteria is playing in helping our financial institution clients solve data challenges to operate more efficiently and profitably. We’re also thrilled it emphasizes the continued cutting-edge research and development done by our world-class data science and AI team.”
Now in its seventh year, this annual program leverages data from the CB Insights platform to select the top 100 private market AI vendors from a pool of nearly 9,000 companies. The past year has seen significant advancements in AI, with over half of the ranked vendors for the 2023 list using or developing generative AI models. Chosen companies were selected based on criteria, including research and development activity, proprietary Mosaic scores business relationships, Yardstiq transcripts, investor profiles, news sentiment analysis, competitive landscape and team strength. Additionally, criteria like tech novelty and market potential, as well as thousands of reviewed analyst briefings submitted by applicants, were part of the consideration process. Arteria is one of just two companies highlighted in the “Finance” category.
About Arteria AI
Powered by data, Arteria AI is trusted by the world’s largest banks to transform client document processes at enterprise scale – working smarter and faster to maximize revenue and save time and cost. Arteria AI's client documentation solution removes the need for legacy manual processes by structuring data during the documentation lifecycle to speed up decision-making processes for all stakeholders with a highly intuitive front-end.
Built by subject matter experts, data scientists and technologists, Arteria AI's solution unleashes the power of data to help global, regulated financial institutions solve client document complexity at scale. Adopting an innovative data-first approach, this AI-powered enterprise-ready solution takes the friction out of the paper trail.