PreSeries’ Algorithm Chooses Pixoneye as the Startup Most Likely to Succeed

PreSeries, the joint venture between Telefónica Open Future_ and BigML, staged the fourth edition of the Artificial Intelligence Startup Battle yesterday (Tuesday, February 28). The event took place at the main stage of the 4 Years From Now (4YFN) event, the startup focused platform of the Mobile World Congress that enables investors and corporations to connect with successful entrepreneurs to launch new ventures together. More than 500 attendees witnessed this unique battle, where no humans were involved in assessing the contestants. Instead, the Machine Learning algorithm of PreSeries chose the winner.

This fourth edition followed the footsteps of the previous AI Startup Battles, the first one celebrated in Valencia last March 15, 2016, the second one in Boston on October 12, 2016, and the third one in Sao Paulo on December 9, 2016, where PreSeries’ algorithm asked a number of dynamically selected questions to each contender in order to provide a score between 0 and 100. The startup with the highest score won the contest as the system deemed it to be the one with most likelihood of future success. The predictions are based on historical data from more than 350.000 companies from around the world.

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Pixoneye, the winner of the Artificial Intelligence Startup Battle at 4 Years From Now conference. Ana Segurado, the Global Manager of Telefónica Open Future_ gives away the award (left) to Pixoneye’s Erin Bronstein (right).

With a score of 96.63, the winner was announced as Pixoneye. Pixoneye is based in London and Tel Aviv, and offers the ability to analyze the untapped power of mobile users’ photo galleries on behalf of their clients. The second place finisher was Action.ai with a score of 94.00, an English company that develops chatbots that revolutionises customer interactions for businesses and user experiences. The third position, with 67.82 points, was for people.io of London. people.io gives people ownership of their data to enable the next phase in the evolution of human connectivity. Finally, the fourth placed contestant (with a score of 61.23) was Descifra of Mexico, which helps businesses understand the characteristics of the markets around them through easy to understand charts, tables, and maps.

As in previous battles, the audience enthusiastically warmed up to the idea of an AI system judging the contestants after the pitch sessions and was excited to witness Pixoneye being crowned the latest AI Startup Battle winner. 

PreSeries goes to the Test Lab at WIRED2016 in London

Innovative technology, leading edge startups and brilliant entrepreneurship were at display at London’s Tobacco Dock for the 2016 edition of Wired conference this week, on November 3 and 4. The inspiring venue and a great line up of speakers in this two-day event made for a truly special gathering along with the Test Lab, which was organized by Telefónica. PreSeries has been invited to participate, and made the best of it by interactively demoing its capabilities thanks to our Alexa integration. Nothing better to capture the moment than a few pictures!

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In addition to the PreSeries booth, Telefónica presented an impressive array of seven more companies from its portfolio:

  • Saffe, a mobile payment app that leverages world-class facial recognition technology
  • Knomo, a company that creates fashionable accessories to get life organized
  • Pzizz, an app that helps people beat insomnia and get great sleep
  • Cru Kafe, a company that offers one of the best ethical and organic coffee labels in the world
  • Voicemod, a platform that lets you add real time audio modification to your app with a simple and free SDK
  • 52 MasterWorks, the first crowdfunding company investing in art
  • Pulsar, an audience intelligence platform that provides insights on customer behaviour from social media data

Over 700 people visited the Test Lab, which was even further expanded the evening of the first exhibition day, when 13 additional companies joined the event.

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The Test Lab and WIRED2016 event will close its doors today (Friday, November 4, at 06:45 PM GMT). We sincerely thank the Wired community and Telefónica for this great opportunity to showcase the value of PreSeries to fellow early stage startups and investors that are thirsty for quantifiable and objective feedback about their growth potential.

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