Company Updates

Canvass AI named ‘Hot Startup to Watch’ in 2021 Big50 Report

Published on:
August 9, 2021

Canvass AI has been recognized as one of the hottest startups of 2021 in Startup50’s 2021 Big50 Startup Report. The award acknowledges Canvass AI efforts to empower industrial engineers with the power of AI to transform industrial operations.  This is the second time that Canvass has been named in the report, highlighting the company’s significant traction and growth since it was originally named in 2019.

 

Awarding the best of the best

The 2021Big50 Startup Report spotlights 50 high-upside startups across the globe that have gained a foothold in fast-growth tech sectors. It brings to the fore startups that have faced unprecedented challenges in 2021 and emerged victorious by carving a niche for themselves, enabling digital transformation for their customers and attracting top talent.

“The startups in the 2021 Big50 Startup Report are challenging the status quo in a number of high-growth, high-tech markets, including AI, IoT, cloud, and more. Recent Big50 alumni have been acquired by market leaders, raised massive rounds of funding, and successfully executed IPOs. The startups in this year’s report are well-positioned to continue that growing tradition of successful exits,” said Jeff Vance, founder and Editor-in-Chief of Startup50.

 

Canvass AI making waves

Canvass AI is on a mission to empower industrial engineers to leverage the power of AI across their operations with its no-code AI platform. Canvass’ customers include Fortune 500 companies that span the food and beverage, chemicals, energy, metals and mining, oil and gas, pharmaceutical, and automotive sectors.

"This award is recognition of the Canvass team’s relentless ambition and energy to transform the industrial sector by putting the power of AI in the hands of industrial engineers, who will be critical to future-proofing the industry and meeting sustainability targets,” said Humera Malik, Chief Executive Officer, Canvass AI. 

TheBig50 companies were selected for demonstrating the depth in their team, product offering, funding, market positioning and more. You can check out the full 2021 Big50 Startup Report by signing up to the Startup50 newsletter here.