SparkBeyond Overview
SparkBeyond is developing a problem-solving platform designed to tackle the cognitive bottleneck and bias inherent in human thinking, augment data with a multitude of external data sources, and enable adaptive AI systems. The platform discovers complex patterns and identifies root causes and drivers of business outcomes. SparkBeyond harnesses humanity's collective intelligence to generate millions of ideas in minutes and empowers organizations with strategic and operational intelligence for maximum impact.
Cumulative Funding Raised Over Time ($)
$4.0MDec 2013
$15.0MOct 2015
$35.0MOct 2017
Latest News
NTT Group partners with SparkBeyond to deliver AI-powered solutions to global customer base
growth-positive
SparkBeyond Unveils No-Code AI Analytics Platform For Data Professionals
SparkBeyond has announced the next iteration of its AI analytics platform, SparkBeyond Discovery. The new platform allows data professionals to make better business decisions by leveraging AI-driven technology to discover novel insights and generate predictive models. It explores millions of hypotheses per minute based on internal and external data sources and explains its findings in natural language. The platform is already being used by prominent companies such as McKinsey, Baker McKenzie, Hitachi, PepsiCo, Santander, and ABInBev. The release aims to meet the growing demand for data skills across industries and is designed to be intuitive enough for analysts at medium-sized and smaller organizations to use. The core benefits of the platform include automated search for insights, easy integration of multiple data sources, real-world context augmentation, collaborative user interface, and no-code training, tuning, and evaluation of ML models.
CustomersPartners
growth-positive
SEB Partners with SparkBeyond to Explore New Technologies through its Innovation Studio SEBx
SEBx, a digital banking initiative from Swedish bank SEB, has partnered with AI-powered decision intelligence platform SparkBeyond. The partnership will allow SEBx to discover new insights about its customers using AI. SEBx combines the strength of SEB with the agility of a startup, exploring new technologies that can benefit SEB while researching new business opportunities and product offerings. SparkBeyond played a key role in enabling SEBxs first venture, UNQUO, a financial service for solo business owners.
Partners
growth-positive
Sparkbeyond Partners With Baker Mckenzie to Reimagine Legal Industry
SparkBeyond and Baker McKenzie announce a collaboration to apply SparkBeyonds AI technology to reimagine legal client services. Baker McKenzie will launch its global innovation arm, Reinvent, and use SparkBeyonds AI to predict client service needs and explore new paths for law firms. The partnership aims to transform the legal industry through AI and create additional value across legal, tax, and compliance functions.
Partners
growth-positive
IDIC SparkBeyond searches for Dutch organisations to deploy dynamic heatmaps predicting where COVID19 carriers are likely to pass
Artificial Intelligence company SparkBeyond has developed a dynamic heatmap that predicts places where a COVID-19 patient is likely to pass. The solution is designed to inform individuals, companies, and governments on areas to avoid, risk management, and resource deployment for disinfection and law enforcement. The company is seeking to partner with local data partners to translate its solutions into the Netherlands, EMEA, and beyond, as well as Dutch government authorities seeking tactical and operational intelligence to assess and mitigate COVID-19 related risk.
PartnersExpand
| Sector | Business Software |
Funding
| Total funding | $35M |
| Last funding | $20M |
| Stage | Mature |
| Rounds | 3 |
| Investors | 2 |
Team Members
2
Employees: 51-200
Web & Social Links
| Website | www.sparkbeyond.ai |
| Careers | Careers page |
Locations
HaMelacha 5, Netanya, Israel
270 Madison Avenue, NY, New York, United States
2 Eastbourne Terrace, London W2 6AA, UK
15 Beach Rd, Singapore 189677
162-168 Collins St, Melbourne VIC 3000, Australia
Photos & Videos
1 item(s)
SparkBeyond Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Business SoftwareIT, R&D & Data SolutionsData Analysis & Decision SupportIndustrial TechnologiesOperational Optimization SolutionsTarget Customer
Agriculture & FoodReal Estate & ConstructionCommerce & RetailIndustrial ManufacturingFinancial ServicesFinancial InstitutionsBanksHealthcare & Life SciencesHealthcareInsurance CompaniesCore Technology
Platforms & InterfacesWebSoftwareArtificial IntelligenceMachine LearningNatural Language ProcessingTags (36)
decision-makingmachine-learningpredictive-analyticssaasartificial-intelligencedeep-learningai-process-optimizationagtechearly-detectionbankstelecommunicationfarmersdata-sciencemediafinanceindustry-4.0logisticssearch-enginepredictive-maintenancehealthcare-providersretailersinsurance-companiessupply-chainmanufacturing-facilitiesagricultureoil-and-gas-companiesbig-data-analyticsnatural-language-processinginsurtechproptechlegaltechsalesreal-estateunderwritingdecision-supportcommercial-sitesGeographic Markets
GlobalUnited Arab EmiratesSparkBeyond Financials
$35M
Total funding
Undisclosed
Capital raised
$20M
Last funding
Mature
Funding stage
3
Total rounds
2
Investors
Cumulative Funding Raised Over Time ($)
$4.0MDec 2013
$15.0MOct 2015
$35.0MOct 2017
Private Equity Funding
B Round
Oct 2017
$20M
Aleph, Lord David Alliance
A Round
Oct 2015
$11M
Lord David Alliance
Seed
Dec 2013
$4M
Lord David Alliance
SparkBeyond Lifecycle
Cumulative Funding Raised Over Time
$4.0MDec 2013
$15.0MOct 2015
$35.0MOct 2017
All Events
B Round
Oct 2017
$20M
Aleph, Lord David Alliance
A Round
Oct 2015
$11M
Lord David Alliance
Seed
Dec 2013
$4M
Lord David Alliance
SparkBeyond News
12 articlesNTT Group partners with SparkBeyond to deliver AI-powered solutions to global customer base
growth-positive
SparkBeyond Unveils No-Code AI Analytics Platform For Data Professionals
SparkBeyond has announced the next iteration of its AI analytics platform, SparkBeyond Discovery. The new platform allows data professionals to make better business decisions by leveraging AI-driven technology to discover novel insights and generate predictive models. It explores millions of hypotheses per minute based on internal and external data sources and explains its findings in natural language. The platform is already being used by prominent companies such as McKinsey, Baker McKenzie, Hitachi, PepsiCo, Santander, and ABInBev. The release aims to meet the growing demand for data skills across industries and is designed to be intuitive enough for analysts at medium-sized and smaller organizations to use. The core benefits of the platform include automated search for insights, easy integration of multiple data sources, real-world context augmentation, collaborative user interface, and no-code training, tuning, and evaluation of ML models.
CustomersPartners
growth-positive
SEB Partners with SparkBeyond to Explore New Technologies through its Innovation Studio SEBx
SEBx, a digital banking initiative from Swedish bank SEB, has partnered with AI-powered decision intelligence platform SparkBeyond. The partnership will allow SEBx to discover new insights about its customers using AI. SEBx combines the strength of SEB with the agility of a startup, exploring new technologies that can benefit SEB while researching new business opportunities and product offerings. SparkBeyond played a key role in enabling SEBxs first venture, UNQUO, a financial service for solo business owners.
Partners
growth-positive
Sparkbeyond Partners With Baker Mckenzie to Reimagine Legal Industry
SparkBeyond and Baker McKenzie announce a collaboration to apply SparkBeyonds AI technology to reimagine legal client services. Baker McKenzie will launch its global innovation arm, Reinvent, and use SparkBeyonds AI to predict client service needs and explore new paths for law firms. The partnership aims to transform the legal industry through AI and create additional value across legal, tax, and compliance functions.
Partners
growth-positive
IDIC SparkBeyond searches for Dutch organisations to deploy dynamic heatmaps predicting where COVID19 carriers are likely to pass
Artificial Intelligence company SparkBeyond has developed a dynamic heatmap that predicts places where a COVID-19 patient is likely to pass. The solution is designed to inform individuals, companies, and governments on areas to avoid, risk management, and resource deployment for disinfection and law enforcement. The company is seeking to partner with local data partners to translate its solutions into the Netherlands, EMEA, and beyond, as well as Dutch government authorities seeking tactical and operational intelligence to assess and mitigate COVID-19 related risk.
PartnersExpand
growth-positive
SparkBeyond Says Its AI Can Autonomously Tackle Business Problems
Software startup SparkBeyond is aiming to advance the capabilities of artificial intelligence. The company wants AI to not only parse data for insights but also generate its own ideas. This could potentially be used to address questions such as where to locate a new store or when to change prices.
Investment
growth-positive
7 billion hypotheses later, SparkBeyond employs an alternative way of applying AI
Databricks acquires MosaicML and its generative AI for $1.3 billion.
Acquisition
growth-positive
SparkBeyond's AI solution smashes four million hypotheses per minute ZDNet
New York-based AI problem-solving platform SparkBeyond has announced that its platform can generate four million hypotheses per minute using its AI platform. The companys technology is powered by a library of open-source algorithms and has generated almost seven billion hypotheses to date, driving over $1 billion in impact for its clients. SparkBeyonds Problem Solving Platform allows organizations to gain operational intelligence and uncover new drivers never previously considered. The platforms AI-augmented problem-solving capabilities can accelerate breakthroughs and reveal key patterns within datasets in a fraction of the time it would take human operators.
Expand
growth-positive
https://www.jpost.com/Opinion/Hillels-Tech-Corner-575655
SparkBeyond, an artificial intelligence company, has created an Ideation Machine or a hypothesis algorithm to help businesses and organizations ask the right questions and solve complex problems. The company uses its technology to power offerings from some of the worlds most successful companies, including a leading global management consulting firm and Microsoft. It also uses its technology in areas such as advanced cancer research and fighting human trafficking. SparkBeyond takes the clients data, correlates or augments it with other external data sets, and uses it to solve the clients specific problem. The company has generated over $1 billion across 20+ industries with Fortune 500 and Global 1,000 companies.
CustomersInvestment
growth-positive
Cool Vendors in Data Science, 2016
The article discusses five innovative vendors that can help analytics leaders solve hard problems, automate, and scale advanced analytics. These vendors can address the shortage of data science talent in organizations. The article is published by Gartner, a trusted research firm.
Customers
N/A
The current state of machine intelligence 2.0
The article discusses the current state of the machine intelligence ecosystem and highlights areas of innovation. It mentions the emergence of autonomous systems in both the physical and virtual world, as well as the shift of startups towards solving specific business problems. The article also discusses the use of virtual agents and their potential impact on various industries. It mentions the transformation of business in regulatory grey areas and the strategies used by startups to enter these markets. The article also mentions the importance of speaking the language of solving a business problem for machine intelligence companies. It concludes by discussing the future of machine intelligence and the potential for more advancements and applications.
Expand
growth-positive
Oil, Gas, and Data
The article discusses how oil and gas companies are incorporating machine learning and predictive analytics into their operations. It highlights that the industry is in the early adoption phase and cautious about IT culture. The report also mentions the involvement of companies such as Hortonworks, SparkBeyond, and WellWiki in making a difference. The key topics covered include big data, machine learning, predictive analytics, digital oilfield, and IT culture. The article does not mention any specific customers, valuation amount, acquisition amount, investment amount, or layoffs. The date of the event described in the article is not provided.
CustomersPartners
SparkBeyond Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 55 |
| Team members | 3 |
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SparkBeyond Internal
Recent Updates
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 514975630 |
| Crunchbase | sparkbeyond |
| Last updater | Dana Arnon |
| Updater email | dana.arnon@mail.huji.ac.il |
| Last update | 2022-09-22T00:00:00.000Z |
| Created | 2014-12-31T00:00:00.000Z |
| Claimed | Yes |