“Daisy Intelligence secures $5 Million Funding from Espresso Capital”

“Daisy Intelligence secures $5 Million Funding from Espresso Capital”

Daisy Intelligence Corporation, an artificial intelligence software-as-a-service platform, captured first place at the ElevateR Pitch: AI Edition event held in Toronto on Tuesday Sept 25, 2018 The pitch competition was open to Canadian corporations working in AI or an adjacent industry with less than $10 million in revenue or funding. Selected from an overwhelming volume of submissions, 16 finalists pitched onstage to a panel of investors, celebrities, and media personalities for an opportunity to win $1,000,000 in funding from Espresso Capital. The stakes were raised considerably when it was announced that instead of the $1,000,000 funding, the winner would be receiving a $5 million investment from Espresso Capital. The winner of the funding was Daisy Intelligence. “This event was a fantastic experience and a stellar showcase of Canada’s technology startup community, and as a Toronto-based A.I. startup, it’s thrilling to be recognized as one of Canada’s most promising A.I. companies,” said Gary Saarenvirta, Founder & CEO of Daisy Intelligence. “We look forward to putting the investment to work in achieving Daisy’s vision, which is to use math and science to better people’s lives and help companies make better business decisions.” The funding will support talent acquisition and marketing efforts and fuel Daisy Intelligence’s already strong growth in the very active grocery segment and expansion into the wider retail category, as well as supporting the company’s footprint in the insurance industry. “The Daisy team are leveraging AI to provide truly unique and disruptive solutions, and their strong momentum demonstrates the tremendous and highly measurable value they are delivering to their customers,” said Espresso Capital Managing Director Will Hutchins. “This round...
“Daisy won the AIconics Awards for ‘Best AI Start-Up’ at the World’s Foremost AI Business Conference”

“Daisy won the AIconics Awards for ‘Best AI Start-Up’ at the World’s Foremost AI Business Conference”

As the CEO and Founder, it’s a real honor for me to be able to announce that Daisy Intelligence was recognized on September 18th as the “Best AI Start-Up” at the 2018 AIconics awards in downtown San Francisco at the iconic ‘The Palace Hotel’. The Alconics is the world’s only independently-judged awards celebrating Artificial Intelligence for Business. The Best AI Start-up award focuses on the company and business itself, as well as the technology. The panel of 11 judges from leading venture capital firms, academia, and enterprise end-users evaluates the complexity of the solution as well as how it is represented in terms of ease-of-use for the end-use, the service’s position as a global market innovator, and they look at the unique implementation features. Last but not the least, they evaluate what sort of provable ROI the solution offers for their user base. One of the really gratifying aspects of this huge win is the impressive credentials of this year’s judges. Daisy Intelligence’ solutions were evaluated by people like Dr. Steve Chien, Head of AI, NASA, Nick Jennings, Vice Provost, Imperial College London, Jens Jørgen Madsen, Denmark’s “Tech Ambassador,” and Dr. Paul Pang, Professor of Computer Science at New Zealand’s Unitec Institute of Technology. Edward Beecham, AIconics Awards Curator said: “With over 300 entries from around the world, the 3rd Annual Edition of The AIconics reflect the strength and progress of a rapidly expanding and evolving sector. Artificial Intelligence is now beginning to dominate conversations in the technology sphere, with businesses increasingly aware of the immense potential that AI brings.” For detailed information and photos, please visit “AIconics Awards...