People.ai Moves Up to #51 on YC Top Companies 2019 List
Y Combinator Recognizes the Only Revenue Intelligence System in Market for Momentum in Delivering the Future of Work
People.ai, creators of the only Revenue Intelligence System powered by Artificial Intelligence (AI), was ranked as #51 out of 100 companies, up from #89 in 2018, on Y Combinator’s Top Companies List, recognizing the company’s growth and innovative contributions in enterprise AI within the technology industry.
This list was created by Y Combinator to help people get to know some of the fastest-growing companies in the YC community. This list is determined by valuation, the most commonly available metric to compare companies in the startup world. It was compiled by first looking at public valuations of companies on PitchBook, and then asking each company on the top 100 for a more up to date non-public valuation. To date, YC says it has backed more than 4,000 founders, who have created more than 2,000 companies that together are worth more than $100 billion. Among the top 100 companies who made the list last year, it says 93 were valued at more than $100 million and had between them created more than 28,000 jobs.
People.ai is automating manual processes to allow people to spend more time applying their creativity, resourcefulness and critical thinking to activities that matter most in their professional life. Using these insights, the Artificial Intelligence (AI) has the power to augment professionals and make them more effective. The team continues to be hyper-focused on accelerating revenue for enterprise companies.
“We are developing a deep understanding of the professional world, mapping people, companies, and the information that flows between in the world’s largest business activity and identity graph, fed by massive amounts of realtime human activity data,” said Oleg Rogynskyy, CEO, co-founder and alum of YC Summer 16 batch. “Our team is energized by our new ranking as we continue to execute on our vision for the Future of Work.”
“We saw the potential in People.ai’s game-changing technology when we led their Series C. We’re thrilled by this continued recognition from Y Combinator that comes as People.ai continues to deliver the Future of Work,” said Will Griffith, Partner at ICONIQ Capital.