The AI-vengers: Top 20 Artificial Intelligence companies in Singapore!

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The advancement of AI or Artificial Intelligence has revolutionized the way we live and work. It has brought about numerous innovative solutions to perform mundane tasks, improve efficiency, and drive productivity. 

With the advent of ChatGPT and other AI/ML solutions, we are witnessing a new era of smart technologies that are transforming many industries and sectors, from healthcare to finance and transportation.

Want to be a part of these groundbreaking technologies? Here is a comprehensive list of AI companies you should consider in Singapore.

1. Active.Ai

Active.Ai is a Singapore-based Fintech start-up that provides conversational banking services to help banks and financial institutions transform their digital strategy. 

It uses an AI engine, Triniti, which incorporates advanced NLP, machine learning, NLU and NLG to enable customers to have meaningful engagements with natural dialogues over messaging, voice and IoT devices. 

The company is expanding into other verticals like insurance and securities trading and aims to become the AI SaaS platform of choice for Financial Services.

Image credits: Active.ai 

According to employee reviews on Glassdoor, Active.Ai has friendly colleagues, a great work culture, and all teams are easily approachable. However, some employees reported poor work-life balance, poor management, and no appraisals or bonuses.

2. ADVANCE.AI

ADVANCE.AI is an AI company based in Singapore that provides AI-driven risk management and digital lending solutions for enterprise clients in Southeast Asia, South Asia, and Mexico. The company is part of Advance Intelligence Group (also parent company of Atome), which is ranked No. 1 on LinkedIn’s 2021 Top Startups List in Singapore. 

Image credits: ADVANCE.AI 

On average, ADVANCE.AI is known to pay above market rate, with senior software engineers earning up to $120,000 in annual base salary.

ADVANCE.AI has a Glassdoor rating of 4.0, with employee reviews citing the attractions as good pay, nice colleagues, and a friendly tech team, but note issues with constant policy changes, reduced benefits, local management issues, a very Chinese culture, and delayed salaries.

Check out the roles that ADVANCE.AI are hiring for!

3. affable.ai

Affable.ai is developing an AI-powered platform for influencer marketing on social media, allowing brands to discover, engage, and measure influencers and their audiences. 

Image credits: affable.ai

The company has a Glassdoor rating of 4.7, with 95% of employees recommending working at Affable to a friend and 89% having a positive outlook for the business. Reviews have praised the flexibility and work culture:

4. AiChat

AiChat is an AI-powered conversational customer experience platform that helps brands automate customer service, marketing, and commerce via social messaging apps. They have a diverse team of experienced digital marketers and AI experts who work with trusted brands to develop messaging and AI strategies that improve customer experience and drive business ROI. 

Image credits: AiChat

AiChat has a Glassdoor rating of 3.6 and one of the praises by employees is the team being supportive.

However, there also seems to be a company restructuring in recent months.

5. Alethea AI

Alethea AI combines blockchain technology and generative AI to create intelligent NFTs.

The company's CharacterGPT enables users to create unique 3D avatars with personalities, voices, and physical traits that can be used as virtual assistants, digital twins, or licensed collectibles.

iNFTs are upgradeable, and owners can train their characters in specialized fields.

Image credits: Alethea AI

6. Bot MD

Bot MD is an A.I assistant for doctors that provides instant answers to clinical questions and has a mission to Empower Doctors worldwide. 

It's a Y Combinator backed startup that is rapidly growing and used by 1,000 doctors in 57 countries. 

Annual salary of senior software engineers at Bot MD can go as high as $132,000.

Image credits: Bot MD

In 2021, the healthtech company raised USD 5 million in a Series A round. The round was led by Monk's Hill Ventures, an early-stage startup VC firm in Southeast Asia. Other investors included SeaX Ventures, XA Network, SGInnovate, Yoh-Chie Lu, founder of Biosensors International Group, and entrepreneur Steve Blank.

7. Biofourmis 

Biofourmis is a digital health company that is developing software-based therapeutics to improve patient outcomes and provide cost-effective solutions for payers. Their personalized AI-powered health analytics platform, Biovitals, predicts clinical exacerbation in advance of a critical event. 

Image credits: Biofourmis

In 2022, the startup hit $1.3 billion in valuation with its Series D funding. With that, Biofourmis is hiring for senior product managers with an annual salary of up to $120,000.

On Glassdoor, Biofourmis has an employee rating of 4.2. Employee reviews indicate that the company has a good work culture with friendly management, but no bonus or stocks are provided.

8. CorgiAI

CorgiAI provides an end-to-end suite of fraud detection and prevention solutions that utilize AI technology. This suite includes an analytics product to monitor dispute and fraud metrics, an AI product to highlight suspicious transactions, and an AI solution to suggest rules for proactively reducing fraud and dispute rates on payment provider platforms like Stripe, Shopify, and Adyen

Image credits: CorgiAI

The company is part of the Spark Incubator program in Singapore, run by Huawei and the Infocomm Media Development Authority's (IMDA) PIXEL Innovation Hub, which will run from November 2022 to March 2023.

Founded in 2022 by Saif Farooqui (Ex-Stripe, Google, Facebook) and An He (ex-Stripe, Nielsen), CorgiAi is also one of the many companies backed by Y Combinator in the W23 batch.

9. Defog.ai

Defog is a language processing tool that enables users to search and visualize structured and unstructured data. Defog.ai is also part of Y Combinator’s W23 cohort.

Defog was founded by Medha Basu, who grew an enterprise content marketing firm from $0 to 7 figures in yearly revenue, and Rishabh Srivastava, a machine learning developer who previously bootstrapped data APIs co to 100M+ monthly end users.

Image credits: Defog.ai

10. Hypotenuse AI

Hypotenuse AI is an AI-powered platform that leverages artificial intelligence to generate written content, including advertising captions, product descriptions, and blog articles, streamlining the content ideation and creation process for businesses. 

Image credits: Hypotenuse AI

Hypotenuse was founded by Joshua Wong, formerly applied research scientist (machine learning) and software engineer at Amazon's AI team.

The company has slightly more than 12 employees and is supported by Y Combinator, a US tech accelerator. They have a physical office in Singapore and are accepting applications for full-time positions and internships.

The company culture is driven by their love for the product, data-driven decision-making, end-to-end ownership, and fast-moving and open communication. Find out more about their company culture and check out their data-driven culture here.

11. Musiio

Musiio by SoundCloud is an AI-based music company that helps solve problems in the music industry through their music search and automated tagging solutions for labels, publishers, streaming services and sync companies.

Image credits: Musiio

They have over 75 B2B clients in 11 countries and have analyzed over 400 million tracks.

Musiio was acquired by SoundCloud in 2022 and has won several awards including Entrepreneur of the Year in Music Week’s Women In Music Awards and Best Specialist AI-Powered Solutions Company in Acquisition International.

12. Nansen

Nansen is a Singapore-based startup that offers a blockchain financial analytics platform for crypto investors. 

The platform deploys AI algorithms to analyze petabytes of crypto trading data per day, enabling customers to make informed decisions and defend portfolios with real-time dashboards and alerts. 

Image credits: Nansen

The company's CEO, Alex Svanevik, believes that AI will significantly improve the user experience in cryptocurrency applications. The company uses powerful solutions such as BigQuery, Cloud Run, and Cloud Composer to provide real-time intelligence to level the crypto playing field. 

Founded in 2020, Nansen last received early stage funding of $75 million in a round led by venture capital firm Accel, with participation from Andreessen Horowitz and Tiger Global.

13. Nektar.ai

Nektar.ai is a company that develops an AI-powered platform to help businesses improve their revenue efficiency by capturing and unifying customer interaction data, discovering hidden revenue, and delivering timely insights to prevent revenue leakage. 

The company offers a purpose-built RevOps AI that can transform Salesforce into a self-healing CRM with zero adoption hassle.

Image credits: Nektar.ai

Nektar.ai secured a $6 million seed round from B Capital Group, 3One4 Capital, and Nexus Venture Partners in 2021, and has exited stealth mode in 2022.

Nektar.ai has a glassdoor rating of 4.6 and employees have praised their good work-life balance and amazing work culture with weekly funtime sessions. There are no cons to display at this time.

14. Saleswhale

Saleswhale uses AI to automate lead conversion for revenue teams, leading to higher revenue efficiency, productivity, and customer satisfaction. 

They were acquired by 6sense after raising US$200M.

Image credits: LinkedIn

A senior software engineer at Saleswhale can earn up to $156,000.

Saleswhale has a Glassdoor rating of 4.6, with employee reviews highlighting the CEO's transparency and passion, great colleagues, and caring management, with no reported cons. Overall, Saleswhale is a company that values both its employees and customers.

15. SHIELD 

AI-powered SHIELD is a risk intelligence company that helps organizations prevent fraud, build trust, and drive growth. They specialize in combining AI and machine learning to help online businesses stay ahead of new and unknown fraud. 

With a global presence and over a decade of expertise, they're rapidly achieving their mission to enable trust for the world.

Image credits: SHIELD

A senior software engineer at SHIELD can earn up to $144,000 per year!

SHIELD has a Glassdoor rating of 4.3, and employee reviews show that the company has a great culture and friendly colleagues. There are no cons to display at this time.

16. SixSense 

SixSense is a startup in the AI space, based in Singapore and India. Their no-code platform allows users to build, monitor and maintain deep learning models for computer vision applications. 

The platform is primarily used by manufacturing engineers to build AI models that can detect and classify defects in images, transitioning from manual labor or rule-based systems to a much more efficient and scalable AI-based technology.

Image credits: SixSense

Recently, SixSense secured Series A funding of $2.6 million, led by Tin Men Capital, a Singapore-based venture capital firm focused on business to business tech startups in South-East Asia. 

17. Tookitaki

Tookitaki is an AI-powered technology company that offers an Anti-Money Laundering Suite (AMLS) and an Anti-Financial Crime (AFC) Ecosystem for banks and fintechs in Asia. 

Their community-based approach addresses silos used by criminals to bypass traditional solutions, resulting in a sustainable AML program with holistic risk coverage and sharper detection. The platform is configurable, allowing it to be tailored to the specific needs of each financial institution.

Image credits: Tookitaki

A senior software engineer at Tookitaki earns about $144,000 per year.

Being one of the top fintech companies in Singapore, Tookitaki has a Glassdoor rating of 4.5. Employees have cited Tookitaki as an employer-friendly company with a great work-life balance. They have a strong and ambitious leadership team, and it is a great place to work if you want to learn and grow. 

However, some reviewers mentioned a fast-paced environment and the need to improve work-life balance schemes. 

18. ViSenze

Having raised a total of $34.5 million, ViSenze is an AI-powered search and recommendation platform used by major retailers such as Rakuten, ASOS, and John Lewis. 

The platform processes over a billion queries per month, empowering retailers to increase conversions and revenue growth. ViSenze provides visual search tools for online retailers, using automatic photo tagging and browsing history to help shoppers find or discover new products. 

Image credits: ViSenze

ViSenze’s senior software engineers can make up to $144,000 per year.

According to Glassdoor, ViSenze has received positive employee reviews for its friendly work environment, cutting-edge AI research, and opportunities to learn. However, some employees have mentioned challenging work-life balance and long working hours.

19. Workato

Workato is an enterprise automation platform that enables businesses to integrate their apps and automate workflows without compromising security and governance. They use AI and machine learning to create and implement automations faster than traditional platforms. 

Workato recently closed a Series E funding round of $200 million at a $5.7 billion valuation, with plans to invest in their platform and make acquisitions before potentially going public.

Image credits: Workato

Senior software engineers at Workato can earn a whopping $216,000 per year!

Employee reviews on Glassdoor rate Workato at 4.1 out of 5, with positive comments about work/life balance, flexible working hours, company culture, and good employee benefits. 

However, some reviewers mentioned that the fast-paced environment might not be suitable for everyone, and there can be some growing pains as with any startup.

20. Yuma.ai

Yuma is an AI-powered platform that automates customer support, specifically designed to assist large Shopify merchants with high volumes of support requests. The platform integrates seamlessly with existing help desk software and uses custom-built knowledge bases to suggest relevant and customized drafts to support agents. 

Yuma also employs LLMs to mimic brand writing styles, learn and replicate workflows without any configuration, and support multiple languages. 

Image credits: Yuma.ai

Launched in December 2022, Yuma has since been backed by Y Combinator. The founder, Guillaume Luccisano, was also previously the Co-Founder at Triplebyte (S15) & Socialcam (W12).

Fun fact: Guillaume originally released the platform as a prototype for fun and has since turned it into a successful startup.

How can I be part of the AI revolution?

In conclusion, with Singapore's position as a leading AI hub, the demand for skilled data scientists is set to skyrocket. 

By keeping up-to-date with the latest technologies and enrolling in relevant courses, you can position yourself for a fulfilling career in this exciting field. With so many opportunities available, there has never been a better time to pursue a career in data science and contribute to the advancement of AI technologies. 

So, what are you waiting for? Take the first step towards your dream career in data science today!

You can also check out our Tech Salary Report 2023 with Iterative!

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