Iterate.ai

Iterate.ai is a software company that specializes in AI applications and open innovation. The company's primary offering is a marketplace platform that connects large enterprises with startups to foster innovation and solve business challenges. Iterate.ai's platform enables enterprises to document their problems and find appropriate solutions from startups, while startups gain visibility and credibility. The company's technology includes an extensive search tool, data collections for statistical analysis, auto-curation features, and landscape diagrams based on technology or market segments. As of September 2017, Iterate.ai's platform had 700+ enterprises using it for startup discovery and market research, with over 33,550 enterprise challenges posted and 125,000 startup registrations.

In addition to its marketplace platform, Iterate.ai has developed an AI-based weapons detection system for school security. This system can recognize various weapons, including handguns, semi-automatic weapons, and knives, using a database of 60,000 images. The technology is designed to integrate with existing surveillance cameras and automatically send notifications upon detecting potential threats. Iterate.ai offers this system as a free, open-source solution to address the issue of gun violence in schools.

Iterate.ai also provides two AI-centric solutions. The first is an AI-curated database platform called Signals (formerly known as Curate), which tracks over 16 million startups and enterprises to help organizations find specific technology matches. The second is Interplay, a low-code AI platform introduced in 2017 that facilitates the integration of legacy and emerging technologies, enabling enterprise developers to deliver applications up to 17 times faster.

Key customers and partnerships

Iterate.ai's global partner base includes several dozen large companies in the beauty, media, accessories and apparel, DIY, and footwear categories, representing USD 600 billion in revenue as of September 2017. The company serves industries such as automotive, retail, convenience, banking, and insurance. Iterate.ai has also expanded its reach to educational institutions by offering its AI security system to schools for free, aiming to combat the rising concern of school shootings.