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Natural Language Processing Tools

Using AI to mimic and understand human language

Overview

Natural Language Processing (NLP) refers to the ability of computers to understand human language in spoken and written formats.

Earlier approaches to NLP were used mainly for machine translation applications and involved a rules-based approach that defined what words and phrases to look for in a text. Instead of hand-written rules, technologies such as AI and deep learning are approaching NLP by ingesting and analyzing large amounts of data and attempting to identify the user's intent to make accurate interpretations.

AI-based NLP solutions today are being used to analyze and proofread documents, automatically transcribe audio and video content, understand sentiment from text, cognitively search data based on user intent, and engage in real-term conversations, especially in the area of customer service.

Note: Currently, we do not actively cover this industry, but we have identified it as a potential industry to add to our coverage.

More details

Market Mapping


Incumbents
Growth
Early
Seed
Pre-Seed
Document Analysis
?
Transcription
?
Sentiment Analysis
?
Cognitive Search
?
Conversational AI and Customer Service Automation
?
Automated Translation
?
Plagiarism and Proofreading
?
Intelligence
Intelligence
Intelligence
Intelligence
Intelligence
Intelligence
Intelligence
Google
Amazon
IBM
Microsoft
Reddit
Everlaw
Ocrolus
Accern
Kyndi
natif.ai
Evy Solutions
SummarizeBot
NeuralMind
Tagdox
Shabash
Gemina Israel
Lore Ai
Google
IBM
Microsoft
AppTek
DeepScribe
Reduct
Sealed.ai
Awaken Intelligence
Read AI
NeuralSpace
InMoment
RapidMiner
Wonderflow
Rose
MonkeyLearn
Pyoneer.io
Repustate
Awaken Intelligence
Nexocode
Read AI
Google
Amazon
IBM
Microsoft
Upland BlueVenn
Coveo
Lucidworks
Elastic
Avaamo
Sinequa
Kyndi
Squirro
SoloSegment
SearchUnify
Noonean Inc
ZOEBot.ai
HireVue
Take Blip
Woebot Health
Suki
Yalo
Cognigy
Acquire
Artficial Solutions
Inbenta
GYANT
ServiceAide
Parloa
MonkeyLearn
Keatext
SentiSum
Awaken Intelligence
Xenioo
Nexocode
Aircover
Simply Speak
Google
Amazon
IBM
Microsoft
SYSTRAN
Babylon
Lionbridge
AppTek
Unbabel
DeepL
TranslateFX
Awaken Intelligence
NeuralSpace
Grammarly
Plagramme
Unicheck
PlagScan
Wordvice.ai Proofreader

The Disruptors


Document Analysis

?

Disruptors

?
Funding in USD Millions
Everlaw
299
Ocrolus
127
Accern
35
Kyndi
29
Watchlist
?
natif.ai
Evy Solutions
SummarizeBot
NeuralMind
Tagdox
Shabash
Gemina Israel
Lore Ai

Transcription

?

Disruptors

?
Funding in USD Millions
DeepScribe
37
Read AI
10
Watchlist
?
Reduct
NeuralSpace
Sealed.ai
Awaken Intelligence

Sentiment Analysis

?

Disruptors

?
Funding in USD Millions
RapidMiner
37
Wonderflow
24
Read AI
10
Watchlist
?
Rose
MonkeyLearn
Awaken Intelligence
Pyoneer.io
Repustate
Nexocode

Cognitive Search

?

Disruptors

?
Funding in USD Millions
Coveo
339
Lucidworks
209
Elastic
162
Avaamo
31
Kyndi
29
Sinequa
28
Squirro
16
Watchlist
?
SoloSegment
SearchUnify
Noonean Inc

Conversational AI and Customer Service Automation

?

Disruptors

?
Funding in USD Millions
Take Blip
170
Woebot Health
123
Suki
95
Yalo
73
Cognigy
69
Acquire
57
Artficial Solutions
41
Inbenta
23
GYANT
23
ServiceAide
12
Watchlist
?
Parloa
MonkeyLearn
Keatext
Aircover
Simply Speak
SentiSum
Awaken Intelligence
Nexocode
Xenioo

Automated Translation

?

Disruptors

?
Funding in USD Millions
Unbabel
91
Watchlist
?
NeuralSpace
TranslateFX
Awaken Intelligence
DeepL

Plagiarism and Proofreading

?

Disruptors

?
Funding in USD Millions
Grammarly
400
Unicheck
Unknown
Watchlist
?
Plagramme
PlagScan
Wordvice.ai Proofreader

Everlaw

Everlaw is a legal technology company that provides a platform for document analysis to law firms, government, and corporations. It is a cloud-based litigation platform for corporate counsels, litigators, and government attorneys that enables teams to discover, reveal, and act on information to drive internal investigations and positively impact the outcome of the litigation. The company combines speed, security, and ease-of-use into a comprehensive solution that unlocks the collaborative power of teams and allows them to investigate issues more thoroughly, uncover a truth more quickly, and present their findings more clearly. It was established in 2010 and is headquartered in Oakland, California.

Segment:
Document Analysis
Total funding:
USD 298.6 million
Disruptor Funding History

Document Analysis:

Everlaw
Ocrolus
Accern
Kyndi
natif.ai
Evy Solutions
SummarizeBot

Transcription:

DeepScribe
Read AI
Reduct
NeuralSpace

Sentiment Analysis:

RapidMiner
Wonderflow
Read AI
Rose
MonkeyLearn

Notable Investors


No investor data is available

Funding data are powered by Crunchbase
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