Estonia is now one of the advanced digital societies in Europe. Initially, it was in 2007 when Estonia became the first country to let citizens cast their vote online during the general elections. This is a milestone in the country’s process to become fully digitised. Following this move, the country let applicants to register themselves under the e-residency program.
Besides these, it is also possible to register a startup easily in Estonia and grow the business globally. This process can be done in a matter of a few minutes resulting in many startups specialising across industries.
As it is focused on digital development, the intention of the government and entrepreneurs in the country is to develop and promote the use of Artificial Intelligence. Having said that, here we list the promising Estonian Artificial Intelligence startups focused to serve humans as sourced from Dealroom.
Veriff (Tallinn)
Founders: Kaarel Kotkas, Janer Gorohhov
Funding: €7.1 million
Founded year: 2015
Why its hot: Veriff is an online identity verification startup that lets innovative solutions to businesses. Notably, this startup has developed a technique to verify the identity of people by analysing videos. The Tallinn-based online identity verification startup combines all possible ID technologies such as social ID, device ID, facial recognition, and optical character recognition to authenticate if a person is who he or she claims to be based on the data provided.
Cleveron (Viljandi)
Founders: Arno Kutt, Indrek Oolup
Funding: €2.3 million
Founded year: 2007
Why its hot: Cleveron is one of the leading companies in the world involved in creating robotic parcel solutions that enable last-mile click and collect automation. The company has developed both the hardware and software required to provide support and maintenance to clients across the world. Cleveron 402 is touted to be the world’s biggest robotic parcel delivery solution. The mission of this Estonia-based startup is to save time and money of clients and provide improved convenience and user experience.
Yanu (Tallinn)
Founders: Alan Adojaan, Kristjan Sild
Funding: €1.7 million
Founded year: 2016
Why its hot: Robolab is a service robotics company based in Estonia founded by design, entertainment, and robotics professionals. Its first product is Yanu, which is an autonomous bartending robot that brings about change in the busy global venues. Yanu operates effectively by selling more and faster than human bartenders. Also, it is safe and efficient to use, can accept payments, and easy to maintain as well. It is possible for users to order drinks using a mobile app or via the interactive screen and get their orders via the integrated robotic arm.
RAISON (Tallinn)
Founded year: 2017
Why its hot: RAISON is a unique platform to manage personal finance and investments using digital assets. This way, the company makes financial management, which is intriguing and time-consuming quite simple and easy. The RAISON platform invests in products associated with blockchain technology to let users analyse their financial state and pay for purchases with virtual cards. The startup uses AI algorithms to achieve its goal.
Teamscope (Tallinn)
Founders: Alo Arro, Lauri Ilison, Tõnis Arro
Funding: €970k
Founded year: 2015
Why its hot: Teamscope is a job recruitment platform, which uses big data analytics and machine learning to find the best candidates after understanding the requirements of the team. As per the company, nearly 60% of executives face a tough challenge in hiring the right candidates and 30% of the fresh hires do not perform as expected in their first year. This is where Teamscope comes to help as its AI-powered linguistic analytics to analyse the core values of the team culture and critical competencies of the team.
Feelingstream (Tallinn)
Founders: Terje Ennomäe, Lauri Ilison
Funding: €410k
Founded year: 2015
Why its hot: Feelingstream builds tools that use Artificial Intelligence and Advanced Text Analytics to improve the overall customer experience. The startup helps companies automate their processes and move towards digitisation at a faster rate. With Feelingstream, automation replaces manual work, get precise results, access customer feedback in real-time, etc. The company uses Artificial Intelligence to automate both the text handling and analysis processes.
MeetFrank (Tallinn)
Founders: Anton Narusberg, Kaarel Holm
Funding: €2.5 million
Founded year: 2017
Why its hot: MeetFrank is an anonymous HR recruiting app, which has already served over 250,000 active users. This recruiting app is used by over 5000 companies to attract new employees. Several major companies such as High Mobility, Delivery Hero, Eon, Daimler, etc. use the MeetFrank app in its latest market Germany. Potential employees who sign up via the app anonymously will get relevant job postings depending on their career aspirations and qualifications.
Hala (Tallinn)
Founders: Andrii Rudchuk
Funding: €170k
Founded year: 2017
Why its hot: Hala automates processes at enterprises running Oracle, SAP, and Microsoft Dynamics, the largest enterprise management systems that exist right now. The system uses a chatbot, which understands and executes commands in natural language, retrieves and visualises data, and configures and modifies parts of the enterprise software. Hala analyses existing processes and searches for new areas to automate processes such as password resets, permission requests, credit limit checks, etc.
Robotex (Tallinn)
Founders: Ave Laas
Founded year: 2001
Why its hot: Robotex is a global robotics education network, which focuses on robotics, startup training, and education. When it comes to robotics, the startup specialises in both Artificial Intelligence and drones. It hosts Robotex International, which is an annual event and one of the biggest robotics festivals in the world in Estonia.
Haut.AI (Tallinn)
Founded year: 2018
Why its hot: Haut.AI is an Estonian startup, which develops AI algorithms for recognition of skin pathologies. It is based on the algorithms of computer vision and machine learning. The company intends to bring easy-to-access AI skin diagnostics to every household and aspires to be a leader in the industry of personalised skincare and anti-ageing solutions.
Main image picture credits: Veriff
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