Alumni Ventures Portfolio Companies in the 2021 Forbes AI 50
These companies were selected from among 400+ applications by Forbes’ data partners and a panel of AI experts.

Earlier this week, Forbes released their third annual AI 50, a list of private, promising North American companies that are using artificial intelligence in ways that are fundamental to their operations.
These companies were selected from among 400+ applications by Forbes’ data partners and a panel of AI experts.
Did you see some familiar names in this year’s cohort? Here’s a bit more about the Alumni Ventures portfolio companies that made the list.
Based in San Francisco, Canvas is innovating in the construction industry by creating high-quality tools for workers while matching the building demand of future decades. The company is addressing a significant portion of the $1.3 trillion construction industry market by leveraging advancements in collaborative robotics and machine learning to build a new class of tools for the drywall finishing space.
[READ MORE] Canvas: Robots for Better Building
FarmWise provides farmers with an eco-friendly means to grow organic crops at scale and meet increasing global food demand. The company is developing autonomous robots that perform a variety of farming functions, using machine learning models, computer vision, and high-precision mechanical tools. FarmWise’s first product, the Titan FT35 autonomous weeder, has been deployed in California and Arizona to support a variety of crops including leafy greens, cauliflower, and broccoli.
[READ MORE] FarmWise: Sustainable Farming Powered by Robots
Founded in 2017, Gatik AI, is helping retailers adapt to the new distribution environment through the use of autonomous vehicles (AV). The company’s 11-foot refrigerated box trucks avoid challenges that impact other self-driving cars by choosing shorter and more efficient routes. Gatik’s test vehicle has already logged 70,000 autonomous miles at a Walmart location in Bentonville, Arkansas, while being monitored by a safety driver.
[READ MORE] Gatik AI: Delivery Without the Driver
Verge Genomics uses machine learning and human genomics to accelerate drug discovery. Their platform employs computational genomics and neuroscience to create breakthrough drugs for neurogenerative disease.
AI Fund 3 Open Through August 31
Our AI Fund will invest in a diversified portfolio of ~20-30 companies applying AI, machine learning, big data, and related technologies. The fund will be invested over ~12-18 months with a large reserve (~20-25%) for follow-on opportunities. AI Fund 2 was oversubscribed, and we had to establish a waitlist to accommodate interest. Click below to review fund materials or connect with a Senior Partner to learn more.
Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.