Fifteen Israel-based and Israeli-founded companies were among over 350 firms and organizations featured by US business magazine Fast Company’s on its “World’s Most Innovative Companies” for 2018 in its latest upcoming edition, released online late last week and available in newsstands on February 27.
Let’s have a quick glance on the awardees –
Here are the 15 Israeli companies on Fast Company’s round-up, starting with the 10 in the Israel category:
- Insightec, a Tirat Carmel-based medical technology company that recognized for revolutionizing surgeries for treating essential tremor, a nerve disorder characterized by uncontrollable shaking, with a non-invasive MRI-guided ultrasound technology.
- Utilis, a Rosh Haayin-based firm that uses satellite imagery to detect leaks and non-revenue-water in underground water pipes with algorithms. Fast Company says it chose Utilis for helping municipalities save billions of gallons of water.
- Gloat, a Tel Aviv-based company formerly known as Workey, was selected for its app that matches job seekers with employers, including big players such as WeWork, Oracle, and Dell.
- Flytrex, the Tel Aviv-based startup credited with developing the world’s first drone-based delivery network.
- Forter, which helps stop e-commerce fraud using a combination of AI and extensive research.
- Syte.ai, a Tel Aviv-based startup that combines object recognition, artificial intelligence, and machine learning to make images and videos become instantly shoppable.
- Zebra Medical Vision, a Tel Aviv-based company which developed technology that uses artificial intelligence to identify visual symptoms for different diseases through 11 algorithms by using thousands of medical scans that have already been diagnosed and labeled. It was recognized for making each of those algorithmic AI scans available for $1 each and providing those algorithms on Google Cloud to make them more accessible.
- Jerusalem-based company OurCrowd, the global equity crowdfunding platform led by CEO Jon Medved, was honored for “combing equity crowdfunding with recruiting.”
- Airobotics, a Petah Tikva-based company that has developed a fully automated pilotless industrial drone, was recognized for being a global leader and the first of its kind to develop a drone that doesn’t need human guidance.
- Tel Aviv-based Fiverr, the online marketplace for freelancers, was selected for partnering with other gig economy platforms to tackle access to affordable healthcare by creating a program called Tech United for Independent Access to Healthcare in collaboration with Stride Health. The initiative provides relevant, up-to-date information for freelancers on the Affordable Care Act and open enrollment.
These 5 companies on Fast Company’s list are either Israeli-owned or were Israeli-founded.
- Besides being recognized among the Top 50 innovative companies in the world, Waze was also recognized at the top of the Transportation sector subcategory. The social traffic and navigation platform collects input from users to provide warnings of auto accidents and other disturbances on the road.
- WeWork, the co-working space giant co-founded by Israeli entrepreneur Adam Neumann, was acknowledged in the Live Events category, coming in at number 4. The New York-based firm, now with over 170 locations in 19 countries, has grown rapidly since it was founded in 2009 and has taken on a number of initiatives including WeLive, for sharing living spaces, Rise by We, for wellness and fitness, WeGrow, for elementary education, the Creator Awards, for honoring companies and people making a difference, and offering its members favorable rates on services such as payroll and health insurance.
- Playsight Interactive, was in the 4th spot in the Sports category, honored for “pulling smart insights from high-tech playing fields to improve performance.” In 2017, the company placed 6th in the Sports category.
- ReWalk Robotics, founded in 2001 by Israeli inventor Dr. Amit Goffer, was selected for creating a commercial bionic walking assistance system, an exoskeleton, giving independence to those with spinal cord injuries. Users have the ability to stand, walk, and climb stairs.
- Houzz, the Israeli-founded interior design company recently valued at $4 billion, was recognized in the Augmented Reality/Virtual Reality category in the No. 2 spot for the site’s foray into AR by allowing users to see what furniture would look like in their homes with View My Room 3D, the app for Apple’s ARKit that features an array of more than half a million furnishings.