Top Performing Portfolios: AI-Powered Companies

With a combined $200 billion+ AUM, Tiger Global, General Atlantic and Insight Partners are three of the biggest Private Equity and Growth Equity firms in the world.

These firms have invested in more than 2000 companies out of which about 400 have gone on to become unicorns.

In recent years, investors have focused on artificial intelligence (AI) as a key growth sector. In 2024, global AI funding reached $290 billion and AI emerged as the top-funded industry in Q2 2024. $24 billion was invested in this sector from April to June despite a broader decline in global investment during the year.

So, we decided to find the funds’ fastest growing portfolio AI powered companies and provide other metrics to give you an insight into these companies.

Insight Partners:

Prophecy.io: Offers a data transformation copilot platform for building and managing cloud data pipelines. Utilizes AI to accelerate analytics projects across various industries.

Evinced: Provides AI-enabled digital accessibility software for web and mobile applications. Automatically detects accessibility issues, integrating directly into development pipelines.

ComplianceQuest: Offers AI-powered cloud platform for product lifecycle, quality, and safety management. Streamlines processes and mitigates risks across various industries.

Tiger Global:

SenseTime: AI software company specializing in computer vision and machine learning. Provides AI solutions for various industries, integrating AI into areas like facial recognition, autonomous driving, and smart city applications.

Cohere: Enterprise AI company focused on developing advanced natural language processing models. Offers secure, customizable AI solutions for businesses, integrating AI into text analysis and generation tasks.

Scale AI: Data annotation and labeling platform for AI model development. Helps businesses integrate AI by providing high-quality training data and tools for model evaluation and optimization.

Groq: Designs high-performance chips for AI and machine learning. Develops specialized hardware to integrate and accelerate AI processing in various applications.

Databricks: Unified data analytics platform combining data engineering, science, and AI. Integrates AI capabilities into large-scale data processing and analysis for businesses across industries.

General Atlantic:

o9 Solutions: Provides an AI-powered integrated business planning platform called "Digital Brain." Helps enterprises improve supply chain, commercial, and finance planning through advanced AI and machine learning capabilities.

Genpact: Global professional services firm offering digital transformation and business process management. Integrates AI, analytics, and cloud technologies across various business functions to improve operational efficiency.

PyxisPM: Offers an AI-powered marketing cloud platform with codeless AI infrastructure. Provides AI-driven optimization and automated campaign management tools to enhance marketing efforts for enterprises.

Alkami Technology: Delivers cloud-based digital banking solutions for financial institutions. Integrates AI to enhance customer engagement through features like mobile banking and personal financial management tools.

Incode Technologies: Specializes in AI-powered digital identity verification and authentication solutions. Utilizes biometrics and advanced AI for secure customer onboarding and access across various industries.

Let’s take a look at which portfolio has been growing the fastest.

For this, we calculated the average of the top 10 fastest headcount growing companies in each portfolio and here’s what we found:

We’ve seen the companies in which they invested in, but what about the founders of these companies?

Investors continue to love founders from the most prestigious universities. 

Out of ≈200 founders, 7% have studied at Stanford. About 18% of these founders are alumnus of the top 10 universities in the United States. 

Where have these founders worked before starting their own companies?

You guessed it - in the biggest and best tech companies.

It’s interesting to note that 19% of founders have previously worked in the Big 5 tech companies.

Attending prestigious universities and gaining experience at leading companies seems to show investors that you've got the skills and talent to make it big.

The analysis of the AI portfolios of Tiger Global, General Atlantic, and Insight Partners reveals several key insights:

1. AI integration is prevalent across various sectors, from cybersecurity and data management to marketing and financial services.

2. Founder backgrounds play a significant role in attracting investment, with many coming from prestigious universities and having experience at leading tech companies.

3. Despite recent market fluctuations, AI continues to be a major focus for these growth equity firms, indicating the future trend of investments.

About the data

The data seen above is from Crustdata - the most accurate realtime LinkedIn data source for growth and private equity investors. It indexes billions of public data points on companies every week to provide an edge over the private market.