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Daisy Wins AI Company of the Year at the Canadian FinTech & AI Awards

November 21, 2019 GMT

TORONTO--(BUSINESS WIRE)--Nov 21, 2019--

Daisy Intelligence was named AI Company of the Year at the prestigious Canadian FinTech & AI Awards. Daisy provides AI-powered solutions for the insurance and retail industries that deliver dramatically improved business results.

“With Canada regarded as one of the global leaders in artificial intelligence, this award is a major accomplishment for Daisy,” said Gary Saarenvirta, founder and CEO of Daisy. “It reflects the growing recognition of our unique technology, and it is a step towards our vision of becoming the world’s largest and most respected AI company.”

The Canadian FinTech & AI Awards recognize and celebrate Canadian innovation in financial technology and artificial intelligence. The awards were presented at the 5 th Annual Canadian FinTech & AI Awards gala hosted by the Digital Finance Institute, a think tank that covers the nexus between FinTech, financial innovation, AI, financial regulation, and financial inclusion.

“Daisy has established itself as one of the very few companies successfully applying AI technology to help insurance and retail companies generate higher sales and profits, improve efficiencies, and establish a competitive edge,” said Saarenvirta. “Daisy is about AI done right. We have a mission to empower people to focus on what they do best at work by using machine intelligence to do what machines do best.”

2019 has been a watershed year for Daisy. Deloitte Canada recognized Daisy as a Company-to-Watch in its Fast 50 program. Daisy was ranked as Canada’s 39 th fastest-growing company by the Globe & Mail’s Report on Business, and it closed $10 million in Series A funding from Framework Venture Partners and Sonae IM.

About Daisy Intelligence

Daisy is an AI-powered platform for retail and insurance solutions. Daisy uses reinforcement learning, a branch of AI, and its patent-pending Theory of Retail™ and Theory of Risk™ to be truly unique in the marketplace and on the cutting edge of the category management and risk management revolution.

Daisy’s platform, developed by a highly skilled team of 50+ computational scientists, mathematicians, and business domain experts, analyzes 100% of an organization’s transactions, executing billions of simulations daily to deliver optimized merchandise planning and risk management decisions for its clients. For more information, visit daisyintelligence.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191121005690/en/

CONTACT: Media Contact:

Lizanne McReelis

Boulevard Public Relations (for Daisy)

647-438-5414

lizanne@boulevardpr.com

KEYWORD: EUROPE NORTH AMERICA CANADA

INDUSTRY KEYWORD: RETAIL OTHER RETAIL TECHNOLOGY TELECOMMUNICATIONS SOFTWARE NETWORKS INTERNET

SOURCE: Daisy Intelligence

Copyright Business Wire 2019.

PUB: 11/21/2019 10:50 AM/DISC: 11/21/2019 10:50 AM

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