18. causaLens

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Founders: Darko Matovski and Maksim Sipos
Founded: 2017
Website: www.causalens.com

A Startups 100 debutant in position 18, causaLens is a machine learning business that aims to predict the global economy in real-time.

Founded by Darko Matovski and Maksim Sipos, the London-based startup offers an AI solution that provides clients with valuable insights to help optimise business outcomes. In short, causaLens helps businesses to make predictions that enable them to make the right decisions, at the right time.

In the past decades, there have been huge developments in the world of machine learning with remarkable achievements for some types of data. However, there has been far less progress when it comes to time-series data, which is essential in finance and business. Most models are curve-based, making predictions based on past events; causaLens has introduced causality, which helps machines to understand cause and effect in real-time.

causaLens believes that a new theory is required to build intelligent machines. Machines need to be able to understand cause and effect to correctly predict the future, not just what has happened in the past.

Since joining the market causaLens has unlocked billions in value for its clients, working with some of the largest US hedge fund companies, as well as some of the biggest European banks. You don’t need a machine to tell you that this startup has already shaken things up, and more is to come.

Bryn Glover has been Editor of Startups.co.uk since 2017. Running the site's content strategy, Bryn spends a lot of time speaking to entrepreneurs and preparing for Startups' annual editorial campaigns.

Having worked in journalism for just under a decade, Bryn wrote for sites like The Times, Reader's Digest, Independent and Times Higher Education before moving into the small business world.

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