Business Wire

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

21.11.2019 18:50:00 EET | Business Wire | Press release

Share

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 5th 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 39th 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.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Media Contact:
Lizanne McReelis
Boulevard Public Relations (for Daisy)
647-438-5414
lizanne@boulevardpr.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

SES Announces Annual General Meeting of Shareholders3.3.2026 18:42:00 EET | Press release

SES: Société Anonyme RCS Luxembourg B 81267 Notice is hereby given of the Annual General Meeting of SES, Société Anonyme, to be held at the Company’s registered office at Château de Betzdorf, L-6815 Betzdorf (the “Company”), Luxembourg, on Thursday 2 April 2026 at 10:30 a.m. CET AGENDA Attendance list, quorum and adoption of the agenda Nomination of a secretary and of two scrutineers Presentation by the Chairman of the Board of Directors of the 2025 activities report of the Board of Directors Presentation of the main developments during 2025 and of the outlook Presentation of the audit report Approval of annual financial statements, balance sheet and profit and loss account as of 31 December 2025 Approval of consolidated financial statements as of 31 December 2025 Allocation of 2025 profits and transfers between reserve accounts Discharge of the members of the Board of Directors Determination of the number of Directors Confirmation of the co-optation of Joseph Cohen and determination o

Phasecraft Joins DARPA’s Quantum Benchmarking Initiative3.3.2026 17:49:00 EET | Press release

Phasecraft, the world’s leading quantum algorithms company, today announced it has commenced work on the University of Maryland’s Applied Research Laboratory for Intelligence and Security’s (ARLIS) new contract to support the Defense Advanced Research Projects Agency’s (DARPA) ongoing Quantum Benchmarking Initiative (QBI). QBI’s goal is to assess if it is possible to achieve utility-scale quantum computing by 2033. Phasecraft joins the contract as a technical expert and will leverage its proprietary software and quantum algorithms to develop optimized estimates of resource requirements for quantum applications to inform the U.S. Government (USG) verification and validation efforts. Evaluating Progress Towards Quantum Utility While the cutting-edge quantum hardware selected for QBI inches closer to commercial utility, ultra-efficient quantum algorithms like those Phasecraft develops are required to unlock the full potential of any quantum hardware. The company’s hardware-agnostic algori

Xsolla SDK Now Available for Game Developers Globally3.3.2026 16:48:00 EET | Press release

Xsolla, a global video game commerce company that has helped developers launch, grow, and monetize their games, today announced the availability of Xsolla SDK, a unified, cross-platform software development kit that consolidates the company's PC, mobile, and web monetization tools into a single download. Launching at GDC Festival of Games 2026, the Xsolla SDK introduces built-in Payments, Login, Catalog, and Offerwall integration for developers, enabling them to configure their pricing and inventory once and deploy across every supported platform with no reconfiguration required. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260303075966/en/ Graphic: Xsolla Xsolla is building all the things to help developers monetize cross-platform with the industry’s best-in-class, battle-tested technical foundation built specifically for games. The Xsolla SDK is powered by two decades of building payment and monetization tools exclusivel

Andersen Consulting Broadens Platform with Reach Consulting3.3.2026 16:30:00 EET | Press release

Andersen Consulting expands its platform in the Middle East through a Collaboration Agreement with Reach Consulting, a digital transformation and advisory firm headquartered in the UAE. Reach Consulting supports organizations in driving growth, managing risk, and navigating complex change through a comprehensive suite of services, including digital transformation, strategy, internal audit, and M&A advisory. With a presence across the UAE, Saudi Arabia, Oman, Qatar, and Jordan, the firm serves public and private sector clients through tailored delivery, cross-functional expertise, and deep local insight. Reach Consulting combines scale with agility to advance operational performance and workforce innovation. “Transformation works best when local insight, cross-functional expertise, and practical execution come together,” said Suhail Shaker, managing director of Reach Consulting. “By collaborating with Andersen Consulting, we combine our regional presence with Andersen’s global platform,

ZAPI GROUP to Showcase New Electrification Solutions at ConExpo/AGG 20263.3.2026 16:03:00 EET | Press release

ZAPI GROUP, a global leader in electrification, will demonstrate new solution capabilities within industrial vehicle electrification at ConExpo/AGG, taking place (March 3-7) in Las Vegas. As electrified construction equipment evolves to include larger, more demanding applications, the group has developed new higher-powered on-board DC/DC converters, inverters, electrical motors, and battery chargers to support those performance requirements, while combining additional utility functions within a compact form-factor. Featured solutions include: For motive power applications, a third-generation high-voltage inverter (ACH3) with customizable control software for enhanced performance, and a permanent magnet, electrical motor solution (IMI), with an integrated, liquid-cooled power-electronic inverter. On the battery-charging front, there will be new high-voltage, high-powered 7.2 kW and 22 kW liquid-cooled on-board solutions designed for 100, 400 or 800V lithium-ion battery packs. The 7.2 kW

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye