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Reliant AI raised $11.3M in seed funding co-led by Tola Capital and Inovia Capital to expand its AI-driven software in the biopharma industry.

RECENTLY ACQUIREDAug 20, 2024

Amount Raised

$11.3 Million

Round Type

Seed

MontrealBiotechnologySoftwareArtificial IntelligenceAnalyticsMachine Learning

Investors

Mike VolpiInovia CapitalTola Capital

Description

Reliant AI launched out of stealth with $11.3 million in seed funding, targeting the biopharma industry with its first product, Reliant Tabular. The new capital will be used to hire engineering talent and expand its technology investment in Europe and North America.

Quick answer

Reliant AI raised $11.3 Million in a Seed round, dated August 20, 2024. Investors: Mike Volpi, Inovia Capital and Tola Capital. Reliant AI is based in Montreal, Quebec, Canada.

How much did Reliant AI raise?
Reliant AI raised $11.3 Million in a Seed round on August 20, 2024.
Who invested in Reliant AI?
Mike Volpi, Inovia Capital and Tola Capital are named as investors in this round.
What does Reliant AI do?
Reliant AI is a provider of generative AI-powered data analytics software that focuses on the biopharma industry.
Where is Reliant AI based and how big is it?
Reliant AI is based in Montreal, Quebec, Canada.
Who are the decision-makers at Reliant AI?
Fundz holds 1 contact at Reliant AI. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Reliant AI

Location

Montreal, Quebec, Canada

About

Reliant AI is a provider of generative AI-powered data analytics software that focuses on the biopharma industry. Founded by leading researchers from renowned institutions, the company aims to enhance research capabilities by automating data-intensive tasks. Their first product, Reliant Tabular, significantly reduces the time required for data analysis and decision making. With a commitment to solving complex information challenges, Reliant AI is poised to transform how life sciences professionals operate.

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Reliant AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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