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Rohirrim raises strategic investments led by Bessemer Venture Partners and IBM Ventures to streamline RFP AI automation.

Jul 10, 2024over 1 year ago

Round Type

series a

RestonNatural Language ProcessingMachine LearningEnterprise SoftwareArtificial IntelligenceInformation TechnologySoftware

Investors

Ibm VenturesBessemer Venture Partners

Description

Rohirrim, the leading Request for Proposal (RFP) AI automation platform, announced strategic investments from Bessemer Venture Partners and IBM Ventures to further fuel the company's mission to help businesses grow by streamlining and strengthening their RFP response strategy.

Company Information

Company

Rohirrim

Location

Reston, Virginia, United States

About

Rohirrim’s custom-developed platform, Rohan, offers the first domain-aware generative AI purpose built for the enterprise and focused on delivering outcomes. It enables company teams to unlock value from proprietary data by securely ingesting and organizing information found in presentations, spreadsheets, proposals, whitepapers, and emails. Rohirrim is not just a technological breakthrough; it's an ode to every enterprise striving for efficiency, every team member burdened with the mammoth task of creating technically and knowledge-dense content in your company’s voice, and every leader envisioning a seamless integration of AI without sacrificing the uniqueness of their domain.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers