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.
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.
08/20/24, 11:25 AM
Location
montrealMoney raised
$11.3 million
Industry
machine learning
artificial intelligence
biotechnology
software
analytics
Round Type
seed
Investors
Mike Volpi, Inovia Capital, Tola Capital
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.
Company Info
Location
montreal, quebec, canada
Additional Info
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.