Reliant AI

Montreal, Canada Founded: 2023 • Age: 3 yrs
GenAI-powered analytics software is provided for biopharma secondary research.
Annual revenue - Latest available
Total funding $11.3M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Reliant AI

Reliant AI is a company based in Montreal (Canada) founded in 2023 by Richard Schlegel and Karl Moritz Hermann. Reliant AI has raised $11.3 million across 1 funding round from investors including Tola Capital, Inovia Capital and Mike Volpi. Reliant AI offers products and services including Reliant Tabular. Reliant AI operates in a competitive market with competitors including Komodo Health, Clarify, Elucidata, Panalgo and IDBS, among others.

  • Headquarter Montreal, Canada
  • Founders Richard Schlegel, Karl Moritz Hermann
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Reliant Ai Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $11.3 M (USD)

    in 1 rounds

  • Latest Funding Round
    $11.3 M (USD), Seed

    Aug 20, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of Reliant AI

Reliant AI offers a comprehensive portfolio of products and services, including Reliant Tabular.

Product name locked
Category locked
Primary

Tool for data manipulation and verification in life sciences research

Funding Insights of Reliant AI

Reliant AI has successfully raised a total of $11.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $11.3 million completed in August 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Reliant AI

Reliant AI has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Tola Capital, Inovia Capital and Mike Volpi.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Early & Growth stage Tech-focused venture capital firm funding companies in the US, Canada & Europe
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Investments are made in early-stage technology companies by Inovia Capital.
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Mike Volpi

Partner at Index Ventures, active angel investor, ex-Cisco executive
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Investor details for Reliant AI

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Investments & Acquisitions by Reliant AI

Investments
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Investment portfolio details for Reliant AI

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Financial Statements - Reliant AI

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Detailed financials for Reliant AI

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Reliant Ai Comparisons

Reliant AI Primary company
Description
GenAI-powered analytics software is provided for biopharma s...
Location
Montreal, Canada
Founded Year
2023
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Reliant AI

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Competitors of Reliant AI

Reliant AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Komodo Health, Clarify, Elucidata, Panalgo and IDBS, among others.

Company Name Domain Founded year HQ Location Description
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Data-driven insights are delivered to healthcare via AI platforms.
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Marketing and business consulting services are provided by Clarify.
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Elucidata is focused on AI-powered biomedical data solutions for drug discovery and precision medicine.
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Provider of healthcare analytics software for clinics
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Data management is provided for research teams' screening experiments.
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Detailed competitors of Reliant AI

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Latest news on Reliant Ai

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Complete news archive for Reliant AI

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Frequently Asked Questions about Reliant AI

Reliant AI was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Reliant AI is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Karl Moritz Hermann is the current CEO of Reliant AI. They have also founded this company.

Reliant AI is a funded company, having raised a total of $11.3M across 1 funding round to date.

Reliant AI was founded in 2023 in Montreal, Canada, as a provider of generative AI-driven data analytics software focused on biopharma. The sector involves secondary research acceleration through its flagship product, Reliant Tabular, by which scientific evidence is identified for decision-making and data processing time is reduced. Public and private databases are searched, drugs and trials are segmented, and findings are supported via linked answers.

Reliant AI's top competitors include Komodo Health, Elucidata and Panalgo.

Reliant AI offers Reliant Tabular.

Reliant AI has 3 investors. Key investors include Tola Capital, Inovia Capital, and Mike Volpi.

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