Research Solutions

Henderson, United States Founded: 2006 • Age: 20 yrs
AI-powered solutions for scholarly content access and management are provided.
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About Research Solutions

Research Solutions is a company based in Henderson (United States) founded in 2006.. Research Solutions has raised $12.06 million across 13 funding rounds from investors including European Union. The company has 145 employees as of June 30, 2024. Research Solutions has completed 2 acquisitions, including Resolute AI and Scite. Research Solutions offers products and services including Article Galaxy, Scite AI, and References. Research Solutions operates in a competitive market with competitors including ProQuest, ResearchGate, Authorea, Gcore and Mendeley, among others.

  • Headquarter Henderson, United States
  • Employees 145 as on 30 Jun, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Research Solutions, Inc
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research
Key Metrics
  • Annual Revenue
    $44.62 M
    18.35
    as on Jun 30, 2024
  • Net Profit
    $-3.79 M
    -762.43
    as on Jun 30, 2024
  • EBITDA
    $88.12 K
    -47.95
    as on Jun 30, 2024
  • Total Equity Funding
    $12.06 M (USD)

    in 13 rounds

  • Latest Funding Round
    $59.01 K (USD), Grant

    Jul 07, 2021

  • Investors
  • Employee Count
    145

    as on Jun 30, 2024

  • Investments & Acquisitions
    Resolute AI

    & 1 more

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IPO & Listings of Research Solutions

Research Solutions is a publicly listed company on the NASDAQ with ticker symbol RSSS in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: RSSS . Sector: Commercial services · USA

Products & Services of Research Solutions

Research Solutions offers a comprehensive portfolio of products and services, including Article Galaxy, Scite AI, and References. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for on-demand scholarly article access and management

AI for evaluating citations and streamlining literature reviews

Tool to organize and collaborate on research libraries

People of Research Solutions
Headcount 50-200
Employee Profiles 28
Employee Profiles
People
Kyle Lutz
Accounting And Tax Compliance Lead
People
Brad Myers
Enterprise Sales Executive
People
Roy W. Olivier
Chief Executive Officer
People
Tony Landolt
Head Of Academic Business Development

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Funding Insights of Research Solutions

Research Solutions has successfully raised a total of $12.06M across 13 strategic funding rounds. The most recent funding activity was a Grant round of $59.01 thousand completed in July 2021. 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.

  • Total Funding
  • Total Rounds 13
  • Last Round Grant — $59,014
  • First Round

    (01 Jan 2007)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Grant - Research Solutions Valuation

investors

Feb, 2017 Amount Grant - Research Solutions Valuation

investors

Jun, 2016 Amount Post-IPO - Research Solutions Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Research Solutions

Research Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Research Solutions

Research Solutions has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Resolute AI and Scite. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Scientific papers and citations are analyzed via machine learning.
2018
AI-based search and analytics platform is offered for enterprises.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Research Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Research Solutions Comparisons

Employees
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Competitors of Research Solutions

Research Solutions 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 ProQuest, ResearchGate, Authorea, Gcore and Mendeley, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Research content is delivered via online platforms to libraries.
domain founded_year HQ Location
Online community for scientists
domain founded_year HQ Location
Collaborative platform for research and learning
domain founded_year HQ Location
Collaborative learning and resource sharing for researchers are facilitated.
domain founded_year HQ Location
Research management and collaboration are enabled via a web/mobile platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Research Solutions

Frequently Asked Questions about Research Solutions

When was Research Solutions founded?

Research Solutions was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Where is Research Solutions located?

Research Solutions is headquartered in Henderson, United States. It is registered at Henderson, Nevada, United States.

Is Research Solutions a funded company?

Research Solutions is a funded company, having raised a total of $12.06M across 13 funding rounds to date. The company's 1st funding round was a Post-IPO of $5.2M, raised on Jan 01, 2007.

How many employees does Research Solutions have?

As of Jun 30, 2024, the latest employee count at Research Solutions is 145.

What is the annual revenue of Research Solutions?

Annual revenue of Research Solutions is $44.62M as on Jun 30, 2024.

What does Research Solutions do?

Provider of AI-powered research solutions for scholarly content access and management. It offers a platform that integrates AI-driven search and discovery tools, enabling researchers to quickly locate relevant scholarly articles. The platform also provides tools for managing literature libraries, facilitating collaboration, and analyzing research trends. Services include on-demand article access, centralized literature management, and AI-assisted research evaluation. The company partners with publishers to provide access to a wide range of scholarly content. Its solutions are designed to streamline the research process for individuals and organizations across various sectors.

Who are the top competitors of Research Solutions?

Research Solutions's top competitors include ProQuest, ResearchGate and Gcore.

What products or services does Research Solutions offer?

Research Solutions offers Article Galaxy, Scite AI, and References.

Is Research Solutions publicly traded?

Yes, Research Solutions is publicly traded on NASDAQ under the ticker symbol RSSS.

How many acquisitions has Research Solutions made?

Research Solutions has made 2 acquisitions, including Resolute AI, and Scite.

Who are Research Solutions's investors?

Research Solutions has 1 investor. Key investors include European Union.

What is Research Solutions's ticker symbol?

The ticker symbol of Research Solutions is RSSS on NASDAQ.

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