About Resolute AI
Resolute AI is a company based in New York (United States) founded in 2015 was acquired by Research Solutions in July 2023.. Resolute AI has raised $7.14 million across 3 funding rounds from investors including Research Solutions and Revolution. Resolute AI offers products and services including Article Galaxy, Scite AI, and References. Resolute AI operates in a competitive market with competitors including Primer, Eigen Technologies, Nanonets, Adarga and Squirro, among others.
- Headquarter New York, United States
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Resolute Innovation, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.14 M (USD)
in 3 rounds
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Latest Funding Round
$1.58 M (USD), Series A
Apr 14, 2021
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Investors
Research Solutions
& 1 more
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Employee Count
Employee Count
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Acquired by
Research Solutions
(Jul 31, 2023)
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Products & Services of Resolute AI
Resolute AI 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.
Provides on-demand access to scholarly articles and content
Offers AI assistant for literature reviews and insights
Enables organization and sharing of research libraries
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Funding Insights of Resolute AI
Resolute AI has successfully raised a total of $7.14M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $1.58 million completed in April 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 Funding
- Total Rounds 3
- Last Round Series A — $1.6M
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First Round
First Round
(18 Sep 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series A - Resolute AI | Valuation |
investors |
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| Jul, 2019 | Amount | Series A - Resolute AI | Valuation |
investors |
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| Sep, 2017 | Amount | Series A - Resolute AI | Valuation | Revolution |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Resolute AI
Resolute AI has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Research Solutions and Revolution. 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.
| Investor | Description | Founded Year | Domain | Location |
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Revolution is recognized as a D.C.-based investment firm.
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Founded Year | Domain | Location | |
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AI-powered solutions for scholarly content access and management are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Resolute AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Resolute AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Resolute Ai Comparisons
Competitors of Resolute AI
Resolute 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 Primer, Eigen Technologies, Nanonets, Adarga and Squirro, 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 |
AI based text summarization and contextualization software tool
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| domain | founded_year | HQ Location |
AI solutions for data extraction from documents are provided.
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| domain | founded_year | HQ Location |
AI-powered platform for document processing and workflow automation is offered.
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| domain | founded_year | HQ Location |
Adarga is engaged in providing AI-driven intelligence solutions.
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| domain | founded_year | HQ Location |
Cloud-based contextual intelligence and insights solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based text analytics and semantic search platform is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Resolute Ai
Frequently Asked Questions about Resolute AI
When was Resolute AI founded?
Resolute AI was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Resolute AI located?
Resolute AI is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Resolute AI a funded company?
Resolute AI is a funded company, having raised a total of $7.14M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4.56M, raised on Sep 18, 2017.
What does Resolute AI do?
Founded in 2015 and based in New York, United States, Resolute AI operates in the AI sector, providing a platform for enterprise data search and analytics. Structured and unstructured data from multiple sources are collected and integrated via ETL methods. Deep learning technologies are used to build models, while visualizations deliver actionable business insights. Clients served include PepsiCo, Takeda, Walker, Huawei, and Syngenta.
Who are the top competitors of Resolute AI?
Resolute AI's top competitors include Primer, Eigen Technologies and Vectara.
What products or services does Resolute AI offer?
Resolute AI offers Article Galaxy, Scite AI, and References.
Who are Resolute AI's investors?
Resolute AI has 2 investors. Key investors include Research Solutions, and Revolution.