Tech Company Financing Transactions

Reliant AI Funding Round

iNovia Capital, Tola Capital and private investors participated in a $11.3 million Seed funding round for Reliant AI. The round was recorded on 8/20/2024.

Transaction Overview

Company Name
Announced On
8/20/2024
Transaction Type
Venture Equity
Amount
$11,300,000
Round
Seed
Investors

iNovia Capital (Lead Investor)

Tola Capital (Lead Investor)

private investors (Mike Volpi)

Proceeds Purpose
The company intends to use the funds to hire engineering talent to expand its technology investment and presence in Europe and North America.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
4388 St-Denis 200
Montreal QC, H2J 2L1
Canada
Phone
Undisclosed
Email Address
Overview
We are a global team, driven by a shared mission: leveraging the power of AI to improve the ability of others to excel at their work. Our team of world-leading AI researchers, software engineers and life sciences experts is pushing the state of the art in ML & AI in pursuit of this goal every day.
Profile
Reliant AI LinkedIn Company Profile
Social Media
Reliant AI Company Twitter Account
Company News
Reliant AI News
Facebook
Reliant AI on Facebook
YouTube
Reliant AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Karl Hermann
  Karl Hermann LinkedIn Profile  Karl Hermann Twitter Account  Karl Hermann News  Karl Hermann on Facebook
Chief Scientific Officer
Marc Bellemare
  Marc Bellemare LinkedIn Profile  Marc Bellemare Twitter Account  Marc Bellemare News  Marc Bellemare on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/20/2024: Talus Bioscience venture capital transaction
Next: 8/20/2024: Bookbot venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary