# Reliant AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/reliant-ai

- Industry: Software
- Headquarters: Montreal, Canada
- Website: www.reliant.ai/
- Total disclosed funding: $11M
- Latest round: Seed (Aug 20, 2024)
- Investors on record: 2

## About

Based in Montreal, Canada, and founded in 2023 by Karl Hermann Ph.D. (CEO), Marc Bellemare, and Richard Schlegel, Reliant AI, Inc. operates as a provider of generative AI platforms that simplify data-intensive research processes for life sciences and pharmaceutical enterprises. In August 2024, Reliant AI, Inc. raised USD 11.3 million in seed funding co-led by Tola Capital and Inovia Capital.

The company provides a generative AI platform that offers data analytics solutions to biopharma companies. The platform's services include automated systematic reviews, asset scans, and customizable data workbench. Moreover, the firm offers solutions such as proprietary machine learning models optimized for biopharma topics, comprehensive fact-finding tools, and report-ready formats for collaborative analyses. Additionally, the company also provides services such as AI-based insight generation and data reconciliation.

The company plans to use its proceeds from August 2024 funding to expand its footprints into Europe and North America.

## Funding rounds

- Seed, Aug 20, 2024, $11M — Inovia Capital, Tola Capital

## Investors

- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Seed
- Tola Capital (https://capitalatlas.ai/funds/tola-capital) — Seed