Reliant AI, a pioneering artificial intelligence (AI) company, has come out of stealth mode, unveiling its advanced data analytics software and securing $11.3 million in Seed funding. The funding round was co-led by Tola Capital and Inovia Capital, with participation from angel investor Mike Volpi.

Tackling Data Drudgery in Research and Academia 

Reliant AI was founded by a team of leading Natural Language Processing (NLP) and Reinforcement Learning experts, including Karl Moritz Hermann, Marc Bellemare, and Richard Schlegel, who have previously held positions at renowned organizations such as DeepMind, Google Brain, and EY Parthenon. The company's mission is to leverage the power of generative AI to streamline repetitive tasks and accelerate decision-making in data-intensive industries, particularly the life sciences.

Reliant Tabular: An AI-Powered Workbench 

Reliant AI's flagship product, Reliant Tabular, is an AI-powered workbench designed to assist life science analysts in their research. The platform automates systematic reviews, asset scans, and comprehensive analyses, allowing researchers to focus on solving complex issues rather than wrangling data.

Addressing the Biopharma Industry's Information Needs 

According to the company, the biopharma industry has a significant and underserved information need, and Reliant AI's technology aims to address this challenge. By blending cutting-edge research with domain expertise, Reliant AI has developed software that can significantly reduce the time and effort required for data-intensive tasks, enabling users to complete a day's worth of work in just 30 seconds.

Expanding Footprint and Talent Acquisition

The new funding will allow Reliant AI to expand its engineering team and further invest in its technology, with plans to strengthen its presence in Europe and North America. The company's co-founders bring a wealth of experience from leading AI research groups, which is expected to drive continued innovation and advancements in the application of generative AI to data-intensive industries.

Reliant AI's emergence from stealth mode with a significant Seed funding round underscores the growing demand for AI-powered solutions that can streamline data-driven processes and unlock new possibilities in research and academia. By leveraging its expertise in NLP and Reinforcement Learning, the company aims to revolutionize the way life science professionals approach their work, ultimately accelerating scientific progress and bringing about a better world.