Reliant AI Secures $11.3M to Advance Gen AI-Driven Analytics for the Life Sciences

MONTREAL and BERLIN, Aug. 21, 2024 — Reliant AI, a provider of gen AI-powered data analytics software, has announced its launch out of stealth with $11.3 million in seed funding.

Reliant AI was created by leading Natural Language Processing and Reinforcement Learning scientists and researchers Karl Moritz Hermann, Marc Bellemare and Richard Schlegel who led teams at DeepMind, Google Brain and EY Parthenon. They’re passionate about how generative AI can solve information challenges to reduce repetitive mental labor and accelerate decision making for enterprises. The company is initially targeting the biopharma industry and will use the new funding to hire engineering talent to expand its technology investment and footprints in Europe and North America.

“Information and data are a critically overlooked part of making the life sciences progress to bring about a better world. The sheer amount of menial labor involved in data-intensive industries today means that many highly skilled professionals are focused on wrangling data, rather than solving complex issues. We created an AI system that understands the life sciences to radically grow its capacity to perform research at scale,” said Karl Moritz Hermann, CEO and Co-Founder of Reliant AI.

Reliant AI’s first product, Reliant Tabular, is an AI workbench that is attracting significant interest across key business segments in the biopharma industry. The product helps life science analysts find scientific evidence for their decisions through automated systematic reviews, asset scans, comprehensive analyses, and a customizable data platform – with Reliant AI, anything can be queried.

Features of Reliant Tabular include:

• Proprietary ML models optimized to be experts in biopharma topics
• Comprehensive approach to fact-finding – maximizing recall so that nothing gets missed
• User interface that makes it quick and easy to reconcile generated results with ground truth evidence
• Answers in a report-ready format so that teams can collaborate on analyses

“Reliant AI has significantly increased my efficiency by rapidly parsing relevant data, allowing me to focus on deeper analysis and faster turnaround times. This technology promises to revolutionize how early commercial assessments are conducted,” said Miguel Silva, Strategy Director at OMass Therapeutics.

To learn more or obtain a demo, visit https://www.reliant.ai.

About Reliant AI

Reliant AI is a provider of genAI-powered data analytics software that accelerates secondary research in biopharma. With Reliant AI, anything can be queried. The company was created by Karl Moritz Hermann, Marc Bellemare and Richard Schlegel, renowned scientists and researchers who previously led teams at DeepMind, Google Brain and EY Parthenon. Reliant AI has offices in Berlin, Germany and Montreal, Canada and has raised USD $13.5M in total funding from investors including Tola Capital, Inovia Capital, Mike Volpi, Amit Agarwal, and AI pioneer Yoshua Bengio.

Source: Reliant AI