Rezolve.ai raises $11mn in Series A led by SIG Venture Capital
Rezolve.ai, a category redefining next-generation AI-powered employee service SaaS platform, has raised around $11 million in a Series A round led by SIG Venture Capital with participation from Exfinity Venture Partners. Existing investors 9Unicorns and Tri Valley Ventures also participated in the round.
The company has plans to use the funds to scale growth and further advance capabilities of the platform to deliver industry’s most advanced employee service experience.
Manish Sharma, Chief Revenue Officer at Rezolve.ai, said “Employee support and enablement is undergoing a dramatic transformation, with a new set of market leaders set to emerge in a year or two. With the current round of investment and our uber innovative product, we are poised to establish dominance in the employee support and enablement market”.
“We don’t want people to track tickets, we want to resolve their support needs - instantly and automatically without human support intervention,” said Udaya Bhaskar Reddy, CTO and Co-Founder.
“We invested in Rezolve.ai to leverage rapid improvements in AI capability that allow incumbent support platforms to transition from being just a process workstream to an intelligent intermediation layer that reduces human involvement,” said Bhavanipratap Rana, Investment Adviser, SIG Venture Capital.
Headquartered in San Ramon, California, Rezolve.ai was founded in 2017 by Saurabh Kumar, Manish Sharma and Udaya Reddy.