Rohirrim, a Reston, VA-based technology company specializing in domain-aware generative AI for enterprises, has raised $15 million in a Series A funding round.
SaaS Investors
The investment was led by Insight Partners, with participation from existing investor General Purpose Venture Capital.
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of June 30, 2023, the firm has over $80B in regulatory assets under management. Insight Partners has invested in more than 800 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto.
Rohirrim Use of Funds
The funding will be used to build the team and enhance the platform's capabilities.
About Rohirrim
Rohirrim is a B2B SaaS business developing generative artificial intelligence products for enterprise customers. Rohirrim’s custom-developed platform, Rohan, offers the first domain-aware generative AI purpose-built for the enterprise and focused on delivering outcomes. It enables company teams to unlock value from proprietary data by securely ingesting and organizing information found in presentations, spreadsheets, proposals, whitepapers, and emails. The platform securely assimilates domain-specific data to construct meaningful responses to Requests for Proposals (RFPs), saving time and resources for enterprises.
Funding Details
Company: Rohirrim, Inc.
Raised: $15.0M
Round: Series A
Funding Month: December 2023
Lead Investors: Insight Partners
Additional Investors: General Purpose Venture Capital
Company Website: https://rohirrim.ai/
Software Category: Domain Aware Generative AI
Source: https://www.businesswire.com/news/home/20231204833161/en/