The corporate mentioned its revenues trebled in 2021 and it signed many new shoppers in December 2021 in comparison with the entire of 2020. It additionally retained all its shoppers final 12 months regardless of sporadic workplace re-openings amid two pandemic waves.
“We’re seeing an accelerating shift within the buyer’s preferences from a legacy agent targeted ticketing system to a contemporary worker enablement stack. Rezolve.ai has essentially the most superior product for this new world and increasingly more prospects are experiencing it day-after-day,” mentioned Saurabh Kumar, CEO at Rezolve.ai
The corporate, based in 2017 by three Indian Institute of Administration, Bangalore (IIMB) alumni – Saurabh Kumar, Manish Sharma and Udaya Reddy– competes with gamers corresponding to Moveworks, Aisera, and Leena.ai in offering automated worker service and enablement platform. Headquartered in California, Rezolve.ai has places of work in Chennai and Dehradun in India and Toronto in Canada. Nonetheless, its main market is the US and Canada.
The corporate doubled its group final calendar 12 months throughout the three areas – the US, Canada and India – and witnessed 15 occasions development in web site visitors highlighting the spiking curiosity within the area.
After the latest Omicron wave, many corporations are planning to function in a hybrid setting and really feel the necessity to enhance and bolster worker assist. The corporate expects a good sooner development subsequent 12 months as will probably be specializing in this want with a share concentrate on mid-segment and enterprise corporations.
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“As a pacesetter within the Microsoft Groups area Rezolve.ai is well-positioned to energy the following technology of worker expertise for thousands and thousands of workers internationally,” mentioned Manish Sharma, COO at Rezolve.ai.
The corporate addresses the issue of ineffective worker assist contained in the group. Within the US alone, service desk automation is a $3 billion market and is estimated to increase within the enterprise section to change into a $10 billion market by 2025.
The agency can be aggressively seeking to double down its growth plans in India and Europe, for which it plans to boost its subsequent spherical of funding by second quarter of the 12 months. Thus far, it has raised two rounds of funding – Seed and Pre-A – from Tri-Valley Ventures, Enterprise Catalyst, Pentathlon VC, 9Unicorns, SLO Seed, Sand Hill Angels.