The Canadian AI Index

Companies / Reliant AI

Reliant AI

Reliant AI is a health and biotech AI company based in Montréal, Quebec. It raised a US$11.3M seed round in August 2024 led by Inovia Capital and Tola Capital. It was acquired by Cohere in May 2026.

Agentic AI research workbench for biopharma.

reliant.ai

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Founded
2023
HQ
Montréal, QC
Category
Health/Bio AI
Status
Acquired by Cohere
Disclosed raised
US$11.3M

Funding history

RoundDateAmountInvestors
SeedAug 20, 2024 US$11.3MInovia Capital and Tola Capital (co-leads); Mike Volpi. US$11.3M (C$15.4M) seed announced Aug 20 2024 at launch from stealth (CNW); co-led by Inovia Capital and Tola Capital with angel Mike Volpi; total raised US$13.5M including a fall 2023 round with Amit Agarwal and Yoshua Bengio

Founders

Sources

Data as of November 10, 2026.

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