Inventive AI Secures $4M in Funding to Transform RFP Workflows

Inventive AI, an AI-driven tool designed to optimize RFP (Request for Proposal) and sales questionnaire processes, has raised $4 million in seed funding. Led by Sierra Ventures, with participation from YCombinator, SOMA Capital, and General Catalyst, the investment aims to enhance RFP workflows via generative AI.

Founded by Dhiren Bhatia, Gaurav Nemade, and Vishakh Hegde, Inventive AI targets a substantial improvement in efficiency for businesses responding to RFPs. The platform automates content management, generates precise responses, and significantly improves workflow efficiency.

Mark Fernandes of Sierra Ventures highlighted the team's combined expertise in AI/ML and startup scaling as critical to addressing RFP challenges. The funding will be utilized to advance AI technologies, expand product offerings, and integrate with popular business tools.

Clients, including Spectro Cloud and Salt Edge, commend the platform for its automation, team collaboration, and compliance capabilities. Inventive AI promises to enhance productivity and user experience further with continued innovations.