Rohirrim, a top AI automation platform for RFPs, recently received strategic investments from Bessemer Venture Partners and IBM Ventures. These investments will support Rohirrim’s goal of improving companies’ RFP response strategies. The RohanRFP platform uses data and proprietary generative AI technology to help organizations create complex documents quickly. Since securing a Series A funding round in 2023, Rohirrim has experienced rapid growth, with a 400% increase in customer numbers last year. One client mentioned a significant reduction in research time, from six days to six hours, using RohanRFP. The company was also selected to participate in the Microsoft Pegasus program, gaining additional support to drive sales and growth. Cybersecurity expert Mike Papay and former Microsoft CFO Dave O’Hara have joined Rohirrim’s advisory board and board of directors, respectively.
By generating RFP drafts rapidly, RohanRFP allows proposal teams to focus on storytelling and persuasion, enhancing the competitiveness of their responses. It can also help organizations grow by cutting costs and increasing RFP submissions. IBM Ventures, an early adopter of RohanRFP, recognized its potential and decided to invest in the company. Bessemer Venture Partners also sees Rohirrim as a market leader in RFP automation for businesses dealing with complex proposal creation processes and emphasizing data security. IBM Ventures believes Rohirrim’s AI-native platform can create efficiencies in proposal writing while prioritizing data security.
CEO and Founder of Rohirrim, Steven Aberle, emphasizes the platform’s ability to transform work processes and boost client win rates, volume, and revenue growth. Aia Sarycheva from Bessemer Partner Ventures praises Rohirrim’s technology for its potential to drive significant business growth. Tom Whiteaker from IBM Ventures highlights Rohirrim’s unique position as an AI-native platform that leverages generative AI for efficient content creation while safeguarding organizations’ data. Overall, the investments from Bessemer Venture Partners and IBM Ventures will further propel Rohirrim’s mission of revolutionizing work processes and delivering value to clients through innovative AI technology.
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