Sierra Ventures: Our Early-Stage Investment in Inventive AI

Sierra Ventures: Our Early-Stage Investment in Inventive AI

Written by

Mark Fernandes

Published on

August 28, 2024

Transforming the RFP Workflows

 

The Request for Proposal (RFP) process is essential but often labor-intensive and inefficient.

Dhiren Bhatia, CEO of Inventive AI, encountered these challenges firsthand at his previous startup, Viewics, which he sold to Roche. His experiences inspired the creation of Inventive AI, a platform designed to streamline RFP workflows using AI. Inventive AI’s co-founders include AI experts Gaurav Nemade, a former Product Manager at Google Brain’s Project LaMDA, and Vishakh Hegde, a Stanford AI researcher.  Both have a deep understanding of the technical challenges in solving these problems and the ability to deliver results with incredible accuracy, enabling them to stand out from the competition.

Inventive AI automates the drafting and management work traditionally required in the RFP and security questionnaire process. The platform significantly reduces manual effort and ensures consistent and accurate responses by quickly generating initial drafts from a company’s existing knowledge base.

We believe Inventive AI has an opportunity to redefine how businesses handle this important business process. We are impressed by the strong early response from customers and are excited to support the team on their journey.

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