Inventive AI
YC S23San Francisco, US · Founded 2023 · 15 employees · 4 known investors
Inventive AI provides software that automates RFP response generation for sales teams using AI agents trained on a company's existing documentation and knowledge systems. The platform integrates with CRMs and collaboration tools to enable faster, consistent proposal creation and improve win rates.
Also known as Inventiv AI
AI & Machine LearningEnterprise SoftwareSaaSSales TechArtificial IntelligenceGenerative AIB2BSalesUnited States of AmericaAmerica / CanadaPartly Remote
Founders & leadership· Y Combinator alumni (S23)
Inventive AI was founded in 2023 by Dhiren Bhatia, Vishakh Hegde, and Gaurav Nemade.
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Dhiren BhatiainCo-Founder & CEOHe previously founded Viewics, a SaaS analytics platform for healthcare systems and clinical laboratories, which was acquired by Roche. He holds an MBA from UC Berkeley, a master's degree from Texas A&M University, and a bachelor's degree from the University of Mumbai.
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Vishakh Hegdein𝕏Co-Founder and CTOVishakh Hegde led machine learning work at Ambient AI and holds an undergraduate degree from IIT Madras and graduate studies in machine learning and AI from Stanford. He has published research papers in machine learning and authored a book on deep learning.
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Gaurav NemadeinCo-Founder & Chief Product OfficerGaurav Nemade was a Product Manager at Google AI and Google Brain, where he worked on LaMDA and related language model initiatives. He holds a degree in Computer Science from IIT Roorkee.
Investors · 4
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Funding
SEC filings, press & company announcements$8M disclosed across 2 of 3 rounds · 2024
- Undisclosed amountSeedSep 2024
Sierra Ventures (lead), General Catalyst, SOMA Capital, Y Combinator
Source ↗ - $4MSeed FundingAug 2024 · 2 sourcesSource ↗
- $4MraisedAug 2024 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 9
by search overlap
Responsive891 shared keywordsResponsive builds an AI-powered Strategic Response Management (SRM) platform that helps organizations respond to RFPs, RFXs, security questionnaires, and other inquiries. Originally launched as RFPIO, it serves nearly 2,000 customers, including over 20 percent of the Fortune 500.
Sifthub561 shared keywordsSiftHub is an AI platform for sales, presales/SE, and bid & proposal teams that automates RFPs, security questionnaires, deal briefs, and sales collateral using a retrieval-augmented generation pipeline grounded in a company's approved content. It provides enterprise search, source citations, and governance controls to produce accurate, customer-facing responses across the deal cycle.
Arphie496 shared keywordsArphie provides an AI engine that helps security and GRC teams complete SIG, CAIQ, vendor assessments, and custom security questionnaires, drawing answers from a company's policies, controls, and audit evidence. It connects to sources like SharePoint, Confluence, and Google Drive, and supports collaboration, answer sourcing, and data governance for enterprise security and compliance workflows.
Loopio368 shared keywordsLoopio offers AI-powered response software that automates and manages due diligence questionnaires (DDQs), RFPs, and security questionnaires with centralized content libraries, audit trails, and approval workflows. It serves investor relations, compliance, and legal teams at investment firms and fund managers responding to institutional investor due diligence.
Iris336 shared keywordsIris is an AI RFP tool that generates sourced, first-draft responses to RFPs, RFQs, RFIs, security questionnaires, and DDQs from a company's knowledge base, with source citations, confidence scores, and project management features. It is aimed at sales and proposal teams to reduce response times and improve win rates.
Deep313 shared keywordsDeepStream provides eRFx and source-to-contract software for procurement teams, focusing on usability and phased adoption. The company serves clients across 56 countries in the procurement technology space.
PandaDoc259 shared keywordsPandaDoc is a document management platform for creating, managing, tracking, and eSigning business documents such as proposals and agreements, with support for signature and payment workflows. It targets teams that handle sales and business documents and integrates with other business tools.
Upland254 shared keywordsUpland Software provides cloud-based enterprise software for business operations, including marketing and audience engagement tools such as sweepstakes and contest promotion platforms used by media and broadcast companies. Its products serve enterprise teams across functions like marketing, sales, and customer engagement.
Procore249 shared keywordsAll-in-one construction management software platform
Companies competing with Inventive AI for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Inventive AI do?
- Inventive AI provides software that automates RFP response generation for sales teams using AI agents trained on a company's existing documentation and knowledge systems. The platform integrates with CRMs and collaboration tools to enable faster, consistent proposal creation and improve win rates.
- Who founded Inventive AI?
- Inventive AI was founded by Dhiren Bhatia, Vishakh Hegde, Gaurav Nemade in 2023.
- Who are Inventive AI's investors?
- Inventive AI's investors include Sierra Ventures, Y Combinator, General Catalyst, Soma Capital.
- How much funding has Inventive AI raised?
- Inventive AI has disclosed $8M raised across 2 of its 3 known rounds.
- Where is Inventive AI headquartered?
- Inventive AI is headquartered in San Francisco, US.