Rezolve AI raises $200 million in oversubscribed private placement

Rezolve Ai (NASDAQ: RZLV) announced the completion of a $200 million private placement from institutional investors who participated in previous funding rounds. The company described the financing as oversubscribed.

The AI commerce solutions provider said the funds will support sales organization expansion, potential acquisitions, working capital, and development of its Brain Commerce platform. A.G.P./Alliance Global Partners served as lead agent with H.C. Wainwright & Co. as co-lead agent.

"This $200 million financing is another landmark for Rezolve," said Daniel M. Wagner, founder, chairman and CEO. "With this new capital, we have the firepower to accelerate growth, expand our sales footprint in the United States and internationally, pursue strategic acquisitions."

Rezolve was recently added to the Russell 2000 and 3000 indices, driving institutional ownership above 10%. The company reports investors include Citadel, BlackRock, Vanguard, State Street, Northern Trust, and Man Group.

The company recently launched Visual Search technology and appointed Crispin Lowery, former Microsoft Retail & Consumer Goods lead for EMEA and Google executive, as senior vice president of growth. Rezolve also announced a partnership with Tether to integrate its Brain Checkout wallet with a U.S.-compliant digital asset.

Rezolve develops AI-powered commerce solutions and maintains partnerships with Microsoft, Google and Tether. The company targets what it describes as the $30 trillion global retail market and expects to exceed $100 million in annual recurring revenue this year.

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