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Rezolve Ai Strengthens AI Commerce Play with $55M Acquisition of GroupBy, a Platform Driving Over $30B in Annual Sales - Rezolve AI (NASDAQ:RZLV)
All GroupBy shareholders, Including VCs and debt holders, take Rezolve Ai equity as consideration in strong vote of confidence GroupBy's AI-powered search and merchandising technology fuels $30B+ in annual retail transactions - now supercharged by Rezolve Ai's advanced AI capabilities The
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Rezolve Ai to Acquire GroupBy Strengthening Market Leadership in Commerce Site Search and Digital Engagement - Rezolve AI (NASDAQ:RZLV)
NEW YORK, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai RZLV, a global leader in AI-driven commerce solutions, today announced that it has entered into a purchase agreement to acquire GroupBy Inc. (www.groupbyinc.com), a leader in enterprise-grade site search, product discovery, and merchandising
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Rezolve Ai to acquire GroupBy (NASDAQ:RZLV)
Rezolve Ai (NASDAQ: RZLV) has entered into a purchase agreement to acquire GroupBy. GroupBy focuses on enterprise-grade site search, product discovery, and merchandising solutions. RZLV shares rise 4.8% premarket on Thursday. Source: Press release More on Rezolve AI Limited Rezolve AI: An Early
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Rezolve AI, a leader in AI-driven commerce solutions, has agreed to acquire GroupBy for $55 million in an all-equity deal. This acquisition is set to bolster Rezolve AI's position in the AI-powered retail sector and add significant revenue to its operations.

Rezolve AI (NASDAQ: RZLV), a global leader in AI-driven commerce solutions, has announced its agreement to acquire GroupBy, a provider of enterprise-grade site search and merchandising solutions, in a deal valued at $55 million
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. This all-equity transaction is expected to significantly enhance Rezolve AI's position in the AI-powered retail sector and add approximately $30 million in high-margin revenue for 20252
.The acquisition is structured as an all-equity transaction, with GroupBy's shareholders, including venture capital investors and structured debt holders, opting to take equity in Rezolve AI as consideration
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. This decision reflects a strong vote of confidence in Rezolve AI's long-term vision and growth potential in the AI-powered retail sector.GroupBy's AI-driven site search and personalization technology currently drives over $30 billion in annual sales for enterprise retailers
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. By integrating GroupBy's technology, Rezolve AI aims to enhance its suite of AI-driven commerce tools and accelerate its path toward market leadership. The acquisition is expected to strengthen Rezolve AI's ability to serve enterprise retailers and marketplaces, complementing its existing strategic collaborations with tech giants like Google, Microsoft, and Tether1
.The integration of GroupBy's capabilities into Rezolve AI's Brain Commerce suite is set to unlock new levels of personalization and AI-driven engagement for retailers
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. GroupBy's extensive experience in optimizing product discovery for renowned brands such as The Container Store, Crate & Barrel, and Ace Hardware will be leveraged to enhance Rezolve AI's offerings3
.With GroupBy's robust presence in Austin, Texas, and Toronto, Canada, the acquisition will extend Rezolve AI's North American footprint
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. This expansion is expected to open new growth opportunities and deepen relationships with enterprise clients in the region.Related Stories
Daniel M. Wagner, CEO of Rezolve AI, emphasized the strategic importance of the acquisition, stating, "This acquisition not only adds immediate, meaningful revenue, but it also strengthens our market position with cutting-edge AI solutions that drive real results for retailers worldwide."
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Roland Gossage, CEO of GroupBy, expressed enthusiasm about the merger, highlighting the potential for transforming digital commerce through the synergy between GroupBy's expertise in commerce site search and Rezolve AI's Brain Commerce technologies
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.The announcement of the acquisition agreement has been well-received by the market, with Rezolve AI's shares rising 4.8% in premarket trading on Thursday [4]. As Rezolve AI continues its aggressive growth trajectory, this latest transaction is expected to accelerate its mission to redefine the future of retail through AI-powered solutions.
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