Responsum acquired by Elixirr to Accelerate Growth and Deepen Client Support
Sep 18, 2023
AUSTIN, TX - Responsum, a leading generative AI and natural language processing platform, announced today that it has been acquired by global consulting firm Elixirr. This acquisition will enable Responsum to expand its reach and impact for customers worldwide.
Founded in Austin by CEO Steve Steinberg and Chief Platform and Customer Officer Adam Hofmann, Responsum's technology helps organizations unlock productivity by leveraging their internal data alongside generative AI, including large language models like GPT-4. The platform is utilized across industries to increase productivity, improve customer experiences, optimize sales team performance, train and upskill employees, streamline reporting and more.
Over the past year, Responsum has collaborated with Elixirr on successful client projects, formalizing a partnership in August 2023. Since then, the companies have worked together on over 40 new opportunities, demonstrating the demand for Responsum's AI capabilities combined with Elixirr's strategic consulting.
As part of the acquisition, Steve Steinberg will join Elixirr's partner team, bringing over 20 years of experience in conversational AI, data analytics, machine learning, and NLP.
"As part of Elixirr, we can now expand our generative AI solutions to more businesses across the globe," said Steve Steinberg, Responsum CEO. "Elixirr's worldwide presence and strategic mindset, along with our shared culture of entrepreneurship and passion for innovation, will allow us to help even more companies transform through AI."
Responsum's technology, combined with Elixirr's consulting expertise and iOLAP's data capabilities, presents a powerful market opportunity. The AI market is projected to reach $2 trillion by 2030. This acquisition positions Responsum to play a leading role in enabling businesses to capitalize on AI.
"Generative AI unlocks huge potential for our customers. By joining Elixirr, we can bring our technical expertise to more organizations globally while strengthening our offering," said Adam Hofmann. "I'm excited by the opportunity this presents to advance our mission of unlocking the performance and productivity of people and teams everywhere."
Stephen Newton, Founder & CEO of Elixirr, says, “Bringing Responsum on board will allow us to engage with our clients in a way that is very differentiated in the market – combining strategy and execution together under one roof, empowered by the tech of tomorrow. This acquisition enables us to be anchored in a core capability but provide the wider strategic services needed to make a significant difference for our clients’ organizations.”
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