Rezolve AI Closes Acquisition of GroupBy, Cementing Leadership in AI-Powered Commerce
NEW YORK – March 26, 2025 – Rezolve AI (NASDAQ: RZLV), a global frontrunner in AI-powered commerce and digital engagement solutions, has officially closed its acquisition of GroupBy Inc., along with its subsidiaries GroupBy International Ltd., GroupBy USA Inc., and GroupBy UK Ltd. This landmark deal, announced today, solidifies Rezolve AI’s position as a leader in transforming the digital commerce landscape through advanced artificial intelligence and machine learning technologies.
A Strategic Powerhouse Union
The acquisition unites two trailblazers in the AI and commerce sectors. GroupBy, renowned for its cutting-edge product discovery platform, has a proven track record of driving over $30 billion in annual sales for its clients, including globally recognized brands. Rezolve AI, with its innovative suite of digital engagement tools, has been at the forefront of simplifying the purchasing process and enhancing consumer experiences through AI-driven solutions. By integrating GroupBy’s advanced site search, product recommendation, and merchandising capabilities with Rezolve AI’s existing Brain Commerce suite, the combined entity is poised to redefine how businesses engage with customers in the digital age.
Daniel M. Wagner, Chief Executive Officer and Chairman of Rezolve AI, hailed the acquisition as a transformative milestone. “The closing of this acquisition marks a pivotal moment for Rezolve AI,” Wagner stated. “GroupBy’s technology and its impressive history of empowering leading global brands align perfectly with our mission. By merging their strengths with our AI-driven platform, we are uniquely positioned to lead the future of commerce and digital engagement.”
Enhancing AI-Driven Commerce
The acquisition, initially valued at $55 million in an all-share transaction announced in February 2025, enhances Rezolve AI’s capabilities in delivering personalized shopping experiences. GroupBy’s platform, powered by Google Cloud Vertex AI Search for Commerce and trained on vast datasets, excels in understanding user intent and optimizing product discovery. This complements Rezolve AI’s Brain Suite offerings—such as Brain Commerce for conversational commerce, Brain Checkout for seamless transactions, and Brain Assistant for knowledge management—creating a comprehensive ecosystem for retailers and brands.
The deal is expected to accelerate Rezolve AI’s innovation and scalability, particularly in AI-powered site search, personalized recommendations, and frictionless purchasing processes. Customers of GroupBy will now gain access to Rezolve AI’s next-generation tools, including real-time engagement solutions and geolocation features, designed to boost merchant revenues and elevate the digital shopping experience.
A Vote of Confidence
The acquisition has garnered significant support from investors, with GroupBy’s shareholders, including prominent private equity firms, taking equity stakes in Rezolve AI as part of the deal. This move signals strong confidence in Rezolve AI’s strategic vision and its potential to dominate the AI-driven commerce market. The company’s recent financial maneuvers, such as its $1 billion Bitcoin treasury program launched in February 2025 to support a crypto payment platform with Tether, further underscore its ambition to bridge traditional commerce with emerging digital frontiers.
Global Expansion on the Horizon
Rezolve AI plans to leverage the acquisition for global expansion, targeting markets with high demand for AI-driven commerce solutions. The integration of GroupBy’s North American presence strengthens Rezolve AI’s foothold in the region, opening doors to new growth opportunities through direct sales, channel partnerships, and further strategic acquisitions. The combined expertise of both companies positions Rezolve AI to deliver unparalleled value to enterprise clients, empowering them with tools to thrive in an increasingly competitive digital landscape.
A Bright Future Ahead
Industry analysts have taken note of Rezolve AI’s aggressive growth strategy. Following the acquisition, Roth Mkm reaffirmed its “buy” rating on Rezolve AI shares with a $4.00 price target, while Maxim Group and Northland Securities initiated coverage with “buy” and “outperform” ratings, setting price objectives of $10.00 and $5.00, respectively. These endorsements reflect optimism about Rezolve AI’s ability to capitalize on the booming AI commerce sector.
As Rezolve AI closes this chapter with Group By, it opens a new one in its journey to revolutionize global commerce. By harnessing the power of AI to create seamless, personalized, and innovative shopping experiences, the company is not only cementing its leadership but also shaping the future of how consumers and businesses connect in the digital world.