Recent AI & Machine Learning Acquisitions in Illinois
Acquisition Volume in AI & Machine Learning in Illinois by Year
Last 5 years
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February 26, 2026
- Buyer
- HaystackID
- Target
- eDiscovery AI
- Industry
- AI & Machine Learning
- Location
- Illinois, United States
- Type
- Buyout
HaystackID announced it has acquired AI legal technology company eDiscovery AI to expand its generative AI capabilities for legal, compliance, regulatory, and cybersecurity workflows. The acquisition formalizes an existing collaboration, integrating eDiscovery AI technology into HaystackID’s Core Intelligence AI offerings, with terms not disclosed.
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July 24, 2024
- Buyer
- Lucid Bots, Inc.
- Target
- Avianna
- Industry
- AI & Machine Learning
- Location
- Illinois, United States
- Type
- Buyout
Lucid Bots has acquired Avianna, a startup that provides natural-language and autonomy AI (Mission AI, Vision AI, Fleet Management) for robots. The integration will add conversational controls and autonomous operations to Lucid Bots' cleaning robots (Sherpa, Lavo Bot), improving usability, fleet management, and deployment efficiency.
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October 13, 2023
- Buyer
- Pamlico Capital
- Target
- InRule Technology
- Seller
- OpenGate Capital
- Industry
- AI & Machine Learning
- Location
- Illinois, United States
- Type
- Growth capital
Pamlico Capital has made a strategic growth investment in InRule Technology, an intelligence automation company that provides decisioning, machine learning and process automation software for enterprise customers. Terms were not disclosed; the backing will help InRule accelerate product delivery and expand its intelligence automation offerings following recent growth and prior acquisitions, and marks the culmination of a partnership with prior investor OpenGate Capital.
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June 22, 2021
- Buyer
- Fractal
- Target
- Samya.ai
- Industry
- AI & Machine Learning
- Location
- Illinois, United States
- Type
- Buyout
Fractal, a global provider of AI and advanced analytics, has acquired Samya.ai, a Revenue Growth Management (RGM) AI company, for an undisclosed amount. The acquisition strengthens Fractal’s RGM capabilities—bringing Samya.ai’s deep‑learning and reinforcement‑learning based solutions (focused on CPG and retail customers) into Fractal’s suite to help Fortune 500 clients unlock revenue growth and reduce operational inefficiencies.
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- Buyer
- K1 Investment Management
- Target
- Reveal Data Corporation, Brainspace Corporation
- Seller
- Gallant Capital Partners
- Industry
- AI & Machine Learning
- Location
- Illinois, United States
- Type
- Buyout
K1 Investment Management has invested in the combined Reveal and Brainspace organization, acquiring Reveal from Gallant Capital Partners and merging Reveal with Brainspace to create a leading AI-powered eDiscovery platform. The combined company will receive more than $200 million of investment from K1 to accelerate product development, expand sales and marketing, and grow R&D and data science capabilities.
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August 11, 2020
- Buyer
- Reveal Data Corporation
- Target
- NexLP
- Industry
- AI & Machine Learning
- Location
- Illinois, United States
- Type
- Buyout
Reveal Data Corporation has acquired NexLP, an AI-driven eDiscovery software provider, and will integrate NexLP's Story Engine AI and data science team into Reveal's review platform. Jay Leib, NexLP co-founder and CEO, joins Reveal as EVP of Innovation & Strategy; terms were not disclosed and Reveal — which is majority-owned by Gallant Capital Partners — worked with Houlihan Lokey and Stradling Yocca Carlson & Rauth on the transaction.
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