AI & Machine Learning Acquisitions in Illinois

Labelbox has acquired Upcraft, an AI-powered sales automation startup, to integrate Upcraft's agentic sales automation technology into Alignerr, Labelbox's expert network for AI training data. Terms were not disclosed; Upcraft was founded in 2021 and is headquartered in Chicago.

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.

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.

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.

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.

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.