What does Relevance AI do?
Relevance AI is a San Francisco-based technology company that develops an AI agent operating system. Their platform enables domain experts to train specialized AI agents capable of making contextual decisions and managing non-deterministic workflows, tailored to specific business processes.
How much did they raise?
The company raised $24M in a Series B round led by Bessemer Venture Partners, with additional participation from King River Capital, Insight Partners, and Peak XV. This round brings their total raised capital to $37M.
What are their plans for the money?
With the new funds, Relevance AI plans to expand its operations and accelerate the development of its AI technology, enhancing its capabilities in creating intelligent agents that can drive business transformation through improved decision-making.
What have they achieved so far?
Founded in 2020, Relevance AI has already made significant progress by building a robust AI platform and growing its team to over 80 employees, with offices in San Francisco and Sydney.
