# Relevance AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/relevance-ai

- Industry: Software
- Headquarters: Surry Hills, Australia
- Website: www.relevanceai.com
- Total disclosed funding: $35M
- Latest round: Series B (May 6, 2025)
- Investors on record: 8

## About

Based in Australia, Relevance AI operates as a provider of advanced AI solutions, focusing on helping businesses build and manage intelligent AI agents to enhance operational efficiency and productivity.Relevance AI, founded in 2020, is situated in Surry Hills, Australia. The company specializes in creating AI platforms that support businesses in automating tasks and managing AI agents. It has raised a total of USD 24.00 mn through 4 funding rounds, with the latest being a venture funding on June 27, 2025, led by Meliora Ventures. The founders, Daniel Vassilev and Jacky Koh, have backgrounds that contribute to the company’s innovative approach in AI.Relevance AI offers a comprehensive platform designed for businesses to build, manage, and scale their AI workforce through specialized agents. The core product allows operations teams to create and customize AI agents equipped with various tools tailored to specific business functions, such as automation of mundane tasks, data processing, and API integrations. These agents utilize advanced technologies, including Large Language Models (LLMs), to execute tasks with human-like intelligence and autonomy, enhancing productivity and operational efficiency. The platform's flexibility supports a wide range of industries and use cases, from marketing and research to customer support and operations. Relevance AI’s customer base includes mid to large-sized enterprises across multiple geographical markets, including the United States, European Union, and Australia, leveraging the platform to drive significant improvements in operational processes and decision-making.Relevance AI operates under a subscription-based revenue model, allowing clients to access its suite of products and services tailored to their specific needs. The structure typically involves tiered pricing plans that accommodate varying levels of customization and deployment, catering to different sizes of businesses. Clients engage with the platform by subscribing to access features such as the Multi-Agent System (MAS), AI tools, and customizable workflows. The company facilitates transactions primarily through a direct B2B approach, concentrating on partnerships with enterprises seeking to adopt AI-driven solutions for enhancing their operational capabilities. Specific pricing tiers reflect the complexity and scale of the services utilized, although detailed figures are not publicly specified. In June 2025, Relevance AI raised an undisclosed amount of venture funding from new investor Meliora Ventures. The company plans to utilize this funding to enhance its artificial intelligence agent platform, expand customer support in the United States and Australia, and grow its San Francisco-based commercial team. This strategy aims to drive the launch of new products and services tailored for upcoming market needs while solidifying its presence in these key regions.

## Funding rounds

- Series B, May 6, 2025, $24M — Insight Partners, Bessemer Venture Partners, King River Capital, Peak XV Partners
- Series A, Nov 9, 2023, $7.5M — Insight Partners, Galileo Ventures, King River Capital, Surge
- Seed, May 25, 2021, $3.2M — Insight Partners, Archangel Ventures, Galileo Ventures, Grace Software Holdings III, LLC

## Investors

- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Seed, Series A, Series B
- Archangel Ventures (https://capitalatlas.ai/funds/archangel-ventures) — Seed
- Galileo Ventures — Seed, Series A
- Grace Software Holdings III, LLC — Seed
- King River Capital (https://capitalatlas.ai/funds/king-river-capital) — Series A, Series B
- Surge (https://capitalatlas.ai/funds/surge) — Series A
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series B
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series B