# Relimetrics

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

- Industry: Software
- Headquarters: Berlin, Germany
- Website: www.relimetrics.com/
- Total disclosed funding: $4M
- Latest round: Seed (Dec 31, 2018)
- Investors on record: 2

## About

Based in Germany, Relimetrics GmbH is a technology company specializing in artificial intelligence solutions for industrial automation, focusing particularly on visual inspection applications in manufacturing.Relimetrics GmbH, founded in 2013 in Berlin, Germany, develops AI-driven platforms for visual inspection in manufacturing. The company has raised a total of EUR 3.50 mn through 4 deals, with its latest funding round being a Seed round of EUR 3.50 mn in which Newfund Management and SquareOne participated. The CEO and founder, Kemal Levi, leads the company into new market opportunities.Relimetrics GmbH offers ReliVision, an innovative AI platform tailored for industrial automation, especially in visual inspection applications across diverse manufacturing sectors. This platform empowers users, including those without coding skills, to independently create and manage comprehensive AI solutions, adapting to production variability. Key features include a user-friendly graphical interface for data curation, a library of pre-built AI models, and advanced training options that allow operators to enhance AI applications with real-time feedback. The company serves various industries, including aerospace, automotive, and electronics, with clients like Lockheed Martin and Foxconn in both European and North American markets.Relimetrics GmbH generates revenue mainly through a subscription-based model, providing its AI platform and related tools as a service to manufacturers. Clients enter contractual agreements to access the platform’s functionalities, including AI model training and data management tailored to their quality assurance processes. The company’s revenue structure emphasizes ongoing support and maintenance, enabling clients to scale AI solutions across multiple production lines, reflecting commitment to continuous platform enhancements.Relimetrics GmbH plans to expand its offerings by developing new features for the ReliVision platform, aiming for a release by mid-2024. The company also seeks to penetrate new markets in Asia and South America by the end of 2024, leveraging its recent funding of EUR 3.50 mn to support these initiatives. Furthermore, the company has recently secured an undisclosed amount in venture funding from Quest Venture Partners, enhancing its capability to drive growth and innovation.

## Funding rounds

- Seed, Dec 31, 2018, $4M — Newfund, SquareOne

## Investors

- Newfund (https://capitalatlas.ai/funds/newfund) — Seed
- SquareOne (https://capitalatlas.ai/funds/squareone) — Seed
