Tech Company Financing Transactions
Relevance AI Funding Round
Relevance AI, based in Sydney, New South Wales, secured $10 million from King River Capital, Galileo Ventures and Insight Venture Partners.
Transaction Overview
Company Name
Announced On
12/12/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
Relevance AI will use the new capital, which brings its total raised to $13.2 million, for its low-code platform that lets companies build and deploy custom AI agents to automate repetitive tasks.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
320 Pitt Street 100 Barangaroo Avenue
Sydney, New South Wales, 2000
AU
Sydney, New South Wales, 2000
AU
Phone
Undisclosed
Website
Email Address
Overview
At Relevance AI, our mission is to be the home of the AI workforce. Our no-code platform enables anyone to build AI teams, equipped with custom AI tools.
Management Team
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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