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Relevance AI
No-code platform for building custom AI workforces
About Relevance AI
Relevance AI provides a low-code platform for businesses to build, recruit, and manage teams of autonomous AI agents. Founded in 2020 by Co-CEOs Daniel Vassilev and Jacky Koh, along with Daniel Palmer, the Sydney-based company aims to make AI accessible to non-technical users, allowing them to automate complex business processes and repetitive tasks without developer resources.
The founders' backgrounds in machine learning and software engineering were instrumental in developing the platform, which addresses the need for more flexible and user-friendly AI solutions. The company's core offering is its visual, no-code platform where subject-matter experts can design, train, and deploy custom AI agents for functions across sales, marketing, customer support, and research. The platform is model-agnostic, allowing users to choose from top Large Language Model (LLM) providers like OpenAI, Google, and Anthropic.
Relevance AI operates on a subscription-based business model with various pricing tiers, including a free plan, making it accessible to individuals, startups, and large enterprises. Clients include startups and Fortune 500 companies such as Activision and SafetyCulture. The platform's features include a visual multi-agent system builder called 'Workforce', and 'Invent', a text-to-agent generator. These tools enable the creation of AI workforces that can handle tasks like lead qualification, data analysis, and customer service inquiries.
The company has seen significant growth, with 40,000 AI agents created on its platform in January 2025 alone. Relevance AI has raised a total of $37 million in funding. This includes a Series A round in December 2023 and a $24 million Series B round in May 2025, led by Bessemer Venture Partners with participation from King River Capital, Insight Partners, and Peak XV.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Sydney, Australia
- Employees
- 118
- Open positions
- 10
- Dealroom signal
- 83.8/100
- Industry
- Enterprise Software
- Sector
- AI, Data Analytics, Core AI, Data Visualization Analysis, Generative AI, AI Tools, AI Agents
- Technology
- Artificial Intelligence, Big Data
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | May 2025 | $24M | $96M | Insight Partners · King River Capital · Meliora Ventures · Peak XV Partners | ↗ |
| SERIES A✓Equity / VC | Dec 2023 | $9.7M | $39M | Insight Partners · Peak XV Partners · Galileo Ventures · King River Capital | ↗ |
Growth signals
Latest recorded traffic for Relevance AI is 310K monthly website visits, down 16.2% over the last three months. Relevance AI's team grew 3.5% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed3 investors entered at this stage
Insight Partners
Archangel Ventures
Galileo Ventures
Series A4 investors entered at this stage
King River Capital
Peak XV Partners
Bessemer Venture Partners- MVMeliora Ventures
Other known investors2 additional known investors
Nvidia Inception
Surge
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Relevance AI on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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