About Relevance AI
Relevance AI is a company based in Sydney (Australia) founded in 2020 by Jacky Koh and Daniel Vassilev.. Relevance AI has raised $36.84 million across 3 funding rounds from investors including Bessemer Venture Partners, Peak XV Partners and Insight Partners. Relevance AI offers products and services including AI Agents and AI Tools.
- Headquarter Sydney, Australia
- Founders Jacky Koh, Daniel Vassilev
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Onsearch Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36.84 M (USD)
in 3 rounds
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Latest Funding Round
$24 M (USD), Series B
May 07, 2025
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Investors
Bessemer Venture Partners
& 6 more
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Employee Count
Employee Count
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Products & Services of Relevance AI
Relevance AI offers a comprehensive portfolio of products and services, including AI Agents and AI Tools. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tools for building and deploying AI agents to automate business tasks.
Custom integrations for creating AI workflows and executing tasks.
Funding Insights of Relevance AI
Relevance AI has successfully raised a total of $36.84M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $24 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $24.0M
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First Round
First Round
(03 Dec 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Series B - Relevance AI | Valuation | Bessemer Venture Partners | |
| Dec, 2023 | Amount | Series A - Relevance AI | Valuation | King River | |
| Dec, 2021 | Amount | Seed - Relevance AI | Valuation | Insight Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Relevance AI
Relevance AI has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Peak XV Partners and Insight Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Venture capital firm investing in startups and providing support programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Relevance AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Relevance AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Relevance Ai Comparisons
Competitors of Relevance AI
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Relevance Ai
Frequently Asked Questions about Relevance AI
When was Relevance AI founded?
Relevance AI was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Relevance AI located?
Relevance AI is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Relevance AI?
Jacky Koh is the current CEO of Relevance AI. They have also founded this company.
Is Relevance AI a funded company?
Relevance AI is a funded company, having raised a total of $36.84M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Dec 03, 2021.
What does Relevance AI do?
Founded in 2020 and based in Sydney, Australia, Relevance AI operates in the AI and machine learning sector. Unstructured data, including text, audio, and images, is processed to extract business insights. Sentiments and emotions within files are analyzed, with features such as semantic search, AI tagging, image search, and reporting provided to users.
What products or services does Relevance AI offer?
Relevance AI offers AI Agents and AI Tools.
Who are Relevance AI's investors?
Relevance AI has 7 investors. Key investors include Bessemer Venture Partners, Peak XV Partners, Insight Partners, King River, and Galileo Ventures.
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