About Relewise
Relewise is a company based in Denmark founded in 2020.. Relewise has raised $846.8 thousand across 1 funding round from investors including Founderment, Mikkel Salling and Jesper Hvejsel. The company has 20 employees as of November 30, 2024. Relewise offers products and services including Personalized Search, Recommendations, Merchandising, Triggers, and Retail Media. Relewise operates in a competitive market with competitors including Medallia, Adobe, Sprinklr, Amplitude and ActiveCampaign, among others.
- Headquarter Denmark
- Employees 20 as on 30 Nov, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Relewise Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$846.8 K (USD)
in 1 rounds
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Latest Funding Round
$846.8 K (USD), Seed
Oct 13, 2023
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Investors
Founderment
& 3 more
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Employee Count
20
as on Nov 30, 2024
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Products & Services of Relewise
Relewise offers a comprehensive portfolio of products and services, including Personalized Search, Recommendations, Merchandising, Triggers, and Retail Media. 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.
Enables tailored product searches for e-commerce users
Delivers customized product suggestions based on user behavior
Supports strategic product placement for business goals
Automates marketing based on customer interactions
Facilitates brand advertising on e-commerce sites
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Funding Insights of Relewise
Relewise has successfully raised a total of $846.8K through 1 strategic funding round. The most recent funding activity was a Seed round of $846.8 thousand completed in October 2023. 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 1
- Last Round Seed — $846,800
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First Round
First Round
(13 Oct 2023)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Seed - Relewise | Valuation | Founderment |
| 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 Relewise
Relewise has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Founderment, Mikkel Salling and Jesper Hvejsel. 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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Early-stage venture capital is provided to retail technology startups.
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Founded Year | Domain | Location | |
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MS
Mikkel Salling |
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Founded Year | Domain | Location |
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JH
Jesper Hvejsel |
Angel investor and entrepreneur, co-founder of Dreamdata, focused on tech startups
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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 Relewise
| 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 - Relewise
| 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 |
Relewise Comparisons
Competitors of Relewise
Relewise operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Medallia, Adobe, Sprinklr, Amplitude and ActiveCampaign, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Medallia is focused on customer and employee experience management.
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| domain | founded_year | HQ Location |
AI-powered platform manages marketing creatives and customer journeys.
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| domain | founded_year | HQ Location |
Cloud-based customer experience management software is provided for brands.
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| domain | founded_year | HQ Location |
Amplitude is recognized as a leading digital analytics platform.
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| domain | founded_year | HQ Location |
Sales, CRM, and email marketing automation software is provided.
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| domain | founded_year | HQ Location |
AI-powered customer experience automation solutions are provided by Verint.
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| 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 Relewise
Frequently Asked Questions about Relewise
When was Relewise founded?
Relewise was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Relewise located?
Relewise is headquartered in Denmark.
Is Relewise a funded company?
Relewise is a funded company, having raised a total of $846.8K across 1 funding round to date. The company's 1st funding round was a Seed of $846.8K, raised on Oct 13, 2023.
How many employees does Relewise have?
As of Nov 30, 2024, the latest employee count at Relewise is 20.
What does Relewise do?
Relewise was founded in 2020 and is headquartered in Denmark. A platform is operated to deliver customer journey management solutions, enabling businesses to track and optimize interactions across digital touchpoints. Services are focused on data-driven personalization and engagement strategies within the technology sector. Operations are based in Europe, with the domain relewise.com serving as the main online interface for users and integrations.
Who are the top competitors of Relewise?
What products or services does Relewise offer?
Relewise offers Personalized Search, Recommendations, Merchandising, Triggers, and Retail Media.
Who are Relewise's investors?
Relewise has 4 investors. Key investors include Founderment, Mikkel Salling, Jesper Hvejsel, and Stefan Rosenlund.