RELEX Solutions

Stockholm, Sweden Founded: 2015 • Age: 11 yrs Acquired By RELEX
AI-based promotion performance analysis is offered for offline retailers.
Annual revenue - Latest available
Total funding $5.5M 3 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About RELEX Solutions

RELEX Solutions is a company based in Stockholm (Sweden) founded in 2015 by Andreas Willgert and Arvid Stenback was acquired by RELEX in May 2022. It operates as a SaaS (Software-as-a-Service) and Managed Services. RELEX Solutions has raised $5.46 million across 3 funding rounds from investors including RELEX, Industrifonden and henQ vc. RELEX Solutions offers products and services including Promotion Planning Software, Demand Planning, and Price Optimization. RELEX Solutions operates in a competitive market with competitors including PandaDoc, Upside, Conga, Wiser and Crisp, among others.

  • Headquarter Stockholm, Sweden
  • Founders Andreas Willgert, Arvid Stenback
  • Sectors
    Retail
    Technology
  • Email
    Locked
  • Phone
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  • Website
    Locked
  • Social
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  • Legal Name Relex Solutions
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.46 M (USD)

    in 3 rounds

  • Latest Funding Round
    $4.07 M (USD), Seed

    Jan 30, 2020

  • Investors
    RELEX

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    RELEX

    (May 12, 2022)

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Products & Services of RELEX Solutions

RELEX Solutions offers a comprehensive portfolio of products and services, including Promotion Planning Software, Demand Planning, and Price Optimization.

Product name locked
Category locked
Primary

Software for optimizing retail promotion campaigns effectively.

Product name locked
Category locked
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Tool for forecasting demand in retail operations.

Product name locked
Category locked
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Solution for setting optimal pricing in retail.

People of RELEX Solutions

Headcount 1000-5000
Employee Profiles 664
Board Members and Advisors 4
Employee Profiles
People
Chad Edwards
Team Lead, Site Reliability Engineering US
People
Erik Kinch
Director Of Customer Success Scandinavia
People
Mikko Kärkkäinen
Co-Founder & Group CEO
People
Johanna Småros
Co-Founder & Chief Sustainability Officer

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Board Members and Advisors
people
Bob Burke
Chairman of the Board
people
John Doran
Member of the Board
people
Muz Ashraf
Member of the Board
people
Michael Falck
Co-Founder

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Funding Insights of RELEX Solutions

RELEX Solutions has successfully raised a total of $5.46M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $4.07 million completed in January 2020. 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.

Investors in RELEX Solutions

RELEX Solutions has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include RELEX, Industrifonden and henQ vc.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in deep-tech, life sciences, and transformative tech are managed.
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Venture capital funding is provided to B2B software startups.
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Investor details for RELEX Solutions

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Investments & Acquisitions by RELEX Solutions

Investments
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Investment portfolio details for RELEX Solutions

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Financial Statements - RELEX Solutions

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Detailed financials for RELEX Solutions

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Relex Solutions Comparisons

RELEX Solutions Primary company
Description
AI-based promotion performance analysis is offered for offli...
Location
Stockholm, Sweden
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for RELEX Solutions

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Competitors of RELEX Solutions

RELEX Solutions 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 PandaDoc, Upside, Conga, Wiser and Crisp, among others.

Company Name Domain Founded year HQ Location Description
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Document workflows are automated and managed for sales teams.
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Promotion management and cashback solutions are provided to retailers.
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Contract lifecycle management is facilitated via a cloud-based platform.
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Price intelligence and optimization software is provided for e-commerce retailers.
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Business analytics software is provided for CPG retailers and suppliers.
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eCommerce analytics platform is provided for online sellers.
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Detailed competitors of RELEX Solutions

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Latest news on Relex Solutions

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Complete news archive for RELEX Solutions

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Frequently Asked Questions about RELEX Solutions

RELEX Solutions was founded in 2015 and raised its 1st funding round 3 years after it was founded.

RELEX Solutions is headquartered in Stockholm, Sweden.

Andreas Willgert is the current CEO of RELEX Solutions. They have also founded this company.

RELEX Solutions is a funded company, having raised a total of $5.46M across 3 funding rounds to date.

Retail and supply chain planning solutions are offered by RELEX Solutions. Focus is placed on promotion planning, demand forecasting, and price optimization. Various industries including grocery, electronics, and consumer goods are served. Tools for inventory management, assortment planning, and integrated business planning are developed. AI-driven technologies are utilized to enhance forecast accuracy and operational efficiency. Collaboration across supply chains is facilitated to minimize stock issues. Comprehensive platforms for strategic and operational planning are maintained.

RELEX Solutions's top competitors include Upside, Conga and PandaDoc.

RELEX Solutions offers Promotion Planning Software, Demand Planning, and Price Optimization.

RELEX Solutions has 5 investors. Key investors include RELEX, Industrifonden, henQ vc, J12, and EIC Fund.

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