About Relish
Relish is a company based in Beachwood (United States) founded in 2020 by Sean Sollitto, Alex Lopez, and Ryan Walicki. It operates as a SaaS (Software-as-a-Service), and Managed Services. Relish has raised $35 million across 2 funding rounds from investors including Base10 Partners and Volition Capital. Relish offers products and services including Supplier Data Validation, AI Invoice Processing, Bank Account Validation, AI Invoice Assistant, and Relish Platform. Relish operates in a competitive market with competitors including Hightouch, Talend, Airbyte, Cleo and Software AG, among others.
- Headquarter Beachwood, United States
- Founders Sean Sollitto, Alex Lopez, Ryan Walicki
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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 Relish Iq, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35 M (USD)
in 2 rounds
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Latest Funding Round
$25 M (USD), Series B
Feb 20, 2025
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Investors
Base10 Partners
& 1 more
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Employee Count
Employee Count
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Products & Services of Relish
Relish offers a comprehensive portfolio of products and services, including Supplier Data Validation, AI Invoice Processing, Bank Account Validation, AI Invoice Assistant, and Relish Platform. 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.
Supplier data is validated automatically without manual intervention.
Invoices are digitized and validated using AI technology.
Bank accounts are verified globally with extensive reach.
Invoice processing is automated using adaptive AI technology.
Enterprise systems are integrated on a scalable platform.
Unlock access to complete
Funding Insights of Relish
Relish has successfully raised a total of $35M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in February 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 2
- Last Round Series B — $25.0M
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First Round
First Round
(29 Feb 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Series B - Relish | Valuation | Base10 Partners | |
| Feb, 2024 | Amount | Series A - Relish | Valuation | Volition Capital |
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| 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 Relish
Relish has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Base10 Partners and Volition Capital. 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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Investments are managed by Base10 Partners in technology for the real economy, with operations in finance, food, retail, and related sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward companies in multiple sectors.
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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 Relish
| 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 - Relish
| 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 |
Relish Comparisons
Competitors of Relish
Relish 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 Hightouch, Talend, Airbyte, Cleo and Software AG, 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 |
Cloud based data integration and customer data platform
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| domain | founded_year | HQ Location |
Data management platform for integration, quality, and governance is provided.
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| domain | founded_year | HQ Location |
Data integration is enabled via an open-source cloud platform.
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| domain | founded_year | HQ Location |
Cleo is recognized for providing supply chain integration solutions.
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| domain | founded_year | HQ Location |
Provider of data integration, application modernization, and digital transformation solutions
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| domain | founded_year | HQ Location |
Data from various sources is integrated using no-code cloud tools.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Relish
Frequently Asked Questions about Relish
When was Relish founded?
Relish was founded in 2020 and raised its 1st funding round 4 years after it was founded.
Where is Relish located?
Relish is headquartered in Beachwood, United States. It is registered at Beachwood, Ohio, United States.
Who is the current CEO of Relish?
Ryan Walicki is the current CEO of Relish. They have also founded this company.
Is Relish a funded company?
Relish is a funded company, having raised a total of $35M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Feb 29, 2024.
What does Relish do?
Relish is focused on delivering AI-powered solutions for enterprise applications. Services are provided in supplier data validation, invoice processing, and bank account verification. The company operates across industries such as consumer goods, energy, financial services, healthcare, public sector, and higher education. A scalable platform is offered for seamless integration with enterprise systems. Partnerships are maintained with major players like SAP, Coupa, and Dun Bradstreet. Automation and security of supplier data are prioritized to optimize supply chain and procurement processes.
What products or services does Relish offer?
Relish offers Supplier Data Validation, AI Invoice Processing, Bank Account Validation, AI Invoice Assistant, and Relish Platform.
Who are Relish's investors?
Relish has 2 investors. Key investors include Base10 Partners, and Volition Capital.