Relyance AI

Mountain View, United States Founded: 2020 • Age: 6 yrs
AI-based compliance management for data protection is offered.

About Relyance AI

Relyance AI is a Technology company based in Mountain View (United States) founded in 2020 by Abhi Sharma and Leila Golchehreh. AI-based compliance management for data protection is offered. Relyance AI has raised $57 million across 2 funding rounds from investors including Thomvest Ventures, M12 and Cheyenne Ventures. Its chief executive, as recorded, is Abhi Sharma. Its website relyance.ai draws about 23 thousand monthly visits. Relyance AI offers products and services including TrustiQ Data Journeysâ„¢, Privacy Automation, and AI Governance. Its focus areas include Enterprise Applications, GRC Software, Compliance and IT Compliance. Its legal entity is RELYANCE INC. Its competitors include BigID, Sourcepoint and DataGrail; 3 of its 3 listed competitors have raised funding.

Company details

Relyance AI was founded in 2020 and is headquartered in Mountain View, United States. Operations focus on the AI sector, where privacy, data governance, and compliance are managed for enterprises. Automation and machine learning are utilized to handle these processes, supporting data protection solutions across various organizational needs.

  • Headquarters Mountain View, United States
  • Founders Abhi Sharma, Leila Golchehreh
  • Sectors
    Technology
  • Website relyance.ai
  • Social LinkedIn X Facebook
  • Legal Name Relyance Inc.
Key Metrics
  • Total Equity Funding
    $57M (USD)

    in 2 rounds

  • Latest Funding Round
    $32M (USD), Series B

    Oct 2024

  • Investors

Products & Services of Relyance AI

Relyance AI offers a comprehensive portfolio of products and services, including TrustiQ Data Journeys™, Privacy Automation, and AI Governance.

TrustiQ Data Journeys™
AI Governance Engine

Platform for real-time data discovery and risk analysis.

Privacy Automation
Privacy Management

Tools for automating assessments and data subject requests.

AI Governance
Risk Oversight

System for monitoring AI lifecycle and ensuring ethical compliance.

Funding Insights of Relyance AI

Relyance AI has successfully raised a total of $57M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $32 million completed in October 2024. 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 $57M
  • Total Rounds 2
  • Last Round Series B — $32M
  • First Round $25M

    (Sep 2021)

  • Investors Count 5

All 2 funding rounds of Relyance AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2024$32MSeries B–Thomvest Ventures
Sep 2021$25MSeries A–Menlo Ventures, Unusual Ventures
–
Valuation history

5 investors in total: 5 institutional.

Investors in Relyance AI

Relyance AI has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Thomvest Ventures, M12 and Cheyenne Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investments are directed toward fintech, cybersecurity, and martech sectors.
thomvest.comSan Francisco, United States
Venture capital investments in technology startups are facilitated by M12.
m12.vcSan Francisco, United States
cheyennevc.com
Venture capital investments in software startups from pre-seed to Series A stages.
unusual.vc
Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
menlovc.com
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Investor details for Relyance AI

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People of Relyance AI

7 people are tracked at Relyance AI (5 in leadership, 2 in team).

NameRoleGroup
Abhi Sharma
Co-Founder & CEOLeadership
Leila Golchehreh
Co-Founder & CSOLeadership
Sun Lee
Chief Marketing OfficerLeadership
Matt Sanders
Director, Product Marketing (founding Pmm)Leadership
Leila R. Golchehreh
Co-founder & Chief Strategy OfficerLeadership
Matthew Barber
GTMTeam
Sunil Chhaya
Series A InvestorTeam
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Timeline of Relyance AI

3 dated milestones of Relyance AI across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Relyance AI is founded.
  2. Funding First funding round of $25.0M.
  3. Funding Latest funding round, Series B, of $32.0M.

Competitors of Relyance AI

Relyance AI has 3 listed competitors in our database, 3 of them funded. They include BigID, Sourcepoint and DataGrail.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bigid.com2016New York, United States$307.6M110
Cloud-based platform for data privacy management software is provided.
sourcepoint.com2014New York, United States$47.8M
Data privacy management solutions for digital publishers are offered.
datagrail.io2018San Francisco, United States$84M28
GDPR-as-a-service solutions are delivered for enterprise data privacy.
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Detailed competitors of Relyance AI

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Web traffic of Relyance AI

The website of Relyance AI (relyance.ai) receives about 23.1K visits a month.

  • Monthly visits
    23.1K

    ▲ 37.8% vs previous month

Similar websites

Websites whose visitors overlap most with Relyance AI. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
onetrust.com
100%
3.9M#15,943View details
google.com
74%
85.8B#1View details
privado.ai
68%
19.1K#1,166,585View details
cygnalabs.com
68%
7.5K#3,096,707View details
linkedin.com
66%
1.9B#18View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in GRC, Risk & Compliance Software

3 companies that operate in the same segment as Relyance AI (GRC, Risk & Compliance Software) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Platform that provides data analysis and management solutions
2003Denver, Colorado, United StatesUSD 2.46 BUSD 2.87 B5,915
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
Identity and access management solutions are provided for developers.
2013Bellevue, Washington, United StatesUSD 332.75 M350
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Related news about Relyance Ai

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Frequently Asked Questions about Relyance AI

Relyance AI was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Relyance AI is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.

Abhi Sharma is the CEO of Relyance AI, as recorded in our data. They have also founded this company.

Relyance AI is a funded company, having raised a total of $57M across 2 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Sep 2021.

Relyance AI was founded in 2020 and is headquartered in Mountain View, United States. Operations focus on the AI sector, where privacy, data governance, and compliance are managed for enterprises. Automation and machine learning are utilized to handle these processes, supporting data protection solutions across various organizational needs.

Relyance AI's top competitors include BigID, Sourcepoint and DataGrail.

Relyance AI offers TrustiQ Data Journeysâ„¢, Privacy Automation, and AI Governance.

Relyance AI has 5 investors. Key investors include Thomvest Ventures, M12, Cheyenne Ventures, Unusual Ventures, and Menlo Ventures.

Relyance AI operates through Relyance Inc..

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