Relevance AI

Why Relevance AI exists

Relevance AI builds an AI agent “operating system” that helps companies create, train and deploy teams of AI agents that integrate with existing tech stacks. The platform is tool- and model-agnostic and aims to let agents learn niche workflows and collaborate like human employees. The company reports 40,000 AI agents registered on its platform and counts Qualified, Activision, and Safety Culture among customers. Relevance recently launched Workforce, a no-code multi-agent system for non-technical users, and Invent, a prompt-based agent creation tool. It plans to use new funding to further enhance product capabilities and to expand customer support in its primary markets of Australia and the U.S. The startup has grown headcount from 19 employees in 2023 to 80 across San Francisco and Sydney. Relevance AI, founded in 2020, operates a platform to build and deploy AI apps and custom agents to automate repetitive reasoning tasks. Its two primary products are AI Tools, which plug into existing workflows to automate tasks, and AI Agents, which complete entire workflows across functions like marketing, sales, and research. The company is on a mission to enable teams to be limited only by their ideas, not their size. In December 2023 Relevance AI raised $15.0M in a Series A led by King River Capital with participation from Peak XV's Surge, Galileo Ventures and Insight Partners. Proceeds will be used to scale the team globally and expand into San Francisco in 2024. The company is listed as OnSearch Pty Ltd and is categorized in workflow automation software. Founded in 2020 by Jacky Koh and Daniel Vassilev, Relevance AI builds a vector platform that enables developers and data scientists to represent and analyze unstructured data (text, image, audio) via high-dimensional numerical vectors. The platform helps reveal semantics and insights from unstructured data with minimal labeling or training, making vector capabilities more accessible and affordable for businesses of any size. Relevance AI serves more than 3 million end users and handles over 100 million weekly requests across sectors including SaaS, e-commerce, education, and gaming. The company is based in Sidney, Australia. It plans to use new funding to expand its global customer base and double its headcount. Relevance AI recently raised $3M in funding led by Insight Partners, with participation from Galileo Ventures and Archangel Ventures.