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Relevance AI

Series B

Raised $37M

Last updated March 2026

About Relevance AI

AI agent operating system that helps companies build and deploy custom AI agents to automate repetitive reasoning tasks. Founded in 2020 and headquartered in Sydney, Australia, Relevance AI has raised a total of $37M in funding and is currently at the Series B stage. Notable investors include Bessemer Venture Partners, King River Capital, Insight Partners, Peak XV.

Total Funding

$37M

Employees

50-100

Founded

2020

Relevance AI — Key Facts

CompanyRelevance AI
ProductRelevance AI
Founded2020
HeadquartersSydney, Australia
Employees50-100
Funding statusVenture-backed
Total funding$37M
StageSeries B
FoundersDaniel Vassilev, Jacky Koh, Daniel Palmer
Websiterelevanceai.com

Founders

Daniel Vassilev

Co-Founder & Co-CEO

Jacky Koh

Co-Founder & Co-CEO

Daniel Palmer

Co-Founder

Funding Rounds

  1. Series B$24MMay 2025
    Bessemer Venture PartnersKing River CapitalInsight PartnersPeak XV
  2. Series A$15MDec 2023
    King River CapitalPeak XV SurgeGalileo VenturesInsight Partners
  3. Seed$3M2021
    Archangel VenturesInsight Partners

Investors

Bessemer Venture PartnersKing River CapitalInsight PartnersPeak XVGalileo VenturesArchangel VenturesMeliora VenturesAWS Startups

Company Profiles

Relevance AI — Frequently Asked Questions

Who owns Relevance AI?

Relevance AI is developed by Relevance AI, headquartered in Sydney, Australia.

Who founded Relevance AI?

Relevance AI was founded by Daniel Vassilev, Jacky Koh and Daniel Palmer in 2020.

How much funding has Relevance AI raised?

Relevance AI has raised $37M and is at the Series B stage. Investors include Bessemer Venture Partners, King River Capital, Insight Partners, Peak XV.

How many employees does Relevance AI have?

Relevance AI has approximately 50-100 employees.

Where is Relevance AI headquartered?

Relevance AI is headquartered in Sydney, Australia.

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Relevance AI Review

Read full review, pricing, and alternatives

Relevance AI competes with platforms like Lindy, Zapier AI, and custom LangChain implementations. It offers more sophisticated multi-agent capabilities than Lindy and more accessible agent building than LangChain. Compared to Zapier AI, it provides deeper agent autonomy but has a steeper learning curve. Its transparent AI cost pass-through is a pricing advantage over most competitors.

Relevance AI Funding, Revenue & Investors — $37M Raised (2026) | ToolJunction