Relevance AI, a Sydney, Australia-based AI workforce platform, has secured $24 million in Series B funding, bringing its total funding to $37 million.
Investors
The round was led by Bessemer Venture Partners, with participation from King River Capital, Insight Partners, and Peak XV.
Bessemer Venture Partners is a venture capital firm that supports entrepreneurs across the enterprise, consumer, and healthcare sectors. With over 145 IPOs and more than 300 portfolio companies, Bessemer backs founders and CEOs from their early days through every growth stage. The firm manages over $20 billion in assets and operates globally, with hubs in Silicon Valley, New York, London, Bangalore, Tel Aviv, and Beijing.
Relevance AI Use of Funds
The company will use the funds to accelerate the development of its AI platform.
About Relevance AI
Founded in 2020 by Daniel Palmer, Jacky Koh, and Daniil Vassilev, Relevance AI is a technology company that offers a no-code platform for building and deploying AI agents—autonomous digital workers designed to automate and enhance business operations. Its platform enables businesses to create an AI team that handles repetitive, time-consuming tasks across various workflows like sales, marketing, and customer support. Headquartered in Sydney, with an office in San Francisco, Relevance AI serves a diverse clientele, including SafetyCulture, Activision, and various government entities.
Funding Details
Company: OnSearch Pty Ltd (Relevance AI)
Raised: $24.0M
Round: Series B
Funding Date: May 2025
Lead Investor: Bessemer Venture Partners
Additional Investors: King River Capital, Insight Partners, Peak XV
Company Website: https://www.relevance.ai/
Software Category: AI Workforce / AI Agents
Source: https://relevanceai.com/blog/the-ai-workforce-revolution-24m-series-b-to-accelerate-our-mission