May 6, 2025:
Relevance AI Secures $24M to Expand AI Agent Platform - Relevance AI, a startup in San Francisco and Sydney, has raised $24 million in Series B funding led by Bessemer Venture Partners to enhance its AI agent operating system. The company enables businesses to build AI agent teams that integrate into workflows similar to human employees, with customers including Qualified and Activision, while facing competition from companies like Microsoft.
The funding will expand product capabilities and support in Australia and the U.S. Relevance introduced new features, Workforce and Invent, for no-code agent collaboration and creation.