Total amount raised
$814.6 Million
Latest funding date
01/01/2025
Location
RELEX Solutions has successfully raised funding over 8 rounds, with the latest being a Debt Financing round. The company is backed by notable investors, including Nordea and TCV.
Keep reading to explore the intricacies of RELEX Solutions' fundraising journey and the investors supporting this innovative platform.
What Is RELEX Solutions?
RELEX Solutions, based in Helsinki, Southern Finland, Finland, offers a unified AI-based platform that enhances supply chain and retail planning. The company operates in multiple industries, including enterprise software, machine learning, retail, retail technology, software, and supply chain management.
Founded with a mission to improve forecast accuracy and optimize operations, RELEX Solutions employs between 1001 and 5000 people. Their AI-driven solutions support various stages of the consumer goods value chain, from raw materials to retail, helping businesses make smarter planning decisions.
How Much Funding Has RELEX Solutions Raised?
- Debt Financing
- Amount Raised: EUR 10,000,000
- Date: January 2025
- Lead Investors: Nordea
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To finance projects with positive sustainability impacts, such as improving energy efficiency and reducing waste.
- Secondary Market
- Date: December 2024
- Lead Investors: Blackstone Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity for existing shareholders and support strategic growth initiatives.
- Series Unknown
- Date: November 2023
- Lead Investors: BP
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand into new markets and enhance technological capabilities.
- Private Equity
- Amount Raised: EUR 500,000,000
- Date: February 2022
- Lead Investors: Blackstone Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and scale operations globally.
- Private Equity
- Amount Raised: USD 200,000,000
- Date: February 2019
- Lead Investors: TCV
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product offerings and expand market reach.
- Series Unknown
- Amount Raised: EUR 10,000,000
- Date: September 2017
- Lead Investors: Summit Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support technological advancements and market expansion.
- Grant
- Amount Raised: EUR 1,361,325
- Date: January 2016
- Lead Investors: EASME
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fund research and development projects.
- Series Unknown
- Amount Raised: EUR 20,000,000
- Date: September 2015
- Lead Investors: Summit Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance product development.
Total Amount Raised: USD 711,361,325
Current Valuation: Not publicly disclosed
Key Investors
- Nordea
- Details: Nordea is a leading financial services group in the Nordic region, providing a wide range of banking services. They have participated in multiple debt financing rounds for RELEX Solutions.
- Investment Focus Areas: Sustainable projects, energy efficiency, waste reduction.
- Notable Investments: Debt financing rounds for RELEX Solutions.
- TCV
- Details: TCV is a prominent venture capital firm that invests in technology companies. They are one of the most recent investors in RELEX Solutions.
- Investment Focus Areas: Technology, software, internet.
- Notable Investments: RELEX Solutions, Airbnb, Netflix.
- Blackstone Group
- Details: Blackstone Group is a global investment firm specializing in private equity, real estate, and credit. They have invested in RELEX Solutions through secondary market and private equity rounds.
- Investment Focus Areas: Private equity, real estate, credit.
- Notable Investments: RELEX Solutions, Hilton Worldwide, Bumble.
- BP
- Details: BP is a multinational oil and gas company headquartered in London. They have invested in RELEX Solutions to support its market expansion and technological advancements.
- Investment Focus Areas: Energy, sustainability, technology.
- Notable Investments: RELEX Solutions, Lightsource BP, FreeWire Technologies.
- Summit Partners
- Details: Summit Partners is a global alternative investment firm that invests in growth equity, fixed income, and public equity opportunities. They have supported RELEX Solutions in multiple funding rounds.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: RELEX Solutions, Uber, Avast.
What's Next for RELEX Solutions?
RELEX Solutions is poised to leverage its €10 million green revolving credit facility to drive significant sustainability projects. This funding will enable the company to enhance energy efficiency, reduce waste, and advance sustainable practices, aligning with the growing industry trend towards green financing and responsible business operations.
With a strong financial standing and a commitment to sustainability, RELEX Solutions is well-positioned for future green financing opportunities. The successful acquisition of Ida and the emphasis on sustainable growth suggest that the company may continue to explore strategic acquisitions to bolster its platform capabilities.
However, challenges lie ahead. Ensuring that financed projects deliver the intended sustainability impacts and maintaining a strong financial standing will be crucial. Balancing rapid growth with the integration of sustainability into core operations will also be essential for long-term success.
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