Total amount raised
$814.6 Millions
Latest funding date
01/01/2025
Location
RELEX Solutions has secured significant investments from prominent firms such as Blackstone and TCV, with its latest funding round being a Debt Financing round closed in January 2025. The company offers an AI-based platform designed to enhance supply chain and retail planning, aiming to maximize sales, minimize costs, and reduce waste.
Keep reading to explore the intricacies of RELEX Solutions' fundraising journey and the investors backing this innovative platform.
What Is RELEX Solutions?
RELEX Solutions, founded on May 1, 2005, is headquartered in Helsinki, Southern Finland. The company was established by Johanna Småros, Michael Falck, and Mikko Kärkkäinen. It operates in industries such as enterprise software, machine learning, retail technology, and supply chain management.
With an employee count ranging from 1001 to 5000, RELEX Solutions offers an AI-based platform designed to optimize supply chain and retail planning. Their technology helps businesses enhance demand forecasting, automate replenishment, and optimize space planning and assortments, ultimately aiming to maximize sales, minimize costs, and reduce waste.
How Much Funding Has RELEX Solutions Raised?
- Debt Financing
- Amount Raised: €10M
- Date: January 2025
- Lead Investors: Nordea
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To finance projects and activities that have a positive sustainability impact, such as improving energy efficiency and reducing waste.
- Secondary Market
- Amount Raised: Not publicly disclosed
- Date: December 2024
- Lead Investors: Blackstone Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide liquidity to existing shareholders and support strategic growth initiatives.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: November 2023
- Lead Investors: BP
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and expand market reach.
- Private Equity Round
- Amount Raised: €500M
- Date: February 2022
- Lead Investors: Blackstone Group
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance technological capabilities.
- Private Equity Round
- Amount Raised: $200M
- Date: February 2019
- Lead Investors: TCV
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support international expansion and strengthen market position.
- Venture Round
- Amount Raised: €10M
- Date: September 2017
- Lead Investors: Summit Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To drive innovation and enhance product offerings.
- Grant
- Amount Raised: €1.4M
- Date: January 2016
- Lead Investors: EASME
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support research and development initiatives.
- Venture Round
- Amount Raised: €20M
- Date: September 2015
- Lead Investors: Summit Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand market presence and enhance technological infrastructure.
Total Amount Raised: $711.4M
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. It is headquartered in Helsinki, Finland, and serves over 10 million customers.
- Investment Focus Areas: Banking, financial services, sustainability.
- Notable Investments: RELEX Solutions.
- Blackstone Group
- Details: Blackstone Group is one of the world's leading investment firms, specializing in private equity, real estate, and credit. It is headquartered in New York City and manages assets worth hundreds of billions of dollars.
- Investment Focus Areas: Private equity, real estate, credit, hedge fund solutions.
- Notable Investments: RELEX Solutions, Hilton Worldwide, Ancestry.com.
- TCV
- Details: TCV (Technology Crossover Ventures) is a leading provider of growth capital to technology companies. Founded in 1995, TCV has invested in over 350 technology companies.
- Investment Focus Areas: Technology, internet, software, financial technology.
- Notable Investments: RELEX Solutions, Netflix, Facebook.
- Summit Partners
- Details: Summit Partners is a global alternative investment firm that invests in growth equity, fixed income, and public equity opportunities. Founded in 1984, it has raised more than $21 billion in capital.
- Investment Focus Areas: Technology, healthcare, financial services, consumer products.
- Notable Investments: RELEX Solutions, Uber, Avast.
- EASME
- Details: The Executive Agency for Small and Medium-sized Enterprises (EASME) is an agency of the European Commission that manages several EU programs. It aims to support SMEs, innovation, and sustainable growth.
- Investment Focus Areas: SMEs, innovation, sustainability, energy efficiency.
- Notable Investments: RELEX Solutions.
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 improve energy efficiency, reduce waste and emissions, and advance sustainable practices, aligning with the growing industry trend towards green financing.
As RELEX continues to prioritize sustainability, it may attract further green financing opportunities, positioning itself favorably for future investments. However, the company will need to ensure that these projects deliver the expected sustainability impacts and manage the complexities of integrating these practices into its core operations.
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