Total amount raised
$62 Millions
Latest funding date
10/01/2024
Location
Relyance AI has developed an AI-native platform focused on privacy, data security, and AI governance. The platform features TrustiQ™, an intelligence engine that powers live discovery and continuous risk analysis, along with privacy automation and AI governance tools.
Keep reading to explore the intricacies of Relyance AI's fundraising journey and the investors backing this innovative platform.
What Is Relyance AI?
Relyance AI operates in the technology industry, focusing on AI governance, data security, and privacy compliance. The company offers an AI-native platform that integrates privacy, data security, and AI governance into a unified system.
Powered by the TrustiQ™ intelligence engine, Relyance AI provides real-time compliance validation, continuous risk analysis, and end-to-end visibility across data ecosystems. Their solutions support automated workflows for global privacy operations and comprehensive data security posture management.
How Much Funding Has Relyance AI Raised?
- Seed Round
- Amount Raised: $5M
- Date: Sep 2021
- Lead Investors: Unusual Ventures
- Series A
- Amount Raised: $25M
- Date: Sep 2021
- Lead Investors: Menlo Ventures, Unusual Ventures
- Series B
- Amount Raised: $32M
- Date: Oct 2024
- Lead Investors: M12 - Microsoft's Venture Fund, Thomvest Ventures
Relyance AI has raised a total of $62M across all funding rounds.
Key Investors
- Unusual Ventures
- Details: Unusual Ventures is a venture capital firm that focuses on early-stage investments. They aim to support startups with hands-on guidance and resources.
- Investment Focus Areas: Enterprise software, consumer products, fintech
- Notable Investments: Carta, Robinhood, Harness
- Menlo Ventures
- Details: Menlo Ventures is a venture capital firm that has been investing in technology companies since 1976. They provide capital and strategic support to innovative startups.
- Investment Focus Areas: Enterprise software, consumer internet, healthcare
- Notable Investments: Uber, Roku, Warby Parker
- M12 - Microsoft's Venture Fund
- Details: M12 is the venture capital arm of Microsoft, focusing on investments in early-stage technology companies. They leverage Microsoft's resources to help startups grow.
- Investment Focus Areas: Artificial intelligence, cybersecurity, cloud computing
- Notable Investments: Livongo, Innovaccer, Asana
- Thomvest Ventures
- Details: Thomvest Ventures is a venture capital firm that invests in technology and financial services companies. They provide long-term capital and strategic support.
- Investment Focus Areas: Fintech, cybersecurity, enterprise software
- Notable Investments: LendingClub, Kabbage, SoFi
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