Total amount raised
$62 Million
Latest funding date
2024-10-10
Location
Relyance AI has developed a robust platform specializing in AI and data security solutions, offering continuous monitoring and real-time detection of data flows from source code to cloud runtime to AI models. The platform features specialized experts in data security, AI governance, and privacy, ensuring comprehensive protection and compliance for its users.
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 within the AI and data security industry, offering a platform that specializes in real-time data tracking and compliance automation. The company is located at 1900 South Norfolk St., Suite 350, San Mateo, CA.
Relyance AI's platform is designed to handle the complexities of modern data flows, providing solutions for data security, AI governance, and privacy. The AI-native architecture integrates seamlessly with existing tech stacks, offering actionable insights to prevent data breaches and ensure regulatory compliance.
How Much Funding Has Relyance AI Raised?
- Seed Round
- Amount Raised: USD 5,000,000
- Date: September 2021
- Lead Investors: Unusual Ventures
- Series A
- Amount Raised: USD 25,000,000
- Date: September 2021
- Lead Investors: Menlo Ventures, Unusual Ventures
- Series B
- Amount Raised: USD 32,000,000
- Date: October 2024
- Lead Investors: M12 - Microsoft's Venture Fund, Thomvest Ventures
Relyance AI has raised a total of USD 62,000,000 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 startups.
- Investment Focus Areas: Enterprise, consumer, 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 offer not just funding but also access to Microsoft's resources and expertise.
- Investment Focus Areas: Artificial intelligence, cybersecurity, cloud computing
- Notable Investments: Livongo, Innovaccer, Aqua Security
- Thomvest Ventures
- Details: Thomvest Ventures is a venture capital firm that invests in early and growth-stage companies. They focus on long-term partnerships and strategic support.
- Investment Focus Areas: Fintech, cybersecurity, real estate technology
- Notable Investments: LendingClub, Kabbage, SoFi
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