Relish, a Cleveland, OH-based provider of solutions for businesses to optimize procurement systems and processes, raised $10M in Series A funding.
The round was led by Volition Capital.
The company intends to use the funds to achieve its goals for continued sustainable and profitable growth, and grow the team (currently 60) to 75 by the end of 2024.
Led by CEO and Founder Ryan Walicki, Relish empowers businesses to optimize the value of their existing enterprise software investments. The company provides solutions that protect against third-party risk, validate supplier data, and automate invoicing. Its AI-powered procurement assistant integrates into existing systems and uses natural language conversations to provide real-time answers on spend analysis and other core procurement functions. Some brands including Pepsi, PayPal, Foot Locker, and Moody’s already use the company’s solutions.
FinSMEs
29/02/2024