RELEX company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

Founded Year



Growth Equity - IV | Alive

Total Raised




Last Raised

$568.43M | 6 mos ago

Mosaic Score

+10 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.


RELEX provides an integrated retail and supply chain planning system. The company offers a platform for demand planning, merchandising, supply chain, retail operations and more. It serves retail enterprises globally. The company was formally known as RELEX Solutions. It was founded in 2005 and is based in Helsinki.

RELEX Headquarters Location

Postintaival 7

Helsinki, FI-00230,


+358 (0) 20 743 5730

ESPs containing RELEX

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Transportation & Logistics / Supply Chain Tech

Demand forecasting and inventory optimization platforms utilize sales data and other relevant metrics to drive improvements in the inventory planning process. Startups in the space use prediction engines and supply chain planning algorithms to help retailers improve ordering accuracy, boost sales, and decrease waste.

RELEX named as Leader among 7 other companies, including Brightpearl, Impact Analytics, and

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing RELEX

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

RELEX is included in 8 Expert Collections, including Store management tech (In-store retail tech).


Store management tech (In-store retail tech)

1,967 items

Startups aiming to work with retailers to improve brick-and-mortar retail store operations.


Supply Chain & Logistics Tech

4,054 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).


Unicorns- Billion Dollar Startups

1,182 items


Conference Exhibitors

5,302 items


Retail Tech 100

100 items

The winners of the 2020 CB Insights Retail Tech 100, published December 2020.


Pharma Supply Chain

99 items

Private companies that are addressing 11 distinct technology priorities across the pharmaceutical supply chain.

Latest RELEX News

Former Amazon employee talks forecasting and assortment challenges and RELEX move

Jul 8, 2022

Between 2019 and 2021, Sebron H served as Inventory Manager at Amazon.Nowadays, he’s a Business Consultant | Global KPI Advisor at RELEX Solutions.And he’s taken to LinkedIn to give an interesting take on how things work at his former employer.“Early on in my time at Amazon, before anyone knew Amazon Fresh stores were going to roll-out to the market, I sat in a meeting where we discussed our forecasting and assortments,” he said.“I spent the entire meeting thinking "this would be so much easier if we just had RELEX". So after the meeting I suggested to a handful of our leadership members that we should simply buy RELEX (like all of it, the entire company - not just a few of their product offerings).”He added: “In hindsight, it's lucky for me we didn't! I spent two years knowing that no fancy in house build would be able to replace the ease and accuracy of RELEX.”“Eventually, the decision was easy, and I joined the company at the end of 2021. Brag fully intended - my timing was exceptional.”  How can #MachineLearning work for your business and its unique #Retail demand planning challenges?In our on-demand #webinar, RELEX experts discuss how machine learning can solve retail's most complex demand forecasting challenges. #ai— RELEX Solutions (@RelexSolutions) July 1, 2022 He went on to discuss “an incredible year”, with highlights including raising €500 million in a funding round led by Blackstone Growth, valuing the company at €5 billion and landing a number of new clients.He concluded: “I love supply chain. I enjoy the challenge of never knowing what new obstacle the market has waiting around the corner. TikTok trend? Pandemic? Another weird flavour of customer voted Lay's? Turning apples into apple juice before spoilage (anyone else watch Jack Sinclair’s TEDxTalk)?”
“I want everyone to have the opportunity to manage the best supply chain. I want people to spend less time on forecast adjustments and more time exploring their customer buying trends, imagining new product opportunities.”“I want team members to feel empowered by owning business areas with healthy in-stock levels, low scrap impacts, and the opportunity to utilise open dollars with intention. I want everyone to experience RELEX!”Responding to the LinkedIn post, supply chain consultant, Brittain Ladd, gave his own experience of working at Amazon. “I was in a similar situation. The process for identify where to open distribution centres to support Amazon Fresh was needlessly complex,” he said. “I recommended to buy LLamasoft. That wasn’t approved. I then recommended that we purchase user licences for Supply Chain Guru, the company’s product. That wasn’t approved.”He continued: “I went ahead and contracted resources from LLamasoft anyway to build network optimisation models. We did more in two months using Supply Chain Guru than the team responsible for opening Amazon Fresh distribution centres could have done in one year.”“I’m glad things have turned out well for you, Sebron. I think very highly of RELEX.”

RELEX Web Traffic

Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo


  • When was RELEX founded?

    RELEX was founded in 2005.

  • Where is RELEX's headquarters?

    RELEX's headquarters is located at Postintaival 7, Helsinki.

  • What is RELEX's latest funding round?

    RELEX's latest funding round is Growth Equity - IV.

  • How much did RELEX raise?

    RELEX raised a total of $792.36M.

  • Who are the investors of RELEX?

    Investors of RELEX include Blackstone, Technology Crossover Ventures, Summit Partners and Horizon 2020.

  • Who are RELEX's competitors?

    Competitors of RELEX include Afresh, Shopventory, HIVERY, CognitOps, Flexe,, Flowlity, Scandit, Crisp, Focal Systems and 43 more.

You May Also Like

Shelf Engine Logo
Shelf Engine

Shelf Engine offers a prediction engine that recommends what is needed for grocery/food retailers by managing inventory. The company uses machine learning and proprietary, predictive models to generate accurately forecasted orders of perishables for retail stores to eliminate food waste. Shelf Engine provides its services to grocery and food retailers. The company was founded in 2015 and is based in Seattle, Washington.

Afresh Logo

Afresh is a technology company that develops AI-powered solutions to optimize critical functions in fresh food, including ordering, inventory, merchandising, and operations. Afresh reduces food waste, improves its partners' profitability, and makes fresher, healthier food more accessible to all. Afresh serves grocers throughout the United States. The company was founded in 2017 and is based in San Francisco, California.

Symphony RetailAI Logo
Symphony RetailAI

Symphony RetailAI is a global provider of Artificial Intelligence-enabled decision platforms, solutions and customer-centric insights that drive validated growth for retailers and CPG manufacturers, from customer intelligence to personalized marketing, and merchandising and category management, to supply chain and retail operations.

Nextail Labs Logo
Nextail Labs

Nextail is a cloud-based software that uses advanced analytics and optimization algorithms based on fast fashion paradigms to improve inventory allocation and store operations. The company provides B2B services to the retail industry globally. The company was founded in 2014 and is based in Madrid, Spain.

Vekia Logo

Vekia creates supply chain visibility software solutions for retailers. The company focuses on sales forecasting and supply chain optimization, customer load forecasting and, more generally, machine learning for retail.


Alloy is a supply chain platform that connects consumer goods companies directly to end-consumer demand.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.