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Venture Capital News: Relish Completes $10M Series A Round

2024-02-29
CLEVELAND, OH, Relish today announced it has closed a $10 million Series A funding round from Volition Capital.
Relish, the leading provider of solutions for businesses to optimize procurement systems and processes, today announced it closed a $10 million Series A funding round from Boston-based growth equity firm, Volition Capital. Since its founding in 2020, the company rapidly established itself as a dominant provider of solutions that enable customers to optimize and maximize the value of their existing procurement software investments such as SAP, Coupa, and Workday.

Relish empowers businesses to maximize the value of their existing enterprise software investments. The company provides solutions that protect against third-party risk, validate supplier data, and automate invoicing. Relish's AI-powered Procurement Assistant seamlessly integrates into existing systems and uses natural language conversations to provide real-time answers on spend analysis and other core procurement functions. Some of the world's most recognized brands including Pepsi, PayPal, Foot Locker, and Moody's use Relish's solutions.
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