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Individuals may work closely with AI agents as they become increasingly prevalent in the workplace . harmonise to a report by Boston Consulting Group , the market for AI agents is have a bun in the oven to develop at a 45 % compound annual growth rate over the next five geezerhood .
Just like human employees , AI agents could be onboarded to learn various roles , access company info and business context , and integrate into workflow . In addition , unlike traditional automation tools , AI agent have the potential to constantly adapt and improve their operation .
Relevance AI , a San Francisco- and Sydney - found startup modernise an AI agent “ operating system ” to enable businesses to build teams of AI agents , has raised $ 24 million in Series B funding led by Bessemer Venture Partners . Returning investors King River Capital , Insight Partners , and Peak XV also enter , institute Relevance ’s total nurture to $ 37 million . The company did not render its rating .
The fundraising come about a class and a half after the startup closedits Series A. Relevance state that it has experience speedy growth , with 40,000 AI agents registered on its platform in January 2025 alone .
Customers include Qualified , Activision , and Safety Culture .
relevancy has to compete with players in the AI broker blank likeRetell , Qeen.ai , SmythOS , Gooey . AI , Cykel AI , andMicrosoft . The 5 - year - old troupe hear agent detergent builder platforms , vertical factor software program , and agent engineering frameworks as its contention , harmonise to co - CEO and co - founder Daniel Vassilev .
“ [ W]e’ve even seen officeholder like Salesforce make a big wager on the note value of agents , ” Vassilev told TechCrunch in an audience . “ [ Relevance ] enable[s ] develop the broker to really specialize in the recession work flow of their organisation . We ’re also tool- and framework - agnostical , allowing our customer to leverage their entire tech mess across their entire business rather than just a single vendor ’s ecosystem . ”
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Relevance enjoin that it ’ll use its newfangled funding to further enhance the product capacity of its AI agents and cater support to customers in its primary market of Australia and the U.S. Vassilev has relocate to San Francisco to open Relevance ’s office and build up up its go - to - market place team there . The company say it has 80 citizenry across its San Francisco and Sydney federal agency today , up from 19 employee in 2023 .
Coinciding with its Series B funding , Relevance is introducing two new features on its weapons platform . “ Workforce ” is a no - codification multi - agent scheme designed to help non - expert professionals and engineers work up specialized teams of agents to get together like human employee , completing complex process from start to finish . “ Invent ” is a pecker that lets users create AI agent using text prompts .
