An Australian start-up that is going head-to-head with some of the world’s biggest technology companies to build the advancing army of artificial intelligence agent workers, has attracted Silicon Valley royalty investors as it looks to cash in on 2025’s hottest trend in business IT.
Relevance AI, which was co-founded by high school friends Jacky Koh and Daniel Vassilev in 2020, has banked a $US24 million ($37 million) funding round led by Bessemer Ventures, an early backer of LinkedIn, Shopify, Pinterest, Twitch and Yelp.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
