RELEX
Founded Year
2005Stage
Growth Equity - IV | AliveTotal Raised
$792.36MValuation
$0000Last Raised
$568.43M | 3 yrs agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-31 points in the past 30 days
About RELEX
RELEX is a company that focuses on supply chain and retail planning in the retail and consumer goods industry. The company offers a unified platform that helps retailers and consumer brands optimize their planning across demand, merchandise, supply chain, and operations, aiming to maximize customer satisfaction and minimize operational costs. RELEX primarily sells to the retail industry and consumer goods companies. RELEX was formerly known as RELEX Solutions. It was founded in 2005 and is based in Helsinki, Finland.
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ESPs containing RELEX
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The demand forecasting & inventory optimization market offers solutions that utilize sales data and other relevant metrics to drive improvements in the inventory planning process and supply chain planning (SCP). These solutions use advanced technologies such as artificial intelligence and machine learning to forecast demand accurately across sales channels and help plan more efficient and cost-eff…
RELEX named as Leader among 15 other companies, including Kinaxis, Manhattan Associates, and McKesson.
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Research containing RELEX
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned RELEX in 6 CB Insights research briefs, most recently on Feb 23, 2024.
Feb 23, 2024
The pharma supply chain tech market mapApr 7, 2022 report
State of Venture Q1’22 ReportJan 20, 2022 report
Why Retail Store Leaders Are Prioritizing Shelf Management SolutionsExpert 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 7 Expert Collections, including Store tech (In-store retail tech).
Store tech (In-store retail tech)
2,238 items
Companies that make tech solutions to enable brick-and-mortar retail store operations.
Supply Chain & Logistics Tech
4,972 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
1,244 items
Market Research & Consumer Insights
734 items
This collection is comprised of companies using tech to better identify emerging trends and improve product development. It also includes companies helping brands and retailers conduct market research to learn about target shoppers, like their preferences, habits, and behaviors.
Conference Exhibitors
5,302 items
Retail Tech 100
100 items
The most promising B2B tech startups transforming the retail industry.
RELEX Patents
RELEX has filed 2 patents.
The 3 most popular patent topics include:
- drilling technology
- structural geology
- differential topology
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
8/28/2020 | 2/7/2023 | Engine technology, Surveying, Structural geology, Engine components, Drilling technology | Grant |
Application Date | 8/28/2020 |
---|---|
Grant Date | 2/7/2023 |
Title | |
Related Topics | Engine technology, Surveying, Structural geology, Engine components, Drilling technology |
Status | Grant |
Latest RELEX News
Sep 18, 2024
Elvenite Wed, Sep 18, 2024 07:30 CET The strategic partnership will enhance data-driven decision making and operational efficiency in the Nordic food and beverage sector Stockholm, Sweden – September 18, 2024 – RELEX Solutions, a provider of unified supply chain and retail planning solutions, has partnered with Elvenite AB , a Swedish consultancy firm known for their expertise in digitization, with specialism in the food industry. Together, they aim to support food and beverage (F&B) customers in the Nordic region to become more data-driven and optimize their supply chain processes, through the RELEX AI-driven retail and supply chain platform and Elvenite’s deep industry consulting expertise. Since their establishment in 2007, Elvenite has focused on creating growth and business value for Scandanavia’s leading food companies, with the aim to make the industry work smarter. As part of the publicly-listed CombinedX, a consortium of knowledge-driven companies, Elvenite has a strong track record and extensive experience working on data-driven projects for large enterprises. They had also previously partnered with Optimity, the Swedish supply chain planning and optimization partner that RELEX recently acquired . The scope of the collaboration will include RELEX solutions for end-to-end supply chain planning and optimization for retail, wholesale, CPG and manufacturing customers. Together, they will offer comprehensive solutions that provide customers with a unique combination of strategic insight and technological capability. This will enhance demand forecasting, inventory management, and operational efficiency, ultimately helping food industry businesses to better meet consumer demands and reduce waste. “The partnership with RELEX is a natural step for us at Elvenite, allowing us to continue delivering business value to our customers and making the industry smarter. Our combined expertise will provide businesses in the food industry with the tools and knowledge they need to optimize supply chains, improve sustainability, and drive growth,” said Mathias Dyberg, CEO, Elvenite AB. “Elvenite’s extensive experience in the F&B industry made them the obvious choice and underscores our shared vision of empowering businesses to plan smarter, operate more efficiently and achieve sustainable growth. This will ensure that our customers receive unparalleled support, tailored to their unique needs,” said Mikko Kärkkäinen, Group CEO and Co-founder, RELEX Solutions. For more information, please contact: Jolene Peixoto About RELEX RELEX Solutions provides a unified supply chain and retail planning platform that aligns and optimizes demand, merchandising, supply chain, operations and production planning across the end-to-end value chain. We help retailers and consumer goods companies like ADUSA, AutoZone, Coles, Dollar Tree and Family Dollar, M&S Food, PetSmart, and The Home Depot drive profitable growth across all sales and distribution channels, leading to higher product availability, increased sales, and improved sustainability. Learn more at: https://www.relexsolutions.com/customers/ About Elvenite With extensive knowledge of how the opportunities of digitalization can improve business results, Elvenite is the obvious choice for digital transformation within the food industry. By combining industry knowledge with technical expertise, we meet companies where they are today and take them to the next level. Elvenite is part of CombinedX, a publicly traded family of knowledge companies that helps businesses and organizations take advantage of digitalization opportunities. For more information, visit elvenite.se.
RELEX Frequently Asked Questions (FAQ)
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 Houston Analytics, Fountain9, Crisp, ToolsGroup, Aravita and 7 more.
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Compare RELEX to Competitors
Alloy is a technology company that focuses on providing actionable demand and inventory insights for consumer brands. The company offers a data platform that integrates point-of-sale, inventory, and supply chain data, providing real-time visibility into consumer demand and inventory for brands. Alloy primarily serves the consumer goods industry. It was founded in 2012 and is based in San Francisco, California.
Nextail is a merchandise planning platform that specializes in the fashion industry, leveraging AI and advanced analytics to optimize retail operations. The company offers solutions for assortment planning, buying, reorder, allocation and replenishment, inventory rebalancing, and store operations, aimed at increasing sales and margins while reducing stock levels. Nextail primarily serves the fashion apparel, jewelry and accessories, luxury and designer, fashion footwear, outdoor and sportswear, and lingerie and swimwear sectors. It was founded in 2014 and is based in Madrid, Spain.
Union Crate aims to automate supply chain management using predictive analytics and strategic data to simplify digital transformation. It was founded in 2016 and is based in New York, New York.
NewStore specializes in omnichannel retail solutions, focusing on enhancing the shopping experience across various customer touchpoints. The company offers a suite of services including point of sale, order management, inventory management, and clienteling, all integrated into a mobile-first platform. NewStore primarily serves the retail industry, enabling brands to unify their in-store and online sales channels. NewStore was formerly known as GoodsCloud. It was founded in 2015 and is based in Boston, Massachusetts.
Vekia specializes in supply chain management solutions within the retail industry. The company offers predictive analytics and demand forecasting services powered by machine learning to optimize stock levels and automate inventory management. Vekia's solutions are designed to improve performance and efficiency for retailers by simplifying supply chain processes and enabling data-driven decision making. It was founded in 2008 and is based in Lille, France.
o9 Solutions develops an artificial intelligence-powered business planning platform. The company features graph-based enterprise modeling, big data analytics, advanced algorithms for scenario planning, collaborative portals, interfaces, and cloud-based delivery. It was founded in 2009 and is based in Dallas, Texas.
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