TechCrunch Startup News Relevance AI raises $24M to help businesses build AI agents
May 8, 2025
The growing role of AI agents in workplaces is fascinating, with a projected market boom of 45% over the next five years. A recent $24 million funding round for Relevance AI is set to propel their mission in this space. The company aims to empower non-technical users to create and manage sophisticated AI agents, making technology more accessible. Tune in to learn about the exciting future of AI in business!
AI Snips
Chapters
Transcript
Episode notes
AI Agent Market Growth Insight
- The AI agent market is projected to grow at a 45% compound annual growth rate over five years.
- AI agents can onboard like humans, learn roles, and integrate deeply into business workflows.
Relevance AI Raises $24M
- Relevance AI developed an AI agent operating system enabling business teams of AI agents.
- It raised $24 million led by Bessemer Venture Partners, highlighting strong investor confidence.
Relevance AI Growth and Flexibility
- Relevance AI has rapid growth with 40,000 AI agents registered in January 2025 alone.
- Their platform is tool and model agnostic, allowing seamless integration across customers' tech stacks.