Individuals can work closely with artificial intelligence agents as they become more and more widespread in the workplace. According to a Boston Consulting Group report, the artificial intelligence agents market should grow at an annual growth rate composed of 45% in the next five years.
Just like human employees, artificial intelligence agents could be on board to learn various roles, access company information and corporate contexts and integrate into work flows. In addition, unlike traditional automation tools, artificial intelligence agents have the potential to constantly adapt and improve their operations.
Relevance Ai, a startup based in San Francisco and Sydney who develops an “operating system” Age to allow companies to build teams of artificial intelligence agents, has collected $ 24 million in funding from the B series led by Bessemer Venture Partners. The return of King River Capital, Insight Partners and Peak XV investors also participated, bringing the total relevance to $ 37 million. The company did not provide its evaluation.
The fundraising comes about a year and a half after the startup has closed its Serie A. Relevance claims to have undergone rapid growth, with 40,000 artificial intelligence agents recorded on its platform.
Customers include qualified, active and safety culture.
The relevance must compete with the players in the space of agents to as Retell, Qeen.ai, Smythos, Gooey.ai, Cykel Ai and Microsoft. The five-year-old company sees manufacturers, software for vertical agents and engineering engineering platforms such as competition, according to the co-cer and co-founder Daniel Vassilev.
“(W) has even seen historical operators how Salesforce make a great bet on the value of the agents,” Vassilev said to Techcrunch in an interview. “(Relevance) allow the formation of the agent to really specialize in the niche work flows of their organization. We are also agnostic for the tools and the model, allowing our customers to exploit the entire technological stack in all their activities rather than only the ecosystem of a single supplier.”
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The relevance states that it will use its new funding to further improve the capacity of the product of its agents AI and provide support to customers in its main Australia markets and the United States Vassilev moved to San Francisco to open the relevance office and build its Go-to-Market team there. The company claims to have 80 people in the San Francisco and Sydney offices today, compared to 19 employees of 2023.
In conjunction with the financing of the Serie B, the relevance is introducing two new features on its platform. “Workforce” is a multi-agent system without code designed to help professionals and non-technical engineers build teams of specialized agents to collaborate as human employees, completing complex processes from start to finish. “Invent” is a tool that allows users to create artificial intelligence agents using text instructions.
