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Insight Partners Goes Early With Relevance Ai’S $3M Raise

Dec 03, 2021•over 3 years ago

Amount Raised

$3 Million

Round Type

seed

Description

New York-based venture capital and private equity firm Insight Partners has made its earliest investment on record in the region, coming on as the lead investor in local start-up Relevance AI’s $3 million round.

Company Information

Company

Insight Partners

About

The company, which was co-founded by high school friends Jacky Koh and Daniel Vassilev in 2020, is building a developer-centric “vector” platform that enables companies to develop AI models to extract insights from unstructured data quickly, with next to no labelling or algorithm training required.