PropTech
RELEX raises $200 million venture round
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The retail tech platform helps e-commerce companies and traditional retailers make better decisions.
RELEX has raised a $200 million funding round led by TCV. The company provides an integrated retail and supply chain planning system, according to TechCrunch.
Dig Deeper: RELEX helps brick-and-mortar retailers and e-commerce companies make better forecasts of which products will sell. With AI and machine learning, retailers benefit from guidance and planning on how and what should be stocked for purchasing.
A lean startup running a great business: RELEX has been around for awhile and has only needed $23 million to get to this point. Well done!
