Relyance AI

Data protection and privacy compliance platform

Mountain View, California, United States

About Relyance AI

Relyance AI specializes in data protection and privacy compliance by using machine learning to create a real-time inventory and map of personal data flows within organizations. Their software-as-a-service (SaaS) platform allows clients to monitor data processing activities, ensuring compliance with privacy regulations. What makes Relyance AI different is its focus on automating data tracking, which reduces manual workflows and compliance risks. The company's goal is to help organizations maintain user trust and meet regulatory requirements effectively.

Mountain View, CaliforniaHeadquarters
2020Year Founded
$60.3MTotal Funding
SERIES_BCompany Stage
Enterprise Software, Cybersecurity, AI & Machine LearningIndustries
51-200Employees

Risks

Emerging competition from platforms like OneTrust and TrustArc.
Frequent updates needed due to evolving AI regulations increase costs.
Complex data privacy laws across jurisdictions challenge universal compliance.

Differentiation

Relyance AI uses machine learning for real-time data flow mapping.
The platform offers asset-level visibility and lineage for sensitive data.
Relyance AI integrates privacy compliance directly into code bases.

Upsides

Raised $32M in Series B funding, enhancing growth and innovation.
Named a 2023 Gartner Cool Vendor in Privacy, boosting credibility.
Growing demand for AI-driven compliance solutions supports market expansion.

Funding

Total raised$60.31 M
Latest valuation$160.00 M
StageSERIES_B
$25
$125.00 M
SEED
1/31/2021
$5
$25.00 M