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Blog Post · December 4, 2024

Relish Secures $25 Million in Series B Funding: Transforming Enterprise Software with AI and Intelligent Process Automation

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Cleveland, Ohio, February 19, 2025 — Relish, a leading enterprise app development company, today announced it closed $25M in Series B funding from Base10 Partners with participation from Volition Capital.

Base10 logo

Since its founding in 2021, Relish has rapidly established itself as a dominant provider of solutions that optimize and maximize procurement software investments.

“Relish is fast becoming the leading unified platform for businesses to drive compliance automation. In getting to know their strong leadership team and hearing extremely positive feedback from an enviable set of customers, we were thrilled to partner with Relish and lead their Series B. We are looking forward to supporting their future as an automation platform that integrates seamlessly with enterprise systems like SAP, Coupa, and Workday, something that Real Economy businesses need but have struggled to find in this market until now.”

Jason Kong headshot

Jason Kong

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Partner at Base10 Partners

Relish attributes its growth to over 200 global customers to increased market demand for micro applications, AI assistants, and other solutions that drive greater efficiency, optimization, and fraud protection for enterprise procurement and accounts payable processes.

Relish’s unwavering dedication to building high-quality software and providing best-in-class support have attracted top notch talent, seasoned executives, and enthusiastic investors.

“Automatic supplier validation and complex invoicing processing can be particularly challenging for organizations, even when leveraging the best enterprise applications on the market. Our solutions are embedded within existing enterprise software UI providing seamless solutions to maximize ROI.”

Ryan Walicki

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Relish CEO

In just four years, Relish cemented partnership with industry leaders, such as CoupaSAPServiceNow, and Workday and grew the team to over 100 global employees.

This year, Relish will continue to focus on further global market penetration, new app solutions, and growing the team to support sustained double-digit growth.

“We are thrilled to increase our investment in Relish. Ryan and team are innovating around large gaps of functionality in mission-critical segments of enterprise software, such as procurement, to increase automation and ensure compliance in a fragmented ecosystem. Relish is experiencing rapid adoption with both customers and partners, and the business is now well-positioned to extend its reach and optimize many more inefficient processes throughout an organization.”

Roger Hurwitz

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Managing Partner at Volition Capital

About Relish

Relish is a user-first B2B app development and platform company designed to extend enterprise applications to maximize investment, protect against third-party risk, validate supplier data, automate invoicing, and help procurement teams across industries, company sizes, and digital maturity manage information, tasks, and processes.

About Base10 Partners

Founded by Adeyemi Ajao and TJ Nahigian, Base10 is a San Francisco-based venture capital fund investing in founders who believe purpose is key to profits and in companies that are automating sectors of the Real Economy.

Through its program the Advancement Initiative, Base10 donates a portion of profits to underfunded colleges and universities to support financial aid and other key initiatives.

Portfolio companies include NotionFigmaNubankStripePopmenuNowports, and Chili Piper.

Connect with Base10 via base10.vc.

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Relish
info@relishiq.com

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