Relex Solutions
| Private | |
| ISIN | 🆔 |
| Industry | Software |
| Founded 📆 | 2005 |
| Founder 👔 | |
| Headquarters 🏙️ | Helsinki, Finland |
Area served 🗺️ | |
Key people | Mikko Kärkkäinen (CEO) Michael Falck (Co-founder) Johanna Småros (Co-founder) |
| Members | |
Number of employees | |
| 🌐 Website | www.relexsolutions.com |
| 📇 Address | |
| 📞 telephone | |
Relex Solutions, stylised as RELEX Solutions, is a Finnish software company based in Helsinki that specializes in supply chain and retail planning solutions.
History and overview[edit]
The company was founded in 2005 by Mikko Kärkkäinen, Johanna Småros, and Michael Falck.[1][2] It offers the Relex Living Retail Platform, a cloud-based solution that focuses on demand planning, merchandising, supply chain management, and workforce planning.[3][4][5]
Relex Solutions acquired Galleria in 2016 for category planning,[5][6] Zenopt in 2019 for workforce planning,[7][8] Formulate in 2022 for promotion planning,[9][10][11] and Optimity in 2024 for upstream supply chain planning.[12][13][14][15]
Relex has secured €20 million in 2015,[6][16][17] $10 million from Summit Partners in 2017,[18] $200 million from TCV in 2019,[16][19][20] and €500 million from Blackstone Group in 2022.[21][22][23][17]
Awards[edit]
Relex Solutions received the Technology Project of the Year and the Supply Chain and Logistics Award at the Retail Systems Awards in 2019.[24]
References[edit]
- ↑ "RELEX Solutions CEO and Key Executive Team".
- ↑ "RELEX Solutions - Org Chart, Teams, Culture & Jobs". THE ORG. Retrieved 2024-03-24.
- ↑ "RELEX Solutions and Accenture to Help Lowe's Enhance Inventory Planning". newsroom.accenture.com. Retrieved 2024-03-24.
- ↑ "383: Transform Your Supply Chain and Retail Planning, with RELEX Solutions • Let's Talk Supply Chain". 2024-01-02. Retrieved 2024-03-24.
- ↑ 5.0 5.1 "Relex Solutions Among Apps Top 500".
- ↑ 6.0 6.1 Tirico, Klaudia (2017-09-13). "RELEX Solutions Secures Second Funding Round". Retail TouchPoints. Retrieved 2024-03-24.
- ↑ "RELEX Solutions acquires Zenopt | 2019-06-27 | Refrigerated & Frozen Foods". www.refrigeratedfrozenfood.com. Retrieved 2024-03-24.
- ↑ "RELEX Solutions Fuels Growth with Additional Funding from Summit Partners". www.summitpartners.com. Retrieved 2024-03-24.
- ↑ Novac, Dragos. "Formulate was acquired by Relex Solutions". Nordic 9. Retrieved 2024-03-24.
- ↑ "RELEX Solutions announces Formulate acquisition". Retail Technology Innovation Hub. 2024-03-24. Retrieved 2024-03-24.
- ↑ developer (2022-05-13). "RELEX Solutions Acquires Formulate to Advance Promotional Planning Solutions as Part of Unified Platform". Multichannel Merchant. Retrieved 2024-03-24.
- ↑ PYMNTS (2024-01-03). "Relex Acquires Optimity to Bolster Retail and Supply Chain Platform". PYMNTS.com. Retrieved 2024-03-24.
- ↑ "RELEX Solutions acquires supply chain vendor Optimity". Nucleus Research. Retrieved 2024-03-24.
- ↑ "RELEX Solutions, Optimity Acquisition to Unify Upstream Supply Chain Planning and Optimization". Food Logistics. 2024-01-03. Retrieved 2024-03-24.
- ↑ "Finland's RELEX Solutions acquires Sweden-based Optimity to bolster its retail and supply chain platform | Silicon Canals". 2024-01-03. Retrieved 2024-03-24.
- ↑ 16.0 16.1 "RELEX SOLUTIONS FUNDING". app.dealroom.co. Retrieved 2024-03-24.
- ↑ 17.0 17.1 "RELEX Solutions Raises €500M to Help Retailers and Brands Avoid Food Waste and Tackle Disruptions in Global Supply Chains". www.summitpartners.com. Retrieved 2024-03-24.
- ↑ "Summit Partners | Companies | RELEX Solutions". www.summitpartners.com. Retrieved 2024-03-24.
- ↑ "Relex | TCV". www.tcv.com. Retrieved 2024-03-24.
- ↑ "RELEX Solutions: Revenue, Competitors, Alternatives". growjo.com. Retrieved 2024-03-24.
- ↑ "Relex Solutions raises €500 million in Blackstone led round, now at €5 billion valuation". Tech.eu. 2022-02-17. Retrieved 2024-03-24.
- ↑ Marston, Jennifer (2022-02-19). "Brief: Relex raises $568m to help grocery retailers fight food waste". AgFunderNews. Retrieved 2024-03-24.
- ↑ "RELEX Solutions valuation is $5.68B after Blackstone financing. RELEX Solutions competitors in the retail supply chain market include Crisp, Antuit.ai, NewStore, Afresh, and Logility".
- ↑ "Retail Systems Awards". www.retail-systems.com. Retrieved 2024-03-24.
This article "Relex Solutions" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Relex Solutions. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
