Bulgaria
Releva, founded in 2020, has rapidly positioned itself as a key player in optimizing customer value for B2C and B2B2C brands. With a compelling slogan, "Decisioning AI for Customer Value Optimization," Releva serves diverse industries, including automotive, fashion, financial services, real estate, and mobility.
This Bulgarian-based company acts as a crucial decision-making layer that goes beyond typical engagement metrics like clicks and ROAS, instead focusing on steering each customer towards their highest lifetime value state at the lowest cost. Its impressive metrics—included a 13x growth, zero enterprise churn, an average customer ROI of 53x, and a 257% Net Revenue Retention (NRR) for the 2023 enterprise cohort—underscore Releva's potential.
A profitable operation, Releva recently secured an $870K seed investment from New Vision 3 Fund, HR Capital, and NVEST VENTURE. With a foothold among unicorn brands across Europe, Southeast Asia, and the Middle East, Releva is well-positioned for continued growth.
Black Crow AI
