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RELEX Solutions

Founded 2005 · 2,327 employees · 5 known investors

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RELEX provides an AI-native supply chain and retail planning platform offering out-of-the-box forecasting, inventory, and demand-planning capabilities that customers can deploy, connect to existing AI ecosystems via open protocols, or extend with custom logic. It serves retailers and manufacturers, including sectors such as pharmaceuticals and fashion.

AI & Machine LearningLogistics & Supply ChainRetail TechSaaS

Founders & leadership

RELEX Solutions was founded in 2005 by Mikko Kärkkäinen, Johanna Småros, and Michael Falck.

MKMikko Kärkkäinen
Mikko KärkkäinenCo-founder & Group Chief Executive OfficerMikko Kärkkäinen co-founded RELEX Solutions with two fellow logistics researchers from Helsinki University of Technology and holds a PhD in supply chain management. He has served as Group Chief Executive Officer for 15 years, leading the company's growth into a provider of supply chain planning software serving retailers and manufacturers globally.
JSJohanna Småros
Johanna SmårosCo-founderJohanna Småros joined the Logistics Research Group at Helsinki University of Technology in the late 1990s and completed a doctoral dissertation on retailer-supplier collaboration; she co-founded RELEX Solutions in 2005 with two fellow researchers to commercialize supply chain research.
MFMichael Falck
Michael FalckCo-founder

Investors · 5

Summit Partnerslisted by Summit PartnersBoston · $10M – $500M

How we know: Summit Partners's portfolio page · funding news · summitpartners.com · Not right? Tell us

TCVlisted by TCVMenlo Park · $10M – $500M

How we know: TCV's portfolio page · a partner's Signal profile · funding news · press coverage · Not right? Tell us

Blackstonereported

How we know: funding news · Not right? Tell us

Also in the syndicate · 1

Blackstone Growth (BXG)lead

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through RELEX Solutions went on to found or lead other companies.

Hai TaPost-SalesFounded UserlensLukas SaariTechnology Summer InternFounded Tandem Health

Acquisitions · 1

Early investors' stakes continue via these deals
Formulate

Formulate was a Stockholm-based startup that built DecisionCloud, an analytics platform helping retailers plan and forecast promotional campaigns.

In the news

Blackstone and TCV Increase Investment in RELEX Solutions | RELEX Solutionsrelexsolutions.com · Dec 2024RELEX Solutions raises €500M from Blackstone Growth at €5Bn valuation | RELEX Solutionsrelexsolutions.com · Feb 2022

Frequently asked questions

What does RELEX Solutions do?
RELEX provides an AI-native supply chain and retail planning platform offering out-of-the-box forecasting, inventory, and demand-planning capabilities that customers can deploy, connect to existing AI ecosystems via open protocols, or extend with custom logic. It serves retailers and manufacturers, including sectors such as pharmaceuticals and fashion.
Who founded RELEX Solutions?
RELEX Solutions was founded by Mikko Kärkkäinen, Johanna Småros, Michael Falck in 2005.
Who are RELEX Solutions's investors?
RELEX Solutions's investors include J12 Ventures, Summit Partners, TCV, Blackstone.