Relyance AI announced $30 million in Series A and seed funding today backed by Menlo Ventures and Unusual Ventures. Relyance is one of the most popular placements with Recruiting From Scratch applicants.
Relyance uses machine learning to ingest contracts and existing legal documents to ensure that data stays in compliance while working at the code level. Their algorithm allows their clients to monitor how personal data moves through their code, applications, infrastructure, and to third-party vendors. Their clients are able to manage data protection and privacy – and they’ve already added some big name clients including Patreon, Dialpad, and Samsara.
Leaders at Relyance told TechCrunch that they are hoping to add up to 70 new employees in the next 12 to 18 months with their newly announced funding. If you’re interested in working at this compliance-focused and quickly growing startup, check out some job openings here:
Senior Software Engineer, Program Analysis
Senior Software Engineer, Machine Learning