Is Relevance AI profitable in 2026?

No profitability has been disclosed. Third-party estimates put Relevance AI's revenue under $5M as of July 2026, against roughly $37M to $42M raised since 2021, indicating the company is still burning capital rather than generating profit.

Is Relevance AI losing market share?

Yes. Ramp's vendor-adoption tracker shows Relevance AI's share of the AI-First GTM category fell 15 percentage points year-over-year to 21% as of July 14, 2026, with enterprise adoption under 1%.

Who is Relevance AI's biggest competitor?

Direct rivals include Lindy, n8n, Gumloop, StackAI, and Zapier Agents in the no-code agent-builder space, while Microsoft Copilot Studio, Salesforce Agentforce, and Google's Vertex Agent Platform compete as larger incumbents shipping similar features natively.

How much funding has Relevance AI raised?

Relevance AI has raised an estimated $37M to $42M total, including a $15M Series A in December 2023 and a $24M Series B led by Bessemer Venture Partners in May 2025, with no public valuation disclosed.

What is Relevance AI's revenue or ARR?

GetLatka estimated Relevance AI's ARR at roughly $2.9M in October 2024, up from about $2.1M in December 2023. ZoomInfo listed current revenue as under $5M as of July 2026.

AI companies and labs · Australia

Relevance AI

relevanceai.com ↗

No-code platform for building and running teams of AI agents.

Little protection left

Assessed 21 July 2026 · Evidence as of 21 July 2026

Not much stands between this business and its pressures.

On the recordSince 21 July 2026 · Checkable from Q4 2026 · Every call on the record Checkpoint: Next Ramp vendor-adoption reading, watched for continued or accelerating share decline

The call

A small agent-building layer squeezed between free-riding model makers above and bundled suite tools below, with adoption already sliding.

Relevance AI lets users build AI agents without coding by connecting templates, integrations, and monitoring tools. The company is getting squeezed from two directions: giant corporations like Microsoft, Salesforce, and Google have released their own agent builders with much bigger resources and customer bases, while simpler rival tools like n8n and Zapier are attacking from below with cheaper options. The one thing that could change the picture is if Relevance finds a specific industry or type of workflow where it becomes the obvious choice and rivals have not yet caught up, but right now it is losing customers year over year and has only tiny revenue compared to the money invested in it.

Why

AI pressure: OpenAI, Anthropic, and Google native agent-building tools. Model makers now ship agent builders and orchestration directly, letting customers skip Relevance AI's layer entirely. Could AI do the core job? Yes, likely.

Bigger players: Microsoft Copilot Studio, Salesforce Agentforce, Google Vertex Agent Platform. All three giants already sell agent-building tools bundled into suites customers already pay for, undercutting a standalone buy. Could a giant copy it? Yes, easily.

What protects it. Its template library and SMB-friendly setup give a speed edge, but nothing here is hard for a rival to copy.

What would change this call

Next Ramp vendor-adoption reading for Relevance AI (Q4 2026). Shows whether the 15-point YoY share decline is continuing, stabilizing, or reversing.
Whether Relevance AI closes a Series C within 6-12 months and at what valuation. Indicates investor confidence despite declining adoption share.
Whether Salesforce Agentforce or Microsoft Copilot Studio publicly report SMB-tier agent-builder wins. Would show incumbents expanding downward into Relevance AI's remaining stronghold.

Key numbers

Ramp adoption share down 15 points YoY (2026-07-14)
Enterprise adoption under 1% (2026-07-14)
~$2.9M ARR vs ~$37-42M raised (2026-07-06)

Named risks

Ramp data shows 15-point YoY category share decline as of July 2026. Severity: high
No proprietary data, lock-in, or hard moat identified beyond copyable templates and connectors. Severity: high
Enterprise adoption stuck under 1%, limiting path to larger contracts. Severity: medium
Revenue under $5M against $37M to $42M raised signals heavy capital burn. Severity: medium
Conflicting headcount reports (11-50 vs 80 employees) suggest possible instability. Severity: low

Rivals, as read in July 2026

Rival	Direction	Evidence
Microsoft Copilot Studio	gaining on	Native agent-builder shipped inside Microsoft's platform, no architectural conflict as of 2026
Salesforce Agentforce	gaining on	Reportedly cutting need to backfill support roles via AI agents, reported June 2026
Google Vertex AI Agent Platform	gaining on	Made Claude generally available on its Agent Platform, June 30, 2026
Lindy	contesting	Frequently compared head-to-head as a near-identical no-code agent builder in 2026 reviews
n8n	contesting	Open-source workflow rival positioned as a lower-cost alternative in 2026 comparison content

Questions people ask

Is Relevance AI profitable in 2026?: No profitability has been disclosed. Third-party estimates put Relevance AI's revenue under $5M as of July 2026, against roughly $37M to $42M raised since 2021, indicating the company is still burning capital rather than generating profit.
Is Relevance AI losing market share?: Yes. Ramp's vendor-adoption tracker shows Relevance AI's share of the AI-First GTM category fell 15 percentage points year-over-year to 21% as of July 14, 2026, with enterprise adoption under 1%.
Could AI replace Relevance AI's product?: Relevance AI's core offering is a no-code builder layered on top of frontier models like GPT and Claude. As Microsoft Copilot Studio, Salesforce Agentforce, and Google's Agent Platform ship native agent-building tools, the builder layer risks commoditization.
Who is Relevance AI's biggest competitor?: Direct rivals include Lindy, n8n, Gumloop, StackAI, and Zapier Agents in the no-code agent-builder space, while Microsoft Copilot Studio, Salesforce Agentforce, and Google's Vertex Agent Platform compete as larger incumbents shipping similar features natively.
How much funding has Relevance AI raised?: Relevance AI has raised an estimated $37M to $42M total, including a $15M Series A in December 2023 and a $24M Series B led by Bessemer Venture Partners in May 2025, with no public valuation disclosed.
What is Relevance AI's revenue or ARR?: GetLatka estimated Relevance AI's ARR at roughly $2.9M in October 2024, up from about $2.1M in December 2023. ZoomInfo listed current revenue as under $5M as of July 2026.

Timeline

2026-07-14Ramp reports Relevance AI adoption down 15 points YoY, enterprise share under 1%
2026-06-30Google Cloud Agent Platform makes Anthropic's Claude generally available
2026-06-22TechCrunch reports Salesforce Agentforce reducing support-role backfill needs
2025-09Relevance AI shifts pricing to Actions plus Vendor Credits dual-meter model
2025-05-06Relevance AI raises $24M Series B led by Bessemer Venture Partners
2025-05-05Relevance AI launches Workforce and Invent multi-agent builder products
2023-12Relevance AI raises $15M Series A
2020Relevance AI founded by Daniel Vassilev, Jacky Koh, and Daniel Palmer

Revision history

21 July 2026

First assessed. Little protection left. The text above is fixed as of this date and is not edited afterwards.

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