Relevance Ventures (formerly Relevance Capital) logo

Relevance Ventures (formerly Relevance Capital)

North America, Tennessee, United States, Brentwood

Description

Relevance Ventures, formerly known as Relevance Capital, is an early-stage venture capital firm strategically located in Brentwood, Tennessee, near Nashville. The firm specializes in identifying and investing in disruptive technology and healthcare companies. Their investment philosophy centers on providing capital to startups that are poised to innovate and transform their respective industries, often leveraging technology to create significant market impact.

Relevance Ventures typically engages with companies at their crucial early stages, primarily focusing on Seed, Series A, and occasionally Series B rounds. The firm is known for its initial check sizes, which generally range from $500,000 to $3 million, with the capacity for follow-on investments as portfolio companies grow and achieve milestones. This targeted approach allows them to support promising ventures through their critical development phases, providing not just capital but also strategic guidance and network access.

Over its operational history, Relevance Ventures has built a diverse portfolio, demonstrating a consistent commitment to its core sectors. The firm has made over 38 investments across various innovative companies, showcasing its broad reach within the technology and healthcare landscapes. Furthermore, Relevance Ventures has achieved 10 successful exits, underscoring its ability to identify and nurture companies that deliver strong returns and market value.

Investor Profile

Relevance Ventures (formerly Relevance Capital) has backed more than 40 startups, with 0 new investments in the last 12 months alone. The firm has led 17 rounds, about 43% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in United States.
  • Strong thematic focus on Software, Information Technology, Health Care.
  • Typical check size: $500K – $3M.

Stage Focus

  • Series A (30%)
  • Series B (20%)
  • Seed (18%)
  • Convertible Note (15%)
  • Series Unknown (10%)
  • Series C (3%)
  • Series E (3%)
  • Debt Financing (3%)

Country Focus

  • United States (100%)

Industry Focus

  • Software
  • Information Technology
  • Health Care
  • Delivery
  • E-commerce
  • Wellness
  • Cooking
  • Organic Food
  • Public Safety
  • Logistics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Relevance Ventures (formerly Relevance Capital) frequently co-invest with?

Vulcan Capital
North America, Washington, United States, Seattle
Co-Investments: 4
ROTH Capital Partners
North America, California, United States, Newport Beach
Co-Investments: 2
PivotNorth Capital
North America, California, United States, Menlo Park
Co-Investments: 5
Baseline Ventures
North America, Wyoming, United States, Jackson
Co-Investments: 5
Tyler Florence Group
North America, California, United States, Mill Valley
Co-Investments: 2
Vesta Ventures
North America, California, United States, Fairfax
Co-Investments: 2
Correlation Ventures
North America, California, United States, San Diego
Co-Investments: 3
Grotech Ventures
North America, Virginia, United States, Vienna
Co-Investments: 5
Accolade Partners
North America, District of Columbia, United States, Washington
Co-Investments: 3
Rembrandt Venture Partners
North America, California, United States, San Francisco
Co-Investments: 2

Which angels does Relevance Ventures (formerly Relevance Capital) often collaborate with?

Shared Deals: 1
Shared Deals: 1
BR
North America, California, United States, Newport Beach
Shared Deals: 1
AS
North America, Texas, United States, Austin
Shared Deals: 1
Shared Deals: 1
Shared Deals: 1
DB
North America, California, United States, Salinas
Shared Deals: 1
IP
North America, California, United States, San Francisco
Shared Deals: 1
DA
North America, California, United States, Menlo Park
Shared Deals: 1
Shared Deals: 1

What are some of recent deals done by Relevance Ventures (formerly Relevance Capital)?

Powers Gymnastics

Nashville, Tennessee, United States

Powers Gymnastics is a provider of youth sports, facilities, equipment, and gymnastics programmes.

SportsWellness
Series AMar 21, 2023
Amount Raised: $16,800,000
Rootine

Nashville, Tennessee, United States

Transform your data into better health results

Dietary SupplementsHealth CareHealth DiagnosticsNutraceuticalNutritionPersonal HealthWellness
Series ASep 13, 2022
Amount Raised: $10,000,000
CivicEye

Charlotte, North Carolina, United States

CivicEye delivers critical software for prosecutors and law enforcement with a mission to improve community outcomes.

GovernmentGovTechInformation ServicesLaw EnforcementPublic SafetySoftware
Series AJul 21, 2022
Amount Raised: $12,400,000
Ombre

San Francisco, California, United States

Ombre is a provider of a microbiome testing kit designed to incorporate personalized probiotics and microbiome testing.

Dietary SupplementsHealth CareWellness
SeedFeb 15, 2022
Amount Raised: $4,000,000
Easyvet Clinic

Knoxville, Tennessee, United States

Easyvet Clinic is a startup that provides basic veterinary care at an affordable price.

Health CarePet
Series AOct 26, 2021
Amount Raised: $7,000,000
Petabyte Technology

Bellevue, Washington, United States

Petabyte is a startup that allows veterinary practices to run more efficient operations and deliver better patient veterinary care.

Cloud ManagementHealth CareSoftwareVeterinary
Series BSep 7, 2021
Amount Raised: $15,000,000
Prepaid2Cash

Birmingham, Alabama, United States

Prepaid2Cash is a FinTech company that enables the redemption of network branded (Visa, MasterCard, Amex, Discover) prepaid cards

Financial ServicesFinTechGift CardMobileMobile PaymentsPaymentsPrepaid Cards
Series AJul 29, 2021
Amount Raised: $5,100,000
Talkiatry

New York, New York, United States

Talkiatry provides virtual mental healthcare covered by insurance, connecting patients with licensed psychiatrists.

Health CareMedicalMental HealthmHealthWellness
Series AJul 28, 2021
Amount Raised: $20,000,000
Qler Solutions

Reston, Virginia, United States

Qler Solutions has developed an innovative, market leading on-demand solution to expand the delivery of psychiatric care.

DeliveryHealth CareInformation TechnologyLogisticsSoftware
Series BJul 25, 2021
Amount Raised: $7,400,000
Aiwyn

Charlotte, North Carolina, United States

Aiwyn helps professional services firms speed up cash flow, save valuable time, & delight clients by revolutionizing the revenue cycle

FinTechSoftware
SeedJun 29, 2021
Amount Raised: $14,000,000