Relex, a Finnish startup that provides software for retail planning,has announced that it has raised a whopping $200 million minority investment from growth-stage investor TCV. For those who are not aware, TCV is one of the largest providers of capital to growth-stage private and public companies in the technology industry and has backed industry-leading companies, including Airbnb, Facebook, Netflix, Splunk, Spotify, WorldRemit and Zillow.
Found in 2005, the Helenski-based tech startup provides an end-to-end retail planning solution enabling companies to improve their competitiveness through accurate forecasting and replenishment, localised assortments, profitable use of space and optimized workforce planning.