RELEX Solutions
RELEX Solutions is a Finnish software company providing AI-driven supply chain and retail planning platforms for retailers, wholesalers, and manufacturers.
Last updated October 14, 2026
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Overview
RELEX Solutions is a Finland-based enterprise software company that develops unified supply chain and retail planning platforms. Founded in 2005 by Mikko Kärkkäinen, Johanna Småros, and Michael Falck, the company is headquartered in Helsinki and serves retail, wholesale, and manufacturing customers across Europe, North America, and Asia-Pacific. Its core offering combines demand forecasting, replenishment, space and assortment planning, and workforce optimization into a single cloud-native platform powered by artificial intelligence and machine learning. The company's platform is designed to help retailers and consumer goods organizations reduce inventory, improve product availability, and optimize store and warehouse operations. RELEX has grown both organically and through acquisitions, expanding its capabilities into areas such as supply chain collaboration, merchandising, and store operations. It competes in the supply chain planning software market alongside vendors such as Blue Yonder, Kinaxis, and SAP. RELEX remains privately held and has raised significant growth capital from investors including TCV and Blackstone Growth. Its customer base includes grocery, fashion, electronics, and general merchandise retailers, as well as consumer packaged goods manufacturers. The company has been recognized for its rapid growth and is frequently cited as one of Finland's notable technology success stories.
History
RELEX Solutions was founded in 2005 in Helsinki, Finland, by Mikko Kärkkäinen, Johanna Småros, and Michael Falck. The founders had backgrounds in supply chain research and consulting, and they set out to build a software platform that could unify demand forecasting, replenishment, and retail planning for complex retail operations. In its early years, RELEX focused on the Nordic and European grocery retail market, where accurate demand forecasting and efficient replenishment are critical due to high product volumes and perishability. The company's platform gained traction among grocery chains seeking to reduce waste and improve on-shelf availability. During the 2010s, RELEX expanded internationally, opening offices in North America and Asia-Pacific and broadening its customer base beyond grocery into fashion, electronics, and general merchandise. The company also extended its platform from core demand and replenishment into space planning, assortment optimization, and workforce management, positioning itself as a unified retail planning suite. RELEX has grown through a combination of organic expansion and acquisitions. It acquired the Swedish supply chain planning company Optimity in 2017 and later acquired Formis, a space and assortment planning software provider, in 2019. These moves added capabilities in supply chain collaboration and merchandising planning. In 2022, RELEX raised significant growth funding from Blackstone Growth, following earlier investment from TCV. The company has continued to invest in artificial intelligence and machine learning to improve forecast accuracy and automation across its platform. As of the mid-2020s, RELEX serves hundreds of retail and consumer goods customers globally and remains privately held.
- 2022
Raised growth funding from Blackstone Growth.
- 2019
Acquired Formis, a space and assortment planning software provider.
- 2017
Acquired Swedish supply chain planning company Optimity.
- 2005
RELEX Solutions founded in Helsinki, Finland.
Products and positioning
AI-powered unified supply chain and retail planning for retail, wholesale, and manufacturing.
RELEX Demand Forecasting
AI-based demand forecasting for retail and supply chain planning.
RELEX Replenishment
Automated replenishment and inventory optimization.
RELEX Space & Assortment Planning
Plan store space and product assortments.
RELEX Workforce Optimization
Optimize store labor scheduling and allocation.
Recent events
RELEX Solutions Acquires Ida[2]
Reported:
RELEX Solutions announced it has acquired Ida, a French SaaS company specializing in AI-driven fresh replenishment and store ordering optimization for loose products such as fruit, vegetables, bakery, meat, seafood, and prepared foods. The acquisition enhances the RELEX AI-driven planning platform with additional store-level capabilities for fresh replenishment covering the full spectrum of grocery categories.
Coles partners with RELEX Solutions on supply-chain planning[3]
Reported:
Coles partnered with RELEX Solutions to optimise end-to-end supply-chain planning for fresh produce and improve long-term inventory planning capabilities.
Sources3 sources
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