Relay (Toronto) Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 261

Employees

  • Latest Deal Type
  • Series B

  • Latest Deal Amount
  • $32.2M

  • Investors
  • 15

Relay (Toronto) General Information

Description

Developer of an online business banking and money management platform designed to automate financial management for small businesses. The company's platform provides banking services including current account transactions, cash withdrawals, issue of debit cards, remote check deposits and tracking expenses, enabling small business owners to transact with no minimum balances and transfer fees.

Contact Information

Website
www.relayfi.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 60 Adelaide East
  • Suite 700
  • Toronto, Ontario M5C 3E4
  • Canada
+1 (888)
Primary Industry
Financial Software
Other Industries
Other Financial Services
Corporate Office
  • 60 Adelaide East
  • Suite 700
  • Toronto, Ontario M5C 3E4
  • Canada
+1 (888)

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Relay (Toronto) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC (Series B) 29-May-2024 $32.2M Completed Generating Revenue
4. Early Stage VC (Series A) 13-May-2021 Completed Generating Revenue
3. Seed Round 19-Oct-2020 Completed Generating Revenue
2. Seed Round 11-Feb-2019 Completed Startup
1. Accelerator/Incubator Completed Startup
To view Relay (Toronto)’s complete valuation and funding history, request access »

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Relay (Toronto) Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Relay (Toronto) Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
Industry Ventures Venture Capital Minority
Recall Capital Venture Capital Minority
Amaranthine Venture Capital Minority
Bain Capital Ventures Venture Capital Minority
Realm Capital Ventures Venture Capital Minority
You’re viewing 5 of 15 investors. Get the full list »

Relay (Toronto) FAQs

  • When was Relay (Toronto) founded?

    Relay (Toronto) was founded in 2018.

  • Where is Relay (Toronto) headquartered?

    Relay (Toronto) is headquartered in Toronto, Canada.

  • What is the size of Relay (Toronto)?

    Relay (Toronto) has 261 total employees.

  • What industry is Relay (Toronto) in?

    Relay (Toronto)’s primary industry is Financial Software.

  • Is Relay (Toronto) a private or public company?

    Relay (Toronto) is a Private company.

  • What is Relay (Toronto)’s current revenue?

    The current revenue for Relay (Toronto) is .

  • How much funding has Relay (Toronto) raised over time?

    Relay (Toronto) has raised $51.6M.

  • Who are Relay (Toronto)’s investors?

    Industry Ventures, Recall Capital, Amaranthine, Bain Capital Ventures, and Realm Capital Ventures are 5 of 15 investors who have invested in Relay (Toronto).

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