
Relay Foods
1317 Carlton Ave Ste 400, Charlottesville, Virginia, 22902, United States
Overview
Relay Foods operates an online food marketplace that combines sustainable and artisanal foods from local producers with a comprehensive grocery offering from national brands. The company is a certified B‑Corporation led by founder and CEO Zach Buckner and co‑founder and President Arnie Katz. Relay Foods is based in Charlottesville, Virginia. It raised $8.25M in funding. The company plans to use the capital to expand service in the Washington, DC and Baltimore metro areas and to launch service in Williamsburg, Virginia. Relay Foods also intends to launch a mobile platform, redesign its online marketplace, and make executive team and development hires. RelayFoods is an online marketplace that sources and delivers healthy, sustainable foods, offering more than 11,000 grocery items including local meat, produce and dairy from mid‑Atlantic farms. Led by founder and CEO Zach Buckner, the company currently serves customers in Charlottesville and Richmond, Virginia. It recently acquired Arganica Farm Club, which diversified its product portfolio and brought thousands of customers in planned expansion areas. RelayFoods has raised $1.3M from existing investors and intends to use the proceeds to expand into the greater Washington, D.C., Baltimore and Philadelphia metropolitan areas. The company also plans to develop an intelligent product recommendation engine and automatic customer segmentation to accelerate personalization beginning with a customer's initial site visit. No additional revenue or user metrics were disclosed in the article. RelayFoods operates an online pickup-and-delivery grocery marketplace selling groceries, specialty foods and local farm products sourced from more than 100 partners. The company works directly with local farmers and artisans and says its prices are competitive with brick-and-mortar stores. Launched in 2009 by founder and CEO Zach Buckner, RelayFoods is based in Charlottesville, VA and also operates in Richmond. The service aggregates items from local stores, restaurants and farms for neighborhood customers. RelayFoods intends to use new capital to expand the business and operations and to enhance its customer experience. Financially, it secured a new $3.1M funding round, bringing total capital raised to $5.5M to date.
- Total raised
- $13M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- Apr 2013
Industries
- E-Commerce
- Grocery
- Retail
Recent funding
Equity
Apr 2013
$8M
Equity
Aug 2012
$1M
Equity
Jan 2012
$3M
Team
No current team members are available.