Relay
60 Adelaide East, Suite 700, Toronto, Ontario, M5C 3E4, Canada
Overview
Relay provides a unified financial platform for small businesses that connects accounts, cards, bills, invoices, and capital to give owners better cash flow clarity. The company has expanded product offerings to include Relay Capital term loans and integrates banking services via partner banks. Relay reports it manages more than $1.3 billion in customer deposits and serves over 150,000 small business customers. Since its $32.2 million Series B in May 2024, the company says it is on track to 3.2x revenue by the end of 2026. Financially, Relay secured a $50 million growth investment from General Catalyst’s Customer Value Fund to accelerate customer acquisition while keeping investment focused on product innovation. The company frames itself as a financial command center for self-made small businesses.
- Total raised
- $97M
- Funding rounds
- 3
- Latest round
- Equity
- Latest activity
- May 2026
Industries
- Banking
- Data Integration
- Financial Services
- FinTech
- Payments
- Small and Medium Businesses
Recent funding
Equity
May 2026
$50M
Series B
May 2024
$32M
Series A
May 2021
$15M