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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
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Recent funding

  1. Equity

    May 2026

    $50M

  2. Series B

    May 2024

    $32M

  3. Series A

    May 2021

    $15M

Team