Relay Ventures
446 Spadina Road, Suite 303, Toronto, Ontario, M5P 3M2, Canada
Overview
Relay Ventures is a venture capital firm specializing in start-ups, seed, early-stage, mid venture, late venture, and growth capital investments. It seeks to invest in the mobile computing industry with a focus on applications and services including mobile commerce such as payments, advertising, retailing, and consumer banking; vertical and horizontal enterprise applications; communications; social networking; location-based and location-aware applications and services such as navigation and mapping; media and entertainment; commercial services and supplies; wireless application service providers; wireless devices software; wireless networking equipment; and lifestyle and personal productivity applications for the BlackBerry and other mobile platforms. Relay Ventures also focuses on investments in mobile-related software and services and mobile eco-system sectors. It seeks to invest in mobile technology with a focus on software for mobile devices and the connected Internet. John Albright and Kevin Talbot founded Relay Ventures on January 1, 2010. It has its headquarters in Toronto in Canada, with an additional office in San Francisco and Calgary.
- Total investments
- 86
- Lead investments
- 30
- Investments · 12mo
- 3
- Active investors
- 8
Sector focus
- Finance
- Financial Services
- Impact Investing
- Venture Capital
Investment portfolio
- ALT Sports Data
Participated · Equity · Jun 2026
ALT Sports Data offers a technology and services platform — described as a League Operating System — that bundles official data rights, integrity and compliance services, fan engagement and media tools, and commercial distribution across gaming and streaming. The platform is modular so leagues can adopt capabilities incrementally and scale into additional products over time. ASD works with more than 30 sports properties worldwide, including Formula 1, World Surf League, X Games, SuperMotocross World Championships, Bare Knuckle Fighting Championship, and Professional Bull Riders. The company has experienced significant growth over the past eighteen months and recently became Formula 1’s Official Betting Data Supplier. With the newly raised $5 million, ASD intends to invest further in product development, AI, league onboarding, integrity and compliance, sports betting and fan engagement offerings, and international expansion. The company continues to expand its global operator network and strategic services to create new commercial opportunities for leagues while maintaining control of audience and intellectual property.
- PressBox
Led · Seed · Apr 2026
Founded in 2024 by Brian Hough, Tory Briggs and Andy Crum, PressBox builds an AI-driven platform that automates production of digital content for sports leagues and media companies. The platform uses agents that monitor sport events, media coverage, social conversation and structured data to generate content such as injury reports, game recaps, stat-driven stories, personalized articles, email newsletters (including multilingual translations), audio and highlight packages. PressBox reports more than a dozen clients, including Fanatics, The Sporting News, Alt Sports Data, The Curling Group/Rock League and World Surf League. The company is targeting emerging sports properties and aims to evolve into an all-in-one content management system that can handle email, CMS, push notifications and messaging. PressBox has five employees and recently hired Kevin Jackson as Head of Editorial Product. Its total funding to date is $2.8M following the seed raise.
- Mave
Participated · Seed · Jan 2026
Mave provides an AI-powered platform built specifically for real-estate brokerages and agents, delivering a suite of "departments" staffed by industry-trained virtual experts. These tools help users grow their brands, automate back-office workflows, and elevate client service at scale. The company, led by founder and CEO Raz Zohar, has begun integrating its solution with myAbode’s nationwide network of 10,000+ realtors, expanding its reach across Canada. Newly secured capital will be directed toward accelerating engineering hires and broadening the product roadmap. To strengthen market insight, Mave has appointed several industry advisors from Houseful, Compass, Carson Dunlop, Sotheby’s International Realty Canada, and Meta AI. Staircase Ventures’ Janet Bannister is also joining the board, providing additional strategic guidance. Although operating metrics such as revenue or user counts have not been disclosed, the company is positioning itself as an infrastructure layer for brokerages seeking to leverage AI at scale.
- Friendlier
Participated · Equity · Aug 2025
Friendlier provides reusable plastic containers to food service operators, using a deposit-and-return system with sanitized redistribution to replace single-use packaging. Customers pay a deposit for signature ocean-blue containers and receive refunds at drop-off stations. The company sanitizes used containers and operates reuse programs across Ontario, Quebec, and British Columbia. Friendlier has partnerships with the Toronto Zoo, Coca‑Cola Canada, grocery chain Farm Boy, and the University of British Columbia. The startup is expanding its system to support hot beverages, catering, and retail grab-and-go stations and is deploying additional proprietary micro-sanitation hubs. As of the article, Friendlier has reused more than 3.3 million containers and has raised nearly $13 million CAD to date. Friendlier provides reusable food containers and a companion app that lets customers pay deposits, claim refunds on returns, and enables containers to be sanitized and recirculated. Led by CEO Kayli Dale, the company aims to expand operations and its business reach to meet growing demand. Plans include strengthening the sales team, establishing new facilities in Guelph and Vancouver, and building a reverse supply chain to support reusable packaging at scale. After three years in market, Friendlier has reused one million containers, equivalent to 127,000 pounds of plastic, 370,000 pounds of CO2 emissions, and 8 million litres of water saved versus single-use packaging. Financially, the company has raised a total of $8.35M to date and has secured over $1M in non-dilutive funding. Prior financings include $850,000 in pre-seed funding, $2.5M in seed funding, and a recent $5M seed extension. Friendlier supplies low-cost reusable containers to the food service industry and operates a return-and-sterilize system with collection bins and cleaning locations in Guelph and Ottawa. Customers place food orders in Friendlier containers, which are later collected, cleaned, sterilized and resold to businesses; repeat customers receive a small discount. The company offers a consumer app to find participating businesses, locate return bins, track discounts and monitor plastic savings. Friendlier was cofounded in 2019 by University of Waterloo chemical engineering graduates Kayli Dale and Jacquie Hutchings and is based in Guelph. It employs about 35 people and serves more than 200 customers, including restaurants, corporate cafeterias, post-secondary institutions and Compass Group. Operational metrics in the article note Friendlier has cleaned and reused more than 500 million containers, with each container used about 100 times.
- Trusty
Led · Seed · Jul 2025
Trusty is an AI-powered estate platform that digitizes valuables, analyzes documents, and provides a conversational assistant named “Max” to help families record intentions and personal messages alongside legal wills. The product uses image recognition, document analysis, and a conversational AI to build an asset-detection wizard and workflows for heirs, executors, and advisors. Founded in 2024 and rebranded to Trusty in 2025, the company has piloted with consumers and is forming commercial distribution partnerships with advisory firms and financial institutions. Trusty is positioning itself as a consumer-first app where individuals control their data while also integrating into advisor workflows to provide clarity and coordination. The company plans to use its recent funding to accelerate product development and expand go-to-market efforts across Canada and the U.S., with a focus on its AI assistant, asset detection, and proprietary advisor workflows.