About Relay Delivery
Relay Delivery is a company based in New York (United States) founded in 2013 by Alex Blum and Mike Chevett was acquired by Wonder in April 2024. It operates as a On-Demand Services. Relay Delivery has raised $1.75 million across 2 funding rounds from investors including Wonder and RiverPark Ventures. Relay Delivery offers products and services including Delivery as a Service. Relay Delivery operates in a competitive market with competitors including Barogo, Grab, Homerlogistics, Buying.com and Habitat Logistics, among others.
- Headquarter New York, United States
- Founders Alex Blum, Mike Chevett
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Relay Delivery, Inc
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Products & Services of Relay Delivery
Relay Delivery offers a comprehensive portfolio of products and services, including Delivery as a Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivery services are provided for restaurants using couriers.
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Funding Insights of Relay Delivery
Relay Delivery has successfully raised a total of $1.75M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $750 thousand completed in October 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $750,000
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First Round
First Round
(08 Jul 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Seed - Relay Delivery | Valuation |
investors |
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| Jul, 2015 | Amount | Seed - Relay Delivery | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Relay Delivery
Relay Delivery has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Wonder and RiverPark Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm backed by RiverPark Funds group
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Founded Year | Domain | Location | |
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Food ordering and delivery are facilitated via an online platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Relay Delivery
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Relay Delivery
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Relay Delivery Comparisons
Competitors of Relay Delivery
Relay Delivery operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Barogo, Grab, Homerlogistics, Buying.com and Habitat Logistics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand hyperlocal delivery services are offered to food businesses.
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| domain | founded_year | HQ Location |
Ride-hailing and on-demand delivery services are aggregated via mobile app.
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| domain | founded_year | HQ Location |
Food delivery for restaurants
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| domain | founded_year | HQ Location |
Decentralized e-commerce platform
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| domain | founded_year | HQ Location |
Provides a platform for delivery management solutions tailored to restaurants.
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| domain | founded_year | HQ Location |
Software for online ordering, delivery management, and customer support in food industry.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Relay Delivery
When was Relay Delivery founded?
Relay Delivery was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Relay Delivery located?
Relay Delivery is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Relay Delivery?
Alex Blum is the current CEO of Relay Delivery. They have also founded this company.
Is Relay Delivery a funded company?
Relay Delivery is a funded company, having raised a total of $1.75M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Jul 08, 2015.
What does Relay Delivery do?
Relay Delivery is engaged in offering delivery services tailored for restaurants. Operations are centered on connecting restaurant orders with a fleet of couriers, enabling businesses to reduce delivery commissions by up to 75. Integration with third-party platforms is supported, allowing restaurants to maintain marketing visibility while managing deliveries through Relay. The service is designed to provide transparency, data ownership, and operational control to restaurant owners across various regions.
Who are the top competitors of Relay Delivery?
Relay Delivery's top competitors include Grab, Barogo and Homerlogistics.
What products or services does Relay Delivery offer?
Relay Delivery offers Delivery as a Service.
Who are Relay Delivery's investors?
Relay Delivery has 2 investors. Key investors include Wonder, and RiverPark Ventures.
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