Relay Therapeutics

Cambridge, United States Founded: 2016 • Age: 10 yrs
Drug discovery platform is developed to study protein motion.
Annual revenue $10.0M Latest available
Total funding $520.0M 4 rounds
Employees 261 Tracked headcount
Investors 13 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Relay Therapeutics

Relay Therapeutics is a company based in Cambridge (United States) founded in 2016 by Dorothee Kern and David E Shaw. Relay Therapeutics has raised $520 million across 4 funding rounds from investors including ARE, SoftBank Vision Fund and Perceptive Advisors. The company has 261 employees as of December 31, 2024. Relay Therapeutics has completed 1 acquisition, including ZebiAI. Relay Therapeutics offers products and services including Dynamo Platform and Therapeutic Pipeline. Relay Therapeutics operates in a competitive market with competitors including Jazz Pharmaceuticals, C4 Therapeutics, Erasca, MiRagen and Mereo BioPharma, among others.

  • Headquarter Cambridge, United States
  • Employees 261 as on 31 Dec, 2024
  • Founders Dorothee Kern, David E Shaw
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Relay Therapeutics, Inc.
Operational Areas
Healthcare → Biotechnology, Genomics & Life Sciences Research Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $10.01 M (USD)
    -60.83
    as on Dec 31, 2024
  • Net Profit
    -$337.71 M (USD)
    1.25
    as on Dec 31, 2024
  • EBITDA
    -$380.21 M (USD)
    -1.62
    as on Dec 31, 2024
  • Total Equity Funding
    $520 M (USD)

    in 4 rounds

  • Latest Funding Round
    $30 M (USD), Post-IPO

    Jan 10, 2024

  • Investors
    ARE

    & 12 more

  • Employee Count
    261

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Relay Therapeutics

Relay Therapeutics is a publicly listed company on the NASDAQ with ticker symbol RLAY in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: RLAY · Sector: Health technology · USA

Products & Services of Relay Therapeutics

Relay Therapeutics offers a comprehensive portfolio of products and services, including Dynamo Platform and Therapeutic Pipeline.

Product name locked
Category locked
Primary

Enables visualization of protein motion for developing new therapeutics.

Product name locked
Category locked
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Advances candidates for oncology and genetic disease treatments.

People of Relay Therapeutics

Headcount 50-200
Employee Profiles 74
Employee Profiles
People
Val Dunn
Director Of Lab And Facilities Operations
People
Sanjiv K. Patel
President & CEO
People
Peter Rahmer
Chief Corporate Development Officer
People
Brian Adams
Chief Legal Officer

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Funding Insights of Relay Therapeutics

Relay Therapeutics has successfully raised a total of $520M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $30 million completed in January 2024. 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.

Investors in Relay Therapeutics

Relay Therapeutics has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include ARE, SoftBank Vision Fund and Perceptive Advisors.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Corporate backed venture capital fund investing in multiple sectors
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Investing in Life Sciences sectors like Healthcare and Biotechnology.
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US private equity investments are managed by BVF Partners.
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Investor details for Relay Therapeutics

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Investments & Acquisitions by Relay Therapeutics

Relay Therapeutics has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ZebiAI.

Investments
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Investment portfolio details for Relay Therapeutics

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Acquisitions
Company Name Description Domain Location Founded Year Amount
AI solutions for small molecule drug discovery are provided.
Locked Locked 2019 Locked
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Complete acquisition details for Relay Therapeutics

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Financial Statements - Relay Therapeutics

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Detailed financials for Relay Therapeutics

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Relay Therapeutics Comparisons

Relay Therapeutics Primary company
Description
Drug discovery platform is developed to study protein motion...
Location
Cambridge, United States
Founded Year
2016
Annual Revenue
$10.01 M (USD)
Net Profit
-$337.71 M (USD)
EBITDA
-$380.21 M (USD)
Employees
261
As of 2024
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Peer comparison for Relay Therapeutics

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Competitors of Relay Therapeutics

Relay Therapeutics 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 Jazz Pharmaceuticals, C4 Therapeutics, Erasca, MiRagen and Mereo BioPharma, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Novel biopharmaceutical medicines are developed for unmet medical needs.
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Small-molecule drugs for cancer treatment are developed via Degronimid platform.
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Small molecule therapeutics for cancer treatment are developed.
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MicroRNA-based therapeutics are developed for treating multiple diseases.
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Therapeutics for cancer and rare diseases are developed.
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Targeted therapeutics for cancer, metabolic, and inflammatory diseases are developed.
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Detailed competitors of Relay Therapeutics

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Latest news on Relay Therapeutics

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Complete news archive for Relay Therapeutics

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Frequently Asked Questions about Relay Therapeutics

Relay Therapeutics was founded in 2016.

Relay Therapeutics is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.

Sanjiv Patel is the current CEO of Relay Therapeutics.

Relay Therapeutics is a funded company, having raised a total of $520M across 4 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Relay Therapeutics is 261.

Annual revenue of Relay Therapeutics is $10.01M as on Dec 31, 2024.

Relay Therapeutics was founded in 2016 and is based in Cambridge, United States. Operations center on a drug discovery engine that generates 3D visualizations of protein mobility to analyze protein functions through motion. Ligand-binding pockets in proteins are examined, and interactions between ligands and proteins are identified. Initial efforts are directed toward oncology therapeutics.

Relay Therapeutics's top competitors include Jazz Pharmaceuticals, C4 Therapeutics and Erasca.

Relay Therapeutics offers Dynamo Platform and Therapeutic Pipeline.

Yes, Relay Therapeutics is publicly traded on NASDAQ under the ticker symbol RLAY.

Relay Therapeutics has made 1 acquisition, including ZebiAI.

Relay Therapeutics has 13 investors. Key investors include ARE, SoftBank Vision Fund, Perceptive Advisors, Google Ventures, and Casdin Capital.

The ticker symbol of Relay Therapeutics is RLAY on NASDAQ.

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