Relay Therapeutics

Cambridge, United States Founded: 2016 • Age: 10 yrs Listed
Drug discovery platform is developed to study protein motion.

About Relay Therapeutics

Relay Therapeutics is a publicly listed company based in Cambridge (United States) founded in 2016 by Dorothee Kern and David E Shaw. Drug discovery platform is developed to study protein motion. 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. Relay Therapeutics has completed 1 acquisition, including ZebiAI. Its chief executive, as recorded, is Sanjiv Patel. Relay Therapeutics offers products and services including Dynamo Platform and Therapeutic Pipeline. Its focus areas include Life Sciences, Oncology, Drugs and Diversified. Its legal entity is RELAY THERAPEUTICS, INC. Its competitors include C4 Therapeutics, Erasca and MiRagen; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Cambridge, United States
  • Employees 261
  • Founders Dorothee Kern, David E Shaw
  • Stage Public
  • Sectors
    Healthcare
  • Website category Health · Biotechnology and Pharmaceuticals
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website relaytx.com
  • Social LinkedIn X Instagram
  • Legal Name Relay Therapeutics, Inc.
Key Metrics
  • Annual Revenue
    $15.36 M (USD)
    53.44
    as on Dec 31, 2025
  • Net Profit
    -$276.48 M (USD)
    18.13
    as on Dec 31, 2025
  • EBITDA
    -$299.18 M (USD)
    21.31
    as on Dec 31, 2025
  • Total Equity Funding
    $520M (USD)

    in 4 rounds

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

    Jan 2024

  • Investors
    ARE

    & 12 more

  • Employee Count
    261
  • Investments & Acquisitions

Products & Services of Relay Therapeutics

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

Dynamo Platform
Drug Discovery Tool

Enables visualization of protein motion for developing new therapeutics.

Therapeutic Pipeline
Biotech Development

Advances candidates for oncology and genetic disease treatments.

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.

  • Total Funding $520M
  • Total Rounds 4
  • Last Round Post-IPO β€” $30M
  • First Round $57M

    (Sep 2016)

  • Investors Count 13

All 4 funding rounds of Relay Therapeutics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2024$30MPost-IPO––
–
Dec 2018$400MSeries C–SoftBank Vision Fund
Dec 2017$63MSeries B–BVF Partners
Sep 2016$57MSeries A–Third Rock Ventures, D. E. Shaw Research
–
Valuation history

13 investors in total: 13 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Corporate backed venture capital fund investing in multiple sectors
gv.comMountain View, United States
Investing in Life Sciences sectors like Healthcare and Biotechnology.
casdincapital.com
US private equity investments are managed by BVF Partners.
bvflp.comSan Francisco, United States
Multi-stage investment firm invests in healthcare and life sciences companies
foresitecapital.comNew York, United States
Tavistock Group is engaged in global diversified investments.
tavistock.com
Health-tech companies are targeted for venture capital investments.
1999perceptivelife.comNew York, United States
Venture capital investments in technology and startups.
2016visionfund.comLondon, United Kingdom
Venture capital funding is provided to early-stage life science companies.
thirdrockventures.comBoston, United States
Early stage investments focused VC firm
acks.com
Tech startups are funded by S32, a venture capital entity.
s32.comSunnyvale, United States
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People of Relay Therapeutics

71 people are tracked at Relay Therapeutics (50 in leadership, 21 in team); the tracked headcount is 261.

NameRoleGroup
Dorothee Kern
Co-FounderLeadership
David E Shaw
Co-FounderLeadership
Sanjiv Patel
CEOLeadership
Val Dunn
Director Of Lab And Facilities OperationsLeadership
Sanjiv K. Patel
President & CEOLeadership
Peter Rahmer
Chief Corporate Development OfficerLeadership
Brian Adams
Chief Legal OfficerLeadership
Tom Catinazzo
Chief Financial OfficerLeadership
Don Bergstrom
President Of Research And DevelopmentLeadership
Surendra Singh
Vice President, Drug Substance Development And Manufacturing (cmc)Leadership
Arno Venter
DirectorLeadership
Drew O.
VP Head Of Nonclinical DevelopmentLeadership
Spenta Arnold
Vice President, R&d Portfolio Strategy & OperationsLeadership
Kai Yu Jen
VP Clinical ScienceLeadership
Aaron Dy
Director, Business DevelopmentLeadership
Sophia Koutoulas
Sr Director, CMC Operations, Pharmaceutical DevelopmentLeadership
Colleen Chapman
Senior Director, Patient Advocacy Lead (oncology And Rare Disease)Leadership
Katie Otto
Director, Legal ServicesLeadership
Annie Nash Bing
Senior Director, R&d Portfolio Strategy And OperationsLeadership
Eunice Kwak
Vice President, Clinical DevelopmentLeadership

51 more people are available in the full profile.

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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.

  • IPO date16 Jul 2020
  • Listed onNASDAQ: RLAY
  • Listed entityRelay Therapeutics, Inc.
  • Exchange sectorHealth technology
  • ISINUS75943R1023
  • Share price$17.36 (-3.45% on the day) · 2026-10-13
  • Market capitalisation$3.80B
  • EPS (diluted, trailing year)$-1.57
  • Volume (last session)1,706,422

Financials of Relay Therapeutics

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025$15.4M-$276.5M-$299.2M
2024$10.0M-$337.7M-$380.2M
2023$25.6M-$342.0M-$374.1M
2022$1.4M-$290.5M-$306.8M
2021$3.0M-$363.9M-$222.2M
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Detailed financial statements 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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
AI solutions for small molecule drug discovery are provided.
zebiai.comWaltham, United States2019Apr 2021$85M
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Timeline of Relay Therapeutics

5 dated milestones of Relay Therapeutics across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Relay Therapeutics is founded.
  2. Funding First funding round of $57.0M.
  3. IPO Lists on the stock exchange (IPO).
  4. Acquisition Acquires ZebiAI.
  5. Funding Latest funding round, Post-IPO, of $30.0M.

Competitors of Relay Therapeutics

Relay Therapeutics has 3 listed competitors in our database, 3 of them funded. They include C4 Therapeutics, Erasca and MiRagen.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
c4therapeutics.com2016Cambridge, United States$223M121
Small-molecule drugs for cancer treatment are developed via Degronimid platform.
erasca.com2018San Diego, United States$300M120
Small molecule therapeutics for cancer treatment are developed.
miragen.com2007Boulder, United States$111.29M92
MicroRNA-based therapeutics are developed for treating multiple diseases.
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Detailed competitors of Relay Therapeutics

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Web traffic of Relay Therapeutics

The website of Relay Therapeutics (relaytx.com) receives about 9.1K visits a month and ranks #2,437,145 among all websites worldwide, #3,329 in Biotechnology and Pharmaceuticals.

  • Monthly visits
    9.1K

    ▲ 3% vs previous month

  • Unique visitors
    4.2K

    per month

  • Global rank
    #2,437,145

    among all websites

  • Category rank
    #3,329

    Health · Biotechnology and Pharmaceuticals

Similar websites

Websites whose visitors overlap most with Relay Therapeutics. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
oncologypipeline.com
100%
76.4K#510,302View details
drugdiscoverytrends.com
drugdiscoverytrends.com
98%
#491,427–
exelixis.com
98%
39.1K#1,001,350View details
pharmaphorum.com
91%
128.2K#451,885View details
fiercebiotech.com
72%
858.3K#81,022View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Life Sciences Platforms & Tools

3 companies that operate in the same segment as Relay Therapeutics (Life Sciences Platforms & Tools) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medidata is recognized as a leading provider of SaaS solutions for clinical research.
1999New York, New York, United StatesUSD 41.5 M
AI-based solutions for health management are provided.
2015Dallas, Texas, United StatesUSD 2.8 B1,111
Real-world health data is provided for research and decisions.
2012Menlo Park, California, United StatesUSD 259.16 M
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Related news about 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 CEO of Relay Therapeutics, as recorded in our data.

Relay Therapeutics is a funded company, having raised a total of $520M across 4 funding rounds to date. The company's 1st funding round was a Series A of $57M, raised on Sep 2016.

Relay Therapeutics has 261 employees.

Annual revenue of Relay Therapeutics is $15.36M as on Dec 31, 2025.

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 C4 Therapeutics, Erasca and MiRagen.

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.

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