About Relay
Relay is a company based in London (United Kingdom) founded in 2022 by Nicole Mazza and Jonathan Jenssen. It operates as a On-Demand Services, and Managed Services. Relay has raised $48.83 million across 5 funding rounds from investors including Prologis, Plural and Project A. Relay offers products and services including Next-Day Delivery, PUDO Drop-Off/Collections, and Efficient Returns. Relay operates in a competitive market with competitors including Stord, Veeqo, Huboo, GigaCloud Technology and Parcellab, among others.
- Headquarter London, United Kingdom
- Founders Nicole Mazza, Jonathan Jenssen
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Sectors
Transportation, Automotive & LogisticsRetail
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Email
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Phone
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Website
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Social
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- Legal Name Relay Technology
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$48.83 M (USD)
in 5 rounds
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Latest Funding Round
$35 M (USD), Series A
Feb 27, 2025
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Investors
Prologis
& 3 more
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Employee Count
Employee Count
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Products & Services of Relay
Relay offers a comprehensive portfolio of products and services, including Next-Day Delivery, PUDO Drop-Off/Collections, and Efficient Returns. 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.
Next-day delivery is provided as a standard service.
PUDO service is offered for customer delivery flexibility.
Label-free returns are facilitated through Relay pitstops efficiently.
Funding Insights of Relay
Relay has successfully raised a total of $48.83M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $35 million completed in February 2025. 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 5
- Last Round Series A — $35.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2025 | Amount | Series A - Relay | Valuation | Plural | |
| Nov, 2023 | Amount | Seed - Relay | Valuation | Project A , Prologis |
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| Apr, 2023 | Amount | Seed - Relay | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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
Relay has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Prologis, Plural and Project A. 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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Investment support is offered to ambitious founders across Europe.
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Founded Year | Domain | Location | |
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Project A is recognized as an early-stage venture capital firm focused on European startups.
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Founded Year | Domain | Location | |
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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
| 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
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Comparisons
Competitors of Relay
Relay 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 Stord, Veeqo, Huboo, GigaCloud Technology and Parcellab, 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 |
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| domain | founded_year | HQ Location |
Cloud-based end-to-end logistics and supply chain solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based inventory and fulfillment solutions are provided for businesses.
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| domain | founded_year | HQ Location |
SaaS-based solutions for e-commerce order fulfillment are provided.
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| domain | founded_year | HQ Location |
Logistics management solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Connects online merchants with their customers
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| domain | founded_year | HQ Location |
E-commerce shipping software is provided with tracking and management features.
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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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Latest news on Relay
Frequently Asked Questions about Relay
When was Relay founded?
Relay was founded in 2022.
Where is Relay located?
Relay is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Relay?
Jonathan Jenssen is the current CEO of Relay. They have also founded this company.
Is Relay a funded company?
Relay is a funded company, having raised a total of $48.83M across 5 funding rounds to date. The company's 1st funding round was a Seed of $898.47K, raised on Jun 01, 2022.
What does Relay do?
Relay is engaged in providing accelerated e-commerce delivery services through a tech-driven, hyperlocal network. Operations are optimized for speed, sustainability, and cost-efficiency using data-driven routing and real-time tracking. Services include next-day delivery, PUDO drop-offcollections, and efficient returns, primarily serving the e-commerce sector. The platform connects couriers, stores, and customers for seamless experiences, supporting scalability and sustainability goals with reduced emissions.
What products or services does Relay offer?
Relay offers Next-Day Delivery, PUDO Drop-Off/Collections, and Efficient Returns.