About Relay
Relay is a company based in Toronto (Canada) founded in 2012 was acquired by Kik in November 2014.. Relay has raised $700 thousand across 1 funding round from investors including Kik, Social Capital and Graph Ventures. Relay operates in a competitive market with competitors including Kik, Snapchat, Bebo, MessageMe and Bridgefy, among others.
- Headquarter Toronto, Canada
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Sectors
Telecommunications
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Phone
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Website
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Social
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Funding Insights of Relay
Relay has successfully raised a total of $700K through 1 strategic funding round. The most recent funding activity was a Seed round of $700 thousand completed in February 2013. 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 1
- Last Round Seed — $700,000
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First Round
First Round
(12 Feb 2013)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2013 | Amount | Seed - Relay | 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
Relay has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Kik, Social Capital and Graph 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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Early-stage venture capital funding is provided to startup founders.
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Founded Year | Domain | Location | |
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Early-stage venture capital is provided to Canadian technology startups by Real Ventures.
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Founded Year | Domain | Location | |
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US focused VC firm investing in seed & growth stage companies
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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 |
|---|---|---|---|---|---|
| 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 Kik, Snapchat, Bebo, MessageMe and Bridgefy, 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 |
Multimedia messaging is enabled by Kik for mobile users.
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| domain | founded_year | HQ Location |
Multimedia messaging application for ephemeral photos and videos is provided.
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| domain | founded_year | HQ Location |
Web Social Networking portal & social app developer
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| domain | founded_year | HQ Location |
An engaging communication platform is provided for users worldwide.
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| domain | founded_year | HQ Location |
Messages are exchanged via mesh network without internet or data.
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| domain | founded_year | HQ Location |
Tools provider to create, edit & share visual contents
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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
When was Relay founded?
Relay was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Relay located?
Relay is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Relay a funded company?
Relay is a funded company, having raised a total of $700K across 1 funding round to date. The company's 1st funding round was a Seed of $700K, raised on Feb 12, 2013.
What does Relay do?
Relay was founded in 2012 in Toronto, Canada, as an iOS-only app focused on rich media mobile messaging. Animated content from personal galleries or web searches is shared among users, while web page URLs are displayed with preview images and headlines. Asynchronous communication is supported, with real-time indicators showing when contacts view videos or images simultaneously. Operations center on enhancing media sharing in the mobile sector.
Who are Relay's investors?
Relay has 5 investors. Key investors include Kik, Social Capital, Graph Ventures, Real Ventures, and Valar Ventures.
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