Relayr

Berlin, Germany Founded: 2013 • Age: 13 yrs Acquired By Munich Re Ventures
Middleware and IoT solutions are provided for enterprise digital transformation.
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About Relayr

Relayr is a company based in Berlin (Germany) founded in 2013 was acquired by Munich Re Ventures in September 2018.. Relayr has raised $86.2 million across 6 funding rounds from investors including Kleiner Perkins, B37 and Alumni Ventures. The company has 109 employees as of December 31, 2019. Relayr has completed 2 acquisitions, including Neokami and Proximetry. Relayr operates in a competitive market with competitors including Particle, PTC, Software AG, Ayla Networks and Vantiq, among others.

  • Headquarter Berlin, Germany
  • Employees 109 as on 31 Dec, 2019
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Relayr Gmbh
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $86.2 M (USD)

    in 6 rounds

  • Latest Funding Round
    $30 M (USD), Series C

    Feb 19, 2018

  • Investors
  • Employee Count
    109

    as on Dec 31, 2019

  • Investments & Acquisitions
    Neokami

    & 1 more

  • Acquired by
    Munich Re Ventures

    (Sep 04, 2018)

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People of Relayr
Headcount 200-500
Employee Profiles 19
Employee Profiles
People
Deborah McVey
Vice President Of Global Deployments
People
Patrick Weiler
COO
People
Jessica Poliner
CEO
People
Elena Uhsler
Head Of Strategic Projects & Partnerships

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Funding Insights of Relayr

Relayr has successfully raised a total of $86.2M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in February 2018. 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 Rounds 6
  • Last Round Series C — $30.0M
  • First Round

    (24 Sep 2014)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2018 Amount Series C - Relayr Valuation DTCP
Dec, 2017 Amount Series C - Relayr Valuation

investors

Oct, 2016 Amount Series B - Relayr Valuation Munich Venture Partners , Kleiner Perkins
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Relayr

Relayr has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Kleiner Perkins, B37 and Alumni 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital funding is offered by B37 for startups.
Founded Year Domain Location
Venture capital investing and portfolio management services for accredited investors.
Founded Year Domain Location
Venture capital firm investing in early-stage tech startups
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Relayr

Relayr has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Neokami and Proximetry. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
AI-based data security solutions are provided for enterprise protection.
2014
Device and network management systems are developed for connected devices.
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Relayr

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Relayr Comparisons

Employees
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Competitors of Relayr

Relayr 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 Particle, PTC, Software AG, Ayla Networks and Vantiq, 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
IoT connectivity platform from prototype to production is developed.
domain founded_year HQ Location
PTC is recognized as a global leader in product lifecycle management software.
domain founded_year HQ Location
Provider of data integration, application modernization, and digital transformation solutions
domain founded_year HQ Location
Provider of a platform for IoT and edge computing applications
domain founded_year HQ Location
Cloud-based end-to-end IoT platforms are provided by Vantiq.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Relayr

Frequently Asked Questions about Relayr

When was Relayr founded?

Relayr was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Relayr located?

Relayr is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.

Is Relayr a funded company?

Relayr is a funded company, having raised a total of $86.2M across 6 funding rounds to date. The company's 1st funding round was a Series B of $23M, raised on Sep 24, 2014.

How many employees does Relayr have?

As of Dec 31, 2019, the latest employee count at Relayr is 109.

What does Relayr do?

relayr is a provider of enterprise middleware and Internet of Things solutions for the digital transformation of industries. The product line comprises of an IoT middleware platform, edge device management platform, and an IoT analytics insights platform. The IoT middleware platform enables device data to be collated and communicated between any service, sensor, software, or hardware. It enables managing devices using multiple protocols or vendor-specific proprietary management protocols. The device management software provides all the tools necessary to maintain the IIoT deployment and keep it running for years with minimum downtime. The analytics platform uses AI to deliver actionable insights and also comes with predictive maintenance functionality. The company also provides end-to-end integration services and develops retrofit hardware solutions that enable the collection of business-critical data. Partners include Google Cloud, ARM, Bosch, C3 IoT, Cisco, Dell, LT Technology, Intel and more. The company was acquired by Munich Re (via its HSB subsidiary) in 2018.

Who are the top competitors of Relayr?

Relayr's top competitors include Particle, Software AG and PTC.

How many acquisitions has Relayr made?

Relayr has made 2 acquisitions, including Neokami, and Proximetry.

Who are Relayr's investors?

Relayr has 6 investors. Key investors include Kleiner Perkins, B37, Alumni Ventures, Munich Re Ventures, and DTCP.

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