Rely

Lisbon, Portugal Founded: 2020 • Age: 6 yrs
Provider of a platform offering site reliability engineering solutions
Annual revenue - Latest available
Total funding $1.9M 1 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

About Rely

Rely is a company based in Lisbon (Portugal) founded in 2020 by Jose Velez and Tiago Marques. Rely has raised $1.92 million across 1 funding round from investors including Datadog, Techstars and Shilling VC. Rely operates in a competitive market with competitors including Squadcast, ChaosIQ, Temperstack, Oobeya and PFConnect, among others.

  • Headquarter Lisbon, Portugal
  • Founders Jose Velez, Tiago Marques
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.92 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.92 M (USD), Seed

    Sep 29, 2022

  • Investors
    Datadog

    & 7 more

  • Employee Count
    Not available
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Funding Insights of Rely

Rely has successfully raised a total of $1.92M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.92 million completed in September 2022. 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 Rely

Rely has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Datadog, Techstars and Shilling VC.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
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Early-stage venture capital investments are provided by Shilling VC.
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Investor details for Rely

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  • Investor domains
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Investments & Acquisitions by Rely

Investments
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Investment portfolio details for Rely

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Financial Statements - Rely

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Detailed financials for Rely

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Rely Comparisons

Rely Primary company
Description
Provider of a platform offering site reliability engineering...
Location
Lisbon, Portugal
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Rely

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Competitors of Rely

Rely 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 Squadcast, ChaosIQ, Temperstack, Oobeya and PFConnect, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based SRE incident management software is provided by Squadcast.
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Open source platform for building chaos engineering experiments is provided.
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Automates service catalogs and SLI reports for SRE teams to enhance efficiency.
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Platform for tracking engineering metrics and improving developer productivity.
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Provides enterprise incident management solutions for businesses.
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Detailed competitors of Rely

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Latest news on Rely

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Complete news archive for Rely

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Frequently Asked Questions about Rely

Rely was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Rely is headquartered in Lisbon, Portugal.

Jose Velez is the current CEO of Rely. They have also founded this company.

Rely is a funded company, having raised a total of $1.92M across 1 funding round to date.

Provider of a platform offering site reliability engineering solutions. It is a reliability intelligence platform for roadmap prioritization, release planning, SRE decision making, alert fatigue reduction, etc. It also reduces the number of outages and disruptions.

Rely's top competitors include Squadcast, ChaosIQ and Temperstack.

Rely has 8 investors. Key investors include Datadog, Techstars, Shilling VC, The Angels Marquee, and Scaleway.

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