Fundz

Relai Raises $4.5 Million To Ramp Up Crypto Platform

PRIVATEMar 06, 2023

Amount Raised

$4.5 Million

Round Type

Seed

ZurichE CommerceFintechBlockchainCryptocurrencyBitcoin

Investors

Fulgur VenturesRedalpineLightning VenturesCabrit CapitalTimechainGoldman Sachs, New YorkEgo Death Capital

Description

Swiss Bitcoin platform, Relai has raised $4.5 million to strengthen its grip on the crypto onramp market

Quick answer

Relai raised $4.5 Million in a Seed round, dated March 6, 2023. Investors: Fulgur Ventures, Redalpine, Lightning Ventures, Cabrit Capital, Timechain, Goldman Sachs, New York and Ego Death Capital. Relai is based in Zurich, Zurich, Switzerland.

How much did Relai raise?
Relai raised $4.5 Million in a Seed round on March 6, 2023.
Who invested in Relai?
Fulgur Ventures, Redalpine, Lightning Ventures, Cabrit Capital, Timechain, Goldman Sachs, New York and Ego Death Capital are named as investors in this round.
What does Relai do?
Relai is a bitcoin-only app from Switzerland.
Where is Relai based and how big is it?
Relai is based in Zurich, Zurich, Switzerland. Fundz records about 77 employees.
Who are the decision-makers at Relai?
Fundz holds 2 contacts at Relai, including the Marketing Lead. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Fintech around the same time

Companies in the same sectors as Relai that raised within 45 days of this round, from Fundz verified event records.

  • Alchemy Pay raised $10M (Funding Round) on April 3, 2023.
  • OP3N raised $28M (Funding Round) on March 21, 2023.
  • Grayscale Investments raised $34M (Funding Round) on March 13, 2023.
  • Term Labs raised $2.5M (Seed) on February 28, 2023.
  • TipLink raised $6M (Funding Round) on February 21, 2023.
  • Taurus raised $65M (Funding Round) on February 14, 2023.

Who to call at Relai, and when

A new round usually means Relai is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Relai raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Relai, from your own LinkedIn network

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Company Information

Company

Relai

Location

Zurich, Zurich, Switzerland

About

Relai is a bitcoin-only app from Switzerland. Buy Bitcoin instantly and hold your own keys. Join 50,000 others using Relai and start your bitcoin journey. Driven by the belief that Bitcoin is the best way to save money, Relai is raising a new generation of long-term investors by giving them simple, user-friendly, and secure access to Bitcoin. Founded in Switzerland by Julian Liniger and Adem Bilican after they struggled to find a safe, hassle-free space for buying bitcoin, Relai is making bitcoin saving and investment accessible for everyone. The bitcoin-only app is simple and intuitive, enabling anyone to buy and sell bitcoin within minutes, with no need for registration, verification, or deposits.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Relai raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsArsen T., Marketing LeadSee plans and pricing
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Relai raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.