Fundz

Uber-For-Parcels Startups Relay Raises $10M Seed Round To Scale In The Uk

PRIVATENov 22, 2023

Amount Raised

$10 Million

Round Type

Seed

Software

Description

Thus, Relay, which has a delivery platform for e-commerce companies has raised a $10 million seed round, led by Project A Ventures of Berlinm and Prologis Ventures in the US.

Quick answer

Relay raised $10 Million in a Seed round, dated November 22, 2023.

How much did Relay raise?
Relay raised $10 Million in a Seed round on November 22, 2023.
What does Relay do?
Relay is on a mission to rewire the backbone of ecommerce delivery.
Where is Relay based and how big is it?
Fundz records about 118 employees.
Who are the decision-makers at Relay?
Fundz holds 3 contacts at Relay, including the Global Talent Partner. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software around the same time

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

  • Cursor raised $8M (Funding Round) on October 11, 2023.
  • Impact Analytics raised $32M on January 5, 2024.
  • Nabla raised $24M (Series B) on January 5, 2024.
  • Polar Signals raised $6.8M on January 5, 2024.
  • Vigilant Ops raised $2M (Seed) on January 4, 2024.
  • BlueMatrix raised an undisclosed amount (Corporate Round) on January 4, 2024.

Who to call at Relay, and when

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

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

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Company Information

Company

Relay

Location

United Kingdom

About

Relay is on a mission to rewire the backbone of ecommerce delivery. Its AI-powered platform enables a decentralised delivery model using hyperlocal nodes, moving away from incumbents' inefficient “hub and spoke” model.

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

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

Related People

3 contacts
Verified contactsZara N., Global Talent Partner hidden hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Relay's next move

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Relay 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.