Tech Company Financing Transactions
Relay Funding Round
Bain Capital Ventures, Garage Capital and Industry Ventures participated in a $32.2 million Series B funding round for Relay. This venture round was announced on 5/29/2024.
Transaction Overview
Company Name
Announced On
5/29/2024
Transaction Type
Venture Equity
Amount
$32,200,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its product development in spend management, smart credit products and a financial API marketplace.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
60 Adelaide East 700
Toronto, ON, M5C 3E4
Canada
Toronto, ON, M5C 3E4
Canada
Phone
Undisclosed
Website
Email Address
Overview
Small businesses are the backbone of the US economy and make up more than 90% of all companies in the country. Small businesses need banking that makes financial management easier, smarter and more streamlined. We're building business banking to help small businesses have greater financial clarity to build healthy, lasting businesses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Paul Klicnik
Co-Founder
Yoseph West
Browse more venture capital transactions:
Prev: 5/29/2024: Zenobe venture capital transaction
Next: 5/29/2024: Relectrify venture capital transaction
Share this article
News on VC Transactions
We do our best to document every notable VC transaction. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs