Tech Company Financing Transactions
Relay Funding Round
Relay, based in Toronto ON, raised $13 million in investment from Sovereign's Capital, private investors and Wind River Ventures.
Transaction Overview
Company Name
Announced On
4/26/2023
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to continue accelerating its growth rate, scale the team, and support further product R&D innovation.
Company Information
Company Status
Acquired or Merged
Industry
Mobile
Mailing Address
185 Howland 3
Toronto ON, M5R 3B7
Canada
Toronto ON, M5R 3B7
Canada
Phone
Undisclosed
Website
Email Address
Overview
Relay helps you discover the newest and best visual entertainment from around the web with a beautiful and simple mobile app. Relay makes it super easy to find great GIFs, videos and images and send them ("relay" them) to your friends.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Jon McGee
Co-Founder
Joe Rideout
Browse more venture capital transactions:
Prev: 4/26/2023: AirOps venture capital transaction
Next: 4/26/2023: Orbital Therapeutics 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