Tech Company Financing Transactions
Relay Technology Funding Round
Plural Platform and private investors participated in a $35 million Series A funding round for Relay Technology. The round was announced on 2/26/2025.
Transaction Overview
Company Name
Announced On
2/26/2025
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Series A
Investors
Plural Platform (Lead Investor) (Taavet Hinrikus)
Proceeds Purpose
This new capital will help scale Relay's delivery network nationwide and to continue building a world-class engineering and operational team.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
63-66 5th Floor, Hatton Garden 23
London, England, EC1N 8LE
UK
London, England, EC1N 8LE
UK
Phone
Undisclosed
Website
Email Address
Overview
Every single one of us places multiple orders online every year. On a world changing scale we can all agree that e-commerce is transformative in our lives. Yet, when we zoom into the specifics of e-commerce delivery, we find diverse approaches around the world.In Asia, delivery companies were founded post the dawn of the internet and purpose built for e-commerce, in Europe and the US, delivery companies are all 50-500 years old and were built for a world pre-internet.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jonathan Jenssen
Chief Technical Officer
Jeremy Hoon
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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