United States · Funded startup

Who invested in Relay

8 rounds we have observed, with the 36 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AIB2BBiotechConstruction

Raised 1 month ago

Funding summaryUpdated 5 Nov 2026

$207Mraised across 8 rounds since 2013, from 10 sources

$63MSeries B$50MGrowth
Latest round
Round, $36MOct 2026
Led by
International Paper
Biggest round
$63MSeries B · Dec 2017
Investors
36 (5 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013201520172019202120232025
$700KSeed$63MSeries B$1.7MSeed$3.1MSeed$35MSeries A$17MSeries B$36MRound
First round
Seed, $700K
Feb 2013
Biggest round
$63M
Series B · Dec 2017
Usual gap between rounds
17 months
the median of 7

The rounds

  1. Oct 2026
  2. May 2026
  3. Feb 2026
    Series B$17M2 new

    Reported by VentureburnSEC filing: $42M sold

  4. Feb 2025
  5. Oct 2023
  6. Dec 2021
    Seed$1.7M3 new

    Also list them on their own siteVariant

    Source recorded and 1 other

  7. Dec 2017
  8. Feb 2013

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

General CatalystVC firm1round, led 1
Union Square VenturesVC firm1round, led 1
ArchetypeVC firm1round, led 1
PluralVC firm1round, led 1
International PaperInvestment firm1round, led 1
Andreessen HorowitzVC firm1round
Khosla VenturesVC firm1round
BoxGroupVC firm1round
DCVCVC firm1round
NeoAccelerator1round
Inovia CapitalVC firm1round
Social CapitalVC firm1round
Tribe CapitalVC firm1round
Icehouse VenturesVC firm1round
Blackbird VenturesVC firm1round
Project A VenturesVC firm1round
Casdin CapitalVC firm1round
Valar VenturesVC firm1round
Graph VenturesVC firm1round
Panache VenturesVC firm1round
Third Rock VenturesVC firm1round
BIP VenturesVC firm1round
EcoR1 CapitalPrivate equity1round
Real VenturesVC firm1round
Section 32VC firm1round
G2 Venture PartnersVC firm1round
Anand AgarawalaAngel1round
Prologis VenturesVC firm1round
Cerity Partners VenturesCorporate VC1round
Wind River VenturesVC firm1round
BVF Partners/ GVno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 6 firms list Relay as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

6th Man VenturesVC firmPer its own site
VariantVC firmPre-seed, 2021, per its site
1kxVC firm2022, per its site
Rainfall VenturesVC firmPer its own site
Mistral Equity PartnersPrivate equityPer its own site
ShapeShiftInvestment firmPer its own site

Quick answers about Relay

Who invested in Relay?

Relay's investors include General Catalyst, Union Square Ventures, Archetype, Plural and International Paper, and 31 more on record. International Paper led its latest round.

How much has Relay raised?

Relay has raised $207M across 8 rounds since 2013.

When did Relay last raise?

Relay's most recent round was an Undisclosed round of $36M in Oct 2026, led by International Paper.

What was Relay's biggest round?

Relay's largest round on record is $63M (Series B), in Dec 2017.

Who backed Relay first?

Relay's first round on record, in Feb 2013, was backed by Social Capital, The Social+Capital Partnership and Valar Ventures and 3 others.

What stage is Relay at?

Relay's latest named round is an Undisclosed round, in Oct 2026.

Where is Relay based?

Relay is based in the United States.

Who led Relay's rounds?

Plural led the Series A in 2025; Union Square Ventures led the Series B in 2026; General Catalyst led the Growth in 2026; International Paper led the Undisclosed round in 2026.

Companies like Relay

In the same sector, and raised in the last eighteen months.

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