# Relay Network funding: rounds and investors > Relay Network has raised $48M across 4 rounds since 2011. Investors include NewSpring, First Round Capital and LLR Partners. Every round with its source. Source: https://millionrounds.com/company/relay-network (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Relay Network* 4 rounds we have observed, with the 5 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. IT Services Funding summary Updated 26 Oct 2026 **$48M** raised across 4 rounds since 2011, from 4 sources **$6.0M** Series A **$12M** Round **$30M** Round - **Latest round:** Round, $30M Dec 2019 - **Step-up i:** 2.5× - **Investors:** 5 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. 2011 2013 2015 2017 2019 **$6.0M** Series A **?** Venture **$12M** Round **$30M** Round - **First round:** Series A, $6.0M - **Biggest round:** $30M - **Usual gap between rounds:** 3.3 years ## The rounds - **Dec 2019** Round **$30M** *1 new* [LLR Partners](https://millionrounds.com/fund/llr-partners) Reported by Businesswire - **Jun 2016** Round **$12M** *1 returning* [NewSpring](https://millionrounds.com/fund/newspring) Reported by FinSMEs - **Mar 2013** Venture **Amount undisclosed** *1 new* [Karlani Capital](https://millionrounds.com/fund/karlani-capital) From a historical funding record - **Apr 2011** Series A **$6.0M** *3 new* [First Round Capital](https://millionrounds.com/fund/first-round-capital) [NewSpring](https://millionrounds.com/fund/newspring) [Intermediate Capital Group](https://millionrounds.com/fund/intermediate-capital-group) From a historical funding record ## Founders and team From Relay Network's own website: 4 on the team. - **Beckwith Cromer** Chief Experience Officer - **John Thomas** Chief Operating Officer - **Tim Wall** Chief Revenue Officer - **Todd Graber** Chief Financial Officer ## 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. **Series A** 2011 **Venture** 2013 **Round** 2016 **Round** 2019 [NewSpring](https://millionrounds.com/fund/newspring) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [LLR Partners](https://millionrounds.com/fund/llr-partners) [Karlani Capital](https://millionrounds.com/fund/karlani-capital) [Intermediate Capital Group](https://millionrounds.com/fund/intermediate-capital-group) ## Everyone who backed them [NewSpring](https://millionrounds.com/fund/newspring) Private equity **2** rounds [First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round [LLR Partners](https://millionrounds.com/fund/llr-partners) VC firm **1** round [Karlani Capital](https://millionrounds.com/fund/karlani-capital) VC firm **1** round [Intermediate Capital Group](https://millionrounds.com/fund/intermediate-capital-group) Growth equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=relay-network). ## Also claim to have backed them These 2 firms list Relay Network 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. [advisors.fund](https://millionrounds.com/fund/advisors-fund) VC firm Per its own site [Sixth Form Partners](https://millionrounds.com/fund/sixth-form-partners) Investment firm Per its own site ## Quick answers about Relay Network ### Who invested in Relay Network? Relay Network's investors include NewSpring, First Round Capital, LLR Partners, Karlani Capital and Intermediate Capital Group. ### How much has Relay Network raised? Relay Network has raised $48M across 4 rounds since 2011. One round did not disclose an amount, so the total is a floor. ### When did Relay Network last raise? Relay Network's most recent round was an Undisclosed round of $30M in Dec 2019. ### What was Relay Network's biggest round? Its most recent round, $30M in Dec 2019, is also its largest on record. ### Who backed Relay Network first? Relay Network's first round on record, in Apr 2011, was backed by First Round Capital, NewSpring and Intermediate Capital Group. ### What stage is Relay Network at? Relay Network's latest named round is an Undisclosed round, in Dec 2019. ### Where is Relay Network based? Relay Network is based in the United States. ## Companies like Relay Network In the same sector, and raised in the last eighteen months. [**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)[**Negosh** $3.1M · Oct 2026](https://millionrounds.com/company/negosh)[**StarLifter** $4.0M · Oct 2026](https://millionrounds.com/company/starlifter)[**Litewave.AI** $1.7M · Oct 2026](https://millionrounds.com/company/litewave-ai) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app