Canada · Investor

Relay Ventures

Last cheque observed Nov 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietNew fund $200M, Nov 2016VC firmNow at relay.vc

Pre-seedSeedSeries AVideogamesFintechSports

Cheques on record
0%of best year0cheques in 12 months, 56 on record
Since the last cheque4731days00hrs00min00sec
Median round$7.2MCheque size, as they say$100K – $1.0MRounds led0 of 56Sole investor5 roundsExits16 from the portfolioMostly inUnited States, 65%
Pitch Relay Ventures

Relay Ventures highlights

  1. 01

    56 rounds on record

  2. 02

    Mostly Series B and Series A: 46% of its rounds

  3. 03

    Sole investor in 5 rounds, median $5.0M

  4. 04

    16 exits from the portfolio

What they do

Type
VC firm (from a list, unverified)
Cheque size
$100K – $1.0M as they say
Stages
Pre-seedSeedSeries A
Sectors
VideogamesFintechSports
Based in
Toronto, Canada
Cold pitches
Not stated

The record

Every round we can evidence, newest first56 appearances

  1. 2013

    9 rounds

  2. Nov
    ScanaduSeries A · US · techcrunch.com$11MWith 6 others
  3. Oct
    MOJIOSeed · CA · techvibes.com$2.3MWith 2 others
  4. Oct
    GobstopperSeed · US · finsmes.com$1.8MWith 4 others
  5. Sept
    Kira TalentSeed · CA · us5.campaign-archive1.com$2.0MWith 3 others
  6. Sept
    PubNubSeries B · US · techcrunch.com$11MWith 3 others
  7. Jul
    AppceleratorSeries E · US · techcrunch.com$12MWith 8 others
  8. Jun
    Tempo AISeries A · US · techcrunch.com$10MWith 9 others
  9. Apr
    theScore, Inc.Venture · CA · pehub.com$16MWith 2 others
  10. Mar
    ClearFitSeries A · US · techcrunch.com$7.0MWith 1 other
  11. 2012

    14 rounds

  12. Dec
    InfluitiveSeries A · CA · techcrunch.com$7.3MWith 8 others
  13. Dec
    Fuse Powered Inc.Seed · CA$5.2MWith 1 other
  14. Oct
    JelliVenture · US · techcrunch.com$9.0MWith 2 others
  15. Aug
    InfluitiveSeed · CA · altassets.net$3.8MWith 10 others
  16. Aug
    TribeHRVenture · CA · finsmes.com$2.5MWith 1 other
  17. Aug
    ShopLocketSeed · CA · thenextweb.com$1.0MWith 4 others
  18. Jul
    KiipSeries B · US · finance.yahoo.com$11MWith 4 others
  19. Jun
    Rally.orgSeries A · US · finance.yahoo.com$7.9MWith 20 others
  20. Jun
    NEXAGESeries B · US · techcrunch.com$15MWith 3 others
  21. Mar
    PubNubSeries A · US · techcrunch.com$4.5MWith 2 others
  22. Mar
    Adaptive InsightsSeries E · US · finsmes.com$22MWith 4 others
  23. Feb
    AppceleratorSeries C · US · fis.dowjones.com$16MWith 1 other
  24. Jan
    Extreme StartupsVenture · CA · techcrunch.com$7.0MWith 4 others
  25. Jan
    PubNubVenture · US$1.5MSole investor
  26. 2011

    9 rounds

  27. Dec
    Tempo AISeed · US · techcrunch.com$2.5MWith 12 others
  28. Nov
    Catalog SpreeSeries A · US · finsmes.com$6.5MWith 2 others
  29. Sept
    AchieversSeries C · US · techcrunch.com$25MWith 3 others
  30. Sept
    mDialogSeries A · CA · techcrunch.com$4.9MWith 1 other
  31. Sept
    AchieversVenture · US · finsmes.com$14MWith 3 others
  32. May
    Fuse Powered Inc.Seed · CA · fusepowered.com$400KWith 1 other
  33. Apr
    DigbySeries C · US · dmwmedia.com$8.0MWith 3 others
  34. Apr
    PayfoneSeries C · US · finsmes.com$19MWith 5 others
  35. Jan
    Neuralitic SystemsSeries B · CA · finsmes.com$8.0MWith 4 others
  36. 2010

    8 rounds

  37. Oct
    ViewdleSeries B · US · techcrunch.com$10MWith 3 others
  38. Aug
    AppiaSeries B · US · techcrunch.com$15MWith 2 others
  39. Aug
    PayfoneSeries B · US · blogs.wsj.com$11MWith 2 others
  40. Jun
    AeponaSeries C · GB · aepona.com$10MWith 8 others
  41. Jun
    TransperaSeries C · US · techcrunch.com$9.0MWith 6 others
  42. Apr
    BrickstreamVenture · US$8.7MWith 3 others
  43. Apr
    XobniSeries C · US · techcrunch.com$16MWith 6 others
  44. Jan
    ecobeeVenture · CA · finsmes.com$6.4MWith 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 11 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Who backs their funds

7 LPs on record in Relay Ventures's funds

Funds
1

The institutions that put money into its funds, which the firm then invests in companies.Source: fund news.

Exits from the portfolio

Companies it backed that were later bought or listed16 in all

AchieversBought by BlackHawk NetworkUndisclosedJun 2015
Tempo AIBought by SalesforceUndisclosedMay 2015
AppiaBought by Digital Turbine$100MNov 2014
NEXAGEBought by Millennial Media$108MSept 2014
mDialogBought by GoogleUndisclosedJun 2014
DigbyBought by PhunwareUndisclosedMay 2014
TribeHRBought by NetSuiteUndisclosedOct 2013
XobniBought by Yahoo!$48MJul 2013
AeponaBought by Intel$130MApr 2013
Neuralitic SystemsBought by GuavusUndisclosedJan 2013
WorldMateBought by Carlson Wagonlit TravelUndisclosedOct 2012
ViewdleBought by Motorola Mobility$45MOct 2012
Tungle.meBought by BlackBerryUndisclosedApr 2011
GlassBoxBought by Blue Ant MediaUndisclosedApr 2011
TransperaBought by Tremor VideoUndisclosedFeb 2011
SocialDeckBought by GoogleUndisclosedAug 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as Relay Ventures. A count of rooms they were both in, not a relationship either has claimed.

GrandBanks CapitalVC firm6rounds togetherFirst Round CapitalVC firm5rounds togetherBDC CapitalVC firm4rounds togetherMayfield FundVC firm4rounds togetherQualcommCorporate VC4rounds togetherRBC Venture PartnersVC firm4rounds togetherGolden Venture PartnersVC firm3rounds togetherOntarioGovernment3rounds togetherRRE VenturesVC firm3rounds togetherSierra VenturesVC firm3rounds togetherSingtel Innov8Corporate VC3rounds together500 GlobalAngel2rounds together

Quick answers about Relay Ventures

What does Relay Ventures invest in?

Relay Ventures invests most often at Series B and Series A (46% of the rounds on record), in sectors such as Videogames, Fintech and Sports.

How active is Relay Ventures?

56 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2013.

How big are Relay Ventures's cheques?

The median round it joins is $7.2M. It says it writes cheques of $100K to $1.0M.

Does Relay Ventures lead rounds?

Rarely, if at all: none of its 56 investments on record names it as the lead.

Where does Relay Ventures invest?

Most of the companies it backs are in the United States (65%) and Canada (33%).

Is Relay Ventures investing now?

No investments in the last 12 months; the latest was in Nov 2013.

Who does Relay Ventures invest alongside?

Most often GrandBanks Capital (6 rounds together), First Round Capital (5 rounds together) and BDC Capital (4 rounds together).

What kind of investor is Relay Ventures?

Relay Ventures is a VC firm based in Toronto, Canada.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it