# Relay Ventures: portfolio, investments and team > Relay Ventures is a vc firm based in Canada. 56 investments on record, latest Nov 2013. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/relay-ventures-4 (Millionrounds; every figure on the page links to its filing or article) Canada · [Investor](https://millionrounds.com/investors) # Relay Ventures Last cheque observed Nov 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet New fund $200M, Nov 2016 VC firm Now at relay.vc Pre-seed Seed Series A Videogames Fintech Sports Cheques on record **0%** of best year **0** **cheques in 12 months**, 56 on record Since the last cheque **4731** days **00** hrs **00** min **00** sec Median round **$7.2M** Cheque size, as they say **$100K – $1.0M** Rounds led **0 of 56** Sole investor **5 rounds** Exits **16 from the portfolio** Mostly in **United States, 65%** Pitch Relay Ventures ## Relay Ventures highlights - 01 56 rounds on record - 02 Mostly Series B and Series A: 46% of its rounds - 03 Sole investor in 5 rounds, median $5.0M - 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-seed Seed Series A - **Sectors:** Videogames Fintech Sports - **Based in:** Toronto, Canada - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **56 appearances** - **2013** 9 rounds - **Nov** **[Scanadu](https://millionrounds.com/company/scanadu)** Series A · US · techcrunch.com **$11M** With 6 others - **Oct** **[MOJIO](https://millionrounds.com/company/mojio)** Seed · CA · techvibes.com **$2.3M** With 2 others - **Oct** **[Gobstopper](https://millionrounds.com/company/gobstopper)** Seed · US · finsmes.com **$1.8M** With 4 others - **Sept** **[Kira Talent](https://millionrounds.com/company/kira-talent)** Seed · CA · us5.campaign-archive1.com **$2.0M** With 3 others - **Sept** **[PubNub](https://millionrounds.com/company/pubnub)** Series B · US · techcrunch.com **$11M** With 3 others - **Jul** **[Appcelerator](https://millionrounds.com/company/appcelerator)** Series E · US · techcrunch.com **$12M** With 8 others - **Jun** **[Tempo AI](https://millionrounds.com/company/tempo-ai)** Series A · US · techcrunch.com **$10M** With 9 others - **Apr** **[theScore, Inc.](https://millionrounds.com/company/thescore-inc)** Venture · CA · pehub.com **$16M** With 2 others - **Mar** **[ClearFit](https://millionrounds.com/company/clearfit)** Series A · US · techcrunch.com **$7.0M** With 1 other - **2012** 14 rounds - **Dec** **[Influitive](https://millionrounds.com/company/influitive)** Series A · CA · techcrunch.com **$7.3M** With 8 others - **Dec** **[Fuse Powered Inc.](https://millionrounds.com/company/fuse-powered-inc)** Seed · CA **$5.2M** With 1 other - **Oct** **[Jelli](https://millionrounds.com/company/jelli)** Venture · US · techcrunch.com **$9.0M** With 2 others - **Aug** **[Influitive](https://millionrounds.com/company/influitive)** Seed · CA · altassets.net **$3.8M** With 10 others - **Aug** **[TribeHR](https://millionrounds.com/company/tribehr)** Venture · CA · finsmes.com **$2.5M** With 1 other - **Aug** **[ShopLocket](https://millionrounds.com/company/shoplocket)** Seed · CA · thenextweb.com **$1.0M** With 4 others - **Jul** **[Kiip](https://millionrounds.com/company/kiip)** Series B · US · finance.yahoo.com **$11M** With 4 others - **Jun** **[Rally.org](https://millionrounds.com/company/rally-org)** Series A · US · finance.yahoo.com **$7.9M** With 20 others - **Jun** **[NEXAGE](https://millionrounds.com/company/nexage)** Series B · US · techcrunch.com **$15M** With 3 others - **Mar** **[PubNub](https://millionrounds.com/company/pubnub)** Series A · US · techcrunch.com **$4.5M** With 2 others - **Mar** **[Adaptive Insights](https://millionrounds.com/company/adaptive-insights)** Series E · US · finsmes.com **$22M** With 4 others - **Feb** **[Appcelerator](https://millionrounds.com/company/appcelerator)** Series C · US · fis.dowjones.com **$16M** With 1 other - **Jan** **[Extreme Startups](https://millionrounds.com/company/extreme-startups)** Venture · CA · techcrunch.com **$7.0M** With 4 others - **Jan** **[PubNub](https://millionrounds.com/company/pubnub)** Venture · US **$1.5M** Sole investor - **2011** 9 rounds - **Dec** **[Tempo AI](https://millionrounds.com/company/tempo-ai)** Seed · US · techcrunch.com **$2.5M** With 12 others - **Nov** **[Catalog Spree](https://millionrounds.com/company/catalog-spree)** Series A · US · finsmes.com **$6.5M** With 2 others - **Sept** **[Achievers](https://millionrounds.com/company/achievers)** Series C · US · techcrunch.com **$25M** With 3 others - **Sept** **[mDialog](https://millionrounds.com/company/mdialog)** Series A · CA · techcrunch.com **$4.9M** With 1 other - **Sept** **[Achievers](https://millionrounds.com/company/achievers)** Venture · US · finsmes.com **$14M** With 3 others - **May** **[Fuse Powered Inc.](https://millionrounds.com/company/fuse-powered-inc)** Seed · CA · fusepowered.com **$400K** With 1 other - **Apr** **[Digby](https://millionrounds.com/company/digby)** Series C · US · dmwmedia.com **$8.0M** With 3 others - **Apr** **[Payfone](https://millionrounds.com/company/payfone)** Series C · US · finsmes.com **$19M** With 5 others - **Jan** **[Neuralitic Systems](https://millionrounds.com/company/neuralitic-systems)** Series B · CA · finsmes.com **$8.0M** With 4 others - **2010** 8 rounds - **Oct** **[Viewdle](https://millionrounds.com/company/viewdle)** Series B · US · techcrunch.com **$10M** With 3 others - **Aug** **[Appia](https://millionrounds.com/company/appia)** Series B · US · techcrunch.com **$15M** With 2 others - **Aug** **[Payfone](https://millionrounds.com/company/payfone)** Series B · US · blogs.wsj.com **$11M** With 2 others - **Jun** **[Aepona](https://millionrounds.com/company/aepona)** Series C · GB · aepona.com **$10M** With 8 others - **Jun** **[Transpera](https://millionrounds.com/company/transpera)** Series C · US · techcrunch.com **$9.0M** With 6 others - **Apr** **[Brickstream](https://millionrounds.com/company/brickstream)** Venture · US **$8.7M** With 3 others - **Apr** **[Xobni](https://millionrounds.com/company/xobni)** Series C · US · techcrunch.com **$16M** With 6 others - **Jan** **[ecobee](https://millionrounds.com/company/ecobee)** Venture · CA · finsmes.com **$6.4M** With 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. - [**Northleaf Capital Partners** 1 fund](https://millionrounds.com/fund/northleaf-capital-partners) Fund Vintage Committed Relay Ventures Fund III - - - [**Kensington Capital Partners** 1 fund](https://millionrounds.com/fund/kensington-capital-partners) Fund Vintage Committed Relay Ventures Fund III - - - [**Generation Capital** 1 fund](https://millionrounds.com/fund/generation-capital) Fund Vintage Committed Relay Ventures Fund III - - - [**La Caisse de dépôt et placement du Québec** 1 fund](https://millionrounds.com/fund/la-caisse-de-depot-et-placement-du-quebec) Fund Vintage Committed Relay Ventures Fund III - - - [**EDC** 1 fund](https://millionrounds.com/fund/edc) Fund Vintage Committed Relay Ventures Fund III - - - [**AEC** 1 fund](https://millionrounds.com/fund/aec) Fund Vintage Committed Relay Ventures Fund III - - - [**Royal Bank of Canada** 1 fund](https://millionrounds.com/fund/royal-bank-of-canada) Fund Vintage Committed Relay Ventures Fund III - - ## Exits from the portfolio Companies it backed that were later bought or listed **16 in all** **[Achievers](https://millionrounds.com/company/achievers)** Bought by [BlackHawk Network](https://millionrounds.com/fund/blackhawk-network) **Undisclosed** Jun 2015 **[Tempo AI](https://millionrounds.com/company/tempo-ai)** Bought by Salesforce **Undisclosed** May 2015 **[Appia](https://millionrounds.com/company/appia)** Bought by [Digital Turbine](https://millionrounds.com/fund/digital-turbine) **$100M** Nov 2014 **[NEXAGE](https://millionrounds.com/company/nexage)** Bought by Millennial Media **$108M** Sept 2014 **[mDialog](https://millionrounds.com/company/mdialog)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Jun 2014 **[Digby](https://millionrounds.com/company/digby)** Bought by [Phunware](https://millionrounds.com/fund/phunware) **Undisclosed** May 2014 **[TribeHR](https://millionrounds.com/company/tribehr)** Bought by [NetSuite](https://millionrounds.com/fund/netsuite) **Undisclosed** Oct 2013 **[Xobni](https://millionrounds.com/company/xobni)** Bought by [Yahoo!](https://millionrounds.com/fund/yahoo) **$48M** Jul 2013 **[Aepona](https://millionrounds.com/company/aepona)** Bought by [Intel](https://millionrounds.com/fund/intel) **$130M** Apr 2013 **[Neuralitic Systems](https://millionrounds.com/company/neuralitic-systems)** Bought by Guavus **Undisclosed** Jan 2013 **[WorldMate](https://millionrounds.com/company/worldmate)** Bought by Carlson Wagonlit Travel **Undisclosed** Oct 2012 **[Viewdle](https://millionrounds.com/company/viewdle)** Bought by [Motorola Mobility](https://millionrounds.com/fund/motorola-mobility) **$45M** Oct 2012 **[Tungle.me](https://millionrounds.com/company/tungle-me)** Bought by [BlackBerry](https://millionrounds.com/fund/cylance) **Undisclosed** Apr 2011 **[GlassBox](https://millionrounds.com/company/glassbox)** Bought by Blue Ant Media **Undisclosed** Apr 2011 **[Transpera](https://millionrounds.com/company/transpera)** Bought by Tremor Video **Undisclosed** Feb 2011 **[SocialDeck](https://millionrounds.com/company/socialdeck)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **Undisclosed** Aug 2010 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **$200M** raised in Nov 2016 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$7.2M** the round, not its cheque Alone, median **$5.0M** Led 0 of 56 rounds **0%** - **Said size:** $100K – $1.0M - **Sole investor:** 5 rounds - **Last cheque:** Nov 2013 - **Exits:** 16 from the portfolio Rounds by stage said on their site - Series B *14* - Series A said *12* - Venture *10* - Seed said *9* - Series C *9* - Series E *2* - Pre-seed said *-* Cheques by year Led Joined 2006 2013 Often in the room with - [GrandBanks Capital](https://millionrounds.com/fund/grandbanks-capital) 6 - [First Round Capital](https://millionrounds.com/fund/first-round-capital) 5 - [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 4 - [Mayfield Fund](https://millionrounds.com/fund/mayfield) 4 - [Qualcomm](https://millionrounds.com/fund/qualcomm) 4 - [RBC Venture Partners](https://millionrounds.com/fund/rbc-venture-partners) 4 **Pitching Relay Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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 Capital** VC firm **6** rounds together](https://millionrounds.com/fund/grandbanks-capital)[**First Round Capital** VC firm **5** rounds together](https://millionrounds.com/fund/first-round-capital)[**BDC Capital** VC firm **4** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Mayfield Fund** VC firm **4** rounds together](https://millionrounds.com/fund/mayfield)[**Qualcomm** Corporate VC **4** rounds together](https://millionrounds.com/fund/qualcomm)[**RBC Venture Partners** VC firm **4** rounds together](https://millionrounds.com/fund/rbc-venture-partners)[**Golden Venture Partners** VC firm **3** rounds together](https://millionrounds.com/fund/golden-venture-partners)[**Ontario** Government **3** rounds together](https://millionrounds.com/fund/ontario)[**RRE Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/rre-ventures)[**Sierra Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/sierra-ventures)[**Singtel Innov8** Corporate VC **3** rounds together](https://millionrounds.com/fund/singtel-innov8)[**500 Global** Angel **2** rounds together](https://millionrounds.com/fund/500-startups) ## 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. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=relay-ventures-4) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=relay-ventures-4)