# Relay Ventures: portfolio, investments and team

> Relay Ventures is a vc firm based in United States. 97 investments on record, 5 in the last 12 months, latest Jun 2026.

Source: https://millionrounds.com/fund/relay-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Relay Ventures

Last cheque observed Jun 2026; 97 cheques on record.

Email

Deploying now VC firm

Seed Series A Sports Media Digital

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Deploying now

**36%** of best year **5** **cheques in 12 months**, 97 on record

Since the last cheque **153** days **00** hrs **00** min **00** sec

Median round **$5.2M** Rounds led **4 of 97** Sole investor **11 rounds** Exits **3 from the portfolio** Mostly in **Canada, 55%**

Pitch Relay Ventures

## Relay Ventures highlights

- 01 5 cheques in the last 12 months
- 02 Mostly Seed and Venture: 64% of its rounds
- 03 Sole investor in 11 rounds, median $5.3M
- 04 3 exits from the portfolio

## What they do

> Relay Ventures is a venture capital firm that partners with founders from seed stage onward. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Stages:** Seed Series A
- **Sectors:** Sports Media Digital
- **Based in:** Toronto, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **97 appearances**

- **2026** 4 rounds
- **Jun** **[ALT Sports Data](https://millionrounds.com/company/alt-sports-data)** Venture · US **$5.0M** With 2 others
- **Apr** **[PressBox](https://millionrounds.com/company/press-box)** Seed · US **$2.0M** With 1 other
- **Feb** **[The Curling Group](https://millionrounds.com/company/the-curling-group)** Seed · CA **$11M** With 1 other
- **Jan** **Mave** Seed · CA **$5.0M** With 1 other
- **2025** 12 rounds
- **Nov** **[Kiid AI](https://millionrounds.com/company/kiid-ai)** Seed · US **$4.0M** Sole investor
- **Oct** **[The Beans](https://millionrounds.com/company/the-beans)** Seed · US **$5.4M** With 4 others
- **Aug** **[Blue J](https://millionrounds.com/company/blue-j)** Series D · CA **$122M** With 8 others
- **Aug** **[Friendlier](https://millionrounds.com/company/friendlier)** Seed · CA **$3.3M** With 1 other
- **Jul** **[Trusty Estate](https://millionrounds.com/company/trusty-estate)** Pre-seed · CA **$729K** With 1 other
- **Jun** **[Promise Robotics](https://millionrounds.com/company/promise-robotics)** Debt · CA **$1.8M** With 3 others
- **May** **[Rally](https://millionrounds.com/company/rally)** Venture · US **$3.0M** With 4 others
- **Apr** **[Ownright](https://millionrounds.com/company/ownright)** Seed · CA · Alate Partners **$4.5M** With 2 others
- **Apr** **[Veecle](https://millionrounds.com/company/veecle)** DE **$1.6M** With 2 others
- **Apr** **[PressBox](https://millionrounds.com/company/press-box)** Pre-seed · US **$825K** Sole investor
- **Apr** **[ALT Sports Data](https://millionrounds.com/company/alt-sports-data)** Seed · US **$5.0M** With 2 others
- **Mar** **[FCTRY LAb](https://millionrounds.com/company/fctry-lab)** Series A · US · Elysian Park Ventures **$8.0M** Sole investor
- **2024** 8 rounds
- **Oct** **Mave** Pre-seed · CA · Alate Partners **$1.4M** *Led*
- **Sept** **[UJET](https://millionrounds.com/company/ujet)** Series D · US **$76M** With 3 others
- **Jun** **[The Logic](https://millionrounds.com/company/the-logic)** Venture · CA **$2.9M** Sole investor
- **May** **[GoodBuy Gear](https://millionrounds.com/company/goodbuy-gear)** Venture · US **Undisclosed** With 3 others
- **May** **[Woveo](https://millionrounds.com/company/woveo)** Grant · CA **$11K** With 1 other
- **Apr** **[Eirene](https://millionrounds.com/company/eirene)** Seed · CA **$3.0M** With 1 other
- **Jan** **[Swift Medical](https://millionrounds.com/company/swift-medical)** Venture · CA **$8.0M** With 5 others
- **Jan** **[Boomerang](https://millionrounds.com/company/boomerang)** Seed · US **$4.9M** With 2 others
- **2023** 6 rounds
- **Nov** **[Promise Robotics](https://millionrounds.com/company/promise-robotics)** Series A · CA · Alate Partners **$15M** With 6 others
- **Aug** **[Bird Canada](https://millionrounds.com/company/bird-canada)** Grant · CA **$367K** With 1 other
- **Jun** **[Train Fitness](https://millionrounds.com/company/train-fitness)** Seed · CA **$2.5M** With 5 others
- **Feb** **[DIANAR](https://millionrounds.com/company/dianar)** Seed · US **$1.8M** With 1 other
- **Feb** **[Cookin](https://millionrounds.com/company/cookin)** Seed · CA **$13M** With 2 others
- **Jan** **[The Easy Company](https://millionrounds.com/company/the-easy-company)** Seed · US **$14M** With 2 others
- **2022** 5 rounds
- **Nov** **[TouchBistro](https://millionrounds.com/company/touchbistro)** Growth · CA **$110M** With 4 others
- **Sept** **[Mainstay](https://millionrounds.com/company/mainstay)** Venture · US **Undisclosed** With 4 others
- **Aug** **[Populus](https://millionrounds.com/company/populus)** Series A · US **$11M** With 5 others
- **Aug** **[Blue Ant Media](https://millionrounds.com/company/blue-ant-media)** Venture · CA **Undisclosed** Sole investor
- **Feb** **[7shifts](https://millionrounds.com/company/7shifts)** Series C · CA **$80M** With 3 others
- **2021** 1 round
- **Mar** **[theScore](https://millionrounds.com/company/thescore)** **$186M** With 1 other
- **2020** 1 round
- **Feb** **[FreshGrade](https://millionrounds.com/company/freshgrade)** Venture **Undisclosed** With 3 others
- **2019** 4 rounds
- **Nov** **[The Logic](https://millionrounds.com/company/the-logic)** Seed · CA · Thelogic **$1.4M** With 1 other
- **Oct** **[7shifts](https://millionrounds.com/company/7shifts)** CA · FinSMEs **$6.0M** With 2 others
- **Sept** **[Greenlight](https://millionrounds.com/company/greenlight)** Series B · US · FinSMEs **$54M** With 5 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

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

JL **John Louis Albright** Shareholder and Director i Form ADV

KL **Kevin Lowell Talbot** Shareholder and Director i Form ADV

MJ **Mary Jeannette Wiltse** Shareholder and Director i Form ADV

We also hold **3** 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.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$599M** gross assets of its funds Oct 2026

**3+** funds on file numbered funds in its name

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Relay Ventures Canada II Inc.
- **SEC number:** CRD 327759

## What they claim to have backed

From their own portfolio page (on their website)

**9** of 36 we have independently watched raise

[Portfolio](https://millionrounds.com/company/pubnub)[Portfolio](https://millionrounds.com/company/bird)[Portfolio](https://millionrounds.com/company/the-logic)[Portfolio](https://millionrounds.com/company/padsplit)[Portfolio](https://millionrounds.com/company/dark-slope)[Portfolio](https://millionrounds.com/company/7shifts)[Portfolio](https://millionrounds.com/company/vts)[Portfolio](https://millionrounds.com/company/mojio)[Portfolio](https://millionrounds.com/company/payfone) Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio Portfolio func.media

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[Xobni](https://millionrounds.com/company/xobni)** Bought by [Yahoo!](https://millionrounds.com/fund/yahoo) **$48M** Jul 2013

**[WorldMate](https://millionrounds.com/company/worldmate)** Bought by Carlson Wagonlit Travel **Undisclosed** Oct 2012

**[GlassBox](https://millionrounds.com/company/glassbox)** Bought by Blue Ant Media **Undisclosed** Apr 2011

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

## The cheque

Seed Series A

Median round joined **$5.2M** the round, not its cheque Alone, median **$5.3M**

Led 4 of 97 rounds **4%**

- **Sole investor:** 11 rounds
- **Last cheque:** Jun 2026
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Seed said *29*
- Venture *20*
- Series A said *13*
- Series B *9*
- Series D *5*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 7
- [GMP Securities](https://millionrounds.com/fund/gmp-securities) 5
- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 4
- [Export Development Canada](https://millionrounds.com/fund/export-development-canada) 4
- [Mistral](https://millionrounds.com/fund/mistral) 4
- [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) 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.

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## 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.

[**BDC Capital** VC firm **7** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**GMP Securities** Investment firm **5** rounds together](https://millionrounds.com/fund/gmp-securities)[**Alumni Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Export Development Canada** Government **4** rounds together](https://millionrounds.com/fund/export-development-canada)[**Mistral** VC firm **4** rounds together](https://millionrounds.com/fund/mistral)[**Sapphire Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/sapphire-ventures)[**Alate Partners** VC firm **3** rounds together](https://millionrounds.com/fund/alate-partners)[**Google Ventures** Corporate VC **3** rounds together](https://millionrounds.com/fund/gv)[**Omers Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/omers-ventures)[**Precursor Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/precursor-ventures)[**Real Ventures** Family office **3** rounds together](https://millionrounds.com/fund/real-ventures-2)[**Salesforce Ventures** Corporate VC **3** rounds together](https://millionrounds.com/fund/salesforce-ventures)

## Recently backed

The latest companies Relay Ventures put money into.

[**ALT Sports Data** $5.0M · Jun 2026](https://millionrounds.com/company/alt-sports-data)[**The Curling Group** $11M · Feb 2026](https://millionrounds.com/company/the-curling-group)[**The Beans** $5.4M · Oct 2025](https://millionrounds.com/company/the-beans)[**Blue J** $122M · Aug 2025](https://millionrounds.com/company/blue-j)[**Friendlier** $3.3M · Aug 2025](https://millionrounds.com/company/friendlier)[**Trusty Estate** $729K · Jul 2025](https://millionrounds.com/company/trusty-estate)

## Quick answers about Relay Ventures

### What does Relay Ventures invest in?

Relay Ventures invests most often at Seed and Venture (64% of the rounds on record), in sectors such as Sports, Media and Digital.

### How active is Relay Ventures?

97 investments on record, 5 of them in the last 12 months, and it led 4. The most recent was in Jun 2026.

### What has Relay Ventures invested in recently?

Its most recent investments on record: ALT Sports Data (Venture, Jun 2026), PressBox (Seed, Apr 2026) and The Curling Group (Seed, Feb 2026).

### How big are Relay Ventures's cheques?

The median round it joins is $5.2M.

### Does Relay Ventures lead rounds?

Sometimes: it led 4 of its 97 investments on record (4%).

### Where does Relay Ventures invest?

Most of the companies it backs are in Canada (55%) and the United States (42%).

### Is Relay Ventures investing now?

Yes: it is actively investing, with 5 investments in the last 12 months.

### Who does Relay Ventures invest alongside?

Most often BDC Capital (7 rounds together), GMP Securities (5 rounds together) and Alumni Ventures (4 rounds together).

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