United States · Logistics & supply chain startup

Relay Payments

Relay Payments is a fintech company based in Atlanta, Georgia, founded in 2019 by Ryan Droege and Spencer Barkoff.

Funding reportedLast round: Undisclosed round

Logistics & supply chainAtlanta, United States

About Relay Payments

Relay Payments is a fintech company based in Atlanta, Georgia, founded in 2019 by Ryan Droege and Spencer Barkoff.

The company operates a digital payment network tailored for the freight, logistics, and supply chain industries. Its mission is to modernize over-the-road payments, facilitating faster product deliveries by streamlining payment processes. Relay Payments offers an end-to-end digital payment solution through a mobile app and electronic platform. Key services include instant lumper payments, secure diesel fuel payments, and features for parking and scale services. The platform also integrates with Electronic Logging Devices (ELDs) to enhance fraud prevention and provides digital receipts for all transactions. Relay Payments serves a wide range of customers, including carriers, drivers, freight brokers, shippers, and merchants, helping them optimize operations and improve efficiency in their payment processes. The company has raised approximately $95 million in funding and is recognized as one of the fastest-growing private fintech companies.

What company datasets say Relay Payments raised

Funding, as reported

Reported in all$43Min dollars
Rounds3
Last roundUndisclosed round
Last round size$45M
Last round dateMar 2021
Investors listed6
SEC Form D$88M sold, 3 filings, last Jul 2021

Founders and team

From the SEC filings it signed: 2 on the team.

  • Ryan DroegeExecutive Officer, Directori
  • Spencer BarkoffExecutive Officer, Directori

On the board, as filediLee Fixel

On 3 portfolio pages

Investors who name them

Each firm lists Relay Payments on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

fleet cost controldigital paymentslong-term parking reservationspayment securityreservemerchant networkgeofencing technologylumper paymentspayment automationfleet cash flow managementscales paymentsinformation technology & servicessecure fuel paymentslogistics & supply chainfinancial servicesmobile app

Built with from their website

PlaidLinkedin Sign-inJira Service ManagementDockerAmazon SESGoogle Tag ManagerdbtAdminHREF LangAtlassian

+8 more

React NativePostmarkAWS Application Load BalancerGoogle WorkspaceCloudFlareViewport MetaAppsFlyerAmazon Simple Email Service

Sector
Logistics & supply chain
Industry code
NAICS 522320, 488510, SIC 7389
Region
Georgia
Revenue
$38M a year, as listed
Full record
Every detail in the company directory

Logistics & supply chain in United States

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