FundedIQ
Consumer Services

Relay: Funding, Investors & Team (Sep 2026)

All of us make multiple online orders every year. E-commerce has had a transformative impact on our lives worldwide. However, when we focus on the details of e-commerce delivery, we find a variety of approaches around the world. In Asia, delivery companies were established after the internet became prevalent and were specifically designed for e-commerce. On the other hand, in Europe and the US, delivery companies have been around for 50-500 years and were originally created for a world without the internet. Relay aims to revolutionize e-commerce delivery by reconfiguring the essential delivery infrastructure to accommodate the growth of e-commerce in Europe and the US. Not only do we improve delivery speed and cost for retailers and consumers significantly, but we also prioritize the well-being of our delivery drivers and the environment. Relay is expected to bring about the most significant change in online delivery since the internet came into existence, and we are excited to introduce it to you.

relaytech.co LinkedIn London, United Kingdom 11-50 employees
Consumer B2B
Total raised
$45.0M
Rounds
2
Latest
Series A
Feb 2025

Relay has raised $45.0M across 2 funding rounds on record, the most recent a Series A of $35.0M announced in Feb 2025.

That round is above the $2.9M median round size for Consumer Services companies tracked on FundedIQ over the last two years.

Relay Company Profile and Key Stats

Total funding raised
$45.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series A
$35.0M in Feb 2025
Employees
11-50
reported band
Headquarters
London, United Kingdom

Latest funding round on record: Feb 2025.

Relay Funding Rounds

Date
Round
Amount
Series A
$35.0M
Seed
$10.0M

Relay raised $10.0M in a Seed announced in Nov 2023.

1.3 years later, a Series A of $35.0M was announced in Feb 2025.

Relay Founders and Leadership Team

Name
Role
Contact
Jonathan Jenssen
Founder
Paul Miller
CEO

No contact details are on record for this team yet.

Relay Funding Compared to Other Consumer Services Startups

Segment
Companies
Median round
5,285
$4.0M
8,378
$15M

Relay's latest round of $35.0M is above the median round in Consumer Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Relay in Consumer Services and London

Companies Similar to Relay

Relay Funding FAQs

What does Relay do?

All of us make multiple online orders every year. E-commerce has had a transformative impact on our lives worldwide. However, when we focus on the details of e-commerce delivery, we find a variety of approaches around the world. In Asia, delivery companies were established after the internet became prevalent and were specifically designed for e-commerce. On the other hand, in Europe and the US, delivery companies have been around for 50-500 years and were originally created for a world without the internet. Relay aims to revolutionize e-commerce delivery by reconfiguring the essential delivery infrastructure to accommodate the growth of e-commerce in Europe and the US. Not only do we improve delivery speed and cost for retailers and consumers significantly, but we also prioritize the well-being of our delivery drivers and the environment. Relay is expected to bring about the most significant change in online delivery since the internet came into existence, and we are excited to introduce it to you.

How much funding has Relay raised?

Relay has raised $45.0M across 2 rounds on record. The most recent is a Series A of $35.0M announced in Feb 2025.

When did Relay last raise funding?

Relay's most recent funding round on record is a Series A of $35.0M, announced in Feb 2025.

Who founded Relay?

FundedIQ lists Jonathan Jenssen (Founder) at Relay.

Who is the CEO of Relay?

Paul Miller is listed as CEO at Relay.

Where is Relay headquartered?

Relay is based in London, England, United Kingdom.

How many employees does Relay have?

Relay is in the 11-50 employee band.

How does Relay's funding compare to other Consumer Services startups?

Relay's latest round of $35.0M is above the $2.9M median round size for Consumer Services companies on FundedIQ across 22 tracked companies over the last two years.

About FundedIQ's Relay Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Relay is left off this page rather than filled in.

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