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You are here: Home1 / Relay for Business2 / Relay Closes $13 Million Series A Funding Round

Relay Closes $13 Million Series A Funding Round

May 1, 2023/0 Comments/in Relay for Business

We are proud to announce the close of a $13 million Series-A funding round from Sovereign’s Capital, Wind River Ventures, and existing shareholders. The funds will support continued growth and development of innovative technology to improve communications, increase employee safety, and digitize physical workflows for frontline teams. 

 

While many technology companies are experiencing declining revenues and layoffs, Relay has seen revenue growth of over 130% year-over-year, and has added high-profile customers across several frontline industries as businesses urgently search for ways to improve their productivity in the face of recessionary market conditions and unprecedented labor shortages.

For the full details, read the Press Release.

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https://blog.relaypro.com/wp-content/uploads/2023/05/funding-relay-announcement.png 711 1747 Travis Aptt https://blog.relaypro.com/wp-content/uploads/2021/02/relay_blog.svg Travis Aptt2023-05-01 16:20:222023-05-01 16:21:08Relay Closes $13 Million Series A Funding Round
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