# Relai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/relai

- Industry: Financial Services
- Headquarters: Zurich, Switzerland
- Website: www.relai.app
- Total disclosed funding: $15M
- Latest round: Series A (Dec 10, 2024)
- Investors on record: 6

## About

Founded in 2020 by co-founders Julian Liniger and Adem Bilican and based in Zurich, Switzerland, Relai AG is a developer of a mobile application that provides cryptocurrency services such as individual and business Bitcoin transactions, self-custodial wallets, and auto-invest plans. In December 2024, Relai AG raised USD 12 million in series A funding led by returning investor ego death capital, with participation from new investors Solit Group and Plan B Bitcoin Fund. Another returning investor Timechain also participated in the round.

Relai offers a mobile application that allows users to buy, sell, and hold Bitcoin. The app supports payments via bank transfers, credit cards, debit cards, Apple Pay, and Google Pay. It features a self-custodial wallet, ensuring users have full control over their Bitcoin. The platform allows users to set up automatic Bitcoin purchases on a weekly or monthly basis. Additionally, the company offers personalized support and price execution through multiple trading venues for individuals and investors. The firm also provides guidance and acquisition of Bitcoin for company balance sheets. Relai offers educational materials, including a free e-book, a blog, and a newsletter, to help users understand Bitcoin and investment strategies.

The company plans to use the December 2024 funding to enhance product development, scale its app to over 400 million users, and solidify its position as Europe's leading Bitcoin-only platform.

## Funding rounds

- Series A, Dec 10, 2024, $12M — Timechain, ego death capital
- Series A, Jun 17, 2021, $2.8M — ACE & Company, Redalpine, Polytech Ventures, Fulgur Ventures

## Investors

- ACE & Company (https://capitalatlas.ai/funds/ace-company) — Series A
- Redalpine (https://capitalatlas.ai/funds/redalpine) — Series A
- Polytech Ventures (https://capitalatlas.ai/funds/polytech-ventures) — Series A
- Fulgur Ventures (https://capitalatlas.ai/funds/fulgur-ventures) — Series A
- Timechain — Series A
- ego death capital (https://capitalatlas.ai/funds/ego-death-capital) — Series A