Relay Protocol
Latest round
- Series B
Last raised
- Jan 2026
Total raised
- $41M
Investors
- 13
About Relay Protocol
Relay Protocol formerly known as Reservoir provides an innovative infrastructure facilitating seamless data integration and cross-chain settlement for various sectors, enhancing operational efficiency and decision-making. Based in New South Wales, Australia, and founded in 2021 by CEO Peter Watts and COO Jason Maier, Relay Protocol formerly known as Reservoir, operates as a software company that allows for the release of next-generation NFT products and specializes in technological infrastructure for cross-chain settlement. The company's core offerings focus on technological solutions that improve operational efficiency across sectors. Their flagship product is a comprehensive software platform for data analytics and workflow optimization, used by clients in logistics, healthcare, and finance to manage extensive datasets and enhance operational outcomes. Their customer base spans North America, Europe, and Asia, servicing a diverse range of clients from small businesses to large corporations. Relay Protocol's revenue model primarily relies on subscription-based services, providing clients access to their software through tiered pricing plans. This model ensures recurring revenue while offering clients flexibility to scale usage according to their business needs. Transactions are conducted directly between the firm and clients, encompassing B2B relationships and direct-to-consumer sales. Partnerships with key industry players further amplify their reach and revenue potential, with the flagship software platform playing a critical role in client retention and revenue growth through continuous service enhancements. The company aims to utilize this capital to enhance product offerings and expand into new markets, specifically targeting growth in Europe and Asia by 2027. This strategy is aimed at increasing their market share and improving operational capabilities across diverse sectors.
Who invested in Relay Protocol
13 investors across 3 rounds
See all investors in Relay Protocol
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Relay Protocol
Who invested in Relay Protocol?
Relay Protocol has 13 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Relay Protocol raised?
Relay Protocol has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Relay Protocol last raise money?
Relay Protocol's most recent round on record is a Series B, in Jan 2026.
What does Relay Protocol do?
Relay Protocol formerly known as Reservoir provides an innovative infrastructure facilitating seamless data integration and cross-chain settlement for various sectors, enhancing operational efficiency and decision-making.
Where is Relay Protocol headquartered?
Relay Protocol is headquartered in Sydney, Australia.
Which VCs invest in companies like Relay Protocol?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Movac back software companies at Relay Protocol's stage. Their profiles are linked below.
VCs backing software startups at Series B
Raising like Relay Protocol? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.