# Relay Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/relay-technologies

- Industry: Software
- Headquarters: London, UK
- Website: www.relaytech.co
- Total disclosed funding: $45M
- Latest round: Series A (Feb 26, 2025)
- Investors on record: 3

## About

Based in London, UK, and founded in 2022, Relay Technologies Limited, a.k.a. Relay operates as a provider of a delivery network platform that offers fleet couriers a distributed hyperlocal network for delivery. In November 2023, Relay Technologies Limited raised USD 10 million in seed funding, co-led by Prologis Ventures and Project A Ventures.

The company provides a tech-enabled delivery network that enables a parcel delivery service that encompasses the first, middle, and last miles, moving goods from eCommerce retailers’ warehouses to consumers’ doorsteps. Relay’s API-first technology platform allows retailers to monitor parcel journeys from start to finish through live-tracking and routing optimization features.

The company plans to use its proceeds from November 2023 funding to expand its delivery service for retailers across the United Kingdom.

## Funding rounds

- Series A, Feb 26, 2025, $35M — Prologis, Project A, Plural Ventures
- Seed, Nov 22, 2023, $10M — Prologis, Project A

## Investors

- Prologis (https://capitalatlas.ai/funds/prologis) — Seed, Series A
- Project A (https://capitalatlas.ai/funds/project-a) — Seed, Series A
- Plural Ventures (https://capitalatlas.ai/funds/plural-ventures) — Series A