Relay Financial
PrivateLast Round
Strategic
May 19, 2026
Total Funding Raised
$143.8M
Momentum
Top 10%
of companies Caplight tracks
Company Overview
Relay Financial operates in FinTech and is based in Toronto. Its latest recorded funding round was a Strategic round in May 2026.
Relay Financial is a fintech company that provides an online business banking and money management platform designed to automate financial management for small and medium-sized businesses.
Sector
FinTech
Verticals
Digital Banking, Accounting & Expense, Corporate Banking, Lending & Credit, Digital Payments
Business Model
B2B
Customer Profile
Payment Processing Fee, Subscription SaaS, Data as a Service
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Relay Financial Comparables
Compare Relay Financial with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Novo | 86% | |
| Bluevine | 85% | |
| Lili | 84% |
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Relay Financial Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Strategic | May 19, 2026 | ||||
| Series B | May 29, 2024 | ||||
| Series B | Feb 6, 2024 | ||||
| Seed | Nov 22, 2023 | ||||
| Series A | May 13, 2021 | ||||
Seed | Oct 19, 2020 |
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Key People
Founding team and executive leadership
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Relay Financial Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Bain Capital Ventures | Seed, Series A, Series B |
| General Catalyst's Customer Value Fund | Strategic |
| Panache Ventures | Series A, Seed |
| Tapestry | Series B |
| Prologis Ventures | Seed |
| Tribe Capital | Series A, Seed |
| Garage Capital | Series A, Series B, Seed |
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Market signals
Structured signals derived from secondary market and firmographic data.
- May 19, 2026
$50M round led by General Catalyst's Customer Value Fund.
- May 11, 2026
Trusted by over 321,000 small business owners.
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Recent news
Latest coverage and updates
- partners_withOct 19, 2026
Relay Fi and Nium partner to let small-business customers collect, convert, send and spend funds internationally, processing more than $500 million in cross-border payments in their first year.
- has_revenueAug 20, 2026
Relay Fi reaches an estimated $35.3M in revenue in Jun '24.
- recognized_asAug 13, 2026
FreelancePick ranks Relay Fi among the top free bank accounts for freelancers in its 2026 review, published on Aug 13th '26.
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Relay Financial Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Relay Financial's valuation, stock price, and market status.
Is Relay Financial a public or private company?
Relay Financial is a private company.
What is the current stock price of Relay Financial?
Relay Financial is a private company, so its shares have no public market price. Caplight tracks Relay Financial's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Relay Financial worth (valuation)?
Valuation information for Relay Financial is not publicly available.
Can I buy Relay Financial stock?
Relay Financial shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Relay Financial's last funding round?
Relay Financial's most recent funding round was Strategic on May 19, 2026.
Who are the main investors in Relay Financial?
Key investors in Relay Financial include Bain Capital Ventures, General Catalyst's Customer Value Fund, Prologis Ventures, Better Tomorrow Ventures, General Catalyst.
Will Relay Financial IPO soon?
No public IPO plans have been announced for Relay Financial.
How can I track Relay Financial secondary market activity?
Caplight tracks bids, offers, and trades in Relay Financial's shares on secondary markets.