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Relay

Relay

Private
Raleigh, North CarolinaEnterprise Softwarehttps://relaypro.com/

Last Round

Early Stage

VC

May 5, 2026

Est. Valuation

$335M

Total Funding Raised

$48M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Relay is a wireless communications equipment company that develops a cloud-based platform and ruggedized hardware for frontline team communication, safety, and operational insights.

Sector

Enterprise Software

Verticals

Enterprise Communication, Cloud Communications, NLP & Conversational AI, IoT Hardware

Business Model

B2B

Customer Profile

Hardware + Subscription, Subscription SaaS

AI Layer

Application

Keywords

push-to-talkPTTfrontline communicationwalkie talkie appenterprise communicationteam coordinationoperational visibilityIoT hardwarereal-time translationworkforce managementSaaS communicationvoice over IPVoIPtask managementdigital radio

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Relay Comparables

Compare Relay with similar companies based on industry and business-model similarity.

Relay comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
weavix
81%
Zello
78%
Iliad
78%

Relay Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Early Stage VCMay 5, 2026
Series BJun 10, 2024
Series AApr 26, 2023
Corporate FundingMar 8, 2021

Key People

Founding team and executive leadership

Sai R.

CTO, Relay

Executive Team

Shiv Hira

Chief Financial Officer

Executive Team

Relay Investors

Notable investors and investment history

Relay investors
InvestorRounds
G2 VenturesSeries B
River CapitalSeries B, Series A
Sovereign's CapitalSeries B, Series A
G2 Venture PartnersSeries B
Wind River VenturesSeries B, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jul 28, 2026

    Monthly visitors increased 72% MoM, reaching 92.1K.

  • Jul 16, 2026

    Ranked #175 on the Deloitte Technology Fast 500.

Relay Filings

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Relay filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Relay's valuation, stock price, and market status.

Is Relay a public or private company?

Relay is a private company.

What is the current stock price of Relay?

Relay is a private company with no public stock price. No recent secondary market data is available.

How much is Relay worth (valuation)?

Relay's valuation is estimated at $335.0M based on funding round data.

Can I buy Relay stock?

Relay shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Relay's last funding round?

Relay's most recent funding round was Early Stage VC on June 10, 2024.

Who are the main investors in Relay?

Key investors in Relay include G2 Ventures, G2 Venture Partners.

Will Relay IPO soon?

No public IPO plans have been announced for Relay.

How can I track Relay secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Relay's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersRaleigh, North Carolina
Employee Range285
Year Founded2015
Last FundingMay 5, 2026

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