Relay
PrivateLast Round
Series C
Sep 30, 2026
Est. Valuation
$335M
Total Funding Raised
$84M
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Relay operates in Enterprise Software and is based in Raleigh, North Carolina. Its latest recorded funding round was a Series C round in September 2026.
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, IoT Hardware
Business Model
B2B
Customer Profile
Hardware + Subscription, Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Relay Comparables
Compare Relay with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Bridgepoint Group Plc | 82% | |
| weavix | 82% | |
| Iliad | 77% |
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Relay Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Sep 30, 2026 | ||||
| Series B | Jun 10, 2024 | ||||
| Early Stage VC | May 22, 2024 | ||||
| Series A | Apr 26, 2023 | ||||
| Corporate Funding | Mar 8, 2021 |
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Key People
Founding team and executive leadership
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Relay Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Cerity Partners Ventures | Series C |
| G2 Ventures | Series B |
| River Capital | Series B, Series A |
| Sovereign's Capital | Series B, Series A |
| Thayer Ventures | Series C |
| Harmonic Growth Partners | Series C |
| G2 Venture Partners | Series C, Series B |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Sep 30, 2026
$36M raised with International Paper leading.
- Jul 28, 2026
Monthly visitors increased 72% MoM, reaching 92.1K.
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Recent news
Latest coverage and updates
- partners_withOct 13, 2026
Relay, Inc. and Celona partner on private 5G and Wi-Fi connectivity to reduce industrial dead zones and deliver more consistent communications for frontline workers in the United States on Oct 13th '26.
- increases_headcount_bySep 30, 2026
In Oct '26, Relay, Inc. expects to hire as many as 100 workers in North Carolina as it expands globally after raising $36 million in financing.
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Relay 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'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, so its shares have no public market price. Caplight tracks Relay's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
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.
When was Relay's last funding round?
Relay's most recent funding round was Series C on September 30, 2026.
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 in Relay's shares on secondary markets.