NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
Skip to main content
Caplight Logo









Relay Financial

Relay Financial

Private
TorontoFinTechhttps://relayfi.com/

Last Round

Strategic

May 19, 2026

Total Funding Raised

$146.9M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

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

Business Model

B2B

Customer Profile

Payment Processing Fee, Subscription SaaS, Data as a Service

AI Layer

Application

Keywords

business bankingneobankSMB bankingcash flow managementaccounts payablefinancial command centercorporate spending cardsbusiness debit cardsautomated bill paysmall business lendingautomated accounts payableACH paymentsfintech platformexpense managementbusiness checking

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Relay Financial Comparables

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

Relay Financial comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Novo
86%
Bluevine
85%
Lili
84%

Relay Financial Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
StrategicMay 19, 2026
Series BMay 29, 2024
Series BFeb 6, 2024
SeedNov 22, 2023
SeedOct 11, 2023
Series A
May 13, 2021

Key People

Founding team and executive leadership

Paul Klicnik

Co-Founder & CTO

Founding Team

Yoseph West

Co-Founder CEO

Founding Team

David J. Vital

Chief Financial Officer

Executive Team

Relay Financial Investors

Notable investors and investment history

Relay Financial investors
InvestorRounds
Andreessen HorowitzSeed
Bain Capital VenturesSeed, Series A, Series B
General Catalyst's Customer Value FundStrategic
Panache VenturesSeries A, Seed
TapestrySeries B
Prologis VenturesSeed
Tribe CapitalSeries A, Seed

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 19, 2026

    $50M round led by General Catalyst's Customer Value Fund.

  • Apr 23, 2026

    Monthly visitors increased 31% MoM, reaching 1.6M.

Relay Financial Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation
Sign Up to view
Mock Valuation

Relay Financial Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersToronto
Employee Range367
Year Founded2018
Last FundingMay 19, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.