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Relay Financial

Relay Financial

Private
TorontoFinTechhttps://relayfi.com

Last Round

Strategic

May 19, 2026

Total Funding Raised

$146.9M

Momentum

Top 10%

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, Digital Payments

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

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Caplight Momentum Score

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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.

  • May 11, 2026

    Trusted by over 321,000 small business owners.

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.

Relay Financial Filings

Explore SEC and related filing metadata, where available.

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

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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 Andreessen Horowitz, Bain Capital Ventures, General Catalyst's Customer Value Fund, Prologis Ventures, Better Tomorrow Ventures.

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.

Firmographic Details

HeadquartersToronto
Employee Range249
Year Founded2018
Last FundingMay 19, 2026

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