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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

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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%
Spectralink
77%

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.

  • May 5, 2026

    $42M raised in early stage funding.

Relay Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Relay Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersRaleigh, North Carolina
Employee Range507
Year Founded2015
Last FundingMay 5, 2026

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