Relay Closes $13 Million Series A Funding Round From Sovereign's Capital, Wind River Ventures, And Existing Shareholders
Apr 26, 2023•over 2 years ago
Amount Raised
$13 Million
Round Type
series a
Investors
Wind River VenturesSovereign's Capital
Description
Relay, a cloud platform for frontline teams, announced the close of a $13 million Series-A funding round from Sovereign's Capital, Wind River Ventures, and existing shareholders.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech