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Relay raised $35M in a Series A led by Plural to rewire e-commerce delivery.

Feb 27, 2025•5 months ago

Amount Raised

$35 Million

Round Type

series a

LondonSoftware

Investors

Plural

Description

Logistics e-commerce startup Relay has secured $35 million in Series A funding to enhance its AI-powered delivery platform. The investment will support its mission to revolutionize e-commerce delivery with a decentralized model using hyperlocal nodes.

Company Information

Company

Relay

Location

United Kingdom

London, England, United Kingdom

About

Relay is on a mission to rewire the backbone of ecommerce delivery. Its AI-powered platform enables a decentralised delivery model using hyperlocal nodes, moving away from incumbents' inefficient “hub and spoke” model.

Funding Insights

Based on industry data
VC-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

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