Tech Company Financing Transactions
Relay Financial Technologies Funding Round
Relay Financial Technologies closed a $32.2 million Series B financing round on 5/29/2024. Backers included Bain Capital Ventures, Garage Capital and Industry Ventures.
Transaction Overview
Company Name
Announced On
5/29/2024
Transaction Type
Venture Equity
Amount
$32,200,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its product development in spend management, smart credit products and a financial API marketplace.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
60 Adelaide East 700
Toronto, ON, M5C 3E4
Canada
Toronto, ON, M5C 3E4
Canada
Phone
Undisclosed
Website
Email Address
Overview
We're committed to helping small business owners reach unparalleled levels of financial clarity so they can build healthy, lasting businesses. Small businesses are the backbone of the US economy and make up more than 90% of all companies in the country. Small businesses need banking that makes financial management easier, smarter and more streamlined. We're building business banking to help small businesses have greater financial clarity to build healthy, lasting businesses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Paul Klicnik
Co-Founder
Yoseph West
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We do our best to record funding rounds that are announced publicly. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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