Relay Payments

Fast, secure digital payments for logistics

Atlanta, United States · Founded 2019 · $99.4M raised

Headquarters
Atlanta, Georgia
Employees
201–500
Founded
2019
Business Model
B2B
Total Funding
$99.4M
Last Round
$35.3M Series BOct 2021
Rounds
4

About

Relay Payments is an Atlanta-based fintech company, co-founded in 2019 by Ryan and Spencer, that built a digital payment network for the freight and logistics industry to replace slow, error-prone payment authorization processes. The platform serves large carriers, freight brokers, and 3PLs as well as smaller fleets and independent owner-operators, digitizing over-the-road payments for fuel, lumper fees, and other logistics expenses so shipments unload faster and with less fraud. Relay has grown to more than 100 team members, raised over $100 million in venture funding, and now processes payments used by more than 500,000 drivers.

Summary

Relay Payments is a Fintech company based in Atlanta, United States, founded in 2019. It has raised $99.4M in total across 4 rounds, most recently a $35.3M Series B round in Oct 2021. Investors include Ribbit Capital, Addition and GreenPoint Partners.

Tech & App Stack

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Funding History

Series BSeries BOct 2021
$35.3M

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Seed through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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