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Relay Ventures

Founders John Albright Kevin Talbot

Overview

Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 207
Average round size
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The average size of a deal this fund participated in
$12M
Portfolio companies 111
Rounds per year 7.39
Lead investments 46
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.46
Exits 42
Key employees 6
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Software
  • Mobile
  • Apps
  • Internet
  • Advertising
Summary

In 2008 was created Relay Ventures, which is appeared as VC. The leading representative office of defined VC is situated in the Toronto. The company was established in North America in Canada.

The standard case for the fund is to invest in rounds with 4-5 partakers. Despite the Relay Ventures, startups are often financed by BDC Venture Capital, First Round Capital, Storm Ventures. The meaningful sponsors for the fund in investment in the same round are First Round Capital, GrandBanks Capital, Alexa Fund. In the next rounds fund is usually obtained by Kensington Capital Partners Limited, Verizon Ventures, GrandBanks Capital.

The usual things for fund are deals in the range of 5 - 10 millions dollars. Comparing to the other companies, this Relay Ventures performs on 7 percentage points less the average number of lead investments. The increased amount of exits for fund were in 2014. The high activity for fund was in 2016. Despite it in 2019 the fund had an activity. The fund is generally included in 7-12 deals every year. The real fund results show that this VC is 12 percentage points more often commits exit comparing to other companies.

The current fund was established by John Albright, Kevin Talbot. The overall number of key employees were 12.

Among the most popular fund investment industries, there are Internet, E-Commerce. Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. The fund has no exact preference in some founders of portfolio startups. When startup sums 5+ of the founder, the probability for it to get the investment is little. Among the most popular portfolio startups of the fund, we may highlight TouchBistro, QuickPlay Media, Achievers. For fund there is no match between the country of its foundation and the country of its the most frequent investments - United States.

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Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Relay Ventures:
Typical Co-investors
Relay Ventures is more likely to invest in rounds together with the following funds:
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Relay Ventures:

Funds with similar focus

Funds from Canada
Funds with similar focus located in Canada:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Mave

Customer Service
Real Estate
24 Oct 2024 Toronto, Ontario, Canada

The Curling Group

Sports
$5M26 Sep 2024 -

Eirene

$3M03 Apr 2024 Toronto, Ontario, Canada

ALT Sports Data, Inc.

$2M01 Feb 2024 -

Woveo

Financial Services
Service Industry
$1M15 Dec 2023 Calgary, Canada

Friendlier

Logistics
Packaging Services
Software
Sustainability
$3M12 Dec 2023 Guelph, Ontario, Canada

Elexir

Automotive
Autonomous Vehicles
Cyber Security
Software
$3M23 Nov 2023 Saarbrücken, Saarland, Germany

Promise Robotics

Artificial Intelligence
Construction
Industrial Automation
Robotics
SaaS
Software
$16M31 Oct 2023 Toronto, Ontario, Canada

Train Fitness

Artificial Intelligence
Fitness
Software
$2M21 Jun 2023 Toronto, Ontario, Canada
News
Blue J Raises $9M in Series B Funding, Adds Key Personnel, Announces New Tax Diagramming Solution

– Blue J, the leading provider of predictive analysis tools for tax positions, announces that the company has raised US$9M in Series B financing led by Generation Ventures. The round includes participation from returning investors Relay Ventures, Mistral Venture Partners and LDV Partners.
– In conjunction with the financing, Geoff Beattie, Chairman of Generation Ventures, is joining Blue J’s board of directors.

Bird Canada Raises Funding

– Bird Canada, which operates an electric vehicle sharing program, closed an additional round of funding of undisclosed amount.
– The round was led by new investor MKB, with participation from existing investors Obelysk, Relay Ventures, and Alate Partners.
– The company will use the funds to expand into additional markets, extend its reach to new cities, double the size of its team, and acquire more e-scooters and e-bikes to support its growth.

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Total investments 207
Average round size 12M
Rounds per year 7.39
Peak activity year 2012
Lead investments 46
Follow on index 0.46
Exits 42
Group Appearance index 0.88

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Mave

Customer Service
Real Estate
24 Oct 2024 Toronto, Ontario, Canada

The Curling Group

Sports
$5M26 Sep 2024 -

Eirene

$3M03 Apr 2024 Toronto, Ontario, Canada

ALT Sports Data, Inc.

$2M01 Feb 2024 -

Woveo

Financial Services
Service Industry
$1M15 Dec 2023 Calgary, Canada

Friendlier

Logistics
Packaging Services
Software
Sustainability
$3M12 Dec 2023 Guelph, Ontario, Canada

Elexir

Automotive
Autonomous Vehicles
Cyber Security
Software
$3M23 Nov 2023 Saarbrücken, Saarland, Germany

Promise Robotics

Artificial Intelligence
Construction
Industrial Automation
Robotics
SaaS
Software
$16M31 Oct 2023 Toronto, Ontario, Canada

Train Fitness

Artificial Intelligence
Fitness
Software
$2M21 Jun 2023 Toronto, Ontario, Canada
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