The financing marks a growth inflection point for Relay. The company now oversees more than $1.3 billion in managed customer deposits through Thread Bank, Member FDIC, and is trusted by more than 150,000 small businesses to deliver cash flow clarity at a moment when it matters for main street. Since Relay's $32.2 million Series B in May, 2024, the company is on track to 3.2x its revenue by the end of 2026.

Relay is digital banking built to give small business owners the tools and know-how to be great with money. By connecting accounts, cards, bills, invoices, capital, and more together in one place, Relay replaces financial guesswork with real visibility, helping owners turn cash flow from a constant source of stress into a signal they can use to run stronger, more resilient businesses.