Relay secures $35m in Series A funding led by Plural to expand its delivery network.
The Series A round was led by Plural with backing from Project A and Prologis Ventures.
≈ £27.8M at $1 = £0.7939 on 27 Feb 2025
Relay operates a technology driven e-commerce delivery platform that uses artificial intelligence and hyperlocal networks to streamline last-mile logistics for modern retailers.
Relay, a London-based e-commerce delivery platform, has secured $35m in Series A funding led by Plural, with ongoing support from seed investors Project A and Prologis Ventures. The capital will be used to expand the company's nationwide delivery network and strengthen its engineering and operational teams.
Founded in 2022 by Jonathan Jenssen and Nicole Mazza, Relay uses artificial intelligence and a decentralised model of hyperlocal nodes to optimise parcel delivery and reduce costs for online merchants. The latest investment brings the firm's total funding to $50m as it prepares to scale its infrastructure across the UK.
From the founder
"We realised that today's delivery networks are stuck in the past, built for an era of brick-and-mortar stores, not the explosion of online shopping and social commerce we see today. This outdated model costs retailers billions in lost sales and prevents e-commerce from reaching its full potential."
Nicole Mazza
CCO at Relay
Investor perspective
"There is a global opportunity to reinvent parcel delivery for the digital age. Jonathan and Nicole are the perfect pair to do this, having lived and breathed the last-mile delivery revolution for almost a decade. Their asset-light model, optimised by AI, is already leading to delivery times that are a fraction of incumbents."
Taavet Hinrikus
Plural
Use of funds
- 01Expand into international markets
- 02Grow the team
- 03Scale operations
