2 years ago
Relay Secures €9.2 Million Seed Funding to Revolutionize UK Delivery Network
Relay, a tech-enabled delivery network for e-commerce leaders, has raised €9.2 million in seed funding led by Project A Ventures and Prologis Ventures
Relay provides an end-to-end parcel delivery service, from e-commerce retailers’ warehouses to consumers’ doorsteps, using a network of asset-free hyper-local partners
The company has already partnered with e-commerce leaders like JD Group and THG, and plans to expand across the UK over the next 12 months
Relay's service is faster, cheaper, more reliable, and reduces carbon emissions by up to 50% for retailers
End-customers benefit from guaranteed next-day delivery and real-time tracking, while local couriers enjoy a more flexible work environment and increased earning potential.
ProblemTechnology
"The problem Relay is trying to solve is that the parcel delivery landscape remains rooted in the pre-digital era."
Solution
"Relay is building a tech-enabled delivery network for e-commerce leaders and their end-customers, providing an end-to-end parcel delivery service from warehouses to consumers' doorsteps, making parcel deliveries quicker, more efficient, and more sustainable."