Relay, a small business BANKTECH and money management platform, has secured $50 million in growth financing from General Catalyst’s Customer Value Fund, which is a non-dilutive structure tied to customer acquisition performance. The company now manages over $1.3 billion in deposits through partner Thread Bank for more than 150,000 small businesses, and is on track to 3.2x revenue by the end of 2026. Strategically, Relay is positioning itself as the financial command center for self-made entrepreneurs, consolidating accounts, cards, bills, invoices, and capital tools into a single platform at a moment when cash flow visibility has overtaken inflation as the top concern for small business owners.

Relay Secures $50 Million in Financing to Build the Small Business Financial Command Center