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Relay Payments
Atlanta, US · Founded 2019 · Delaware corporation · 129 employees on LinkedIn · 9 known investors
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Relay Payments operates a digital payment network for the transportation and logistics industry, providing fast and secure electronic payments for parties involved in freight and delivery transactions.
Founders & leadership
Relay Payments was founded in 2019 by Spencer Barkoff and Ryan Droege.
SB
Spencer BarkoffCo-founder · President & RevenueSpencer Barkoff is an executive and director at Relay Payments, a digital payment network for transportation and logistics. He has experience in financial management, sales, marketing, product management, and strategic planning across prior entrepreneurial ventures.
Board
LF
Investors · 9
ConsenSys Meshlisted by ConsenSys MeshZug
How we know: ConsenSys Mesh's portfolio page · Not right? Tell us
Nat Turnerlisted by Nat TurnerNew York City
How we know: Nat Turner's portfolio page · Not right? Tell us
Overlinelisted by OverlineAtlanta · $250K – $1.5M
How we know: Overline's portfolio page · Not right? Tell us
Service Provider Capitallisted by Service Provider CapitalVail
How we know: Service Provider Capital's portfolio page · the VCSheet dataset · Not right? Tell us
Ribbit CapitalreportedPalo Alto · $2M – $15M
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
Sway VenturesreportedNewport Beach
How we know: open dataset · 5k.vc investor directory · Not right? Tell us
TTV CapitalreportedAtlanta · $250K – $7M
How we know: funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$87.7M disclosed across 3 rounds · 2020–2021
▶$44.7MraisedJul 2021 · 4 investors · Other TechnologyRule 506(b)
▶$44.7MraisedJul 2021 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Spencer BarkoffExecutive Officer, Director
- Lee FixelDirector
- Ryan DroegeExecutive Officer, Director
- Offering amount
- $60M
- Amount sold
- $44.7M
- First sale
- Jul 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$35.3MraisedDec 2020 · 9 investors · Other TechnologyRule 506(b)
▶$35.3MraisedDec 2020 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Spencer BarkoffExecutive Officer, Director
- Lee FixelDirector
- Ryan DroegeExecutive Officer, Director
- Offering amount
- $35.3M
- Amount sold
- $35.3M
- First sale
- Nov 2020
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$7.7MraisedJul 2020 · 28 investors · Other TechnologyRule 506(b)
▶$7.7MraisedJul 2020 · 28 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Spencer BarkoffExecutive Officer, Director
- Ryan DroegeExecutive Officer, Director
- Lee FixelDirector
- Offering amount
- $7.7M
- Amount sold
- $7.7M
- First sale
- Jul 2020
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 10
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OTR SolutionsOTR Solutions is a fintech company founded in 2011 that provides financial solutions—including fast pay, factoring, fuel savings, and capital—along with human account support for freight and trucking businesses. It serves owner-operators, fleets, and freight brokers in the trucking industry.
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Companies working in the same space as Relay Payments.
In the news
Frequently asked questions
- What does Relay Payments do?
- Relay Payments operates a digital payment network for the transportation and logistics industry, providing fast and secure electronic payments for parties involved in freight and delivery transactions.
- Who founded Relay Payments?
- Relay Payments was founded by Spencer Barkoff, Ryan Droege in 2019.
- Who are Relay Payments's investors?
- Relay Payments's investors include ConsenSys Mesh, Nat Turner, Overline, Service Provider Capital, Zag Capital, Addition, Ribbit Capital, Sway Ventures and 1 more.
- How much funding has Relay Payments raised?
- Relay Payments has disclosed $87.7M raised across 3 rounds.
- Where is Relay Payments headquartered?
- Relay Payments is headquartered in Atlanta, US.