Tech-active · Toronto, ON

Relay Ventures

First Money. Founder First.

← Investors in Ontario
Cheque
Not disclosed
Role
Can lead a round
Pace
Selective right now
Kind
Tech-active
Based in
Toronto, ON
Founded
2008
Works in
EN
Last deal seen
January 2026
Stages
Pre-seed, Seed, Series A
Sectors
Fintech and insurtech, Marketplaces and consumer, Deeptech and hardware

Their thesis, in full

Toronto-based early-stage venture fund focused on Urbantech, Proptech, Fintech and Sportstech, primarily investing in startups headquartered in Canada and the United States. First cheques into pre-seed and seed rounds, with both lead and follow capacity, plus a foundational-partner relationship with the Future of Sport Lab for the sportstech vertical. Relay's current vehicle is its fifth fund (vintage 2022), backed by a senior partner team blending operator and investor backgrounds, with $600 million in assets under management reported in 2021. A long-term partner for founders digitizing cities, real estate and financial services.

What they bring past the cheque

  • Urbantech expertise
  • Sportstech network
  • Cross-border capital
  • Senior partner bench

Questions they usually ask

Have an answer ready for each one before the first call.

  1. How does Relay differentiate its urbantech and proptech expertise from broader generalist funds?
  2. What does the Future of Sport Lab partnership unlock for sportstech founders?
  3. How does Relay's pre-seed and seed cheque sizing and follow-on reserve strategy translate into stage strategy?

Follow-on

Relay deploys multi-stage follow-on capital across Pre-seed through Series B+, with reserves to scale into mature growth rounds.

Who to talk to

Portfolio

Names they back, most notable first.

  • MaveSeed · 2026
  • OwnrightSeed · 2025
  • TrustyPre-seed · 2025
  • Promise RoboticsSeries A · 2023
  • VendorPMSeries A · 2022
  • Swift MedicalSeries A · 2018
  • 7shiftsSeries A · 2019
  • TouchBistroSeries A · 2015

Often in the same rounds

Investors seen alongside them in past rounds.

Similar investors

Overlapping sectors and stages. Useful to build a list of 10 to 20 names for one round.

See how they fit your round

Set your stage, sector and amount once. Fractal App tells you if Relay Ventures can lead it, tracks every follow-up, and counts the days of silence. Free, no card.

Open in the app →

Checked September 2026 from public sources. source ↗ · Website ↗ · LinkedIn ↗