Relay Raises $35M Series A to Expand AI-Powered Logistics Network

Relay is redefining last-mile logistics by leveraging AI to enhance delivery efficiency for modern e-commerce.

Relay Raises $35M Series A to Expand AI-Powered Logistics Network
Source: relay

Company Name: Relay
Location: London, UK
Industry: AI-Powered Logistics & Delivery Network

Funding Details:

  • Amount: $35M (Series A)
  • Investors:
    • Lead: Plural
    • Participants: Project A, Prologis Ventures

Purpose of Investment:

  • Scale its delivery network nationwide across the UK.
  • Enhance AI and machine learning capabilities to optimize delivery logistics.
  • Expand engineering and operational teams to support growth.

Leadership:

Product:

Relay is an AI-powered logistics network designed to improve end-to-end delivery for merchants by combining flexible fleets of on-demand couriers with a distributed hyperlocal network. This tech-first approach helps reduce delivery costs, increase speed, and improve customer satisfaction.

Key features include:

  • Dynamic courier matching leveraging AI for efficiency.
  • Optimized route planning for reduced delivery times.
  • Scalable infrastructure supporting growing merchant demand.

About the Company:

Relay is redefining last-mile logistics by leveraging AI to enhance delivery efficiency for modern e-commerce. The platform is already live in major UK cities like London and Manchester and will expand nationwide over the next two years.

Current Customers:

Relay powers deliveries for:

  • Re-commerce platforms: Vinted
  • Social commerce businesses: TikTok
  • International marketplaces: Temu
  • UK retailers: THG Fulfil

Future Plans:

With this funding, Relay aims to revolutionize UK’s delivery infrastructure, expand its AI-driven logistics network, and continue scaling operations to meet the growing demands of e-commerce.