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2024 Revenue

$8.6M

Funding

$58.7M

YOY

110.1%

Team

109

Founded

2010

How Relay Network CEO Matthew Gillin grew Relay Network to $8.6M revenue with a 109 person team in 2024.

Developer of a customer messaging network designed to render better communication. The company's customer messaging network delivers service alerts to customers, enabling businesses to connect with people through a private and secure messaging application.

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Relay Network Revenue

In 2024, Relay Network's revenue reached $8.6M. The company previously reported $4.1M in 2023. Since its launch in 2010, Relay Network has shown consistent revenue growth.

Relay Network Revenue GrowthReported revenue / ARR by year$0$2M$4M$6M$8M$10M20102012201420162018202020222024$0$3M$4M$9MSource: GetLatka.com
YearMilestoneQuote
2024Relay Network Hit $8.6m revenue in October 2024
2023Relay Network Hit $4.1m revenue in December 2023
2021Relay Network Hit $2.7m revenue in April 2021
2010Launched with $0 revenue

Relay Network Valuation, Funding Rounds

Relay Network has not publicly disclosed its valuation. The company has raised $58.7M in total funding to date.

Relay Network has raised $58.7M in total funding across 4 rounds, with its most recent round in 2019.

Relay Network Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$13M$25M$38M$50M$63M2010201220142016201820192010 cumulative: $0 • 2010 Founded: $02011 cumulative: $6M • 2010 Founded: $0 • 2011 Funding round: $6M2012 cumulative: $17M • 2010 Founded: $0 • 2011 Funding round: $6M • 2012 Funding round: $11M2016 cumulative: $29M • 2010 Founded: $0 • 2011 Funding round: $6M • 2012 Funding round: $11M • 2016 Funding round: $12M2019 cumulative: $59M • 2010 Founded: $0 • 2011 Funding round: $6M • 2012 Funding round: $11M • 2016 Funding round: $12M • 2019 Funding round: $30M$59M2010 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Funding round$30M--
2016Funding round$12M--
2012Funding round$10.7M--
2011Funding round$6M--

Founder / CEO

Matthew Gillin

We deliver frictionless customer experiences through the first dedicated CX channel built to maximize customer engagement, education and lifetime value.

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Customers

We do not have customer count information for Relay Network yet.

Relay Network Employees & Team Size

Relay Network employs approximately 109 people as of 2026, up from 108 in 2023.

Relay Network Team GrowthReported headcount over time02550751001252010201220142016201820202022202400109109Source: GetLatka.com
YearMilestone
2024Reached 109 employees (December 2024)
2024Reached 108 employees (October 2024)
2023Reached 108 employees (December 2023)
2022Reached 116 employees (December 2022)
2021Reached 87 employees (December 2021)
2021Reached 68 employees (April 2021)

Frequently Asked Questions about Relay Network

What is Relay Network's revenue?

Relay Network generates $8.6M in revenue.

Who founded Relay Network?

Relay Network was founded by Matthew Gillin.

Who is the CEO of Relay Network?

The CEO of Relay Network is Matthew Gillin.

How much funding does Relay Network have?

Relay Network raised $58.7M.

How many employees does Relay Network have?

Relay Network has 109 employees.

Where is Relay Network headquarters?

Relay Network is headquartered in Radnor, Pennsylvania, United States.

Compare Relay Network to the industry

Relay Network operates across multiple industries. Browse revenue, funding, and growth data for Relay Network in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Relay Network Revenue 2024: $8.6M ARR, $58.7M Raised