Relay Network Completes $30M Growth Capital Investment From LLR Partners

Funding Rounds

▤ Summary

PHILADELPHIA & RADNOR, Pa.--(BUSINESS WIRE)--Relay Network, the leading personalized mobile engagement company for the enterprise, today announced it has completed a $30 million growth capital investment from LLR Partners. Users receive text messages that link directly to their secure web-based feed, reducing friction and achieving higher engagement than email, phone and mobile app notifications. Leading organizations including Comcast, Independence Blue Cross and Citizens Bank use Relay to create more profitable, lasting customer relationships. “They’ve built an innovative solution to power personalized, proactive customer engagement and help enterprises improve outcomes, while writing a great growth story for Philadelphia. Relay Network is a personalized mobile engagement company that enables businesses to deliver individualized solutions that simplify and improve the customer experience.

$ Funding

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Amount $30.0M Total raised
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Date December 4, 2019 Announcement date
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Investors LLR Partners Lead investors
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Company http://www.relaynetwork.com Funded company

▥ Classifications

industries
HealthTech
applications
Customer Service & Support

◇ AskAI Classifications

Labels
Software Development SaaS Customer Engagement Software

▦ Linked Companies

Relay Network
$1M to $5M