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London-based delivery startup Relay has successfully raised $35 million in a Series A funding round, led by Plural. The company aims to enhance e-commerce delivery by applying successful models from Asia. Relay's customer base includes notable clients such as Temu, TikTok, and Vinted, as well as UK retailers like THG Fulfil. Founded by logistics experts, Relay is focused on optimizing delivery processes through artificial intelligence, which helps reduce costs and improve efficiency. The company is planning a nationwide expansion within the UK to compete with established delivery services like Evri, DPD, and Yodel.
Relay, a London-based female co-led delivery network, raises $35M to challenge Evri, DPD, and Yodel! 🚀 Founded by logistics experts, Relay uses AI to optimise deliveries, cutting costs and improving efficiency. Nationwide expansion in the UK is on the horizon. 📦✨…
Relay raises $35M Series A to rewire e-commerce delivery https://t.co/EPaaIGQRGB https://t.co/tgWpRlh2pG
London-based parcel delivery startup Relay, whose customers include Temu, TikTok, Vinted, and UK retailers like THG Fulfil, raised a $35M Series A led by Plural (@mikebutcher / TechCrunch) https://t.co/asanbcfH4O https://t.co/zF3M6v5wEV https://t.co/ZOzeer1FAj
