Relay Technologies, the innovative logistics startup founded by Jonathan Jensson, has announced a $35 million Series A funding round, led by Plural, with continued support from Project A and Prologis. The funding marks a major milestone in Relay’s mission to redefine parcel delivery through a decentralised network model and cutting-edge technology.
A Bold Vision for Smarter Deliveries
Co-founded by Jonathan Jensson and Nicole Mazza, Relay Technologies aims to make parcel delivery cheaper, faster, and more reliable. By leveraging a decentralised logistics network, the company is enabling a more efficient flow of goods between retailers and consumers, challenging traditional delivery models dominated by legacy carriers.
Relay’s impact is already being felt across the e-commerce landscape, with major online retailers—including Vinted, TikTok, Temu, ASOS, and THG Fulfil—partnering with the company to improve their delivery capabilities. By transforming delivery from a cost-heavy necessity into a competitive advantage, Relay is offering retailers a smarter, more flexible logistics solution.
Investor Backing and Market Expansion
The latest funding round will support Relay Technologies in its expansion across the UK and beyond, enhancing its logistics infrastructure and investing further in AI, data analytics, and operational efficiencies. The company’s investors have expressed strong confidence in Relay’s ability to disrupt the industry, unlocking new efficiencies for merchants and better delivery experiences for consumers.
Jensson extended his gratitude to Relay’s investors, team members, couriers, and partners, acknowledging their dedication in making the company’s vision a reality.
Shaping the Future of E-Commerce Logistics
Relay Technologies is setting a new standard in parcel delivery by challenging legacy logistics giants with a tech-driven, decentralised approach. With significant backing and a growing list of high-profile retail partners, the company is poised to reshape how goods move in the modern economy.
