Relay Platform

Instant quotes and client proposals for commercial insurance agents and brokers

General Information
Company Name
Relay Platform
Founded Year
2018
Location (Offices)
Toronto, Canada +1
Founders / Decision Makers
Number of Employees
4
Industries
Insurance, Insurtech
Funding Stage
Seed
Social Media

Relay Platform - Company Profile

Relay Platform, founded in 2018 and headquartered in Canada, is making waves in the Insurance and Insurtech industries with its innovative approach. The company's slogan, "Instant quotes and client proposals for commercial insurance agents and brokers," encapsulates its offering. Relay equips both wholesale brokers and retail agents with an intuitive interface to seamlessly incorporate specialty lines into client proposals. Notably, it enables the swift addition of Cyber Insurance to any quote and provides support for Management Liability and Small Commercial/BOP, catering to the evolving needs of the market. In May 2021, Relay Platform secured a significant milestone with a $6.30M Seed Round investment. This round saw the participation of prominent investors Drive Capital and Highline Beta. As a result, Relay is well-positioned to capitalize on the burgeoning demand for streamlined insurance solutions. Forward-looking agencies and brokerages across North America are leveraging Relay to enhance their operational efficiency, enabling them to secure and manage business opportunities more effectively. With its focused vision and backing from noteworthy investors, Relay Platform is solidifying its position as a game-changer in the insurance technology landscape.

Taxonomy: Commercial Insurance, Insurance Technology, Wholesale Insurance, Retail Agents, Management Liability, Cyber Insurance, Comparative-rating Solution, Workflow, Innovation, MGA

Funding Rounds & Investors of Relay Platform (2)

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Funding Stage Amount No. Investors Investors Date
Seed Round $6.30M 2 03 May 2021
Seed Round $3.00M 4 American Family Insurance 01 Jan 2020

Latest News of Relay Platform

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No recent news or press coverage available for Relay Platform.

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