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Relay Ventures is a venture capital firm in Canada that focuses on applications and services including mobile commerce such as payments, advertising, retailing, and consumer banking. Founded 2008 in Toronto, Ontario, Canada by John Albright and Kevin Talbot, it invests in early stage ventures, seed, series A, series B, and series C rounds. Its portfolio companies include AdmitHub, The Logic, 7shifts, TouchBistro and Greenlight Financial Technology. As of February 2020, Relay Ventures has made 144 investments. Their most recent investment was on November 1, 2019, when The Logic raised CA$1.8M. Relay Ventures has had 31 exits, the most notable of which include Achievers, theScore, and Luma. Relay Ventures has raised two funds, their latest being Relay Ventures III. This fund was announced on November 3, 2016 and raised a total of CA$200M.