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Will Relay run past DPD, Evri & Yodel after £28m raise?

BusinessCloud LogoBusinessCloud14h ago

Will Relay run past DPD, Evri & Yodel after £28m raise? - BusinessCloud

Quick Summary:

London scaleup Relay has raised £28m Series A funding to take on delivery giants DPD, Evri and Yodel.

The round also includes continued participation from its seed investors, Project A and Prologis Ventures, the VC arm of global logistics real estate leader Prologis.

By significantly reducing shipping distances, consolidating deliveries, and automating key workflows, Relay claims to drastically cut operating expenses for itself and its merchants.


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Article Details

Author / Journalist: Jonathan Symcox

Category: InvestingBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-27 @ 07:27:24 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 26472628

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About BusinessCloud

BusinessCloud Logo

Main Topics: InvestingBusiness

Official Website: businesscloud.co.uk

Update Frequency: 3 posts per day

Year Established: 2016

Headquarters: United Kingdom

News Last Updated: 13 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #61

Publisher Details

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  • URL: https://beamstart.com/news/will-relay-run-past-dpd-17406453686310

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