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Relay Platform logo — Instant quotes and client proposals for commercial insurance...

Relay Platform

Instant quotes and client proposals for commercial insurance agents and brokers

Founded 2018 Canada Toronto, Canada 4 employees Seed Total: $9.30M Insurance, Insurtech

General Information

Company Name Relay Platform
Founded Year 2018
Location Canada Toronto, Canada
Employees 4
Industries Insurance, Insurtech
Funding Stage Seed
Social

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About Relay Platform

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.

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

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $6.30M 2
Drive Capital Highline Beta
Drive Capital, Highline Beta
03 May 2021
Seed Round $3.00M 4
Highline Beta NFP Ventures Plug and Play
Highline Beta, NFP Ventures +2
01 Jan 2020

Relay Platform Alternatives & Competitors

View All Alternatives
Relay Platform vs
Cansure
Cansure Canada

A first-choice insurance supplier and MGA for the Canadian insurance industry.

140 employees
Financial Services, Insurance
Relay Platform vs
CNA Canada
CNA Canada Canada

CNA (NYSE: CNA) is a leading commercial property and casualty insurance company serving the global b...

1 employees
Insurance, Insurtech
Relay Platform vs
MacNeill Group, Inc.
MacNeill Group, Inc. United States

Ensuring Your Success

73 employees
Insurance, Insurtech
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FAQ About Relay Platform

Instant quotes and client proposals for commercial insurance agents and brokers
Relay Platform was founded in 2018.
Relay Platform is headquartered in Toronto, Canada.
Relay Platform operates in Insurance and Insurtech. Its work centres on Commercial Insurance, Insurance Technology, Wholesale Insurance and Retail Agents.
Relay Platform has approximately 4 employees.
Relay Platform has completed 2 funding rounds, raising a total of $9.30M. The latest funding stage is Seed.
Top alternatives and competitors to Relay Platform include Cansure, CNA Canada, MacNeill Group, Inc., SMART Business Insurance, Coast General Insurance Brokers. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Relay Platform and Cansure are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Relay Platform, https://bouncewatch.com/company/relay-platform, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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