Relay Network

What Relay Network does

Relay Network is a privately held, venture-backed enterprise software company founded in 2010 and headquartered in Radnor, Pennsylvania. The company operates the Relay Channel Platform, a compliant, API-driven mobile engagement infrastructure that combines SMS with secure, branded mobile web feeds to drive one-to-one customer actions in regulated industries. The platform's five-layer architecture includes Relay Connect (integrations with Salesforce, Adobe, and Microsoft Dynamics), Relay Comply Core (HITRUST r2, SOC2, HIPAA, TCPA, and PCI-DSS compliance built into the channel), Relay Smart Actions (behavior-triggered workflow automation), Relay Channel Environment (the branded execution surface), and Relay Insights Studio (verified interaction analytics and audit trails).

The company's primary verticals are healthcare payers, financial services, and life sciences, with membership associations and home services as adjacent segments. Named enterprise customers span major U.S. health insurers (Aetna, Centene, Independence Blue Cross, Highmark, HCSC, multiple Blue Cross Blue Shield plans), financial institutions (Citizens Bank, TD Bank, Voya Financial, Laurel Road, Protective Life), and pharmaceutical manufacturers and specialty pharmacies (Takeda, Amgen, Alkermes, Maxor, AllianceRx Walgreens Prime). Relay reports more than 50 million end users served across active customer feeds and an average client tenure exceeding five years.

Relay monetizes via usage-based enterprise subscription contracts, typically structured as multi-year engagements with pricing tied to interaction volume or message delivery. Go-to-market is enterprise field sales with a consultative demo-driven sales process, supplemented by partner referral networks (Archbow Consulting, Valeris) and distribution through the Salesforce AppExchange. The company has raised approximately $58.7M across multiple venture rounds, with a $30M growth capital investment from LLR Partners in December 2019 serving as the most recent disclosed funding event. Relay has never reported a public revenue figure, has completed no disclosed M&A, and remains independently operated under co-founder and CEO Matt Gillin.

Name

Relay Network

Legal name

Relay Network LLC

Website

https://relaynetwork.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

Relay Network operates a compliant, API-driven mobile channel platform that combines SMS with secure mobile web feeds to drive verified customer actions for regulated enterprises in healthcare, financial services, and life sciences. The company serves over 50 million end users across 50+ named enterprise clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Radnor

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Platform Subscription (Usage-based): Relay operates on a usage-based subscription model where pricing aligns Relay's success with client outcomes. Clients pay based on interaction volume or message delivery, creating a performance-based pricing structure.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Relay Network provides a compliant, API-driven channel platform that combines SMS with branded, secure mobile web feeds to convert enterprise CRM, AI, and workflow triggers into verified, measurable customer actions. Built-in compliance (HITRUST r2, SOC2, HIPAA, TCPA, PCI) is engineered at the channel level for regulated industries including financial services, healthcare payers, life sciences, and membership associations. The platform delivers onboarding, activation, e-signature, and engagement workflows without requiring app downloads or logins.

Product overview

Relay Network offers the Relay Channel Platform, a compliant, high-performance channel infrastructure that connects enterprise marketing, data, and workflow systems to verified customer actions. The platform operates as a modular architecture with five distinct layers: Integration Layer (Relay Connect), Compliance Assurance (Comply Core), Automation Layer (Relay Smart Actions), Channel Execution (Relay Channel Environment), and Proof & Analytics (Relay Insights Studio). Supporting products include Relay e-Signature, Relay Messenger, Relay Content Pro, and CXBuilder. The flagship Customer Feed/Patient Feed delivers personalized content via SMS combined with a secure scrolling feed experience, requiring no app downloads. The platform is specifically designed for regulated enterprises in healthcare, financial services, insurance, and life sciences industries.

Differentiator

Problem solved

Functional benefit

Brands

• Relay Channel Platform: Compliant, API-driven content delivery infrastructure that ensures enterprise communications achieve secure and measurable customer action.
• Relay Connect
• Relay Comply Core
• Relay Smart Actions
• Relay Channel Environment
• Relay Insights Studio
• Relay e-Signature
• Relay Messenger
• Relay Content Pro
• Relay Patient Feed
• Relay Customer Feed

Products and services

• Relay Channel Platform Compliant, API-driven content delivery infrastructure that ensures enterprise communications achieve secure and measurable customer action; connects CRM, data, and workflow systems to a compliant mobile channel.
• Relay e-Signature Electronic signature capability within the Relay platform enabling customers to complete high-value tasks requiring document signing.
• Relay Messenger Mobile messaging component enabling proactive, personalized engagement with customers via text and secure web-based feed.
• Relay Smart Actions Automation layer that automates logic-based workflows triggered by customer behavior, ensuring follow-up actions occur automatically while improving completion rates and reducing manual effort.
• Relay Content Pro Content management capability enabling personalized content delivery within the customer feed.
• Customer Feed / Patient Feed Dedicated 1:1 channel combining SMS with feed technology to deliver personalized, secure experiences; no app downloads or logins required; used across healthcare, financial services, and other regulated industries.

Quantifiable outcome

• 5-7x more verified actions vs legacy channels
• +10 more outcomes

Named customers25 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability4 records

Feature5 records

Partnerships

Five partnerships are on record, tiered strategic, panel partner, core integration and integration.

• ValerisstrategicStrategic or Co-development PartnerStrategic partnership to create a unified digital pathway for patients. Valeris leverages Relay Patient Feed as core component of patient engagement experience, enabling seamless introduction of support programs via text at point of care.
• Archbow Consultingpanel partnerStrategic or Co-development PartnerConsulting partner featured in panel discussions on patient support and data storytelling. Partner DeWayne Manning participates in industry webinars with Relay.
• Salesforcecore integrationTechnology or IntegrationFirst official client launch integration with Salesforce Customer 360. Relay's Salesforce Cloud App available on Salesforce AppExchange, allowing clients to quickly deploy personalized mobile experiences.
• AdobeintegrationTechnology or IntegrationRelay Connect integrates with Adobe platforms for secure event-based and campaign-based communication triggers.
• Microsoft DynamicsintegrationTechnology or IntegrationRelay Connect integrates with Microsoft Dynamics for secure event-based and campaign-based communication triggers.

Scale indicators12 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• mPulse Mobile: mPulse Mobile is a direct competitor that delivers mobile (SMS + secure mobile web) engagement for healthcare payers, providers, and life sciences. It targets the same regulated-industry, HIPAA-compliant engagement workflow as Relay, including HRA completion, care gap closure, and medication adherence.
• Cordial: Cordial is a cross-channel customer engagement platform that emphasizes behavioral data, orchestration, and SMS/email messaging for enterprise marketers. It overlaps with Relay on event-triggered, 1:1 mobile messaging and behavioral personalization for mid-market and enterprise brands.
• Iterable: Iterable is a cross-channel customer engagement platform with deep SMS, push, email, and in-app capabilities. It targets enterprise marketing teams with journey orchestration and AI-driven send-time optimization, overlapping Relay's 1:1 personalized engagement thesis at a broader horizontal scale.
• Attentive: Attentive is a leading SMS-first marketing platform focused on driving opt-in mobile conversations and conversion for enterprise brands. It overlaps with Relay on SMS-driven customer activation and 1:1 messaging, though Attentive skews to retail/commerce rather than regulated industries.
• MessageBird (Bird): Bird (formerly MessageBird) is an omnichannel communications platform combining CPaaS infrastructure with marketing-engagement tooling. It overlaps with Relay on cross-channel messaging, journey orchestration, and AI-driven campaign automation for enterprise customers.
• Vibes: Vibes is an enterprise mobile engagement platform focused on SMS, MMS, and mobile wallet messaging for Fortune 500 brands. It is one of the closest direct comparables to Relay, particularly in regulated and consumer-facing industries needing compliant mobile messaging at scale.
• Klaviyo: Klaviyo is a customer engagement and SMS/email automation platform that has expanded from SMB e-commerce into enterprise. It competes with Relay on data-driven 1:1 messaging and behavioral personalization, though its sweet spot is commerce brands rather than regulated enterprises.

Broad incumbents

• Twilio: Twilio is the dominant CPaaS infrastructure layer providing SMS, voice, and engagement APIs that underpin many customer engagement platforms. Relay competes with Twilio's higher-level Engage product while also depending on Twilio-style carrier relationships for SMS delivery economics.
• Salesforce Marketing Cloud: Salesforce Marketing Cloud is a broad incumbent suite for email, mobile, journey orchestration, and personalization. It is both a channel partner (Relay's Salesforce AppExchange integration) and a competitor for regulated-industry enterprise marketing budgets.
• Adobe Experience Cloud: Adobe Experience Cloud bundles journey orchestration, analytics, and content delivery into a horizontal enterprise CX suite. It competes for the same regulated-industry engagement budget Relay targets and is integrated with Relay Connect as a complementary platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/relay-network-llc
• Xx.com/Relayit
• Facebookfacebook.com/relaynetwork

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds5 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Relay Network