Better Tomorrow Ventures’ Post

Today we’re incredibly proud to announce Better Tomorrow Ventures' continued investment in Relay—the banking platform that gives U.S. small businesses cash flow clarity and control—as part of their $32 million Series B financing. The company has seen incredible growth over the last few years. Their revenue grew 3x in 2022, and close to 6x in 2023, driven by their unwavering commitment to solving one of the core challenges small businesses face: cash flow. 68% of U.S. small business owners report having cash flow problems, and half operate with just 27 days of cash buffer. For too long, they’ve struggled to find banking solutions that provide actual solutions to the cash flow challenges behind these stats. Relay is building the banking platform where business owners can go to understand their cash position, manage back-office processes, and collaborate with their teams on key financial workflows. And in doing so, they’re helping to increase the success rate of small businesses. We’re eager to continue working with them in pursuit of that mission as they enter their next stage of growth! Learn more about Relay’s plans to invest in the success of small businesses: https://lnkd.in/e_XZJPAQ cc Jake Gibson Sheel Mohnot Yoseph West