Monday, July 12, 2021

BV4 advises Relai on its Series A round

History of Relai

Relai is the world's easiest Bitcoin Investing App - made in Switzerland. The company is on a mission to make Bitcoin easily accessible to everyone. With the Relai app, users can buy Bitcoin directly via smartphone and bank transfer within one minute, without registering or opening an account, starting from as little as CHF 10.

Transaction summary

BV4 acted as an independent advisor to Relai for its Series A funding round. The funding round of CHF 2'500'000 was backed by professional venture capital investors including Redalpine and Polytech Ventures. The company intends to use the funds to build a proprietary broker for efficient order processing and to provide new offerings for investors looking to buy large amounts of Bitcoin.

Credentials

More on the collaboration between Relai and BV4:

"BV4 supported us in all matters of the financial forecasting that were needed to incorporate our vision into numbers. The experts of BV4 helped us not only to create a detailed forecasting model, but also advised us on reasonable assumptions to project the future. The valuable expertise of BV4 as the leading venture intelligence boutique enabled us to close the Series A round."

Julian Liniger, CEO