LLR Partners Invests $30M Growth Capital in Relay Network

Relay Secures $50 Million Growth Investment From General Catalyst

May 19, 2026

Financial Services

Relay Financial Technologies announced a $50 million growth investment from General Catalyst’s Customer Value Fund to scale its small-business banking and money-management platform. The funding is intended to accelerate customer acquisition and support product innovation as Relay continues expanding embedded financial tools including Relay Capital term loans.

Resurgens Technology Partners Invests in Relay

October 23, 2024

Software

Resurgens Technology Partners, a software-focused private equity firm, has made an investment in Relay, a provider of special education and Medicaid workflow and reimbursement software for K-12 school districts. The firm will partner with Relay's management to accelerate product innovation, expand go-to-market efforts and scale the company's reach across U.S. school districts; Lock 8 Partners was the company's prior majority investor.

LLR Partners Invests in Quantum Workplace

January 11, 2022

Cloud & SaaS

LLR Partners made a growth equity investment in Quantum Workplace to accelerate the employee experience platform’s product development, data science capabilities, and sales and marketing efforts while enabling strategic M&A. The capital will support expansion of Quantum Workplace’s SaaS platform and exploration of acquisition opportunities to scale its employee engagement and people analytics solutions.

LLR Partners Makes Growth Investment in Archer

June 8, 2021

Financial Services

LLR Partners has made a growth investment in Archer, a Berwyn, Pennsylvania-based technology-enabled provider of middle- and back-office services to investment managers. The capital will be used to accelerate Archer’s growth and to invest in its cloud-based technology and outsourced services platform; Raymond James served as financial advisor to Archer on the transaction.

LLR Partners Invests in Azalea Health

March 2, 2021

Healthcare Services

LLR Partners completed a growth investment in Azalea Health to provide capital for product innovation, organic expansion and potential acquisitions. The funding supports Azalea’s cloud-based EHR, telehealth and revenue cycle management SaaS platform for community and ambulatory healthcare providers.

LLR Partners Completes Growth Recapitalization of YCharts

October 9, 2020

Cloud & SaaS

LLR Partners completed a growth recapitalization investment in YCharts, partnering with the company's management team to support continued product development, sales and marketing expansion, and complementary acquisitions. The capital will help YCharts accelerate growth of its cloud-based investment analytics and communications platform serving RIAs, broker-dealers, and asset managers.