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Relay On Demand

Operating

Relay On Demand, Inc.

Software & AI · Marketplace · Corona, CA · Founded 2018

Minority-founded
Visit website

A new and better way to book truck drivers on demand

Post-money valuation ⓘ
$30.2M
As of Mar 2023 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$702,658
Across 2 rounds since 2021
Latest share price
$4.33
Reg CF · Preferred Stock · Sep 2022 offering price

Financials

FY2018–FY2021 · from SEC filings · hover any figure for its source
$0
−$97K
2018
$461K
−$229K
2019
$1.1M
−$92K
2020
$3.1M
−$393K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2018 reviewed*
FY2019 reviewed*
FY2020
FY2021
Income statement
Revenue
$0
$461,117
$1,119,095
$3,102,370
Cost of goods sold
$0
$444,033
$951,363
$2,735,501
Gross margin
—
4%
15%
12%
Net income
-$96,639
-$229,101
-$92,179
-$393,300
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$2,783
$10,336
$64,866
$112,064
Accounts receivable
$0
$0
$70,469
$49,997
Total assets
$167,783
$179,348
$199,201
$431,982
Short-term debt
$2,546
$31,645
$49,138
$20,685
Long-term debt
$0
$99,643
$325,403
$358,746
Total liabilities
$2,546
$131,288
$374,541
$379,431
Other
Headcount
—
5
7
5

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$8.0M
Valuation cap
$30.0M
pre-money
Reg CF · SAFE · Jan 2021
Reg CF · Preferred · Sep 2022

Blue bars are the pre-money valuation the company stated for a priced round. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Fundraising history

Reg CF · Preferred Stock · Sep 2022Closedvia WeFunder
Raised $206K / $5.4MInvestors 196Post-money $30.2M
Reg CF · SAFE · Jan 2021Closedvia Republic
Raised $496.7K / $1.1MInvestors 1,265Valuation cap $8M

Team

1 person
Darrell PickensFounder
CEO/CTO/Founder

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 2 of 6 annual reports (FY2020–FY2025)

Missing: 2022, 2023, 2024, 2025

1,265 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form CAug 26, 20220001670254-22-000877
    EDGAR
  • Form C-ARApr 29, 20220001830560-22-000001
    EDGAR
  • Form C-ARApr 30, 20210001830560-21-000004
    EDGAR
  • Form C-UApr 22, 20210001830560-21-000003
    EDGAR
  • Form CJan 19, 20210001830560-21-000002
    EDGAR
Source: ManualCIK 0001830560DEShare price $4.33

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.