Relay On Demand

Relay On Demand

Growth Stage

A new and better way to book truck drivers on demand

A new and better way to book truck drivers on demand


Raised this Round: Raised: $205,801

Total Commitments ($USD)



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Min. Goal
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Security Type

Equity - Preferred



SEC Filing Type

RegCF    Open SEC Filing

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Year Founded



Logistics, Delivery, & Supply Chain

Tech Sector


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Capital Intensity



Norco, California

Business Type


Relay On Demand, with a valuation of $30 million, is raising funds on Wefunder. The company has developed an app that helps to book truck drivers on demand. It has created a flexible driver workforce with its Relay Drivershare Network that trucking companies can utilize to hire truck drivers on demand. Relay On Demand has more than 10,000 app downloads and has generated $6 million in sales to date. Darrell Pickens founded Relay On Demand in April 2018. The current crowdfunding campaign has a minimum target of $50,003 and a maximum target of $534,998. The campaign proceeds will be used for marketing, hiring, and technology development.

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Financials as of: 08/25/2022
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Relay On Demand 03/14/2023 Wefunder $30,000,000 $205,801 Equity - Preferred Funded RegCF
Relay On Demand 04/20/2021 Republic $8,000,000 $496,212 SAFE Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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There has been an ongoing nationwide truck driver shortage. That shortage peaked in 2021, reaching as high as 81,258. But according to the American Trucking Association, the problem has persisted ever since the late 1980s. 

This is a huge pain point. Trucks are responsible for more than 70% of domestic cargo shipments. Simply put, the U.S. economy doesn’t work without trucking. 

If a recession arrives this year as many expect, the industry could see a rare balance of driver supply and demand. But it won’t last. And with the economy projected to recover beginning next year, truck drivers will once again be in short supply.

This is a big problem for the country, the economy, and for trucking companies (also known as “carriers”). No single company can solve it. The issue is going to be with us for quite a while. But at least one company is tackling it in a way that makes life easier for both drivers and carriers. That company is Relay on Demand

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Relay on Demand on Wefunder 2022
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $30,000,000
Price per Share: $5.00

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Follow Relay on Demand on Wefunder 2022

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