When was Ray founded?

Ray was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Ray located?

Ray is headquartered in Singapore, Singapore.

Which legal entities is Ray associated with?

Ray is associated with Ray Pte Ltd.

How many employees does Ray have?

As of Apr 30, 2026, the latest employee count at Ray is 62.

Is Ray a funded company?

Ray is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on May 22, 2020.

When was the latest funding round of Ray?

Ray's latest funding was a $***** Seed round on May 22, 2020, with participation from 1 investor.

Where does Ray rank among its competitors?

Ray ranks 38th amongst 120 active competitors, of which 14 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Arrcus, which secured $30M in Jul, 2024.

Who are the top competitors of Ray?

Ray's top competitors include Exaware, Arrcus and IP Infusion. Among them, Arrcus secured the most recent funding round in July, 2024.

Ray - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Ray is a provider of wireless access points and Network OS. It offers RayOS, a disaggregated, secure, cloud-native, extensible operating system with an ecosystem of applications that leverage the underlying hardware to create unlimited use cases along with seamless connectivity. The company offers its products as an appliance and PaaS.

Website: www.ray.life/
Social
Email ID: *****@ray.life
Phone Number: +65 **********

Key Metrics

Founded Year

2019

Location

Singapore, Singapore

Stage

Seed

Total Funding

$266K in 1 round

Latest Funding Round

Seed, May 22, 2020, $*****

Investors

Quick Heal

Ranked

38^th among 120 active competitors

Employee Count

62 as on Apr 30, 2026

Similar Companies

Arrcus & 60 more

View Ray's full profile

Ray is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Ray Pte Ltd CIN: 201928422H , Singapore, Active		-	-

Ray has raised a total funding of $266K over 1 round. Its latest funding round was a Seed round on May 22, 2020 for $*****. 1 investor participated in its latest round. Ray has 1 institutional investor.

Here is the list of recent funding rounds of Ray:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 22, 2020	4670946	Seed	1023484	2932266	3241527	8846674

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View details of Ray's funding rounds and investors

The founders of Ray is Hemal Patel.

Here are the details of Ray's key team members:

Hemal Patel: Founder of Ray and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 2 email addresses

View details of Ray's Founder profiles and Board Members

Ray's employee count trend

Ray has 62 employees as of Apr 26. Here is Ray's employee count trend over the years:

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Top competitors of Ray include Exaware, Arrcus and IP Infusion. Here is the list of Top 10 competitors of Ray, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Exaware 2007, Netanya (Israel), Acquired	Integrated optical and electronic component solution on single chip	$176M	Crescent Point Energy, Rusnano & 9 others	64/100
2nd	Arrcus 2016, San Jose (United States), Series D	Developer of network operating system and related software solutions	$160M	Clear Ventures, Lightspeed Venture Partners ... & 8 others	64/100
3rd	IP Infusion 1999, Santa Clara (United States), Acquired	Cloud based platform offering enterprise network operating system	$14.7M	Formative Ventures, Investor Growth Capital ... & 12 others	63/100
4th	Synology 2000, Taipei (Taiwan), Unfunded	Manufacturer of network attached storage solutions and data protection appliances	-	-	61/100
5th	Enea 1965, Stockholm (Sweden), Acquired	Network operating system for enterprises	-	Herald Investment Management, Quinary Investment	59/100
6th	DBOS 2023, Cambridge (United States), Seed	Cloud based integrated serverless solutions for application development	$8.5M	Construct Capital, Engine Ventures & 2 others	56/100
7th	Pluribus Networks 2010, San Jose (United States), Acquired	Cloud & software-defined networks OS for data centers	$145M	Temasek, New Enterprise Associates & 11 others	52/100
8th	Ubuntu 2004, London (United Kingdom), Funding Raised	Open source desktop operating system	-	Porto Social	52/100
9th	Cloud Linux 2009, Palo Alto (United States), Seed	Provider of container based operating system	-	Runa Capital, BrainWeb	51/100
10th	Gentoo 1999, Sanford (United States), Unfunded	Flexible, source-based Linux distribution, customizable for diverse applications and needs	-	-	48/100
38th	Ray 2019, Singapore (Singapore), Seed	Provider of wireless access points and Network OS	$266K	Quick Heal	30/100