Axion Ray

Brooklyn, United States Founded: 2021 • Age: 5 yrs
AI-based data analytics solutions are provided for OEMs and suppliers.

About Axion Ray

Axion Ray is a Technology company based in Brooklyn (United States) founded in 2021 by Rebecca Trachtenberg and Daniel First. AI-based data analytics solutions are provided for OEMs and suppliers. It operates in the Technology and Transportation, Automotive & Logistics sectors. Axion Ray has raised $25 million across 2 funding rounds from investors including RTX, Bessemer Venture Partners and Boeing. Its chief executive, as recorded, is Daniel First. Its Indian entity Axionray Private Limited reported revenue of β‚Ή5.90 Cr. Its focus areas include Business Services, IT Services, Application Development and AI Development. Its competitors include Augtera, RelationalAI and Oorbit; 3 of its 3 listed competitors have raised funding.

Company details

Axion Ray was founded in 2021 and is headquartered in Brooklyn, United States. Data analytics solutions based on artificial intelligence are offered to original equipment manufacturers and suppliers. The platform incorporates automated language interpretation, data aggregation, analysis, alerts, predictive modeling, and related functions. Operations focus on the automotive sector, enabling efficient data processing and insights.

  • Headquarters Brooklyn, United States
  • Founders Rebecca Trachtenberg, Daniel First
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website axionray.com
  • Social LinkedIn
  • Legal Name Axionray Private Limited
  • Date of Incorporation 24 May, 2021
Key Metrics
  • Indian entity revenue
    ₹5.90 Cr

    FY 2025 · -40% YoY

  • Indian entity net loss
    -₹76.5 Lakh

    FY 2025 · -13% margin

  • Indian entity EBITDA
    -₹65.7 Lakh

    FY 2025 · -11% margin

  • Total Equity Funding
    $25M (USD)

    in 2 rounds

  • Latest Funding Round
    $17.5M (USD), Series A

    Mar 2024

  • Investors
    RTX

    & 5 more

Funding Insights of Axion Ray

Axion Ray has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $17.5 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $25M
  • Total Rounds 2
  • Last Round Series A β€” $17.5M
  • First Round $7.5M

    (Feb 2023)

  • Investors Count 6

All 2 funding rounds of Axion Ray with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2024$17.5MSeries A–Bessemer Venture Partners
Feb 2023$7.5MSeed–Amplo, Inspired Capital
Valuation history

6 investors in total: 6 institutional.

Investors in Axion Ray

Axion Ray has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include RTX, Bessemer Venture Partners and Boeing.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
1911bvp.comRedwood City, United States
African software startups are funded by Amplo venture capital firm.
2017amplovc.comSpring, United States
tinicumventure.com
Defense and aerospace systems are manufactured and developed by RTX.
1922rtx.comUnited States
Inspired Capital is focused on backing early-stage founders.
inspiredcapital.com
Commercial jetliners, defense, space, and security systems are manufactured.
1916boeing.comUnited States
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Investor details for Axion Ray

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Board of directors of Axionray Private Limited (Axion Ray)

Axionray Private Limited is the primary company behind Axion Ray. The board of Axionray Private Limited currently have 3 directors; the longest-serving is Deepak Suresh Kothule, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Deepak Suresh Kothule
DIN 08693381
Director24 May 20215 yrs 5 moAxionray Private Limited
Devesh Rakhecha
DIN 08407583
Director24 May 20215 yrs 5 moAxionray Private Limited
Jayshree Arun Harak
DIN 09154912
Director22 Dec 20214 yrs 10 moAxionray Private Limited

People of Axion Ray

35 people are tracked at Axion Ray (14 in leadership, 21 in team).

NameRoleGroup
Rebecca Trachtenberg
Co-FounderLeadership
Daniel First
Co-Founder & CEOLeadership
Pat Huang
Director Of Product ManagementLeadership
Paul Szymczyk
VP Of SalesLeadership
Khou Fang
Head of TalentLeadership
Orsi Jojart
Head Of Consumer And RetailLeadership
Bryan Dell
Chief Revenue Officer (cro)Leadership
Yann Bignier
VP, Data Science, R&DLeadership
Luke O'Neill
VP, Platform EngineeringLeadership
Gabriel H.
Head Of Finance & OperationsLeadership
Matt O'Donoghue
Associate General Manager, Aerospace & IndustrialsLeadership
Akash Pavan
Head Of IndustrialsLeadership
Shiv Saha
Director Solutions EngineeringLeadership
Jesse Greenberg
VP Of EngineeringLeadership
M.k.sharath Shree Vathsan
Senior Data AnalystTeam
Kajal Yadav
Data Operations LeadTeam
Prashanth A N
Senior AnalystTeam
Laurel Montgomery
Enterprise Account ExecutiveTeam
Tennyson Brown-Wolf
Deployment LeadTeam
Ryan Millard
Strategic Major AccountsTeam

15 more people are available in the full profile.

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Financials of Axion Ray

Figures of Axionray Private Limited, the primary company behind Axion Ray, for FY 2025. Revenue was ₹5.90 Cr (-40% year on year). Net loss was -₹76.5 Lakh (-13% margin). EBITDA was -₹65.7 Lakh (-11% margin). Revenue has grown at a compounded annual rate of +125% over three years.

  • ₹5.90 CrRevenue · FY 2025 · -40% YoY
  • -₹76.5 LakhNet loss · -13% margin
  • -₹65.7 LakhEBITDA · -11% margin
  • ₹3.8 LakhPaid-up capital
  • +125%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Axionray Private Limited are on its company page.

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Detailed financial statements for Axion Ray

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Timeline of Axion Ray

3 dated milestones of Axion Ray across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Axion Ray is founded.
  2. Funding First funding round of $7.5M.
  3. Funding Latest funding round, Series A, of $17.5M.

Competitors of Axion Ray

Axion Ray has 3 listed competitors in our database, 3 of them funded. They include Augtera, RelationalAI and Oorbit.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
augtera.com2017San Francisco, United States$17M
AI development services are provided to clients by Augtera.
relational.ai2017Berkeley, United States$75M
Knowledge graph coprocessor is developed for data cloud environments.
oorbit.com2015Menlo Park, United States$5.04M40
AI game development services are provided by Oorbit.
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Detailed competitors of Axion Ray

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Web traffic of Axion Ray

The website of Axion Ray (axionray.com) receives about 4.3K visits a month.

  • Monthly visits
    4.3K

    ▼ 18.1% vs previous month

Similar websites

Websites whose visitors overlap most with Axion Ray. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
axiondata.com
axiondata.com
100%
#1,369,788–

Top companies in Cybersecurity & Data Protection

3 companies that operate in the same segment as Axion Ray (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud based website security solutions
2009San Francisco, California, United StatesUSD 332.1 MUSD 1.67 B7,330
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
Cloud-based identity management solutions are provided for enterprises.
2002Denver, Colorado, United StatesUSD 136.89 MUSD 36.94 M821
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Related news about Axion Ray

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Frequently Asked Questions about Axion Ray

Axion Ray was founded in 2021 and raised its 1st funding round 2 years after it was founded.

Axion Ray is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.

Daniel First is the CEO of Axion Ray, as recorded in our data. They have also founded this company.

Axion Ray is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $7.5M, raised on Feb 2023.

The primary company behind Axion Ray, Axionray Private Limited, reported revenue of β‚Ή5.90 Cr for FY 2025, down 40% year on year.

Axion Ray was founded in 2021 and is headquartered in Brooklyn, United States. Data analytics solutions based on artificial intelligence are offered to original equipment manufacturers and suppliers. The platform incorporates automated language interpretation, data aggregation, analysis, alerts, predictive modeling, and related functions. Operations focus on the automotive sector, enabling efficient data processing and insights.

Axion Ray's top competitors include Augtera, RelationalAI and Oorbit.

Axion Ray has 6 investors. Key investors include RTX, Bessemer Venture Partners, Boeing, Amplo, and Inspired Capital.

Axion Ray operates through Axionray Private Limited.

The legal entities of Axion Ray currently have 3 directors, including Jayshree Arun Harak, Deepak Suresh Kothule, Devesh Rakhecha.

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