About Axion Ray
Axion Ray is a company based in Brooklyn (United States) founded in 2021 by Rebecca Trachtenberg and Daniel First. Axion Ray has raised $25 million across 2 funding rounds from investors including RTX, Bessemer Venture Partners and Boeing. Axion Ray operates in a competitive market with competitors including VoyagerX, Augtera, OptimalPlus, RelationalAI and Ridge-i, among others.
- Headquarter Brooklyn, United States
- Founders Rebecca Trachtenberg, Daniel First
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
$69.45 K (USD)0as on Mar 31, 2022
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Net Profit
-$24.27 K (USD)0as on Mar 31, 2022
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EBITDA
-$24.8 K (USD)0as on Mar 31, 2022
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Total Equity Funding
$25 M (USD)
in 2 rounds
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Latest Funding Round
$17.5 M (USD), Series A
Mar 12, 2024
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Investors
RTX
& 5 more
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Employee Count
Not available
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People of Axion Ray
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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.
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.
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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African software startups are funded by Amplo venture capital firm.
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Investor details for Axion Ray
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Investments & Acquisitions by Axion Ray
Investment portfolio details for Axion Ray
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Financial Statements - Axion Ray
Detailed financials for Axion Ray
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Axion Ray Comparisons
Peer comparison for Axion Ray
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Competitors of Axion Ray
Axion Ray operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as VoyagerX, Augtera, OptimalPlus, RelationalAI and Ridge-i, among others.
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AI-based software solutions are provided through an innovative platform.
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AI development services are provided to clients by Augtera.
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Yield management solutions are provided for the semiconductor industry.
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Knowledge graph coprocessor is developed for data cloud environments.
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AI development services are provided by Ridge-i in Japan.
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Detailed competitors of Axion Ray
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Latest news on 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 current CEO of Axion Ray. They have also founded this company.
Axion Ray is a funded company, having raised a total of $25M across 2 funding rounds to date.
Annual revenue of Axion Ray is $69.45K as on Mar 31, 2022.
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 VoyagerX, Augtera and OptimalPlus.
Axion Ray has 6 investors. Key investors include RTX, Bessemer Venture Partners, Boeing, Amplo, and Inspired Capital.