About Ray
Ray is a Media & Entertainment company based in Espoo (Finland) founded in 2022 by Jaakko Manninen. Ray is recognized as a browser built for gaming. It operates on a SaaS (Software-as-a-Service) model. Ray has raised $6.5 million across 1 funding round from investors including Play Ventures, Samsung NEXT and Spatial Capital. Its chief executive, as recorded, is Jaakko Manninen. Its website playonray.com draws about 75 thousand monthly visits. Ray offers products and services including Ray Browser. Its focus areas include Technology, Software and Gaming Software.
Company details
Ray is developed as a specialized browser for web gaming, focusing on providing instant access to browser games without installation. It operates in the technology sector, offering solutions like splitscreen multitasking, enhanced FPS performance, and customization options. Features such as integration with apps like Discord and YouTube are included, alongside compatibility with cloud gaming services like Amazon Luna and Xbox. Privacy and security are prioritized, with compliance to GDPR standards ensured.
- Headquarters Espoo, Finland
- Founders Jaakko Manninen
- SectorsMedia & Entertainment
- Website playonray.com
- Social X Instagram YouTube
- Total Equity Funding$6.5M (USD)
in 1 rounds
- Latest Funding Round$6.5M (USD), Series A
Dec 2024
- InvestorsPlay Ventures
& 4 more
Products & Services of Ray
Ray offers a comprehensive portfolio of products and services, including Ray Browser.
A browser designed specifically for web gaming experiences.
Apps and channels of Ray
its YouTube channel Play on Ray has 742 subscribers and 8 videos.
Videos from Ray
The most watched videos on Ray's YouTube channel, Play on Ray (742 subscribers). Click a video to play it here.
More on Play on Ray.
Funding Insights of Ray
Ray has successfully raised a total of $6.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.5 million completed in December 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 $6.5M
- Total Rounds 1
- Last Round Series A — $6.5M
- First Round $6.5M
(Dec 2024)
- Investors Count 5
All 1 funding rounds of Ray with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $6.5M | Series A | – | – |
5 investors in total: 5 institutional.
Investors in Ray
Ray has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Play Ventures, Samsung NEXT and Spatial Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early stage investments in gaming and consumer apps are made by Play Ventures. | playventures.vc | |||
Venture capital fund investing in early-stage tech startups | samsungnext.com | Berlin, Germany | ||
Early-stage investments are made in computing technology ventures. | fov.ventures | |||
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
Spatial Capital is engaged in venture capital investments for early-stage startups. | 2023 | spatial.capital |
Investor details for Ray
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Ray
2 people are tracked at Ray (2 in leadership).
| Name | Role | Group |
|---|---|---|
Jaakko Manninen | Founder & CEO | Leadership |
David Diaz | Co-founder And CEO | Leadership |
Complete people profiles for Ray
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Ray
2 dated milestones of Ray across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Ray is founded.
- Funding First funding round of $6.5M.
Web traffic of Ray
The website of Ray (playonray.com) receives about 75.2K visits a month.
- Monthly visits75.2K
▼ 25.8% vs previous month
Websites whose visitors overlap most with Ray. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
playingfungames.com | playingfungames.com | 100% | #2,364,851 | – | |
gogy.com | gogy.com | 98% | #154,938 | – | |
60freegames.de | 60freegames.de | 96% | #3,542,690 | – | |
| unblnd.com | 95% | 20K | #1,400,380 | View details | |
mylittlefarmies.de | mylittlefarmies.de | 94% | #997,252 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for Ray
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 31 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ray
Complete news archive for Ray
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ray
Ray was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Ray is headquartered in Espoo, Finland.
Jaakko Manninen is the CEO of Ray, as recorded in our data. They have also founded this company.
Ray is a funded company, having raised a total of $6.5M across 1 funding round to date. The company's 1st funding round was a Series A of $6.5M, raised on Dec 2024.
Ray is developed as a specialized browser for web gaming, focusing on providing instant access to browser games without installation. It operates in the technology sector, offering solutions like splitscreen multitasking, enhanced FPS performance, and customization options. Features such as integration with apps like Discord and YouTube are included, alongside compatibility with cloud gaming services like Amazon Luna and Xbox. Privacy and security are prioritized, with compliance to GDPR standards ensured.
Ray offers Ray Browser.
Ray has 5 investors. Key investors include Play Ventures, Samsung NEXT, Spatial Capital, FOV Ventures, and Andreessen Horowitz.