About RaySat
RaySat is a company based in Vienna (United States) founded in 1997 was acquired by Gilat Satellite Networks in March 2010.. RaySat has raised $37 million across 2 funding rounds from investors including Gilat Satellite Networks, Apax Partners and Benchmark.
- Headquarter Vienna, United States
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$37 M (USD)
in 2 rounds
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Latest Funding Round
$27 M (USD), Series B
Jul 11, 2005
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Investors
Gilat Satellite Networks
& 3 more
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Employee Count
Employee Count
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Acquired by
Gilat Satellite Networks
(Mar 17, 2010)
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Funding Insights of RaySat
RaySat has successfully raised a total of $37M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $27 million completed in July 2005. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $27.0M
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First Round
First Round
(09 Jun 2004)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2005 | Amount | Series B - RaySat | Valuation | Apax | |
| Jun, 2004 | Amount | Series A - RaySat | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RaySat
RaySat has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Gilat Satellite Networks, Apax Partners and Benchmark. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are offered to promising startups.
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Founded Year | Domain | Location | |
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Equity investments are focused on tech, services, and consumer sectors.
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Founded Year | Domain | Location | |
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Minitoto is recognized as a leading online toto slot provider.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RaySat
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RaySat
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Raysat Comparisons
Competitors of RaySat
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Raysat
Frequently Asked Questions about RaySat
When was RaySat founded?
RaySat was founded in 1997 and raised its 1st funding round 7 years after it was founded.
Where is RaySat located?
RaySat is headquartered in Vienna, United States.
Is RaySat a funded company?
RaySat is a funded company, having raised a total of $37M across 2 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 09, 2004.
What does RaySat do?
RaySat was founded in 1997 in Vienna, United States, and operates in the satellite communications sector. Low-profile, lightweight antennas and system solutions are supplied for the Satcom On The Move market. Products such as SpeedRay antennas are used for wireless Internet and satellite television on vehicles, while TorpedoRay and EagleRay antennas enable one-way and two-way Internet access on trains. Customers encompass commercial, railway, OEM, and automotive companies.
Who are RaySat's investors?
RaySat has 4 investors. Key investors include Gilat Satellite Networks, Apax Partners, Benchmark, and Minitoto.
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