Companies · Other Technology

S-Ray Inc

SEATTLE · Other Technology

Diligence memoA one-page analyst read on S-Ray Inc — recommendation, valuation, rhythm, risks.→
$945K
Total raised · real
1
Rounds
—
Latest step-up
Top 74%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Mon Dec 27 2010 00:00:00 GMT+0000 (Coordinated Universal Time)

S-Ray Inc looks over-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 2.74× the median modeled value of Pre-Seed Other Technology companies in 2010–2012 (1131 peers) — value vs value, same stage and era.
Dormant
  • Last raise 15.5 yr ago; this sector typically re-raises about every 13 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

S-Ray Inc is one of 21302 Other Technology companies tracked from SEATTLE. By capital raised it ranks in the long tail (ahead of 27% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MPre-Seed · 2010-12-27 Raised $945K (real) Modeled valuation $40M (est)$945K$40MPre-Seed2010

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$945K · 2010

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$40.0M
Base estimate est.
$617K
Conservative case
$454.0M
Upside case
$5.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seed — a round under $1.0M). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
29%
Survival probability
12% low · 54% high
1.72×/yr
Annual markup
2.33×/yr upside case
6.0 yr
Elapsed time used
15.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
15.8 yr
On record since
2010
First round
1
Rounds on file
How it compares to the market

Benchmarked against 21302 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)▼ 0.3× of median
This company$945K
Sector median$3.2M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage)▲ 2.5× above median
This company$945K
Sector median$375K
Modeled value — vs sector median (estimate, all stages)▲ 1.1× above median
This company$40.0M
Sector median$37.3M

Raised more than 27% of sector peers (real $). Modeled value above 52% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #67 of 1,131.

This companyCohort peer
$10.0M$100.0M$100K$1.0M$10.0MCapital raised (log)Direct Grid Technologies Llc · Pre-Seed Raised $1.0M · modeled $42.4M (est)HiringThing, LLC · Pre-Seed Raised $1.0M · modeled $42.4M (est)Prototype Productions, Inc. · Pre-Seed Raised $1.0M · modeled $42.4M (est)Mediamogul, Llc · Pre-Seed Raised $1.5M · modeled $42.4M (est)Media Chaperone, Inc. · Pre-Seed Raised $1.0M · modeled $42.4M (est)SG Ventures, LLC · Pre-Seed Raised $1.0M · modeled $42.4M (est)Piqqual, Inc. · Pre-Seed Raised $2.0M · modeled $42.4M (est)Redux Inc · Pre-Seed Raised $1.0M · modeled $42.4M (est)Blue Tornado, Inc. · Pre-Seed Raised $1.0M · modeled $42.4M (est)Panelfly, Inc. · Pre-Seed Raised $1.2M · modeled $42.4M (est)Cenzic Inc · Pre-Seed Raised $1.0M · modeled $42.4M (est)Io Semiconductor Inc · Pre-Seed Raised $1.0M · modeled $42.4M (est)S-Ray Inc (this company) Raised $945K · modeled $40.0M (est)S-Ray Inc
CompanyStageRaised · realValue · estvs peer med.
Direct Grid Technologies LlcPre-Seed$1.0M$42.4M2.90×
HiringThing, LLCPre-Seed$1.0M$42.4M2.90×
Prototype Productions, Inc.Pre-Seed$1.0M$42.4M2.90×
Mediamogul, LlcPre-Seed$1.5M$42.4M2.90×
Media Chaperone, Inc.Pre-Seed$1.0M$42.4M2.90×
SG Ventures, LLCPre-Seed$1.0M$42.4M2.90×
Piqqual, Inc.Pre-Seed$2.0M$42.4M2.90×
Redux IncPre-Seed$1.0M$42.4M2.90×
Blue Tornado, Inc.Pre-Seed$1.0M$42.4M2.90×
Panelfly, Inc.Pre-Seed$1.2M$42.4M2.90×
Cenzic IncPre-Seed$1.0M$42.4M2.90×
Io Semiconductor IncPre-Seed$1.0M$42.4M2.90×
S-Ray Inc this companyPre-Seed$945K$40.0M2.74×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$945K2010-12-27$5.3M$40.0M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$945K2010-12-27
    • First recorded raise — entered as Pre-Seed.
Intelligence
—
Modeled next raise
$1.5M
Modeled next size est.range $983K–$2.4M
—
Last step-up
—
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Steve Baird—1 other2010-12
Registry & provenance

S-Ray Inc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1510861
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
S-Ray Corp.Other TechnologyPre-Seed$490K$800Knetwork1 shared operator · same sector · same stage
netomat, Inc.Other TechnologyPre-Seed$943K$40.0Msame sector · same stage
Maker's Row, Inc.Other TechnologyPre-Seed$943K$39.9Msame sector · same stage
Frase Inc.Other TechnologyPre-Seed$948K$40.2Msame sector · same stage
Swenyo, Inc.Other TechnologyPre-Seed$950K$40.2Msame sector · same stage
Spot Industries, Inc.Other TechnologyPre-Seed$950K$40.2Msame sector · same stage
Context Labs, Inc.Other TechnologyPre-Seed$950K$40.2Msame sector · same stage
CapSen Robotics, Inc.Other TechnologyPre-Seed$950K$40.2Msame sector · same stage
Frequently asked
How much funding has S-Ray Inc raised?
S-Ray Inc has raised approximately $945K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is S-Ray Inc's estimated valuation?
Provath's modeled valuation for S-Ray Inc is approximately $40.0M (modeled range $617K–$454.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is S-Ray Inc at?
S-Ray Inc's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Mon Dec 27.
What does S-Ray Inc do and where is it based?
S-Ray Inc operates in the Other Technology sector, based in SEATTLE.
Explore related

See where S-Ray Inc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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