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 21292 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-Seeda 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
15.5 yr
On record since
2010
First round
1
Rounds on file
How it compares to the market

Benchmarked against 21292 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)Teamwork Retail, LLC · Pre-Seed Raised $1.5M · modeled $42.4M (est)Prototype Productions, Inc. · Pre-Seed Raised $1.0M · modeled $42.4M (est)Panelfly, Inc. · Pre-Seed Raised $1.2M · modeled $42.4M (est)Thinkful, Inc. · Pre-Seed Raised $1.4M · modeled $42.4M (est)422 Group LLC · Pre-Seed Raised $1.0M · modeled $42.4M (est)ROI2, Inc. · Pre-Seed Raised $1.0M · modeled $42.4M (est)Qthru Inc. · Pre-Seed Raised $1.0M · modeled $42.4M (est)When U Wish LTD · Pre-Seed Raised $1.8M · modeled $42.4M (est)Agentek Inc · Pre-Seed Raised $1.0M · modeled $42.4M (est)Informous, Inc. · Pre-Seed Raised $1.0M · modeled $42.4M (est)Yapp, Inc. · Pre-Seed Raised $1.3M · modeled $42.4M (est)Sejent Corp · 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.
Teamwork Retail, LLCPre-Seed$1.5M$42.4M2.90×
Prototype Productions, Inc.Pre-Seed$1.0M$42.4M2.90×
Panelfly, Inc.Pre-Seed$1.2M$42.4M2.90×
Thinkful, Inc.Pre-Seed$1.4M$42.4M2.90×
422 Group LLCPre-Seed$1.0M$42.4M2.90×
ROI2, Inc.Pre-Seed$1.0M$42.4M2.90×
Qthru Inc.Pre-Seed$1.0M$42.4M2.90×
When U Wish LTDPre-Seed$1.8M$42.4M2.90×
Agentek IncPre-Seed$1.0M$42.4M2.90×
Informous, Inc.Pre-Seed$1.0M$42.4M2.90×
Yapp, Inc.Pre-Seed$1.3M$42.4M2.90×
Sejent CorpPre-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 Baird1 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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