# Axion Ray

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/axion-ray

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.axionray.com
- Total disclosed funding: $60M
- Latest round: Series B (Dec 15, 2025)
- Investors on record: 9

## About

Founded in 2021 by its CEO, Daniel First, and based in Ohio, US, Axion Ray Inc., operates as a provider of performance analytics platforms used for workflow management, and prediction solutions. As of 2023, the company has partnered with companies like Boeing, OnDeck, Aerospace Xelerated, and many more. In December 2025, Axion Ray Inc. raised USD 37 million in series B funding led by new investor Salesforce Ventures, with participation from another new investor Schneider Electric SE. Returning investor Bessemer Venture Partners and other unspecified investors also participated in the round. The company offers an artificial intelligence-based performance analytics platform that integrates with various existing systems and helps companies with proactive engineering management. The company’s platform automates language interpretation and various manual tasks, resulting in aggregation, analysis, alerts, and the reduction of misdiagnosis, and failures. The company plans to utilize the December 2025 funding to enhance its AI technology, speed up the development of its products, and assist a greater number of manufacturers in producing dependable, high-quality goods.

## Funding rounds

- Series B, Dec 15, 2025, $37M — Bessemer Venture Partners, Schneider Electric SE, Salesforce Ventures
- Series A, Mar 12, 2024, $18M — Bessemer Venture Partners, Inspired Capital, RTX Ventures, Amplo Kaya
- Seed, Sep 26, 2022, $5.1M — Tinicum Incorporated, Boeing Company, Amplo, Inspired Capital

## Investors

- Tinicum Incorporated (https://capitalatlas.ai/funds/tinicum-incorporated) — Seed
- Boeing Company — Seed
- Amplo (https://capitalatlas.ai/funds/amplo) — Seed
- Inspired Capital (https://capitalatlas.ai/funds/inspired-capital) — Seed, Series A
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B
- RTX Ventures (https://capitalatlas.ai/funds/rtx-ventures) — Series A
- Amplo Kaya (https://capitalatlas.ai/funds/amplo-kaya) — Series A
- Schneider Electric SE — Series B
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series B