# RayVio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rayvio

- Industry: Power & Utilities
- Headquarters: Hayward, US
- Website: www.rayvio.com
- Total disclosed funding: $14M
- Latest round: Series B (Mar 10, 2015)
- Investors on record: 6

## About

RayVio is a provider of innovative online gaming experiences, focusing on a variety of engaging slot games designed for both casual and seasoned players, primarily in Europe and North America.Founded in 2013 and headquartered in Hayward, US, RayVio develops online slot games. The company has successfully raised a total of USD 26.00 mn across three funding rounds, with the latest funding round occurring on April 26, 2016, attracting investors such as IPV Capital and Tsing Capital. CEO Robert Walker leads the company, which has no known subsidiaries or parent companies.Rayvio specializes in the online gaming sector, focusing primarily on providing a diverse array of online slot games. Their core product offerings include both classic slots and modern video slots, designed to cater to a wide range of player preferences. These games leverage advanced technology, including random number generators (RNGs), to ensure fair play and an engaging user experience. Each slot game features unique themes, captivating graphics, and innovative bonus features such as free spins and multipliers, enhancing the overall gaming experience. Rayvio markets its products primarily in Europe and North America, targeting both casual gamers and seasoned players looking for immersive gaming experiences from the comfort of their homes.Rayvio generates revenue through direct-to-consumer transactions, primarily via their online platform where players can access their slot games. The revenue model is structured around pay-per-spin mechanics, where players place bets with each spin, as well as potential subscription models for premium gaming experiences. Key products contribute significantly to the revenue stream, with popular titles often driving higher engagement and repeat play. The company offers various pricing structures, including pay-per-spin rates that allow users to decide their stake for each game, enabling flexibility based on personal budgets. Partnerships with online casinos and gaming platforms further enhance the distribution of Rayvio’s games, providing additional revenue channels through licensing agreements and collaborations.In April 2016, Rayvio raised USD 26.00 mn in venture funding to support its growth initiatives, with the investment led by IPV Capital and Tsing Capital. The company plans to design and launch new slot games aimed at enhancing user engagement and interest. Additionally, Rayvio is focusing on expanding its market reach into Asia and South America by the end of 2023, seeking to tap into new player bases and increase its presence in the competitive online gaming industry.

## Funding rounds

- Series B, Mar 10, 2015, $9.3M — DCM, Capricorn Investment Group, Applied Ventures, Augment Ventures, New Ground Ventures, Tolero Ventures
- Series A, Jun 1, 2012, $4.6M — DCM, Capricorn Investment Group

## Investors

- DCM (https://capitalatlas.ai/funds/dcm) — Series A, Series B
- Capricorn Investment Group (https://capitalatlas.ai/funds/capricorn-investment-group) — Series A, Series B
- Applied Ventures (https://capitalatlas.ai/funds/applied-ventures) — Series B
- Augment Ventures (https://capitalatlas.ai/funds/augment-ventures) — Series B
- New Ground Ventures (https://capitalatlas.ai/funds/new-ground-ventures) — Series B
- Tolero Ventures — Series B