First Rays Venture Partners

First Rays Venture Partners, founded in 2020 and based in San Jose, California, is a venture capital firm that focuses on early-stage investments in B2B enterprise software. The firm primarily invests in Seed, Pre-Series A, and Series A startups that offer innovative solutions in areas such as artificial intelligence, cloud-edge-data orchestration, and automation. First Rays Venture Partners is committed to supporting visionary founders and helping startups secure early customers within AI, enterprise sectors, and developer communities. The firm's investment strategy emphasizes the potential for disruptive ideas that can transform the enterprise technology landscape.

Alok Nandan

Co-Founder and Managing Partner

Amit Sridharan

Co-Founder and Managing Partner

19 past transactions

Lumeus

Seed Round in 2023
Lumeus is a network security automation company that specializes in Agentless Zero Trust Networking technology. Its platform allows IT and security teams to seamlessly integrate connectivity and control across various environments, from campus networks to cloud services. By connecting to existing multi-vendor and multi-cloud infrastructures without the need for agents, Lumeus enables businesses to visualize, automate, and optimize their edge networks. This innovative approach supports organizations in accelerating their edge transformation projects, enhancing security and operational efficiency.

Essenvia

Seed Round in 2023
Essenvia operates an online software platform designed to enhance the regulatory workflow for medical device companies during both pre and post-market phases. The platform features a comprehensive dashboard that facilitates cross-functional collaboration among teams, allowing for improved communication and efficiency. It automates various tasks associated with managing initial and subsequent device modifications, as well as regulatory workflow and administrative processes. By streamlining these activities, Essenvia enables its clients to reduce the time and costs associated with bringing medical devices to market.

Procyon.ai

Pre Seed Round in 2022
Procyon.ai specializes in data security software, focusing on privilege access management for multi-cloud and API-based infrastructures. The company's innovative platform enhances enterprise security by eliminating static user credentials, thereby mitigating risks associated with cyberattacks. Procyon.ai's solution incorporates next-generation networking, passwordless authentication, and self-service capabilities, ensuring a seamless and secure experience for managing access to critical resources. With a commitment to safeguarding enterprise cloud environments, Procyon.ai equips organizations with the tools necessary to effectively manage privileges and enhance overall cybersecurity.

Docyt

Series A in 2022
Docyt is a real-time accounting automation platform that leverages artificial intelligence and machine learning to streamline financial workflows. It automates essential processes such as accounts payable, bookkeeping, and cash-flow management while ensuring secure document exchanges and organized communications. By continuously reconciling the general ledger and generating real-time financial reports, Docyt enables small businesses and accountants to minimize costs and simplify the complexities associated with bookkeeping and back-office operations.

Arcion

Series A in 2022
Blitzz was founded by seasoned leaders from the world of databases and distributed systems to liberate enterprises to move to from legacy RDBMS to distributed cloud-native databases in the fastest, most reliable and most cost-efficient way. A solution that could handle variety, velocity, and volume of today’s businesses in real time without compromising on data integrity while enabling modern software architecture such as microservices.These rapid changes in data management landscape in terms of workloads and deployment models have only made it even more challenging for enterprises to navigate these complexities. Blitzz was built from the ground up as cloud-neutral and easy-to-use database modernization tool.

Lumeus

Pre Seed Round in 2022
Lumeus is a network security automation company that specializes in Agentless Zero Trust Networking technology. Its platform allows IT and security teams to seamlessly integrate connectivity and control across various environments, from campus networks to cloud services. By connecting to existing multi-vendor and multi-cloud infrastructures without the need for agents, Lumeus enables businesses to visualize, automate, and optimize their edge networks. This innovative approach supports organizations in accelerating their edge transformation projects, enhancing security and operational efficiency.

Peritus.ai

Seed Round in 2021
Peritus.ai Inc. is a technology company based in Palo Alto, California, established in 2017. It specializes in developing an artificial intelligence-based virtual expert to enhance customer service for IT products and services. The company's platform leverages natural language processing and deep learning to analyze patterns from product designs, historical incidents, configurations, and log data, enabling it to predict support needs and incident characteristics. Peritus.ai aims to automate support delivery and incident resolution for complex systems, ultimately facilitating faster problem-solving. Co-founded by industry veterans Robin Purohit and Santhosh Srinivasan, the company is currently in stealth mode and has secured seed funding, with several early adopters utilizing its technology in production.

Arnica

Seed Round in 2021
Arnica is a framework for DevOps supply chain security that is behavior-based.

Dendron

Seed Round in 2021
Dendron helps you find relationships between your notes and provides enough structure so you’re never lost.

Essenvia

Pre Seed Round in 2021
Essenvia operates an online software platform designed to enhance the regulatory workflow for medical device companies during both pre and post-market phases. The platform features a comprehensive dashboard that facilitates cross-functional collaboration among teams, allowing for improved communication and efficiency. It automates various tasks associated with managing initial and subsequent device modifications, as well as regulatory workflow and administrative processes. By streamlining these activities, Essenvia enables its clients to reduce the time and costs associated with bringing medical devices to market.

Docyt

Seed Round in 2021
Docyt is a real-time accounting automation platform that leverages artificial intelligence and machine learning to streamline financial workflows. It automates essential processes such as accounts payable, bookkeeping, and cash-flow management while ensuring secure document exchanges and organized communications. By continuously reconciling the general ledger and generating real-time financial reports, Docyt enables small businesses and accountants to minimize costs and simplify the complexities associated with bookkeeping and back-office operations.

Opscruise

Seed Round in 2021
OpsCruise is a developer of cloud management applications focused on providing performance assurance for cloud operations. The company addresses the challenges posed by the shift to cloud-native applications through an innovative approach that integrates various signals, including logs, metrics, and flows, as well as employing Kubernetes and anomaly detection. Its platform is designed to facilitate real-time root cause analysis and dynamic application behavior modeling, allowing businesses to effectively manage their cloud applications. By leveraging popular open-source monitoring tools, OpsCruise envisions a future of autonomous operations, streamlining performance management in complex environments.

Arcion

Pre Seed Round in 2021
Blitzz was founded by seasoned leaders from the world of databases and distributed systems to liberate enterprises to move to from legacy RDBMS to distributed cloud-native databases in the fastest, most reliable and most cost-efficient way. A solution that could handle variety, velocity, and volume of today’s businesses in real time without compromising on data integrity while enabling modern software architecture such as microservices.These rapid changes in data management landscape in terms of workloads and deployment models have only made it even more challenging for enterprises to navigate these complexities. Blitzz was built from the ground up as cloud-neutral and easy-to-use database modernization tool.

Kleeen Software

Seed Round in 2021
Kleeen Software Inc. specializes in technology that transforms product design and development for enterprise companies by simplifying user experiences. The company offers a Software as a Service (SaaS) application that leverages data science to convert user goals into enterprise-grade user interface designs and implementations. Founded in 2018, Kleeen Software is headquartered in San Jose, California, and has an additional office in San Jose, Costa Rica.

Kleeen Software

Pre Seed Round in 2019
Kleeen Software Inc. specializes in technology that transforms product design and development for enterprise companies by simplifying user experiences. The company offers a Software as a Service (SaaS) application that leverages data science to convert user goals into enterprise-grade user interface designs and implementations. Founded in 2018, Kleeen Software is headquartered in San Jose, California, and has an additional office in San Jose, Costa Rica.

Docyt

Pre Seed Round in 2019
Docyt is a real-time accounting automation platform that leverages artificial intelligence and machine learning to streamline financial workflows. It automates essential processes such as accounts payable, bookkeeping, and cash-flow management while ensuring secure document exchanges and organized communications. By continuously reconciling the general ledger and generating real-time financial reports, Docyt enables small businesses and accountants to minimize costs and simplify the complexities associated with bookkeeping and back-office operations.

Wootcloud

Seed Round in 2019
WootCloud Inc. is a California-based company that specializes in Internet of Things (IoT) security solutions. Founded in 2016 and headquartered in San Jose, with additional offices in India and Argentina, WootCloud offers an enterprise security platform that employs HyperContext-powered technology. This platform identifies unmanaged devices across various spectrums, including Bluetooth and WiFi, and evaluates over 300 device parameters to generate risk scores. By uncovering hidden and shadow devices, WootCloud helps organizations identify vulnerabilities in their device security posture, enabling them to address potential risks and prevent data breaches. The platform provides real-time monitoring of network access, ultimately enhancing overall security for its clients.

Enya.ai

Seed Round in 2018
Enya.ai, founded by a team from Stanford, specializes in secure computation platforms specifically designed for edge devices such as mobile phones, drones, cars, and IoT sensors. The company addresses growing data privacy concerns and the challenges of complying with privacy regulations by providing solutions that help organizations minimize their data liability. In addition to its secure computation services, Enya.ai develops a decentralized infrastructure system aimed at fostering community participation in decentralized blockchain networks. This system focuses on creating a sustainably incentivized ecosystem that is accessible and user-friendly, allowing developers to enhance smart contracts with advanced algorithms. Through these initiatives, Enya.ai seeks to empower users and streamline the integration of privacy-focused technologies.
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