$1M sweet spot round size
Most of their 26 investments are in rounds between $1.6M and $7M
2020
WireMock raised $6.5M on May 24, 2023
Investors: Ridge Ventures, Scribble Ventures and First Rays Venture Partners
Undisclosed raised $6M on May 18, 2023
Investors: Emergent Ventures, Tola Capital and First Rays Venture Partners
Essenvia raised $4M on May 2, 2023
Investors: Wavemaker Three-Sixty Health, Pasadena Angels, BGV, - and First Rays Venture Partners
FunnelStory raised $3M on April 20, 2023
Investors: Preface Ventures, Page One Ventures and First Rays Venture Partners
Backslash Security raised $8M on March 22, 2023
Investors: StageOne Ventures and First Rays Venture Partners
Procyon raised $6.5M on February 14, 2023
Investors: Lobby Capital, GTM Capital and First Rays Venture Partners
Undisclosed raised $25M on November 15, 2022
Investors: CBIZ CMF, LLC, Streamlined Ventures, Qualcomm Ventures, HCP Ltd, BluePointe Ventures and First Rays Venture Partners
Arnica raised $7M on October 25, 2022
Investors: Joule Ventures and First Rays Venture Partners
Procyon raised undisclosed on April 15, 2022
Investors: - and First Rays Venture Partners
Docyt raised $12M on April 6, 2022
Investors: Lobby Capital, Morado Ventures, LLC and First Rays Venture Partners