Axion Ray
20 Penn Mart Shopping Ctr Pmb 540, New Castle, Delaware, 19720, United States
Overview
Founded in 2021, Axion Ray has built a human-in-the-loop AI platform that unifies product and customer data to surface the earliest warning signals of quality problems for manufacturers across sectors such as automotive, aerospace, med-tech, consumer electronics and data centers. The software accelerates root-cause analysis by an average of 85 %, boosts product uptime, and can cut warranty costs by millions of dollars by shifting quality management from reactive to proactive. Fortune 500 customers like Cummins, SharkNinja, Medtronic and Daikin use Axion to close feedback loops between field performance and engineering teams, thereby improving customer experience and informing next-generation product design. The company integrates naturally with Salesforce Data Cloud and Service Cloud, allowing joint customers to link product performance directly to service workflows. With its latest capital infusion, Axion plans to expand its AI capabilities, deepen Salesforce ecosystem integrations, and scale go-to-market efforts to support more U.S. manufacturers. The company is headquartered in New York and positions itself as the operating layer for America’s manufacturing revival. Although revenue figures were not disclosed, Axion emphasizes measurable ROI through reduced downtime and warranty expenses for its enterprise clients.
- Total raised
- $62M
- Funding rounds
- 3
- Latest round
- Series B
- Latest activity
- Dec 2025
Industries
- Analytics
- Artificial Intelligence (AI)
- Business Intelligence
- Machine Learning
- Manufacturing
Recent funding
Series B
Dec 2025
$37M
Series A
Mar 2024
$18M
Seed
Feb 2023
$8M