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First Rays Venture Partners

3031 Plaza West, San Jose, CA, US

Overview

Venture capital firm investing in early-stage B2B enterprise software.

Founded

2020

Deals ยท 12mo

3

Links

WebsiteLinkedIn

Stage focus

Seed
Series A

Geographic focus

India
Israel
United States

Sector focus

Artificial Intelligence (AI)
B2B
Cloud Data Services
Financial Services
...

Investment portfolio

18rounds
NAMEDATESIZE
Discern Security
Jul 2026Participated
$13 MSeries A
ChatSee.ai
Jun 2026Participated
$7 MSeed
Backslash Security
Feb 2026Participated
$19 MSeries A
unSkript, Inc
Jan 2024Participated
$4 MSeed
WireMock
May 2023Participated
$7 MSeed
Lumeus.ai
May 2023Participated
$6 MSeed
Backslash Security
May 2023Led
$8 MSeed
Essenvia
May 2023Participated
$4 MSeries A
Procyon
Feb 2023Participated
$7 MOther Equity
Cloudbrink
Nov 2022Participated
$25 MOther Equity
Arnica
Oct 2022Led
$7 MSeed
Docyt
Apr 2022Participated
$12 MSeries A
Discern Security
Jul 2026Participated
$13 MSeries A
ChatSee.ai
Jun 2026Participated
$7 MSeed
Backslash Security
Feb 2026Participated
$19 MSeries A
unSkript, Inc
Jan 2024Participated
$4 MSeed
WireMock
May 2023Participated
$7 MSeed
Lumeus.ai
May 2023Participated
$6 MSeed
Backslash Security
May 2023Led
$8 MSeed
Essenvia
May 2023Participated
$4 MSeries A
Procyon
Feb 2023Participated
$7 MOther Equity
Cloudbrink
Nov 2022Participated
$25 MOther Equity
Arnica
Oct 2022Led
$7 MSeed
Docyt
Apr 2022Participated
$12 MSeries A
18
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

First Rays Venture Partners: 18 funding rounds are recorded in the selected participation categories.All available history.
First Rays Venture Partners: 18 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed66
Series A04
Other Equity02

Monthly Deal Activity

First Rays Venture Partners: 18 deals are recorded across 69 months.All available history.
First Rays Venture Partners: 18 deals are recorded across 69 months. All available history
MonthDeals
Feb '213
Mar '210
Apr '211
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '211
Dec '211
Jan '220
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '221
Nov '221
Dec '220
Jan '230
Feb '231
Mar '230
Apr '230
May '234
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '241
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '260
Jun '261
Jul '261
Aug '260
Sep '260
Oct '260

Sector Breakdown

First Rays Venture Partners: Enterprise Software is the largest displayed sector by deal count (8 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

First Rays Venture Partners: Enterprise Software is the largest displayed sector by deal count (8 deals). All available history
SectorDeals
Enterprise Software8
AI & Machine Learning8
Cybersecurity & Privacy7
Developer Tools5
Networks, Cloud & Communication4
Professional Services3
Data, Analytics & IT3
Hardware & Robotics2
Space & Frontier Tech2
Manufacturing1
Health & Life Sciences1
Consumer & Lifestyle1

Deal Size Distribution

First Rays Venture Partners: 18 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

First Rays Venture Partners: 18 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M6
$5M-$10M8
$10M-$25M3
$25M-$50M1
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

First Rays Venture Partners: United States has the largest recorded deal count among the displayed regions (15 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

First Rays Venture Partners: United States has the largest recorded deal count among the displayed regions (15 deals). All available history
RegionDeals
United States15
Israel2
India1
First Rays Venture Partners: 20 co-investors are shown, with Joule Ventures sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

First Rays Venture Partners: 20 co-investors are shown, with Joule Ventures sharing 2 recorded deals. All available history
Co-investorShared deals
Joule Ventures2
Lobby Capital2
Morado Ventures2
Scribble Ventures2
StageOne Ventures2
WestWave Capital2
AI Fund1
AltaIR Capital1
Artofin1
Band of Angels1
Benhamou Global Ventures1
BluePointe Ventures1
CMF1
D. E. Shaw Ventures1
Data Community Fund1
Emergent Ventures1
Fabric Ventures1
ForgePoint Capital1
Founders' Co-op1
FUSE1

Investment Strategy

First Rays Venture Partners: Led accounts for 33% and participating for 67% of round participation.All available history.
First Rays Venture Partners: Led accounts for 33% and participating for 67% of round participation. All available history
CategoryDeals (count)Share (%)
Led633%
Participating1267%
First Rays Venture Partners: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
First Rays Venture Partners: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead350%
Co-led350%

Team

Alok Nandan

Co-Founder & Managing Partner

Amit Sridharan

Co-Founder & Managing Partner

Jenny Sohn

Chief Financial Officer