What is Day-Ray?
Headquartered in South Pasadena, California, Day-Ray operates as a specialized entity within the electronics industry. Despite a lean organizational structure of 10 to 19 employees, the company maintains a robust market presence, generating annual revenues between 10M and 25M. By focusing on high-value electronic components and systems, Day-Ray has carved out a sustainable niche, demonstrating consistent fiscal performance that appeals to institutional backers seeking stable, revenue-generating assets in the hardware technology space.
How much funding has Day-Ray raised?
Day-Ray has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Day-Ray
PPP
Public-Private Partnership
What's next for Day-Ray?
With the recent infusion of capital, Day-Ray is positioned to transition from its current operational scale toward broader market penetration. The strategic roadmap likely involves scaling production capabilities and optimizing supply chain efficiencies to leverage its existing revenue base. As the company navigates this late-stage development phase, management will likely prioritize R&D initiatives to maintain technological relevance, while simultaneously exploring potential market expansion opportunities to enhance its competitive moat in the electronics landscape.
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