Rafay Systemsrevenue & funding
Container Management SoftwareSunnyvale, CaliforniaFounded 2017CEO Hasseb Budhani
Rafay Systems is a Container Management Software company based in Sunnyvale, founded in 2017.
Rafay Systems revenue
Rafay Systems has not published its revenue. ZoomInfo puts it at about $25.1M a year (November 2024).
All 4 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $3.9M | – |
| Dec 2023 | $6.8MEST. | GetLatka estimate |
| Oct 2024 | $8.6MEST. | GetLatka estimate |
| Nov 2024 | $25.1MEST. | ZoomInfo estimate |
– source not recorded
Rafay Systems funding rounds & investors
Rafay Systems has raised $33M across two rounds since 2019. The latest was a $25M Series B in August 2021.
| Date | Round | Raised |
|---|---|---|
| Aug 2021 | Series B | $25M |
| Sep 2019 | Series A | $8M |
| Total raised | $33M |
Rafay Systems competitors
Rafay Systems competes most directly with OpenStack.
| Company | Revenue | Funding | Employees | Founded |
|---|---|---|---|---|
| Rafay Systems | $25.1M | $33M | 158 | 2017 |
 OpenStack | $18M | – | 158 | 2012 |
Rafay Systems CEO, founders & employees
Hasseb Budhani founded Rafay Systems in 2017 and runs it as CEO. Rafay Systems had 158 employees (December 2024, LinkedIn), up from 142 a year earlier.
- Hasseb BudhaniFounder & CEO
All 7 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 158 | |
| Oct 2024 | 142 | |
| Dec 2023 | 142 | |
| Dec 2022 | 154 | |
| Dec 2021 | 99 | |
| Aug 2021 | 57 | – |
| Apr 2021 | 47 | – |
Rafay Systems FAQ
What is Rafay Systems' revenue?
ZoomInfo estimates Rafay Systems' revenue at about $25.1M a year (November 2024). The company hasn't published its own figure.
How much funding has Rafay Systems raised?
Rafay Systems has raised $33M across two funding rounds. The latest was a $25M Series B in August 2021.
How many employees does Rafay Systems have?
Rafay Systems had 158 employees in December 2024, according to LinkedIn.
Who is the CEO of Rafay Systems?
Hasseb Budhani is the CEO of Rafay Systems and founded the company in 2017.
Who founded Rafay Systems?
Hasseb Budhani founded Rafay Systems in 2017.
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How this page is sourced
5 from public sources · 3 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Rafay Systems? Join the podcast