Rafay Systems revenue hit $6.8M in 2024

Rafay Systems generates revenue from customers

Rafay Systems

Sunnyvale, California, United States

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How Rafay Systems hit $6.8M revenue with a 142 person team in 2023.

Developer of turnkey SaaS platform designed to automates ongoing operations and lifecycle management for containerized applications. The company's platform reduces the complexity that operations and development teams face when deploying and operating containerized apps across multiple clusters deployed in multiple regions in public cloud, or in hybrid environments, enabling developers and operations teams to focus on building applications instead of writing and maintaining complex infrastructure code.

Founded

2017

Founded

Revenue

$6.8M

2023 Revenue

YOY

35.8%

YOY

Funding

$33M

Funding

Rafay Systems Revenue

In 2023, Rafay Systems revenue run rate hit $6.8M in revenue.

  • 2023

    Rafay Systems hit $6.8M in revenue in 2023

  • 2021

    Rafay Systems hit $3.9M in revenue in 2021

  • 2017

    Rafay Systems launched in 2017 with $0 revenue

Rafay Systems Funding History

  • 2021 Series B

    Rafay Systems raised a Series B of in August, 2021

  • 2019 Series A

    Rafay Systems raised a Series A of in September, 2019

FUNDING DATE ROUND AMOUNT VALUATION
August, 31 2021 Series B
September, 13 2019 Series A

Team

Rafay Systems has 142 total employees and 4 sales reps that carry a quota. an engineering team of 40 and a marketing team of 1.

DISTRIBUTION QTY
Total team size 142
Engineer 40 (28%)
Sales 4 (3%)
Marketing 1 (1%)

Founder / CEO

Hasseb Budhani

Haseeb Budhani is the CEO and co-founder of Rafay Systems, which he co-founded in October of 2016. Prior to Rafay, Haseeb spent at a year at Akamai Technologies as the company's Vice President of Enterprise Strategy. Akamai acquired Haseeb's previous company, Soha Systems, in October 2016. Haseeb co-founded Soha in the second half of 2013and served as the company's CEO. Prior to Soha, Haseeb served as the Chief Product Officer for Infineta Systems, where he was responsible for overseeing all aspects of the company's product marketing, marketing communications and partner management activities. Prior to Infineta, Haseeb served as Vice President for NET's Broadband Technology Group, spearheading the group's product marketing, program management and business development functions. Previously, Haseeb held senior product management, marketing and engineering roles at Personal IT, Citrix Systems, Orbital Data, IP Infusion and Oblix. Haseeb holds an MBA from UC Berkeley’s Haas School of Business and a B.S. in Computer Science from the University of Southern California.

Q&A

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Customers

Churn

Rafay Systems Executives

Name Position Working Email Personal Email
Hasseb Budhani CEO [email protected] -

Rafay Systems Employees

Name Position Working Email Personal Email
Hasseb Budhani CEO [email protected] -

Frequently Asked Questions about Rafay Systems

  • When was Rafay Systems founded?

    Rafay Systems was founded in 2017.

  • How much revenue does Rafay Systems generate?

    Rafay Systems generates $6.8M in revenue.

  • Who is the CEO of Rafay Systems

    The CEO of Rafay Systems is Hasseb Budhani.

  • How much funding does Rafay Systems have?

    Rafay Systems raised $33M.

  • How many employees does Rafay Systems have?

    Rafay Systems has 142 employees.

  • Where is Rafay Systems headquarters?

    Rafay Systems is headquartered at Sunnyvale, California, United States

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