GrowRay

What GrowRay does

GrowRay is a Boulder, Colorado-based for-profit company founded in 2013 that develops LED-based horticultural lighting technology for controlled environment agriculture. Its core offering is described as a science-based system engineered to deliver full-spectrum, uniform light intensity across the entire plant canopy, addressing a known limitation of conventional grow lights that produce uneven spectral coverage and hotspots. The technology is positioned for the indoor farming, greenhouse, and vertical agriculture segments where canopy-level light uniformity directly correlates with crop yield and quality.

The company operates at a very small scale, with reported headcount in the 1–10 range, and operates as a privately held entity. In February 2020, GrowRay closed a $1.5 million funding round with Sente Ventures listed as an investor, representing the only disclosed capital event in the input dataset. Co-founder Ivan Kruglak is identified as a founder-level leader.

The company's website (growray.com) was unreachable for substantive review at the time of data aggregation — the source page resolved only to a loader/verification screen — and consequently pricing, distribution channels, customer lists, partnerships, certifications, intellectual property filings, and detailed product specifications were not available. Revenue model, GTM motion, customer segmentation, and unit economics are similarly undocumented in the available inputs. The picture that emerges is of a lean, early-stage hardware vendor focused on a specialized optical engineering problem in the CEA lighting niche, with limited capital and minimal public commercial traction as of the most recent disclosed signals.

Name

GrowRay

Website

https://growray.com

Company type

Private

Founded year

2013

Headcount range

1–10 employees

Short description

GrowRay is a Boulder, Colorado-based horticultural lighting company founded in 2013 that builds science-based LED technology delivering full-spectrum, uniform light intensity across plant canopies for indoor farming and greenhouse operators.

Ownership category

akta.pro rank

Product category

Horticulture Lighting

NAICS

Electric Lamp Bulb and Other Lighting Equipment Manufacturing (335139), Electric Lighting Equipment Manufacturing (33513)

SIC

Electric Lighting & Wiring Equipment (3640), Farm Machinery & Equipment (3523)

akta.pro primary industry

Controlled Environment Lighting (LED Grow Lights, Controls) (AFAAAHAC)

Keywords

• LED grow lights
• Horticulture lighting
• Indoor farming
• Full spectrum LEDs
• Plant canopy lighting

Headquarters

HQ city

Boulder

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Core offering

GrowRay develops and sells science-based LED grow-light fixtures for horticulture. Its technology delivers a full spectrum and uniform light intensity across the entire plant canopy, aimed at commercial indoor farms and greenhouse operators seeking even, full-spectrum illumination.

Differentiator

Problem solved

Functional benefit

Products and services

• GrowRay LED Grow Lights

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Direct peers

• LumiGrow: LumiGrow is a California-based LED horticultural lighting company serving greenhouse and indoor cultivators with smart, spectrum-tunable fixtures — directly comparable in product technology and target customer segments to GrowRay.
• Heliospectra: Swedish-listed Heliospectra designs and sells full-spectrum LED grow lights with adjustable spectra for greenhouse and research applications — a comparable technology and business model to GrowRay's canopy-uniformity focus.
• Fluence by OSRAM: Fluence (acquired by OSRAM, now part of Signify) is one of the largest LED horticultural lighting companies globally, serving cannabis and vegetable growers with full-spectrum LED fixtures — directly comparable to GrowRay's product category and target market.
• Valoya: Finnish company Valoya manufactures wide-spectrum LED grow lights for research, greenhouses, and vertical farming — directly comparable technology, including spectrum customization similar to GrowRay's stated capabilities.
• Illumitex: Illumitex is a Texas-based LED horticultural lighting company offering full-spectrum fixtures for greenhouses and vertical farms — directly comparable in product technology and target customer segments to GrowRay.
• California LightWorks: California LightWorks manufactures full-spectrum LED grow lights for indoor and greenhouse cultivation, primarily serving cannabis and hobbyist markets — directly comparable to GrowRay's product line and customer profile.
• Gavita: Gavita is a long-established horticultural lighting company (HID and LED) serving commercial greenhouse and indoor cultivation markets — a direct competitor in CEA lighting with overlapping customer profiles to GrowRay.

Emerging players

• Apogee Instruments: Apogee Instruments makes PAR and quantum sensors used in horticulture and research; while not a direct fixture competitor, it serves the same CEA grower customer base with measurement products adjacent to GrowRay's lighting value proposition.

Broad incumbents

• Signify (Philips Lighting): Signify (Philips) is the global lighting leader with a large horticultural lighting portfolio (including Fluence) serving commercial greenhouses worldwide — a broad incumbent operating in GrowRay's category at materially larger scale.
• Current (formerly GE Current): GE Current is a large-scale commercial lighting and IoT company with horticultural and greenhouse lighting solutions — a broad incumbent operating in GrowRay's category with significantly greater resources and distribution.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GrowRay