Ray stands out as a highly respected figure in technology investment and a prolific serial entrepreneur, most notably as the founder of Extreme Venture Partners in 2007. His journey includes establishing numerous impactful companies, with Xtreme Labs reaching global recognition as the largest app developer at its peak in 2016. Ray’s entrepreneurial spirit extends to co-founding XMG Studios, a leading iOS video game developer during the mobile revolution, ThinkData Works, an innovative open data platform, and Hackergal, a vital organization promoting STEM education for women.
Ray’s foundation in business was solidified at the Richard Ivey School of Business, followed by a decade in the demanding environments of Bay Street and Wall Street in investment banking research. His expertise was consistently recognized, achieving the top ranking as a technology analyst for five out of eight eligible years in surveys by Greenwich and Brendan Woods International. His early focus on mobile and applications was evident in his role as Vice President, Mobile Internet Devices and Applications at Credit Suisse First Boston in 2001, showcasing his long-term vision in the tech sector.
Beyond his business achievements with Extreme Venture Partners and other ventures, Ray is deeply committed to community service. His philosophy of “business karma” drives his belief in giving back and balancing profit with social responsibility. He has contributed to the Ontario Judicial Council, served on the Board of Trustees of the Royal Ontario Museum, and advised both the Canadian and Ontario governments on open data strategies. Further demonstrating his forward-thinking approach, Ray co-authored a chapter on the impact of 5G on citizen services with the Government of Canada’s CIO and contributes to the Technical Advisory Committee of Duality Accelerator at the University of Chicago, reinforcing his position as a thought leader and innovator.
