An I.T. entrepreneur, Ray has been instrumental in the success of a number of technology companies.
Ray built Raven Computing – a bespoke software house - in the early 1990’s. He then graduated into time and billing software with Coretime.com in the 1990’s before selling out to Sage plc.
Ray founded Hostelworld.com, his third company, in 1999. Hostelworld plc remains the go to site for booking hostels across the globe, generating billions in booking value for hostels in 150 countries. Ray sold the business in 2009, generating $500MM return for shareholders on just $150K invested.
Ray has also made a number of diverse investments in technology companies such as Storyful, Openback, Asavie and Whatclinic, acting as non-exec board member in each case.
As non-exec chairman of Skyscanner from 2010 – 2013, Ray was instrumental in that company’s growth from 60 person startup to world leader in price comparison for flights. Skyscanner was subsequently sold for $1.6BN.
He founded leading eCommerce company, xSellco in 2012. xSellco’s software suite helps online sellers deliver premium customer support across a diverse range of outlets including marketplaces like Amazon and eBay, social channels like Facebook and twitter, and from their own websites. Ray acted as CEO from 2017 – 2020 and is now non-exec chairman.
A keen sports fan, Ray also founded Ultimate Rugby, the world’s most popular rugby app with Irish rugby international Brian O’Driscoll.
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