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Ray Xi

Managing Director, Double Impact at Bain Capital

Greater Philadelphia

Overview 

Ray Xi is the Managing Director of Double Impact at Bain Capital, with a background in private equity at various levels within the organization. He serves on the Board of Directors for multiple companies and has a strong focus on investing in sectors like Insurance, Real Estate/PropTech, FinTech, and Web3/Crypto. Ray Xi has had a successful career progression at Bain Capital, holding positions from Associate to Managing Director, and is actively involved in various organizations as a member of their Board of Directors. His investment focus includes Series B, Series A, and Seed stages in sectors like Insurance, Real Estate/PropTech, FinTech, and Web3/Crypto.

Work Experience 

  • Managing Director, Double Impact

    2024 - Current

  • Principal, Double Impact

    2021 - 2023

  • Vice President, Double Impact

    2017 - 2021

  • Associate, Private Equity

    2014 - 2017

Bain Capital is an alternative investment firm specializing in private equity, venture capital, and credit products.

  • Board of Directors

    2024

SaaS intervention platform for K12 institutions

Raised $1,430,000.00 from Bain Capital Double Impact Fund.

  • Board of Directors

    2021

  • Board of Directors

    2021

ConvenientMD offers convenient access to high-quality medical care, at the most affordable rates around.

Raised $6,833,334.00 from Bain Capital Double Impact Fund.

  • Board of Directors

    2020

Project Bread takes an innovative approach to ending hunger, especially among school children

  • Board of Directors

    2020 - 2024

TeachTown develops computer aided instruction and new media products such as autism software and video modeling-based programs.

Raised $5,572,464.00 from Bain Capital Double Impact Fund.

  • Board of Directors

    2020 - 2023

Sparq is a software engineering company that designs, builds, deploys, and supports digital applications, products, and experiences.

  • Board of Directors

    2021 - 2021

PresenceLearning makes live, online special education related services available to K-12 students.

Raised $414,156,092.00 from Catamount Ventures, Bain Capital Double Impact Fund, Catalyst Investors and New Markets Venture Partners.

  • Investment Banking Analyst

    2011 - 2014

    New York, NY - Transportation Group

Morgan Stanley Venture Partners is a private equity firm that invests in high-growth companies in the technology and healthcare industries.

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