Sumit Rai

Cancer Check Labs, CEO

  • Mr. Rai is a founder and serves as CEO and Chairman of Cancer Check Labs. Mr. Rai has been involved in the development of its technology since 2010. 

    The extraordinary increase in circulating tumor cell (CTC) capture capability utilized by Cancer Check Labs presents opportunities to realize previously inconceivable diagnostic and therapeutic applications in oncology and represents a disruptive breakthrough in cancer technology. 

    Mr. Rai is passionate about curing cancer because he lost his younger sister, his only sibling, to cancer and has served since 2012 as the President of CureSonia, a 501(c)(3) nonprofit organization. Cure Sonia battles cancer through funding research programs at leading centers such as Stanford, USC, MD Anderson, and the City of Hope, providing financial patient assistance to underprivileged families undergoing treatment, and supporting bone marrow drives by having run over 300 drives across 60 cities directly registering over10,000 donors across the country making it one of the largest global bone marrow registrars. Mr. Rai is also the President and founder of Save a Firefighter, another 501(c)(3) nonprofit organization that provides free cancer screening services to firefighters across the country because they suffer from up to 3x the incidence of cancer as compared to the normal population given the hazardous exposure they endure as firs responders to serve our community: shockingly, cancer represents 72% of line of duty death for firefighters. Mr. Rai was also nominated in 2022 for the National Board of Leukemia& Lymphoma Society (LLS) because of his contributions to combatting cancer.

    Mr. Rai previously was the founder, CEO, and Chairman of Mobclix, the leading real-time bidding (RTB) mobile advertising exchange that at the advent of thein-application (Apple App Store and Google Play Store) advertising market grew to over 15 Billion monthly mobile ad impressions, 180,000 publisher partners, and a $50 Million annual revenue run rate in under two years catalyzing the acquisitions by Velti and subsequently Telefonica (NYSE: TEF). 

    Mr. Rai has over twenty years of venture capital, private equity, and hedge fund experience at firms including Riverside Partners, Crosslink Capital, and American Industrial Acquisition Corporation. During that time, he has acquired and invested in dozens of companies. A select few include LSTAT (Life Support for Trauma and Transport, an ICU built into a smart stretcher) which was acquired from Northrop Grumman (NYSE: NOC), to save lives on the battlefield during the golden hour (the first 60 minutes from point of injury); MagmaDesign Automation, an electronic design automation software tool for deep sub-micron semiconductor development, that went public (NASD: LAVA) and was subsequently acquired by Synopsys (NASD: SNPS); and National Display Systems, a leader in flat panel surgical displays subsequently acquired by Novanta (NASD:NOVT). 

    Mr. Rai is an active angel investor and has been involved in startups throughout his career. He has served on several company Boards including Fastbite, a rapid, on-demand food delivery service acquired by Square (NASD:SQ); Muzik, a leading developer of smart wearable technology solutions; Braidio, a leading enterprise software platform to enable knowledge sharing in the workplace; and OpenSense, an innovative enterprise software company backed by Bloomberg that enhances email to become branded sales and marketing collateral. 

    Mr. Rai has been a judge and mentor for numerous business plan competitions including those held by Stanford Bases and the University of California at Berkeley; he has been featured as a guest lecturer for courses at the University of California at Berkeley and Boston College and has been featured as a speaker and panelist for various organizations including Ernst &Young, Asian Venture Capital Journal (AVCJ), Opal Financial Group, and TIE (The Indus Entrepreneurs) where he has served as a Charter Member. Mr. Rai holds a Bachelor of Science and Engineering degree in Electrical Engineering and Computer Science from the University of California at Berkeley, where he graduated early as a Regent Scholar.

  • Unlocking Longevity Begins with Early, Accurate Cancer Detection

  • To be announced