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Tim Ray

Co-founder, VeriFast

Proptech

Tim Ray is a co-founder of VeriFast, the Toronto company that verifies renters' and borrowers' identity and income from their bank data. Ray led the company's pre-seed round in the fall of 2020, joined as a co-founder and became CEO in October 2021. Earlier ventures include the airline booking startup CHIRP and Carnivore Club.

Tim hasn’t spoken on a TechTO, TechVancouver or TechWaterloo stage. This profile is here because Tim co-founded VeriFast.

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Quick answers

Did Tim Ray found VeriFast?

Ray is a co-founder who joined after the start. BetaKit reported on 2022-09-19 that Craig Schoen and Chad Guziewicz founded the company in 2019, and that Ray, who led its pre-seed round in fall 2020, became CEO in October 2021 and joined as a co-founder.

What drew Ray to the company?

BetaKit reported on 2022-09-19 that Ray cited personal experience as, in Ray's words, a very unsuccessful landlord, and saw potential in the company's approach to tenant screening.

What did Ray do before VeriFast?

BetaKit reported on 2022-09-19 that Ray is a repeat entrepreneur whose ventures include airline booking startup CHIRP and Carnivore Club, which was bought by BattlBox and later Emerge Commerce.

Is Ray still involved with the company?

Business Intelligence Group's Winners' Circle podcast, published 2026-05-04, introduced Ray as co-founder and CEO of Verifast, focused on renter verification for the U.S. multifamily housing market.

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Maintained by TechTO · facts sourced and dated · last reviewed Sep 24, 2026