About RAD Technologies
RAD Technologies is a company based in Thetford Mines (Canada) founded in 2007 was acquired by GRYB in June 2022. It operates as a Reseller / Distribution, and B2B2C. RAD Technologies has raised $973.69 thousand across 2 funding rounds from investors including GRYB and Cornerstone Capital Partners. RAD Technologies offers products and services including Winter Equipment and Landscaping Solutions.
- Headquarter Thetford Mines, Canada
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Rad Technologies Inc.
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Products & Services of RAD Technologies
RAD Technologies offers a comprehensive portfolio of products and services, including Winter Equipment and Landscaping Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Equipment designed for winter maintenance is provided reliably.
Solutions for landscaping needs are offered with expertise.
Funding Insights of RAD Technologies
RAD Technologies has successfully raised a total of $973.69K across 2 strategic funding rounds. The most recent funding activity was a Series A round of $951.94 thousand completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $951,940
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First Round
First Round
(07 Feb 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series A - RAD Technologies | Valuation |
investors |
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| Feb, 2022 | Amount | Seed - RAD Technologies | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RAD Technologies
RAD Technologies has secured backing from 2 investors. Prominent investors backing the company include GRYB and Cornerstone Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Heavy equipment attachments are manufactured for various applications.
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Founded Year | Domain | Location | |
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Investment services are offered by Cornerstone Capital Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RAD Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RAD Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rad Technologies Comparisons
Competitors of RAD Technologies
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about RAD Technologies
When was RAD Technologies founded?
RAD Technologies was founded in 2007 and raised its 1st funding round 15 years after it was founded.
Where is RAD Technologies located?
RAD Technologies is headquartered in Thetford Mines, Canada. It is registered at Thetford Mines, Quebec, Canada.
Who is the current CEO of RAD Technologies?
Guy Berard is the current CEO of RAD Technologies.
Is RAD Technologies a funded company?
RAD Technologies is a funded company, having raised a total of $973.69K across 2 funding rounds to date. The company's 1st funding round was a Seed of $21.75K, raised on Feb 07, 2022.
What does RAD Technologies do?
RAD Technologies is involved in the design and manufacture of winter equipment and landscaping solutions. The company serves major OEMs and independent dealers with a focus on seasonal maintenance needs. Innovative technologies are adapted to meet market demands, ensuring performance and durability through rigorous testing. Operations are primarily centered in the industrial equipment sector, with a commitment to high standards for OEM customers.
What products or services does RAD Technologies offer?
RAD Technologies offers Winter Equipment and Landscaping Solutions.
Who are RAD Technologies's investors?
RAD Technologies has 2 investors. Key investors include GRYB, and Cornerstone Capital Partners.