About RAD Technologies
RAD Technologies is an Industrial Goods & Manufacturing company based in Thetford Mines (Canada) founded in 2007, and was acquired by GRYB in June 2022. RAD Technologies is engaged in manufacturing seasonal maintenance equipment. It operates on a Reseller / Distribution and B2B2C model. RAD Technologies has raised $973.69 thousand across 2 funding rounds from investors including GRYB and Cornerstone Capital Partners. Its chief executive, as recorded, is Guy Berard. RAD Technologies offers products and services including Winter Equipment and Landscaping Solutions. Its focus areas include Manufacturing, Industrial Equipment and Seasonal Maintenance Equipment. Its legal entity is RAD Technologies Inc.
Company details
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.
- Headquarters Thetford Mines, Canada
- Stage Acquired
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website radtech.ca/en
- Social LinkedIn Facebook
- Acquired by GRYB (Jun 2022)
- Legal Name Rad Technologies Inc.
Products & Services of RAD Technologies
RAD Technologies offers a comprehensive portfolio of products and services, including Winter Equipment and Landscaping Solutions.
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 $973,690
- Total Rounds 2
- Last Round Series A — $951,940
- First Round $21,750
(Feb 2022)
All 2 funding rounds of RAD Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $951,940 | Series A | – | – | – |
| Feb 2022 | $21,750 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in RAD Technologies
RAD Technologies has secured backing from 2 investors. Prominent investors backing the company include GRYB and Cornerstone Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Heavy equipment attachments are manufactured for various applications. | 2007 | gryb.ca | Victoriaville, Canada | |
Investment services are offered by Cornerstone Capital Partners. | cornerstonecappartners.com | New York, United States |
Investor details for RAD Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of RAD Technologies
2 people are tracked at RAD Technologies (2 in leadership).
| Name | Role | Group |
|---|---|---|
Guy Berard | President & CEO | Leadership |
Zohar Zisapel | Founder | Leadership |
Complete people profiles for RAD Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of RAD Technologies
5 dated milestones of RAD Technologies across 18 years, from founding to its latest funding, stage changes and deals.
- Exit Acquired by Cornerstone Capital Partners.
- Founded RAD Technologies is founded.
- Funding First funding round of $22K.
- Exit Acquired by GRYB.
- Funding Latest funding round, Series A, of $952K.
Web traffic of RAD Technologies
The website of RAD Technologies (radtech.ca) receives about 1.2K visits a month.
- Monthly visits1.2K
▼ 49.5% vs previous month
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Frequently Asked Questions about RAD Technologies
RAD Technologies was founded in 2007 and raised its 1st funding round 15 years after it was founded.
RAD Technologies is headquartered in Thetford Mines, Canada. It is registered at Thetford Mines, Quebec, Canada.
Guy Berard is the CEO of RAD Technologies, as recorded in our data.
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 2022.
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.
RAD Technologies offers Winter Equipment and Landscaping Solutions.
RAD Technologies has 2 investors. Key investors include GRYB, and Cornerstone Capital Partners.
RAD Technologies operates through Rad Technologies Inc..
Yes. RAD Technologies was acquired by GRYB in June 2022.