Radix, a Scottsdale, AZ-based SaaS real-time multifamily data company, raised $11 million in Series A funding.
The investment round was led by Level Equity, a New York and San Francisco-based private investment firm.
The funding will enable the company to grow even more rapidly and invest in new platforms to solve complex industry challenges.
Company: RADIX, INC.
Raised: $11.0M
Round: Series A
Funding Month: April 2022
Lead Investors: Level Equity
Additional Investors:
Company Website: https://www.radix.com/
Software Category: Multifamily Analytics
About the Company: Founded in 2015 and headquartered in Scottsdale, AZ, Radix is a SaaS company born out of necessity and frustration with the lack of options available to get better, more accurate multifamily data in real-time. With a strong conviction to build a platform tailored for the multifamily industry and with a vision to change the industry by providing better data and insights, Radix has become the leader in market comp and performance benchmarking. Radix is currently utilized by over 200 of the top multifamily owners and operators including Greystar, Fairfield, Bozzuto, and Lincoln Property Company.
Source: https://www.radix.com/news/radix-closes-11-million-series-a-funding-to-accelerate-growth/