Raydiant Raises $30 Million in Series B  

by Kay Aloha Villamor in February 22nd, 2022

Raydiant, a San Francisco, CA-based leading in-location experience management platform for brick-and-mortar enterprises, announced that it raised a $30 million Series B funding.

The round was led by 8VC and Atomic Ventures, with participation from Lerer Hippeau, Gaingels, Mark Wahlberg, Illuminate Ventures, and XRC. 

The funds will be used to continue innovating the company's product offerings through strategic acquisitions, as well as hire key team members to execute Raydiant's go-to-market strategy as the company moves up-market.

Company: Raydiant, Inc.

Raised: $30.0M

Round: Series B

Funding Month: February 2022

Lead Investors: 8VC and Atomic Ventures

Additional Investors: Lerer Hippeau, Gaingels, Mark Wahlberg, Illuminate Ventures, and XRC

Company Website: https://www.raydiant.com/

Software Category: AI-powered experience management platform

About the Company: Raydiant is the AI-powered, in-location experience management platform of choice for the world's largest brands in retail, e-commerce, restaurants, and more. With Raydiant, business and franchise managers, IT and Communications executives can more effectively scale their operations, reduce anxiety from outdated technology oversight, and seamlessly create more engaging and personalized in-store experiences that keep customers coming back and buying more. Raydiant works with nearly 4,500 brands, from SMB to enterprise, including First Bank, Dickey's BBQ, Harvard University, The Salvation Army, Red Bull, Chick-Fil-A, Thomson Reuters, and Wahlburgers. Founded in April 2017, Raydiant is headquartered in San Francisco, California.

Source: https://www.prnewswire.com/news-releases/raydiant-raises-30m-series-b-to-reimagine-in-store-experiences-for-brick-and-mortars-301483623.html



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