How Much Did Rad Elec Raise?
Funding & Key Investors

Rad Elec has successfully secured a significant capital injection, marking a pivotal moment in its corporate trajectory. With a total cumulative backing of $102K, the firm continues to solidify its leadership in the specialized environmental monitoring sector. This latest infusion of $102K serves as a major strategic investment, enabling the company to scale its proprietary technology and expand its reach within the global radiation detection market.

What is Rad Elec?

Rad Elec
ManufacturingTest & Measurement EquipmentHealthcare Services

Rad Elec Inc. stands as a pioneer in the development, manufacturing, and marketing of the E-PERM System, which remains the only commercially available radon measurement solution utilizing Electret Ion Chamber technology. By providing a unified methodology for measuring Radon, Thoron, and various ionizing radiation types, the company offers a distinct value proposition: cost-effective, high-precision testing that eliminates the dependency on external laboratory services. With over 25 years of operational history, Rad Elec has successfully transitioned from a research-backed entity to a commercial powerhouse, supporting both residential and commercial clients through an integrated ecosystem of analytical tools, calibration services, and direct-to-consumer sales channels.

How much funding has Rad Elec raised?

Rad Elec has raised a total of $102K across 1 funding round:

2021

Debt

$102K

Debt (2021): $102K with participation from PPP

Key Investors in Rad Elec

PPP

Public-Private Partnership

What's next for Rad Elec?

The recent influx of capital positions Rad Elec to accelerate its late-stage growth objectives. By leveraging this financial runway, the company is expected to enhance its manufacturing capabilities and broaden its portfolio of ionizing radiation detection instruments. Strategic priorities likely include the expansion of its digital analytical platform and the pursuit of deeper market penetration in international territories where radon mitigation regulations are becoming increasingly stringent. As the firm moves forward, the focus will remain on maintaining its technological moat while scaling operations to meet the rising demand for reliable, self-service environmental safety solutions.

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Frequently Asked Questions Regarding Rad Elec Financial Insights

What are the most recent funding rounds that Rad Elec has completed, and what were the funding rounds?
Rad Elec has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Rad Elec has raised to date?
Rad Elec has raised a total of $102K in funding to date.
How many funding rounds has Rad Elec completed?
Rad Elec has completed 1 funding rounds.
How much funding did Rad Elec raise in its most recent funding round?
Rad Elec raised $102K in its most recent funding round.
Who are the lead investors in Rad Elec's latest funding round?
The lead investor in Rad Elec's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Rad Elec's history?
The largest funding round in Rad Elec's history was $102K.
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