How Much Did Radiation Detection Raise?
Funding & Key Investors

Radiation Detection has successfully secured a significant capital injection, bringing its $350K to a new milestone. This latest $350K represents a major strategic investment, underscoring the firm's enduring relevance in the critical infrastructure and safety compliance sectors. By leveraging this influx of liquidity, the company aims to solidify its market leadership as it continues to provide essential dosimetry solutions to a diverse industrial client base.

The recent financing round, finalized on 2020-04-14, serves as a testament to the company's operational resilience and its ability to maintain high customer satisfaction metrics, evidenced by an NPS rating exceeding 70. This infusion of resources positions the organization to further scale its monitoring capabilities and expand its footprint within the highly regulated radiation safety market.

What is Radiation Detection?

Radiation Detection
Business ServicesResearch & Development

Founded in 1949, Radiation Detection has evolved from a Silicon Valley pioneer into a premier provider of radiation monitoring and compliance services. Now headquartered in Georgetown, Texas, the company specializes in delivering reliable dosimetry solutions that ensure workplace safety and regulatory adherence. With nearly seven decades of industry experience, the firm has established a reputation for operational excellence, serving as a trusted partner for organizations requiring rigorous radiation safety programs. Their business model centers on providing prompt, convenient, and cost-effective compliance services, which has allowed them to maintain a dominant position in the dosimetry market.

How much funding has Radiation Detection raised?

Radiation Detection has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Radiation Detection

PPP

Public-Private Partnership

What's next for Radiation Detection?

With the successful acquisition of this late-stage capital, Radiation Detection is well-positioned to accelerate its strategic growth initiatives. The company is expected to focus on enhancing its technological infrastructure to meet the increasing demand for sophisticated radiation safety monitoring. By capitalizing on its move to a business-friendly environment in Texas, the firm will likely prioritize the acquisition of top-tier talent to support its expanding service portfolio. Furthermore, the management team is anticipated to leverage this financial backing to deepen its market penetration, ensuring that its world-class dosimetry services remain the industry standard for safety and compliance. The focus remains on maintaining the high level of trust that has defined the company's long-standing history while scaling operations to meet the evolving needs of its global customer base.

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Frequently Asked Questions Regarding Radiation Detection Financial Insights

What are the most recent funding rounds that Radiation Detection has completed, and what were the funding rounds?
Radiation Detection has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Radiation Detection has raised to date?
Radiation Detection has raised a total of $350K in funding to date.
How many funding rounds has Radiation Detection completed?
Radiation Detection has completed 1 funding rounds.
How much funding did Radiation Detection raise in its most recent funding round?
Radiation Detection raised $350K in its most recent funding round.
Who are the lead investors in Radiation Detection's latest funding round?
The lead investor in Radiation Detection'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 Radiation Detection's history?
The largest funding round in Radiation Detection's history was $350K.
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