What is Radius?
Radius, established in 1990, provides a comprehensive suite of business solutions including fuel cards, telematics, vehicle leasing, EV charge points, and telecoms. The company is trusted globally by small and medium-sized enterprises (SMEs) to enhance their productivity and facilitate growth. Its broad service offering positions it as a key player in the business services sector, catering to diverse operational needs.
How much funding has Radius raised?
Radius has raised a total of $132.8M across 5 funding rounds:
Series A
$2.8M
Private Equity
$12.4M
Series B
$13M
Series C
$54.7M
Series D
$50M
Series A (2008): $2.8M with participation from BlueRun Ventures
Private Equity (2013): $12.4M led by Western Technology Investment, American Express, BlueRun Ventures, and Comcast Ventures
Series B (2014): $13M supported by BlueRun Ventures and Formation8 Partners
Series C (2014): $54.7M featuring Western Technology Investments, Founders Fund, BlueRun Ventures, Formation 8 Partners, Glynn Capital, and Slow Ventures
Series D (2015): $50M backed by Founders Fund, AME Cloud Ventures, Formation8, Glynn Capital, and Blue Run Ventures
Key Investors in Radius
Western Technology Investment
Western Technology Investment (WTI) specializes in providing venture debt to assist startups in financing their growth while minimizing shareholder dilution. Since its inception in 1980, WTI has supported over 1,400 companies across various innovation sectors, demonstrating a long history of capital provision through diverse economic cycles.
American Express
American Express operates as a global financial services organization specializing in payment solutions and travel services for both consumers and businesses. The company has built its operations around a comprehensive ecosystem of charge and credit card products designed to meet diverse spending and financial management needs across multiple customer segments and industries.
Comcast Ventures
Comcast Ventures, founded in 1999, is the venture capital affiliate of Comcast Corporation. Based in North America with offices in San Francisco, New York, Philadelphia, and Los Angeles, the firm focuses on investing in consumer, enterprise, and frontier technology companies.
What's next for Radius?
The company's consistent access to significant capital, including major strategic investments, indicates a strong market position and a clear path for scaling its operations. Future endeavors will likely focus on expanding its service portfolio, enhancing its technological infrastructure, and further penetrating global markets. This sustained financial backing suggests a strategic focus on innovation and market leadership within the business solutions and fleet management industries.
See full Radius company page
