What is RadPad?
RadPad operates as a comprehensive platform designed to streamline the process of finding and listing residential properties. For individuals seeking their next apartment or home, RadPad offers a user-friendly interface to discover rental opportunities. Concurrently, it provides homeowners and landlords with robust tools to advertise their current properties for rent or sale, thereby facilitating efficient property transactions. The company aims to bridge the gap between property seekers and owners, making the housing search and listing experience more accessible and effective.
How much funding has RadPad raised?
RadPad has raised a total of $16M across 5 funding rounds:
Angel/Seed
$800K
Multiple Rounds
$6.2M
Series A
$9M
Angel/Seed (2013): $800K with participation from Deep Fork Capital
Debt (2014): $3.2M, investors not publicly disclosed
Angel/Seed (2014): $1M supported by Post Investments and Deep Fork Capital
Unspecified (2014): $2M featuring Social Leverage LLC and SGVC
Series A (2015): $9M backed by Altpoint Ventures and Goldcrest Capital
Key Investors in RadPad
Altpoint Ventures
Altpoint Capital is an investment management firm specializing in communication, internet, fintech, consumer, blockchain/cryptocurrencies, and media technology sectors, founded in 2009 and headquartered in Greenwich, Connecticut.
Goldcrest Capital
Goldcrest Capital operates in the Lending & Brokerage industry, employing between 5 to 9 people and generating revenue between $1M to $5M.
Social Leverage LLC
Social Leverage is a partnership that invests in exceptional entrepreneurs in the technology space, offering entrepreneurial expertise, relationships, and marketing experience to its portfolio companies.
What's next for RadPad?
With its recent major strategic investment, RadPad is poised for accelerated growth and market penetration. The company's progression through various funding stages, culminating in a Series A round, suggests a transition into a scaling phase. This capital infusion is expected to fuel product development, enhance marketing efforts, and potentially expand its service offerings. RadPad's focus on simplifying the rental and sales market positions it to capitalize on the ongoing digital transformation within the real estate industry, aiming to become a dominant player in property technology.
See full RadPad company page
