Tech Company Financing Transactions

Radar Labs Funding Round

Radar Labs closed a $55 million Series C investment round on 2/21/2022. Investors included Insight Venture Partners, Accel Partners and Heavybit.

Transaction Overview

Company Name
Announced On
2/21/2022
Transaction Type
Venture Equity
Amount
$55,000,000
Round
Series C
Investors

Insight Venture Partners (Lead Investor) (Matthew Gatto)

Accel Partners (Vas Natarajan)

Heavybit

Two Sigma Ventures

Proceeds Purpose
New capital will be used to rapidly scale and extend Radar's market lead through expansion of existing and new building blocks for the platform, growth of the Radar team, and increased impact in key verticals, such as retail, quick-service restaurants, logistics, travel, hospitality and entertainment.

Company Information

Company Status
Private & Independent
Industry
Mobile
Mailing Address
20 Jay St.
Brooklyn, NY 11201
USA
Website
Email Address
Overview
Radar is the location context platform. Our mission is to make every app on every device contextually aware. The company was founded in 2016 by Nick Patrick and Coby Berman, two ex-Foursquare colleagues with years of experience building and selling location-based products and services.
Profile
Radar Labs LinkedIn Company Profile
Social Media
Radar Labs Company Twitter Account
Company News
Radar Labs News
Facebook
Radar Labs on Facebook
YouTube
Radar Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nick Patrick
  Nick Patrick LinkedIn Profile  Nick Patrick Twitter Account  Nick Patrick News  Nick Patrick on Facebook
Chief Operating Officer
Coby Berman
  Coby Berman LinkedIn Profile  Coby Berman Twitter Account  Coby Berman News  Coby Berman on Facebook
Chief Technical Officer
Timothy Julien
  Timothy Julien LinkedIn Profile  Timothy Julien Twitter Account  Timothy Julien News  Timothy Julien on Facebook


 

 

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Prev: 2/21/2022: Revere CRE venture capital transaction
Next: 2/21/2022: ElasticRun venture capital transaction

 

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About Database of VC Transactions

We do our best to document every notable VC transaction. VC investment data records on this site are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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