Raydiant Raises $30M in Series B Funding

Raydiant, a San Francisco, CA-based in-location experience management platform provider, raised $30M in Series B funding.

The round was led by 8VC and Atomic Ventures, with participation from Lerer Hippeau, Gaingels, Mark Wahlberg, Haveli, Illuminate Ventures, and XRC.

The company intends to use the funds to continue innovating the company’s product offerings through strategic acquisitions, as well as hire key team members to execute go-to market strategy as the company moves up-market.

Led by CEO Bobby Marhamat, Raydiant is an AI-powered, in-location experience management platform for large brands in retail, e-commerce, restaurants, and more. With Raydiant, business and franchise managers, IT and Communications executives can scale their operations, and create more engaging and personalized in-store experiences that keeps customers coming back and buying more.

Raydiant works with nearly 4,500 brands, from SMB to enterprise, including First Bank, Dickey’s BBQ, Harvard University, The Salvation Army, Red Bull, Chick-Fil-A, Thomson Reuters, and Wahlburgers.

FinSMEs

17/02/2022