Fundraising FoxRadius Networks
Washington, US · Founded 2011 · Delaware corporation · 2 known investors
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Radius Networks builds an AI-powered location platform for businesses, using precise trip and arrival calculations to improve service speed and sales. Its technology is used by brands across retail, restaurant, and pickup operations to coordinate customers and staff and increase order value.
Founders & leadership
Radius Networks was founded in 2011 by Scott Smith and Marc Wallace.
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Scott SmithCo-founder, CEO2011–2012Scott Smith is an executive at Radius Networks, which builds an AI-powered location platform used by retail, restaurant, and pickup businesses to optimize customer and staff coordination. He brings experience from prior technology startups.
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Marc WallaceCo-Founder & CEOMarc Wallace co-founded and leads Radius Networks, an AI-powered location platform for retail, restaurant, and hospitality businesses. He previously co-founded District Taco and SwapDrive (acquired by Symantec in 2008), and worked as a mechanical engineer and manager at Orbital Sciences Corporation; he holds degrees from Cornell University and George Washington University.
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Stillman BradishNamed on SEC filing
Board
TD
Timothy DonahueBoard director
DS
David SteinbergBoard director
Investors · 2
AAF Management Ltd.listed by AAF Management Ltd.Washington
How we know: AAF Management Ltd.'s portfolio page · the VCSheet dataset · Not right? Tell us
Contour Venture Partnerslisted by Contour Venture PartnersNew York · $500K – $2M
How we know: Contour Venture Partners's portfolio page · the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$32.4M disclosed across 10 rounds · 2012–2023
▶$280KraisedJan 2024 · 5 investors · Other TechnologyRule 506(b)
▶$280KraisedJan 2024 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Stillman BradishDirector, Promoter
- David SteinbergDirector
- Marc WallaceExecutive Officer, Director, Promoter
- Scott SmithExecutive Officer, Director, Promoter
- Timothy DonahueDirector
- Joseph GrajewskiExecutive Officer
- Offering amount
- $5M
- Amount sold
- $280K
- Minimum investment
- $5K
- First sale
- Dec 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.2MraisedJan 2021 · 33 investors · Other TechnologyRule 506(b)
▶$5.2MraisedJan 2021 · 33 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Timothy DonahueDirector
- David SteinbergDirector
- Marc WallaceExecutive Officer, Director, Promoter
- Joseph GrajewskiExecutive Officer
- Stillman BradishDirector, Promoter
- Scott SmithExecutive Officer, Director, Promoter
- Offering amount
- $10M
- Amount sold
- $5.2M
- Minimum investment
- $5K
- First sale
- Dec 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$11.2MraisedAug 2019 · 62 investors · Other TechnologyRule 506(b)
▶$11.2MraisedAug 2019 · 62 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- David SteinbergDirector
- Stillman BradishDirector, Promoter
- Joseph GrajewskiExecutive Officer
- Scott SmithExecutive Officer, Director, Promoter
- Timothy DonahueDirector
- Marc WallaceExecutive Officer, Director, Promoter
- Offering amount
- $18.7M
- Amount sold
- $11.2M
- Minimum investment
- $5K
- First sale
- Jul 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$520KraisedApr 2018 · 6 investors · Other TechnologyRule 506(b)
▶$520KraisedApr 2018 · 6 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Joseph GrajewskiExecutive Officer
- Stillman BradishDirector, Promoter
- Timothy DonahueDirector
- Marc WallaceExecutive Officer, Director, Promoter
- Scott SmithExecutive Officer, Director, Promoter
- David SteinbergDirector
- Offering amount
- $5M
- Amount sold
- $520K
- Minimum investment
- $10K
- First sale
- Mar 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$255KraisedSep 2016 · 3 investors · Other TechnologyRule 506(b)
▶$255KraisedSep 2016 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Stillman BradishDirector, Promoter
- Timothy DonahueDirector
- Joseph GrajewskiExecutive Officer
- Scott SmithExecutive Officer, Director, Promoter
- Marc WallaceExecutive Officer, Director, Promoter
- David SteinbergDirector
- Offering amount
- $2M
- Amount sold
- $255K
- Minimum investment
- $10K
- First sale
- Sep 2016
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
▶$2.1MraisedSep 2015 · 21 investors · Other TechnologyRule 506(b)
▶$2.1MraisedSep 2015 · 21 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Marc WallaceExecutive Officer, Director, Promoter
- David SteinbergDirector
- Timothy DonahueDirector
- Scott SmithExecutive Officer, Director, Promoter
- Joseph GrajewskiExecutive Officer
- Stillman BradishDirector, Promoter
- Offering amount
- $3M
- Amount sold
- $2.1M
- Minimum investment
- $5K
- First sale
- Aug 2015
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
▶$6.5MraisedJan 2015 · 32 investors · Other TechnologyRule 506(b)
▶$6.5MraisedJan 2015 · 32 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Stillman BradishDirector, Promoter
- Scott SmithExecutive Officer, Director, Promoter
- Timothy DonahueDirector
- Marc WallaceExecutive Officer, Director, Promoter
- Joseph GrajewskiExecutive Officer
- David SteinbergDirector
- Offering amount
- $6.7M
- Amount sold
- $6.5M
- Minimum investment
- $11.9K
- Proceeds to insiders
- $25K
- First sale
- Jan 2015
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
▶$4.5MraisedApr 2014 · 11 investors · Other TechnologyRule 506(b)
▶$4.5MraisedApr 2014 · 11 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- David SteinbergDirector
- Stillman BradishDirector
- Marc R WallaceExecutive Officer, Director
- Scott SmithExecutive Officer, Director
- Timothy DonahueDirector
- Offering amount
- $6M
- Amount sold
- $4.5M
- Minimum investment
- $5K
- Proceeds to insiders
- $50K
- First sale
- Apr 2014
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Radius Networks do?
- Radius Networks builds an AI-powered location platform for businesses, using precise trip and arrival calculations to improve service speed and sales. Its technology is used by brands across retail, restaurant, and pickup operations to coordinate customers and staff and increase order value.
- Who founded Radius Networks?
- Radius Networks was founded by Scott Smith, Marc Wallace in 2011.
- Who are Radius Networks's investors?
- Radius Networks's investors include AAF Management Ltd., Contour Venture Partners.
- How much funding has Radius Networks raised?
- Radius Networks has disclosed $32.4M raised across 10 rounds.
- Where is Radius Networks headquartered?
- Radius Networks is headquartered in Washington, US.