# Raditaz

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/raditaz

- Industry: Software
- Headquarters: Glastonbury, US
- Website: www.raditaz.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Mar 8, 2012)
- Investors on record: 1

## About

Raditaz is a technology company focused on delivering innovative software solutions that enhance operational efficiency across various industries, including healthcare, finance, and logistics.Raditaz was founded in 2009 and is headquartered in Glastonbury, US. The company specializes in advanced software applications designed to streamline processes for businesses. In January 2014, Raditaz raised USD 4.08 million through its initial public offering, marking a significant moment in its growth. The firm has completed 5 deals to date, with its latest funding round being a Venture Debt of USD 2.06 mn. The founder's previous entrepreneurial activities are not detailed in the available information.Raditaz provides advanced software applications aimed at improving operational efficiency across sectors such as healthcare, finance, and logistics. Their products address critical challenges like data management and workflow optimization, focusing on the needs of mid-sized and large enterprises in North America and Europe. The company's applications have been well-received since launch and are supported by training and consultation services.In 2017, Raditaz reported a revenue of USD 292 mn, with an EBITDA of USD -1,496,406. The company's revenue model is centered around a subscription-based approach, allowing clients to access a tiered suite of software applications, ensuring flexibility and scalability for different organizational needs.Looking ahead, Raditaz aims to expand its product line with the development of new software solutions tailored for emerging market needs. The company is also targeting geographic expansion into Asia and additional European markets by 2025. The recent funding from their 2014 deal will support these initiatives, enhancing product development and market entry strategies to strengthen their competitive position.

## Funding rounds

- Seed, Mar 8, 2012, $0.1M — Connecticut Innovations

## Investors

- Connecticut Innovations (https://capitalatlas.ai/funds/connecticut-innovations) — Seed