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Radian has raised $28.0M across 1 funding round.
Key people at Radian.
Radian has raised $28.0M in total across 1 funding round.
Radian Group provides private mortgage insurance and essential real estate services. The company facilitates homeownership by offering credit risk management solutions to lenders, enabling individuals to secure homes with smaller down payments. It aggregates and distributes mortgage credit risk, promoting stability within the housing finance ecosystem.
Radian Group Inc. formally incorporated in June 1991 as CMAC Investment Corporation, led by a founding team including John T. Gurash. This entity built upon Commonwealth Mortgage Assurance Company (CMAC), established in 1977. The core insight was transforming mortgage risk into expanded homeownership opportunities.
The company primarily serves financial institutions and mortgage lenders, supporting homebuyers across the United States. Radian's vision positions it as a vital catalyst for homeownership, continually developing services and technologies that streamline and secure the mortgage process. It remains dedicated to advancing accessible homeownership.
Key people at Radian.
Radian has raised $28.0M in total across 1 funding round.
Radian's investors include Brett J. Rome, Afore Capital, AgFunder, Exor N.V., Explorer 1 Fund, Gaingels, Helios Capital, SpaceFund, The Private Shares Fund, The Venture Collective, Type One Ventures.
Radian Research, Inc. is a privately held technology company specializing in advanced power and energy measurement instruments for the electric utility industry.[1] Founded in 1982, it develops high-accuracy watt-hour reference standards, automated meter test boards (e.g., WECO 4000 and 8000 series), meter farms for AMI testing, and meter test data management software through its WECO Software Solutions unit, serving electric utilities worldwide with solutions for meter testing, data automation, and communications validation.[1]
The company solves critical challenges in metering accuracy and stability for electronic revenue billing meters, offering products that combine precision, high current capacity (up to 330 amps), and versatility.[1] Growth momentum includes key expansions: acquiring WECO in 2011 to become the largest U.S. provider of meter test software; launching the WECO 4000 series in 2013; building the first WECO AMI Meter Farm in 2018; and releasing six new models like the WECO 8000 Series in 2020, solidifying its leadership in utility meter testing instruments, systems, and services.[1]
Radian Research, Inc. was founded in 1982 by Glenn A. Mayfield, an electrical measurement physicist based in Lafayette, Indiana.[1] Mayfield identified a gap in watt-hour reference standards, which needed technological advancements to accurately test emerging electronic watt-hour revenue billing meters for electric utilities, prompting him to establish the company focused on research, development, and production of advanced power and energy measurement tools.[1]
Early innovation centered on precision instruments for the global electric utility sector. Pivotal moments include the 2011 acquisition of WECO, making Radian the first U.S. firm to implement meter test data management systems and automate field testing; the 2013 launch of WECO Software Solutions and WECO 4000 series; 2018's debut of the WECO AMI Meter Farm; and 2020's major portfolio expansion with new test boards.[1] These milestones built on Mayfield's vision, evolving Radian into a comprehensive provider of hardware, software, and services.
Radian Research rides the trend of smart grid modernization and AMI (Advanced Metering Infrastructure) adoption, where utilities upgrade to electronic meters requiring precise, high-capacity testing amid rising energy demands and regulatory pushes for accuracy.[1] Timing aligns with post-2010s AMI rollouts, as seen in its 2018 Meter Farm innovation—economical validation of meter communications and functionality during large-scale deployments.[1]
Market forces favoring Radian include the shift from mechanical to electronic metering, demanding advanced reference standards, and the need for integrated software to manage vast test data, positions where Radian leads as the top U.S. provider.[1] It influences the ecosystem by enabling utilities to deploy reliable smart meters faster, reducing billing errors, improving grid efficiency, and supporting renewable integration through better measurement tech.
Radian Research is poised to expand in smart grid and renewable energy testing, with trends like AI-driven analytics, higher-voltage EV charging meters, and global decarbonization driving demand for next-gen instruments.[1] Expect innovations in automated, scalable systems beyond 2020's WECO expansions, potentially integrating IoT for real-time utility insights.
Its influence will grow as utilities prioritize resilient infrastructure, evolving from niche innovator to indispensable partner—reinforcing its founding mission of technological breakthroughs for electric measurement challenges.[1]
Radian has raised $28.0M across 1 funding round. Most recently, it raised $28.0M Seed in January 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 9, 2026 | Biller Genie | $22.0M Series B | Jordan Bettman | — |
| May 19, 2025 | Dazos | $25.0M Series A | Radian Capital | — |
| Sep 17, 2024 | EasyDMARC | $20.0M Series A | Radian Capital | — |
| Jun 1, 2022 | GreyNoise Intelligence | $15.0M Series A | Dave Sack | Blu Venture Investors, CapitalX, CRV, Moonfire Ventures, SNR, Augusto Marietti, David Kalt, Dylan Field, Gerhard Eschelbeck, Nico Waisman, Zack Kanter, Inner Loop Capital, Paladin Capital Group, StoneMill Ventures |
| Feb 15, 2022 | Documo | $24.0M Series B | Jordan Bettman | — |
| Sep 15, 2021 | BriteCore | $20.0M Series C | Alex Stratoudakis | Jordan Bettman |
| Dec 10, 2020 | Boast | $23.0M Series A | Jordan Bettman | — |
| Apr 29, 2020 | Niche.com | $35.0M Series C | Weston Gaddy | Tim Armstrong, Allen & Company, Salesforce Ventures |
| Jan 1, 2020 | Mural | $23.0M Series A | Weston Gaddy | Jana Messerschmidt, C2 Investment, Gradient Ventures, Glenn Solomon, Sequoia Capital, Alexandre Scialom, Augusto Marietti, Endeavor Catalyst, Gradient Ventures |
| Jul 15, 2019 | BriteCore | $47.5M Other Equity | Alex Stratoudakis | Jordan Bettman, WCF Mutual Insurance Company |
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2022 | $28.0M Seed | Brett J. Rome | Afore Capital, AgFunder, Exor N.V., Explorer 1 Fund, Gaingels, Helios Capital, SpaceFund, The Private Shares Fund, The Venture Collective, Type One Ventures |