Total amount raised
$70.2 Million
Latest funding date
5/1/2022
Location
Raydiant has successfully raised funding over seven rounds, with the latest being a Series B round. The company is backed by 20 investors, including CABRA VC and Illuminate Ventures.
Raydiant's products, technology and customer contracts were acquired by Displai Systems Inc., which announced the asset acquisition on May 16, 2025. Keep reading to explore the intricacies of Raydiant's fundraising journey and the investors backing this innovative platform.
What Is Raydiant?
Raydiant is a private company based in San Francisco, California, specializing in artificial intelligence, digital signage, information technology, and marketing. The company has between 101 and 250 employees.
Displai Systems Inc. acquired Raydiant's assets, including its products, technology and customer contracts, after Raydiant was unable to attract a buyer for its entire business. Their solutions are designed to enhance customer and employee experiences across various industries, including restaurants, retail, hospitality, and education.
How Much Funding Has Raydiant Raised?
- Series B
- Amount Raised: USD 20,234,358
- Date: May 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue product innovation and expand market reach.
- Series B
- Amount Raised: USD 25,000,000
- Date: February 2022
- Lead Investors: 8VC, Atomic
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To innovate the AI-powered experience management platform and hire key team members.
- Debt Financing
- Amount Raised: USD 5,000,000
- Date: February 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational expenses and strategic initiatives.
- Series A
- Amount Raised: USD 13,000,000
- Date: January 2021
- Lead Investors: 8VC, Atomic
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support initial growth, product development, and market expansion.
- Series Unknown
- Amount Raised: Not publicly disclosed
- Date: June 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product offerings and expand market presence.
- Series A
- Amount Raised: USD 7,000,000
- Date: October 2019
- Lead Investors: 8VC
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate product development and market entry.
- Seed
- Amount Raised: Not publicly disclosed
- Date: March 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch initial product offerings and establish market presence.
Total Amount Raised: USD 70,234,358. Current Valuation: Not publicly disclosed.
Key Investors
- 8VC
- Details: 8VC is a venture capital firm that invests in early-stage and growth-stage companies. They focus on leveraging technology to create transformative solutions.
- Investment Focus Areas: Technology, healthcare, logistics, financial services.
- Notable Investments: Palantir, Wish, Guardant Health.
- Atomic Ventures
- Details: Atomic Ventures is a venture capital firm that builds and invests in companies, often from the ground up. They are known for their hands‑on approach in nurturing startups.
- Investment Focus Areas: Technology startups, innovative business models.
- Notable Investments: Hims & Hers, Bungalow, Homebound.
- Lerer Hippeau
- Details: Lerer Hippeau is a New York‑based venture capital firm that invests in early‑stage companies. They have a strong focus on media, e‑commerce, and consumer products.
- Investment Focus Areas: Early‑stage technology companies, media, e‑commerce, consumer products.
- Notable Investments: BuzzFeed, Casper, Warby Parker.
- Gaingels
- Details: Gaingels is a network of investors that focuses on supporting and funding diverse and inclusive teams. They are particularly interested in companies with LGBTQ founders and executives.
- Investment Focus Areas: Companies with diverse leadership teams, technology, healthcare.
- Notable Investments: Carta, MasterClass, Impossible Foods.
- Mark Wahlberg
- Details: Mark Wahlberg is an actor and entrepreneur who invests in various business ventures. His investments span across multiple sectors, including entertainment and consumer goods.
- Investment Focus Areas: Consumer products, entertainment, technology.
- Notable Investments: F45 Training, Performance Inspired, Wahlburgers.
What's Next for Raydiant?
The expansion of their global headcount by 300% in 2022 underscores the scale of their ambitions. Displai Systems Inc. announced on May 16, 2025 that it had acquired Raydiant's assets, after Raydiant was unable to attract a buyer for its entire business.
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