Radius Agent raises $13 million
Real estate brokerage firm Radius Agent has raised $13 million in Series B funding led by AXA Venture Partners, with participation from NFX, Cota Capital, and others.
Founded in 2015, Radius is a full service brokerage that provides real estate professionals and their teams with the support and tools needed to grow their business — “with a simplified and sensible commission structure.”
The company also offers teams with mentorship, recruiting, financial services, and marketing resources to build and amplify their own brands.
“We are delighted to partner with Radius as the real estate industry undergoes a rapid transformation. The Radius team has demonstrated a forward-looking, sustainable, and rapidly scaling model that aligns well with our portfolio of investments centered around supporting entrepreneurs and business owners.” – Manish Agarwal, general partner at AXA Venture Partners.
“Radius is dedicated to supporting entrepreneurial agents, team leads, and brokerage owners in building their own brands. We believe our success thus far is indicative of the visionary real estate professionals we’ve partnered with and our commitment to their needs and growth. I look forward to continuing to work with them to build out the services, technology, and partnerships they need to not only stay competitive in the landscape, but lead it.” – Biju Ashokan, founder and CEO of Radius Agent.