radient360 secures $3.3M seed funding from Build Ventures and Killick Capital

radient360 Solutions Inc. raised $3.3 million in seed funding from vc firm Build Ventures and family office Killick Capital Inc.

St. John’s, Newfoundland and Labrador based radient360 intends to use new funding to expand sales and product development teams and to open a new office in Calgary.

radient360 provides a cloud-based work execution platform that digitalizes work processes and creates powerful data analytics in support of asset-intensive industries such as oil and gas exploration and development.

“As a young company, we have made great progress to reach this point in our development. With this round of funding and the support of the bright minds at Build Ventures and Killick Capital, we expect to continue that success as we expand our operations,” said Steve Taylor, CEO of radient360.

The company has operational implementation within oil and gas operators and is presently pursuing the first international deployment of its technology.

“radient360 is a company on the move. Its proven products and strong track record of performance have earned it a loyal following. We look forward to working with them on the next steps in their growth trajectory,” said Patrick Keefe, General Partner of Build Ventures.

“radient360 has built a strong foundation in Newfoundland and Labrador’s oil and gas sector. Now they can take that insight and expertise into new markets around the world. We see great things ahead for radient360,” said Mark Dobbin, president and founder of Killick Capital.

photo credit: radient360 Solutions Inc.

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.