Digital Signage Startup Raydiant Raises $13M Series A From Investors Including Mark Wahlberg

news2 years ago968

Digital signage startup Raydiant has raised $13 cardinal successful a Series A circular from investors including 8VC1, Atomic and histrion Mark Wahlberg.

Subscribe to the Crunchbase Daily

Retail businesses and restaurants usage Raydiant’s cloud-based integer signage exertion to show messaging to customers including photos, societal media feeds, check-in instructions and video support.

The institution has much than 2,500 clients and counts T-Mobile, Pita Pit and Wahlburgers among its customers, Raydiant said successful a statement.

It’s done Wahlburgers, the burger concatenation owned by the Wahlberg family, that Mark Wahlberg became progressive arsenic an capitalist and advisor to Raydiant. He discovered the institution erstwhile helium was looking for a mode to interact with customers astatine the burger chain’s antithetic locations, helium said.

“I initially started arsenic an advisor and decided to put arsenic Raydiant’s ngo is to assistance ceramic and mortar operators bash much concern and link with their customers,” Wahlberg said successful an email to Crunchbase News. 

The caller backing brings Raydiant’s full backing to $20 million. Delta Zulu, Gaingels, and BN Capital by Lerer Hippeau participated successful the round.

Raydiant says it much than tripled its gross and grew its lawsuit basal by 60 percent past year, adding that the COVID-19 pandemic has prompted much brick-and-mortar stores and restaurants to usage its integer signage exertion to pass with customers astir takeout options, adjusted hours and social-distancing protocols.

Illustration: Li-Anne Dias

  1. 8VC is an capitalist successful Crunchbase. It has nary accidental successful our editorial process. For more, head here.↩