Emerging and High Growth Companies

Radian Capital in its lead investment in Boast.ai's $30 million Series A financing round

Radian Capital
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Colena Der

Partner, Tax, Calgary

Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

 

On December 10, 2020, Boast.ai announced a $30 million Series A round led by Radian Capital. With this investment, Boast.ai will further develop its AI-powered platform to better serve their nearly 1,000 customers, launch new products to help companies leverage their eligibility for innovation incentives, and accelerate expansion into new markets.

Radian Capital is a NYC-based growth equity fund. Radian partners with strong entrepreneurs and management teams of software and tech-enabled services businesses by helping these companies systematically accelerate growth and innovation.

Boast.ai is a software innovator whose flagship product automates the complex process of claiming R&D tax credits in the US and Scientific Research & Experimental Development tax credits in Canada.

Osler, Hoskin & Harcourt LLP advised Radian Capital with a team consisting of Chad Bayne, Gary Marshall, Manveer Bisla, Mike Creamers (Emerging & High Growth Companies), Kevin Colan and Colena Der (Taxation).

Value
$30 million
Date Closed
December 10, 2020
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Colena Der

Partner, Tax, Calgary

Gary Marshall

Partner, Emerging and High Growth Companies, Toronto