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).