Radius Agent has launched a Transaction Management Suite (TxM Suite) as part of its Radius Office app, integrated with the company’s AI assistant, Mel. The TxM Suite provides a single platform for agents, teams and broker-owners to run transactions and business workflows. Features include voice-activated offer generation, built-in compliance review, real-time status tracking, and integrations with MLS data and e-signature tools to reduce time to execute offers and disclosures. Radius plans to launch a private-label, client-facing app for brokerage partners in fourth-quarter 2024 that will work with the TxM Suite to create a fully integrated ecosystem. The company says TxM Suite addresses transparency and auditing needs following recent industry changes. Founded in 2015, Radius is backed by notable investors and recently raised funding to support its expansion plans. Radius Agent operates a technology-focused, agent-centric full-service real estate brokerage platform that provides tools and support for real estate professionals and their teams. The company offers a simplified commission structure and handles compliance, onboarding, and recruitment to reduce operational burdens for agents. It also provides mentorship, recruiting, financial services, and marketing resources to help teams build and amplify their own brands. Radius positions itself as a modern brokerage aimed at helping agents grow their businesses through technology and support services. The company is led by Founder and CEO Biju Ashokan and COO Sam Kasle. Radius intends to use new funding to further scale its team and expand its offering.

Total raised

$27M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2024