Radian Capital

Radian targets bootstrapped or lightly-capitalized enterprise software companies with $10 million or more in revenue. The firm typically writes equity checks of $30 million to $80 million for minority or control positions. It avoids high-burn venture-style companies, instead backing businesses that have reached scale with minimal outside capital.

Managing Partner Jordan Hitch leads the investment team. Hitch previously spent over a decade at General Atlantic, where he focused on software and technology growth investments. Day-to-day decision-making is concentrated among a small partnership group consistent with the firm's deliberately lean structure.

Radian invests across horizontal enterprise infrastructure and vertical SaaS. Known positions span identity verification (Jumio), restaurant technology (Restaurant365), and similar applications where software takes over manual or legacy processes in niche markets. The firm does not pursue consumer internet, biotech, or hardware.

The firm acts as the lead or sole institutional investor, frequently providing the first significant outside capital to bootstrapped founder teams. Radian uses both minority growth equity and control recapitalizations, structuring each deal to keep founders materially aligned. SPVs are used selectively for individual co-investors.

Radian occupies the middle ground between late-stage venture and traditional private equity. It deploys growth equity with a private equity underwriting discipline — requiring existing revenue and a path to profitability — but targets software companies that rarely carry leverage. The firm's concentration in roughly a dozen positions further separates it from the venture capital model.

Radian's primary focus is North America. While certain portfolio companies like Jumio serve global customer bases, Radian's own deployed capital concentrates on US-headquartered enterprise software businesses. No dedicated international offices or regional funds exist.

The firm maintains a single office in New York and operates with a small investment team by design. Radian does not publish a headcount, but its concentrated portfolio size — roughly a dozen active positions — implies a lean partnership group with limited junior deal professionals compared to mega-funds.