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Biju Ashokan
Expanding Radius, the fastest growing modern real estate brokerage
Biju Ashokan is the CEO and co-founder of Radius Agent, a SaaS real estate proptech company that aims to empower real estate agents and brokers.13 Here are some key details about Biju Ashokan:
Background and Experience
Biju Ashokan has over 13 years of experience in developing tech-driven real estate solutions.4 He graduated from Carnegie Mellon University in 2008 and subsequently began developing SaaS proptech products.1
Founding of Radius Agent
Ashokan co-founded Radius Agent in 2015 with a vision to create a comprehensive software suite for real estate agents, essentially a "Shopify for real estate".1 The company launched with $50,000 in pre-seed funding from the accelerator AngelPad.1
Company Growth and Achievements
Under Ashokan's leadership, Radius Agent has experienced significant growth:
- The company closed 2021 with 200 agents in California and $2.2 million in revenue.1
- Radius Agent secured a $13.1 million Series A funding round in 2021.1
- More recently, the company closed a $13 million Series B funding round.3
- The company has achieved a 293% growth in its agent base and a 330% increase in revenue.3
Business Model and Approach
Ashokan has focused on building a community-driven platform for real estate agents. Key aspects of Radius Agent's approach include:
- A social network for real estate agents that has grown to over 75,000 members.1
- Providing tools and resources for agents to build their own brands and businesses.3
- Offering AI-powered technology to streamline workflows and improve efficiency.2
- Expanding services to include mortgage brokerage and potentially direct mortgage lending.2
Future Plans
Ashokan aims to expand Radius Agent's services to more states beyond California, with plans to enter Texas, Florida, Georgia, Washington, Oregon, and Colorado.2 He also intends to open their AI Brokerage operating system to independent brokerages nationwide.2
Biju Ashokan's LinkedIn profile can be found at linkedin.com/in/bijuashokan.4