Dematic Reddwerks

Austin, United States Founded: 2003 • Age: 23 yrs Acquired By Dematic
Technology solutions for warehouse management and operations are provided.
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About Dematic Reddwerks

Dematic Reddwerks is a company based in Austin (United States) founded in 2003 was acquired by Dematic in November 2015.. Dematic Reddwerks has raised $12.18 million across 7 funding rounds from investors including Dematic. Dematic Reddwerks operates in a competitive market with competitors including Deposco, Generix Group, TradeGecko, Computer Associates and DecisionPoint, among others.

  • Headquarter Austin, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $12.18 M (USD)

    in 7 rounds

  • Latest Funding Round
    $5.81 M (USD), Series C

    Oct 12, 2011

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Dematic

    (Nov 18, 2015)

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Funding Insights of Dematic Reddwerks

Dematic Reddwerks has successfully raised a total of $12.18M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $5.81 million completed in October 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 7
  • Last Round Series C — $5.8M
  • First Round

    (01 Jun 2007)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2011 Amount Series C - Dematic Reddwerks Valuation

investors

Apr, 2010 Amount Series A - Dematic Reddwerks Valuation

investors

Dec, 2009 Amount Series A - Dematic Reddwerks Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Dematic Reddwerks

Dematic Reddwerks has secured backing from 1 investor. Prominent investors backing the company include Dematic. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Cloud-based warehouse management and automation systems are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Dematic Reddwerks

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Dematic Reddwerks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Dematic Reddwerks Comparisons

Employees
+
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Competitors of Dematic Reddwerks

Dematic Reddwerks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Deposco, Generix Group, TradeGecko, Computer Associates and DecisionPoint, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of SaaS-based warehouse management solutions
domain founded_year HQ Location
Supply chain management and collaboration solutions are provided globally.
domain founded_year HQ Location
Provider of cloud-based suite solutions for wholesalers
domain founded_year HQ Location
Microsoft windows based ERP software vendor
domain founded_year HQ Location
Provider of a field service and warehouse management solution
domain founded_year HQ Location
Self-storage management software is provided for facility operations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Dematic Reddwerks

Frequently Asked Questions about Dematic Reddwerks

When was Dematic Reddwerks founded?

Dematic Reddwerks was founded in 2003 and raised its 1st funding round 4 years after it was founded.

Where is Dematic Reddwerks located?

Dematic Reddwerks is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Is Dematic Reddwerks a funded company?

Dematic Reddwerks is a funded company, having raised a total of $12.18M across 7 funding rounds to date. The company's 1st funding round was a Series A of $550K, raised on Jun 01, 2007.

What does Dematic Reddwerks do?

Dematic Reddwerks (formerly Reddwerks) is a technology solution provider for warehouse management and operations. Its products include a Warehouse Execution Software and a number of solutions for distribution operations. Warehouse Execution Software is a platform which integrates with WMS and other systems to optimize operations. Its distribution products include Wave Planning - a tool to generate optimized, batch order picking rosters, Movelogic - a labor and workload management tool, RaceTrack- a zone-less pick to light solution, DeviceSpace - a control software which can be used to configure business and process rules in mechanized equipment such as sorters and Pick-to-light solution. The company was acquired by Dematic in 2015 and rebranded to Dematic Reddwerks.

Who are the top competitors of Dematic Reddwerks?

Dematic Reddwerks's top competitors include Computer Associates, Generix Group and Deposco.

Who are Dematic Reddwerks's investors?

Dematic Reddwerks has 1 investor. Key investors include Dematic.

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