About Dematic Reddwerks
Dematic Reddwerks is a Transportation, Automotive & Logistics company based in Austin (United States) founded in 2003, and was acquired by Dematic in November 2015. Technology solutions for warehouse management and operations are provided. Dematic Reddwerks has raised $12.18 million across 7 funding rounds from investors including Dematic. The company was acqui-hired. Its focus areas include Consumer, Logistics Tech, Warehousing and Enablers. Its competitors include Deposco, Computer Associates and DecisionPoint; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Austin, United States
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website reddwerks.com
- Social LinkedIn X
- Acquired by Dematic (Nov 2015)
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 $12.18M
- Total Rounds 7
- Last Round Series C — $5.81M
- First Round $250,000
(Jun 2007)
All 7 funding rounds of Dematic Reddwerks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2011 | $5.81M | Series C | – | – | – |
| Apr 2010 | $900,000 | Series A | – | – | – |
| Dec 2009 | $550,000 | Series A | – | – | – |
| Jul 2009 | $700,000 | Series A | – | – | – |
| Aug 2008 | $3.97M | Series A | – | – | – |
| Jun 2008 | $775,000 | Debt – Conventional | – | – | – |
| Jun 2007 | $250,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Dematic Reddwerks
Dematic Reddwerks has secured backing from 1 investor. Prominent investors backing the company include Dematic.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based warehouse management and automation systems are provided. | 1819 | dematic.com | Atlanta, United States |
Investor details for Dematic Reddwerks
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Timeline of Dematic Reddwerks
4 dated milestones of Dematic Reddwerks across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Dematic Reddwerks is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Series C, of $5.8M.
- Exit Acquired by Dematic.
Competitors of Dematic Reddwerks
Dematic Reddwerks has 3 listed competitors in our database, 3 of them funded. They include Deposco, Computer Associates and DecisionPoint.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| deposco.com | 2004 | Alpharetta, United States | $11.68M | 189 | Provider of SaaS-based warehouse management solutions | |
| caisoft.com | 1978 | Providence, United States | $1.9M | 138 | Microsoft windows based ERP software vendor | |
| decisionpt.com | 1995 | Irvine, United States | $16.34M | 116 | Provider of a field service and warehouse management solution |
Detailed competitors of Dematic Reddwerks
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- Full competitor set
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Web traffic of Dematic Reddwerks
Websites that share an audience with Dematic Reddwerks (reddwerks.com).
Websites whose visitors overlap most with Dematic Reddwerks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| highjump.com | 100% | View details | |||
| cadretech.com | 96% | 10.1K | #2,158,519 | View details | |
| accellos.com | 69% | View details |
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Dematic Reddwerks (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | Schaumburg, Illinois, United States | USD 35 M | USD 1.42 B | 3,600 |
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Related news about Dematic Reddwerks
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Frequently Asked Questions about Dematic Reddwerks
Dematic Reddwerks was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Dematic Reddwerks is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
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 Seed of $250K, raised on Jun 2007.
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.
Dematic Reddwerks's top competitors include Computer Associates, Deposco and DecisionPoint.
Dematic Reddwerks has 1 investor. Key investors include Dematic.
Yes. Dematic Reddwerks was acquired by Dematic in November 2015.