About Redactable
Redactable is a company based in New York (United States) founded in 2018.. Redactable has raised $6.8 million across 4 funding rounds from investors including FIS, Gradient Ventures and Wocstar Fund. Redactable offers products and services including Redactable Software. Redactable operates in a competitive market with competitors including Box, Acquia, Conga, Automattic and M-Files, among others.
- Headquarter New York, United States
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Sectors
Professional & Legal ServicesTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Redactable Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.8 M (USD)
in 4 rounds
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Latest Funding Round
$5.5 M (USD), Seed
Dec 15, 2023
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Investors
FIS
& 8 more
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Employee Count
Employee Count
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Products & Services of Redactable
Redactable offers a comprehensive portfolio of products and services, including Redactable Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI platform for detecting and redacting sensitive data in documents.
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Funding Insights of Redactable
Redactable has successfully raised a total of $6.8M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $5.5 million completed in December 2023. 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 Funding
- Total Rounds 4
- Last Round Seed — $5.5M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Redactable | Valuation | Gradient Ventures | |
| Aug, 2022 | Amount | Seed - Redactable | Valuation | FIS |
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| Jul, 2022 | Amount | Seed - Redactable | Valuation | The Fund , Hustle Fund |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Redactable
Redactable has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include FIS, Gradient Ventures and Wocstar Fund. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital arm of Alphabet Inc. investing in AI
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Founded Year | Domain | Location | |
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Early-stage women-led tech startups receive investments from Wocstar Fund.
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Founded Year | Domain | Location | |
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Early-stage investments are made in pre-seed startups globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Redactable
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Redactable
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Redactable Comparisons
Competitors of Redactable
Redactable 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 Box, Acquia, Conga, Automattic and M-Files, 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 |
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| domain | founded_year | HQ Location |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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| domain | founded_year | HQ Location |
Contract lifecycle management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Automattic is engaged in developing web and messaging solutions.
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| domain | founded_year | HQ Location |
Documents are managed and automated for enterprise knowledge work.
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| domain | founded_year | HQ Location |
Offers cloud-based video solutions tailored for the media and entertainment industry.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Redactable
Frequently Asked Questions about Redactable
When was Redactable founded?
Redactable was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Redactable located?
Redactable is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Redactable a funded company?
Redactable is a funded company, having raised a total of $6.8M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.3M, raised on Jun 04, 2020.
What does Redactable do?
Redactable was established in 2018 in New York, United States, as a provider of software focused on redacting documents to protect sensitive information. Operations center on AI-assisted tools for redaction, organization, collaboration, error detection, content searching, cleansing, editing, and time tracking. Integration with platforms such as Box and Dropbox is facilitated. Services target the legal, banking, real estate, healthcare, and insurance sectors, with a subscription-based pricing structure employed.
Who are the top competitors of Redactable?
What products or services does Redactable offer?
Redactable offers Redactable Software.
Who are Redactable's investors?
Redactable has 9 investors. Key investors include FIS, Gradient Ventures, Wocstar Fund, Everywhere VC, and Hustle Fund.
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