About Redactive
Redactive is a company based in Melbourne (Australia) founded in 2023 by Alexander Valente, Lucas Sargent, and Andrew Pankevicius. Redactive has raised $7.5 million across 1 funding round from investors including Atlassian, Zapier and Felicis Ventures. Redactive operates in a competitive market with competitors including Savant Labs, IFTTT, Raftt, N8n and Substrate, among others.
- Headquarter Melbourne, Australia
- Founders Alexander Valente, Lucas Sargent, Andrew Pankevicius
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Sectors
Technology
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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 Redactive Software Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.5 M (USD)
in 1 rounds
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Latest Funding Round
$7.5 M (USD), Seed
Jul 02, 2024
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Investors
Atlassian
& 3 more
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Employee Count
Employee Count
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Funding Insights of Redactive
Redactive has successfully raised a total of $7.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $7.5 million completed in July 2024. 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 1
- Last Round Seed — $7.5M
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First Round
First Round
(02 Jul 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - Redactive | Valuation | Felicis Ventures , Blackbird Ventures |
Investors in Redactive
Redactive has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Atlassian, Zapier and Felicis Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in technology startups are made by Felicis Ventures.
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Founded Year | Domain | Location | |
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Investments are made in seed, early, and later-stage tech companies.
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Cloud-based enterprise collaboration suites are delivered for team productivity.
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Founded Year | Domain | Location |
Investments & Acquisitions by Redactive
Financial Statements - Redactive
Redactive Comparisons
Competitors of Redactive
Redactive 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 Savant Labs, IFTTT, Raftt, N8n and Substrate, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Automation platform for business analytics is delivered via agentic AI.
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| domain | founded_year | HQ Location |
Conditional workflows are utilized for integrating applications and devices.
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| domain | founded_year | HQ Location |
Workflow automation platform is provided for developer environments and collaboration.
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| domain | founded_year | HQ Location |
Cloud and AI-based workflow automation is facilitated through visual tools.
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| domain | founded_year | HQ Location |
A platform is developed for building multi-step AI workloads.
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| domain | founded_year | HQ Location |
An agentic automation platform is provided for enterprise operations.
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Latest news on Redactive
Frequently Asked Questions about Redactive
Redactive was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Redactive is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Redactive is a funded company, having raised a total of $7.5M across 1 funding round to date. The company's 1st funding round was a Seed of $7.5M, raised on Jul 02, 2024.
Redactive was founded in 2023 in Melbourne, Australia, within the generative AI sector. Infrastructure is provided through a platform that enables developers to connect AI models with live business data sources. Data connectors, authentication flows, and access controls are included to ensure security. Managed data pipelines and customer data access are supported as key features.
Redactive's top competitors include Savant Labs, N8n and IFTTT.
Redactive has 4 investors. Key investors include Atlassian, Zapier, Felicis Ventures, and Blackbird Ventures.