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
- SectorsTechnology
- Email••••••••
- Website redactive.ai
- Social LinkedIn X YouTube
- Legal Name Redactive Software Pty Ltd
- Total Equity Funding$7.5M (USD)
in 1 rounds
- Latest Funding Round$7.5M (USD), Seed
Jul 2024
- InvestorsAtlassian
& 3 more
Apps and channels of Redactive
its YouTube channel Redactive has 6 subscribers.
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 $7.5M
- Total Rounds 1
- Last Round Seed — $7.5M
- First Round $7.5M
(Jul 2024)
- Investors Count 4
All 1 funding rounds of Redactive 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 |
|---|---|---|---|---|---|
| Jul 2024 | $7.5M | Seed | – | Felicis Ventures, Blackbird Ventures |
4 investors in total: 4 institutional.
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 |
|---|---|---|---|---|
Investments in technology startups are made by Felicis Ventures. | – | felicis.com | Menlo Park, United States | |
Investments are made in seed, early, and later-stage tech companies. | – | blackbird.vc | Surry Hills, Australia | |
Cloud-based enterprise collaboration suites are delivered for team productivity. | 2002 | atlassian.com | Sydney, Australia | |
No-code automation and AI tools are provided for workflow integration. | 2011 | zapier.com | San Francisco, United States |
Investor details for Redactive
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People of Redactive
3 people are tracked at Redactive (3 in leadership).
| Name | Role | Group |
|---|---|---|
Alexander Valente | Co-Founder | Leadership |
Lucas Sargent | Co-Founder | Leadership |
Andrew Pankevicius | Co-Founder | Leadership |
Complete people profiles for Redactive
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Redactive
2 dated milestones of Redactive across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Redactive is founded.
- Funding First funding round of $7.5M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| savantlabs.io | 2021 | San Carlos, United States | $29.55M | – | Automation platform for business analytics is delivered via agentic AI. | |
| ifttt.com | 2010 | San Francisco, United States | $62.5M | 27 | Conditional workflows are utilized for integrating applications and devices. | |
| raftt.io | 2021 | Tel Aviv, Israel | $5M | – | Workflow automation platform is provided for developer environments and collaboration. | |
| n8n.io | 2019 | Berlin, Germany | $253.1M | 22 | Cloud and AI-based workflow automation is facilitated through visual tools. | |
| substrate.run | 2023 | New York, United States | $8M | – | A platform is developed for building multi-step AI workloads. | |
| deepopinion.ai | 2018 | Innsbruck, Austria | $14.56M | – | An agentic automation platform is provided for enterprise operations. | |
| luminai.com | 2019 | San Mateo, United States | $24.06M | 9 | Artificial intelligence based platform offering internal workflow automation solutions | |
| aviator.co | 2021 | San Francisco, United States | – | – | Aviator is recognized for providing AI-powered developer productivity tools. | |
| boost.space | 2017 | Prague, Czech Republic | $3.49M | – | Cloud-based project management and CRM tools are provided by Boost.space. |
Detailed competitors of Redactive
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- Full competitor set
- Operating metrics
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Web traffic of Redactive
The website of Redactive (redactive.ai) receives about 2.2K visits a month.
- Monthly visits2.2K
▼ 22.5% vs previous month
Latest news on Redactive
Complete news archive for Redactive
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Redactive
10 companies that operate in the same segment as Redactive (Application Development Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based version control and source code management platform | 2008 | San Francisco, California, United States | USD 354.03 M | – | – | |
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 202.25 M | – | – | |
Cloud based website development platform | 2012 | San Francisco, California, United States | USD 336.41 M | – | – | |
Cloud-based website builder tool | 2003 | New York, New York, United States | USD 591.5 M | USD 16.79 M | 87 | |
Cloud-based low-code platform enables application development and automation. | 1999 | Reston, Virginia, United States | USD 47.5 M | USD 726.94 M | 2,029 | |
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 1,370 | |
Cloud and AI based low code workflow and app development platform | 2013 | San Francisco, California, United States | USD 1.35 B | – | – | |
Websites are built using Wix's cloud-based drag-and-drop platform. | 2006 | Tel Aviv, Israel | USD 53.5 M | USD 1.99 B | 5,280 | |
Online application marketplace | 2009 | San Francisco, California, United States | USD 437.8 M | USD 7.59 M | 183 | |
Development of internal tools is enabled by a low-code platform. | 2017 | San Francisco, California, United States | USD 135.27 M | – | 124 |
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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 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.
Redactive operates through Redactive Software Pty Ltd.