Redactive

Melbourne, Australia Founded: 2023 • Age: 3 yrs
Generative AI applications are developed for secure business data integration.
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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
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Redactive Software Pty Ltd
Operational Areas
Technology → Software Development & Engineering
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $7.5 M (USD), Seed

    Jul 02, 2024

  • Investors
    Atlassian

    & 3 more

  • 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 Rounds 1
  • Last Round Seed — $7.5M
  • 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
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 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. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in technology startups are made by Felicis Ventures.
Founded Year Domain Location
Investments are made in seed, early, and later-stage tech companies.
Founded Year Domain Location
Cloud-based enterprise collaboration suites are delivered for team productivity.
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 Redactive

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 - Redactive

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

Redactive Comparisons

Employees
+
Add Comparison
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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. 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
Automation platform for business analytics is delivered via agentic AI.
domain founded_year HQ Location
Conditional workflows are utilized for integrating applications and devices.
domain founded_year HQ Location
Workflow automation platform is provided for developer environments and collaboration.
domain founded_year HQ Location
Cloud and AI-based workflow automation is facilitated through visual tools.
domain founded_year HQ Location
A platform is developed for building multi-step AI workloads.
domain founded_year HQ Location
An agentic automation platform is provided for enterprise 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 Redactive

Frequently Asked Questions about Redactive

When was Redactive founded?

Redactive was founded in 2023 and raised its 1st funding round 1 year after it was founded.

Where is Redactive located?

Redactive is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Is Redactive a funded company?

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.

What does Redactive do?

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.

Who are the top competitors of Redactive?

Redactive's top competitors include Savant Labs, N8n and IFTTT.

Who are Redactive's investors?

Redactive has 4 investors. Key investors include Atlassian, Zapier, Felicis Ventures, and Blackbird Ventures.

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