About Redde
Redde is a company based in Bath (United Kingdom) founded in 1992 was acquired by ReddeNorthgate in November 2019. Redde has completed 1 acquisition, including FMG. Redde offers products and services including Motor Claims Services and Claims Handling Services.
- Headquarter Bath, United Kingdom
- Stage Public
- SectorsProfessional & Legal ServicesFinancial Services
- Email••••••••
- Phone•••• ••••
- Website redde.com
- Social LinkedIn X Facebook
- Acquired by ReddeNorthgate (Nov 2019)
- Legal Name Redde Plc
- Latest Funding Round$299.81K (USD), Grant
Sep 2024
- InvestorsHHS
& 1 more
- Investments & Acquisitions
- Acquired byReddeNorthgate
(Nov 2019)
Products & Services of Redde
Redde offers a comprehensive portfolio of products and services, including Motor Claims Services and Claims Handling Services.
Motor claims accident management services are handled, including replacement vehicles and repairs
Full claims-handling and FNOL services are managed through associated businesses
Funding Insights of Redde
- Total Rounds 1
- Last Round Grant — $299,811
- First Round $299,811
(Sep 2024)
- Investors Count 1
All 1 funding rounds of Redde 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 |
|---|---|---|---|---|---|
| Sep 2024 | $299,811 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Redde
Redde has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HHS and ZIGUP.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Public health and human services are overseen by HHS. | 1953 | hhs.gov | - | |
Integrated mobility solutions are provided by ZIGUP across vehicle lifecycles. | – | reddenorthgate.co.uk | Darlington, United Kingdom |
Investor details for Redde
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Redde
Redde has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include FMG.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Incident management and roadside services are provided across the UK. | fmg.co.uk | United Kingdom | 1986 | Aug 2015 | $67.49M |
Complete acquisition details for Redde
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Redde
5 dated milestones of Redde across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Redde is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires FMG.
- Exit Acquired by ReddeNorthgate.
- Funding First funding round of $300K.
Web traffic of Redde
The website of Redde (redde.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▼ 4.8% vs previous month
Similar companies to Redde
10 companies that operate in the same segment as Redde (Legal Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of CLM, litigation, and risk & compliance services | 1999 | New York, New York, United States | USD 50 M | – | – | |
Provider of legal advisory services | 1863 | San Francisco, California, United States | – | – | 1,836 | |
Legal and professional services are delivered by Gateley. | 1808 | Birmingham, England, United Kingdom | – | USD 262.45 M | – | |
Court reporting and litigation services are provided by Veritext. | 1997 | Cherry Hill, New Jersey, United States | – | – | 947 | |
Provider of consulting, advisory & expert services for construction & engineering industries | 2016 | Warrington, England, United Kingdom | – | – | 237 | |
Legal services for consumer-company disputes are provided. | 2004 | Oakland, California, United States | USD 11.53 M | – | – | |
Provider of legal services to technology and life science companies | 1961 | Palo Alto, California, United States | – | – | 1,953 | |
Legal services to businesses are provided across multiple practice areas. | 1878 | Minneapolis, Minnesota, United States | – | – | 903 | |
Legal consulting solutions are managed through specialized services. | 2007 | Philadelphia, Pennsylvania, United States | – | – | 317 | |
Investigative and risk advisory services are provided worldwide. | 1994 | New York, New York, United States | – | – | 170 |
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Frequently Asked Questions about Redde
Redde was founded in 1992 and raised its 1st funding round 32 years after it was founded.
Redde is headquartered in Bath, United Kingdom. It is registered at Bath, Somerset, United Kingdom.
Redde was founded in 1992 in Bath, United Kingdom. Services in accident management support, legal assistance, fleet management, and policy fulfilment are provided to clients in the automotive and insurance sectors. Operations are centered in the UK, with focus on efficient handling of vehicle-related incidents and compliance requirements. The company supports businesses through integrated solutions for risk mitigation and operational efficiency.
Redde offers Motor Claims Services and Claims Handling Services.
Redde has made 1 acquisition, including FMG.
Redde operates through Redde Plc.
Yes. Redde was acquired by ReddeNorthgate in November 2019.