About redIQ
redIQ is a company based in New York (United States) founded in 2010 was acquired by Radix in August 2024. redIQ has raised $6.57 million across 17 funding rounds from investors including Axiometrics, Radix and Symmetrical Ventures. redIQ offers products and services including dataIQ, valuationIQ, and QuickSync. redIQ operates in a competitive market with competitors including PRODA, Hightower, Prophia, Realxdata and Rentlytics, among others.
- Total Equity Funding$6.57M (USD)
in 17 rounds
- Latest Funding Round$549.62K (USD), Seed
Sep 2016
- InvestorsAxiometrics
& 8 more
- Acquired byRadix
(Aug 2024)
Products & Services of redIQ
redIQ offers a comprehensive portfolio of products and services, including dataIQ, valuationIQ, and QuickSync.
Standardizes raw deal documents into actionable intelligence for underwriting.
Streamlines multifamily underwriting with a proprietary valuation tool.
Integrates standardized data into user Excel templates for analysis.
Funding Insights of redIQ
redIQ has successfully raised a total of $6.57M across 17 strategic funding rounds. The most recent funding activity was a Seed round of $549.62 thousand completed in September 2016. 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 $6.57M
- Total Rounds 17
- Last Round Seed — $549,619
- First Round $425,000
(Sep 2011)
- Investors Count 8
Latest 10 of 17 funding rounds of redIQ 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 2016 | $549,619 | Seed | – | – | – |
| Aug 2016 | $549,619 | Debt – Conventional | – | – | – |
| Jan 2016 | – | Seed | – | Symmetrical Ventures | – |
| Dec 2015 | $410,000 | Seed | – | – | – |
| Nov 2015 | $410,000 | Debt – Venture | – | – | – |
| Apr 2015 | $885,000 | Seed | – | Osage Partners, Leading Edge Ventures | |
| Apr 2015 | $900,000 | Seed | – | – | |
| Nov 2014 | – | Seed | – | Camber Creek | – |
| Oct 2014 | $430,000 | Seed | – | – | – |
| Oct 2014 | $430,000 | Seed | – | – | – |
9 investors in total: 6 institutional and 3 angel.
Investors in redIQ
redIQ has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Axiometrics, Radix and Symmetrical Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Symmetrical Ventures is focused on early-stage startup investments. | 2015 | symmetricalventures.io | United States | |
Venture capital investments in early stage B2B software and academic research startups. | – | osagepartners.com | - | |
Venture capital financing is offered to innovative entrepreneurs. | – | leadingedgevc.com | Newark, United States | |
Venture capital fund focused on tech startups | – | cambercreek.com | Washington, Dc, United States | |
Market intelligence solution provider for real estate industry | 1994 | axiometrics.com | Dallas, United States | |
KQ Kevin Quinn | Angel investor focusing on Indian startups, experienced in tech and innovation. | – | unknown_f5ab5243d83148e19 | - |
RS Ryan Slack | Angel investor in Indian startups, focused on tech and innovation. | – | unknown_01fa6eee6f0448638 | - |
KR Kurt Roeloffs | - | – | unknown_e4efb3ccd10a4fccb | - |
Market research services are provided by Radix to various clients. | 2015 | radix.com | Scottsdale, United States |
Investor details for redIQ
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.
People of redIQ
2 people are tracked at redIQ (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Benjamin Beggs | Managing Director | Leadership |
Andrew Westby | Financial Analyst | Team |
Complete people profiles for redIQ
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of redIQ
4 dated milestones of redIQ across 14 years, from founding to its latest funding, stage changes and deals.
- Founded redIQ is founded.
- Funding First funding round of $425K.
- Funding Latest funding round, Seed, of $550K.
- Exit Acquired by Radix.
Competitors of redIQ
redIQ 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 PRODA, Hightower, Prophia, Realxdata and Rentlytics, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| proda.ai | 2017 | London, United Kingdom | $8M | 17 | AI-driven rent roll data management software for commercial real estate properties | |
| gethightower.com | 2013 | New York, United States | $21.66M | 51 | Technology platform for Commercial Real Estate professionals | |
| prophia.com | 2018 | San Francisco, United States | $19.24M | 21 | Cloud-based market intelligence software for commercial real estate professionals | |
| realxdata.com | 2016 | Berlin, Germany | $7.83M | 216 | Analytical solutions for commercial real estate are delivered via SaaS. | |
| rentlytics.com | 2012 | San Francisco, United States | $13.1M | 30 | Property metrics are aggregated and analyzed for apartment owners. | |
| ioptassets.com | 2016 | Glasgow, United Kingdom | $758,447 | 5 | Provider of portfolio management solution | |
| immomio.com | 2014 | Hamburg, Germany | – | – | Online data platform to find apartments | |
| everreal.co | 2017 | Munich, Germany | $7.66M | – | Real estate transactions are managed via a cloud-based platform. |
Detailed competitors of redIQ
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of redIQ
The website of redIQ (rediq.com) receives about 48.6K visits a month and ranks #687,966 among all websites worldwide, #4,982 in Real Estate.
- Monthly visits48.6K
▼ 1.9% vs previous month
- Unique visitors20.7K
per month
- Global rank#687,966
among all websites
- Category rank#4,982
Business and Consumer Services · Real Estate
- Bounce rate70%
- Pages per visit1.7
- Average visit13 sec
- DevicesDesktop 15% · Mobile 85%
Websites whose visitors overlap most with redIQ. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| costar.com | 100% | – | #10,763 | View details | |
| apartments.com | 100% | 40.4M | #843 | View details | |
| hellodata.ai | 93% | 55.1K | #499,236 | View details | |
| ihomefinder.com | 89% | 19.7K | #1,523,071 | View details | |
| dealmachine.com | 85% | – | #154,222 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for redIQ
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to redIQ
10 companies that operate in the same segment as redIQ (Property Management Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 527.28 M | – | – | |
Mygate is recognized as a leading community management software provider. | 2016 | Bengaluru, Karnataka, India | USD 93.84 M | USD 3.15 M | 494 | |
AI-enabled property management software is provided for residential properties. | 1998 | Richardson, Texas, United States | USD 97.02 M | USD 46.69 M | 1,794 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based software is provided for vacation rental management and synchronization. | 2013 | Walnut, California, United States | USD 409.25 M | – | – | |
SaaS-driven property management software is provided for owners and managers. | 2003 | Lehi, Utah, United States | USD 707 M | – | – | |
Cloud-based video intercoms and physical security systems are provided. | 2000 | Tysons, Virginia, United States | USD 137.36 M | USD 1.01 B | 2,009 | |
Personalized end-to-end interior solutions are provided via a platform. | 2015 | Chennai, Tamil Nadu, India | USD 76.14 M | USD 16.55 M | 506 | |
Online platform offering credit-building solutions through rent payment reporting | 2018 | New York, New York, United States | USD 195.22 M | – | – | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about redIQ
redIQ was founded in 2010 and raised its 1st funding round 1 year after it was founded.
redIQ is headquartered in New York, United States. It is registered at New York, New York, United States.
redIQ is a funded company, having raised a total of $6.57M across 17 funding rounds to date. The company's 1st funding round was a Seed of $430K, raised on Sep 2011.
Founded in 2010 in New York, United States, redIQ operates in the commercial real estate sector, focusing on multi-family transactions. Data from rental and operating statements is captured through the dataIQ platform, while valuationIQ generates Excel-based underwriting models. Services are utilized by clients such as CBRE, BH, JLL, and HFF to support transaction analysis.
redIQ offers dataIQ, valuationIQ, and QuickSync.
redIQ has 9 investors. Key investors include Axiometrics, Radix, Symmetrical Ventures, Osage Partners, and Leading Edge Ventures.
redIQ operates through Rediq Llc.
Yes. redIQ was acquired by Radix in August 2024.