RedTeam Software

Orlando, United States Founded: 2006 • Age: 20 yrs
SaaS project management software is delivered for construction professionals.

About RedTeam Software

RedTeam Software is a Real Estate & Construction company based in Orlando (United States) founded in 2006 by Michael Wright. SaaS project management software is delivered for construction professionals. RedTeam Software has raised $33.45 million across 7 funding rounds from investors including Braemont Capital, JettyCove and RAC. RedTeam Software has completed 1 acquisition, including Paskr. Its website redteam.com draws about 129 thousand monthly visits. RedTeam Software offers products and services including Preconstruction Estimating, Project Management, Financial Management, Bid Management, and Field Management. Its focus areas include Real Estate and Construction Tech, Construction Tech, Project Management and Suite. Its legal entity is REDTEAM SOFTWARE, LLC. Its competitors include Procore, Hover and Hyphen Solutions; 2 of its 3 listed competitors have raised funding.

Company details

RedTeam Software was founded in 2006 in Orlando, United States, focusing on the construction sector. SaaS-based project management tools are supplied through modules for business development, pre-construction, project execution, financial tracking, and closeout phases. Customer relations, contractors, work orders, punch lists, employee hours, documents, progress, and reports are managed via the platform. Mobile applications are accessible on iOS and Android devices.

  • Headquarters Orlando, United States
  • Founders Michael Wright
  • Sectors
    Real Estate & Construction
  • Website category Heavy Industry and Engineering · Construction and Maintenance
  • Email
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  • Phone
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  • Website redteam.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Redteam Software, Llc
Key Metrics
  • Total Equity Funding
    $33.45M (USD)

    in 7 rounds

  • Latest Funding Round
    $28M (USD), Series B

    Feb 2022

  • Investors
  • Investments & Acquisitions

Products & Services of RedTeam Software

RedTeam Software offers a comprehensive portfolio of products and services, including Preconstruction Estimating, Project Management, Financial Management, Bid Management, and Field Management.

Preconstruction Estimating
Planning Tools

Software for accurate cost estimating in construction projects.

Project Management
Task Management

Tools for tracking progress and managing tasks in construction.

Financial Management
Financial Tools

Platform for budgeting, invoicing, and financial reporting.

Bid Management
Procurement Tools

System for handling bids and proposals in construction.

Field Management
Site Tools

Features for daily reporting and jobsite tracking.

Apps and channels of RedTeam Software

RedTeam Software publishes 2 mobile apps with over 500 downloads; its YouTube channel RedTeam has 202 subscribers and 30 videos.

Fieldlens by RedTeam
Google Play Productivity Teen Free
Developer: RedTeam Software
View on Google Play
Fieldlens by RedTeam
App Store Business 17+
Developer: RedTeam Software
View on App Store
RedTeam
YouTube 202 subscribers 30 videos Science & Technology
Open channel

Videos from RedTeam Software

The most watched videos on RedTeam Software's YouTube channel, RedTeam (202 subscribers). Click a video to play it here.

RedTeam: Total Project Control- Day in and day out
58.8K views
RedTeam: Total Project Control
57.5K views
RedTeam: Total Project Control
7.9K views
RedTeam: Built By General Contractors For General Contractors
6K views

More on RedTeam .

Funding Insights of RedTeam Software

RedTeam Software has successfully raised a total of $33.45M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $28 million completed in February 2022. 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 $33.45M
  • Total Rounds 7
  • Last Round Series B β€” $28M
  • First Round $75,000

    (Aug 2017)

  • Investors Count 4

All 7 funding rounds of RedTeam Software with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$28MSeries B–Braemont Capital
–
Sep 2020$5MSeries A–JettyCove
–
Jun 2019Series A–Riverside Acceleration Capital
–
Feb 2019Seed––
Nov 2018$299,100Seed––
–
Aug 2017$75,000Seed––
–
Aug 2017$75,000Seed––
–
Valuation history

4 investors in total: 4 institutional.

Investors in RedTeam Software

RedTeam Software has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Braemont Capital, JettyCove and RAC.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
braemont.com
JettyCove is engaged in private equity investments in technology.
jettycove.comAustin, United States
Growth capital and acceleration support are provided for B2B software companies.
riverside.acNew York, United States
Private equity and debt are provided to middle market companies.
riversidecompany.com
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Investor details for RedTeam Software

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of RedTeam Software

19 people are tracked at RedTeam Software (5 in leadership, 14 in team).

NameRoleGroup
Michael Wright
Founder & CSOLeadership
Traci VanDalsem
Vice President Of Redteam GoLeadership
Alan Volk
Vice President Of Product EngineeringLeadership
Brett Henry
Director Of Product EngineeringLeadership
Chelsie Bordino
Director Of MarketingLeadership
Fabiola Guzmán Pasco
QA AnalystTeam
José Aguilar
Senior Software DeveloperTeam
Heather Haskins
Senior Implementation SpecialistTeam
Nicole Chance
Product OwnerTeam
Kancouba Ba
Stagiaire marketingTeam
Carmen Christina Snyder
Lead EngineerTeam
Jessica P.
Sr Implementation Manager/enterprise CSMTeam
Rhonda Ward-Maynard
Implementation SpecialistTeam
Sean Malone
Senior Engineering ArchitectTeam
Jon Riley
Principal UX DesignerTeam
Jennifer Leacock
Product ManagerTeam
Sarah Neiheisel
Senior Enablement ManagerTeam
Katherine Melvin
Industry Marketing ManagerTeam
Cary Melly
Subject Matter Expert For Mobile AppsTeam
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Investments & Acquisitions by RedTeam Software

RedTeam Software has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Paskr.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based construction project management software is provided by Paskr.
paskr.comNashville, United States2004Feb 2022β€’β€’β€’β€’
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Complete acquisition details for RedTeam Software

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Timeline of RedTeam Software

4 dated milestones of RedTeam Software across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded RedTeam Software is founded.
  2. Funding First funding round of $75K.
  3. Funding Latest funding round, Series B, of $28.0M.
  4. Acquisition Acquires Paskr.

Competitors of RedTeam Software

RedTeam Software has 3 listed competitors in our database, 2 of them funded. They include Procore, Hover and Hyphen Solutions.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
procore.com2003Carpinteria, United States$406.15M3,164
SaaS project management software is provided for construction professionals.
hover.to2011San Francisco, United States$142.3M280
Hover is recognized for providing construction and renovation software solutions.
hyphensolutions.com1998Addison, United States159
Collaboration and scheduling software is provided for home construction.
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Detailed competitors of RedTeam Software

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of RedTeam Software

The website of RedTeam Software (redteam.com) receives about 128.9K visits a month and ranks #218,345 among all websites worldwide, #2,143 in Construction and Maintenance.

  • Monthly visits
    128.9K

    ▼ 18% vs previous month

  • Unique visitors
    21.3K

    per month

  • Global rank
    #218,345

    among all websites

  • Category rank
    #2,143

    Heavy Industry and Engineering · Construction and Maintenance

Similar websites

Websites whose visitors overlap most with RedTeam Software. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
openasset.com
100%
171.3K#165,032View details
kahua.com
99%
73.8K#696,867View details
ny-engineers.com
98%
61.8K#572,781View details
mccowngordon.com
mccowngordon.com
96%
#3,205,388–
jobtread.com
93%
990.3K#36,557View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 20 similar websites and full traffic analytics for RedTeam Software

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  • Audience overlap
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Top companies in Construction & Building Tech

3 companies that operate in the same segment as RedTeam Software (Construction & Building Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
SaaS project management software is provided for construction professionals.
2003Carpinteria, California, United StatesUSD 406.15 MUSD 1.32 B4,927
Business management software is offered for home service providers.
2007Glendale, California, United StatesUSD 1.1 BUSD 960.97 M3,049
Cloud-based positioning solutions are offered for industrial sectors.
1978Sunnyvale, California, United StatesUSD 3.59 B12,100
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Related news about Redteam Software

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Complete news archive for RedTeam Software

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Frequently Asked Questions about RedTeam Software

RedTeam Software was founded in 2006 and raised its 1st funding round 11 years after it was founded.

RedTeam Software is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.

RedTeam Software is a funded company, having raised a total of $33.45M across 7 funding rounds to date. The company's 1st funding round was a Seed of $75K, raised on Aug 2017.

RedTeam Software was founded in 2006 in Orlando, United States, focusing on the construction sector. SaaS-based project management tools are supplied through modules for business development, pre-construction, project execution, financial tracking, and closeout phases. Customer relations, contractors, work orders, punch lists, employee hours, documents, progress, and reports are managed via the platform. Mobile applications are accessible on iOS and Android devices.

RedTeam Software's top competitors include Procore, Hover and Hyphen Solutions.

RedTeam Software offers Preconstruction Estimating, Project Management, Financial Management, Bid Management, and Field Management.

RedTeam Software has made 1 acquisition, including Paskr.

RedTeam Software has 4 investors. Key investors include Braemont Capital, JettyCove, RAC, and The Riverside Company.

RedTeam Software operates through Redteam Software, Llc.

Yes. RedTeam Software publishes Fieldlens by RedTeam and 1 more app, with over 500 downloads.

The website of RedTeam Software receives about 129 thousand visits a month and ranks #218,345 among all websites worldwide.

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