Redactive - About the company
Redactive is a seed company based in Melbourne (Australia), founded in 2023 by Alexander Valente, Andrew Pankevicius and Lucas Sargent. It operates as a Developer of generative AI applications. Redactive has raised $7.5M in funding from Felicis Ventures and Blackbird Ventures. The company has 62 active competitors, including 9 funded and 3 that have exited. Its top competitors include companies like Savant Labs, Boost.space and IFTTT.
Company Details
Developer of generative AI applications. The platform provides data connectors, authentication flows, and other infrastructure to allow developers to integrate AI models with live business data sources with data security and access controls. Features include access to customer data sources, managed data pipelines, and more.
- Website
- www.redactive.ai/
- Email ID
- *****@redactive.ai
Key Metrics
Founded Year
2023
Location
Melbourne, Australia
Stage
Seed
Total Funding
$7.5M in 1 round
Latest Funding Round
Investors
Ranked
8th among 62 active competitors
Legal entities associated with Redactive
Redactive is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
REDACTIVE SOFTWARE PTY LTD CIN: 669948574 , Australia, Active | Jul 23, 2023 | - | - | - |
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Redactive's funding and investors
Redactive has raised a total funding of $7.5M over 1 round. Its latest funding round was a Seed round on Jul 02, 2024 for $*****. 4 investors participated in its latest round. Redactive has 4 institutional investors.
Here is the list of recent funding rounds of Redactive:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 02, 2024 | 1880868 | Seed | 1226689 | 5352028 | 4484771 | 1558209 |
View details of Redactive's funding rounds and investors
Redactive's founders and board of directors
Founder? Claim ProfileHere are the details of Redactive's key team members:
- Alexander Valente: Co-Founder of Redactive. Contact Info: 1 email address
- Andrew Pankevicius: Co-Founder of Redactive. Contact Info: 1 email address
- Lucas Sargent: Co-Founder & CTO of Redactive. Contact Info: 1 email address
View details of Redactive's Founder profiles and Board Members
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Redactive's Competitors and alternates
Top competitors of Redactive include Savant Labs, Boost.space and IFTTT. Here is the list of Top 10 competitors of Redactive, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Savant Labs 2021, San Carlos (United States), Series A | Provider of an automation platform for business analytics with agentic AI | $29.5M | 62/100 | |
2nd | Boost.space 2017, Prague (Czech Republic), Seed | Cloud-based project management software provider | $3.49M | 56/100 | |
3rd | IFTTT 2010, San Francisco (United States), Series C | Conditional workflows for integrating applications and devices | $63M | 52/100 | |
4th | Platform offering conditional workflow solution | - | - | 46/100 | |
5th | Platform offering workflow automation software | $5M | 42/100 | ||
6th | Substrate 2023, New York City (United States), Seed | Developer of a platform for building and running multi-step AI workloads | $8M | 41/100 | |
7th | Aviator 2021, San Francisco (United States), Funding Raised | Platform offering workflow automation software | - | 41/100 | |
8th | Developer of generative AI applications | $7.5M | 36/100 | ||
9th | Trigger 2022, London (United Kingdom), Seed | Platform offering workflow automation solution | $3.5M | 34/100 | |
10th | Mindsmiths 2019, Zagreb (Croatia), Unfunded | Platform developing AI agents for multiple industries | - | - | 33/100 |
Looking for more details on Redactive's competitors? Click here to see the top ones
Redactive's Investments and acquisitions
Redactive has made no investments or acquisitions yet.
News related to Redactive
•
Redactive bags $11.5m for enterprise-grade GenAI engineer serviceBusiness News Australia•Jul 03, 2024•Redactive, Blackbird Ventures, Felicis Ventures, Atlassian and 2 others
•
Granza Bio grabs $7M seed from Felicis and YC to advance delivery of cancer treatmentsTechCrunch+•Jul 03, 2024•Granza Bio, Felicis Ventures, Redactive, Blackbird Ventures and 10 others
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