RedStone - About the company
RedStone is a series A company based in Baar (Switzerland), founded in 2021. It operates as a Provider of decentralised oracle network. RedStone has raised $22.9M in funding from investors like Cherry Ventures, Arrington Capital and Lemniscap. The company has 242 active competitors, including 53 funded and 13 that have exited. Its top competitors include companies like Behavox, Chainlink and Concordium.
Company Details
- Website
- www.redstone.finance/
- Email ID
- *****@redstone.finance
Key Metrics
Founded Year
2021
Location
Baar, Switzerland
Stage
Series A
Total Funding
$22.9M in 5 rounds
Latest Funding Round
Investors
Ranked
5th among 242 active competitors
Employee Count
65 as on Jun 30, 2026
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RedStone's funding and investors
RedStone has raised a total funding of $22.9M over 5 rounds. Its first funding round was on Jul 13, 2021. Its latest funding round was a Series A round on Jul 02, 2024 for $*****. 11 investors participated in its latest round. RedStone has 31 institutional investors and 8 angel investors.
Here is the list of recent funding rounds of RedStone:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 02, 2024 | 8102767 | Series A | 3884916 | 5749422 | 1775237 | 3420936 |
May 23, 2023 | 3135811 | Angel | 6223770 | 6969224 | 6905372 | |
Mar 29, 2023 | 7150616 | Seed | 4654333 | 5764268 | 8112666 |
View details of RedStone's funding rounds and investors
RedStone's founders and board of directors
Founder? Claim ProfileRedStone's employee count trend
RedStone has 65 employees as of Jun 26. Here is RedStone's employee count trend over the years:
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RedStone's Competitors and alternates
Top competitors of RedStone include Behavox, Chainlink and Concordium. Here is the list of Top 10 competitors of RedStone, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Behavox 2014, London (United Kingdom), Series C | Provider of AI-driven platform for regulatory compliance and risk management | $343M | 72/100 | |
2nd | Chainlink 2017, Cayman Islands, Acquired | Decentralized Oracle network to support smart contracts | - | 69/100 | |
3rd | Concordium 2018, Cham (Switzerland), Series B | Layer-1 blockchain protocol focused on identity-first | $15M | 67/100 | |
4th | Merkle Science 2018, Singapore (Singapore), Series B | Blockchain analytics platform for cryptocurrency risk and threat detection | $25.6M | 66/100 | |
5th | RedStone 2021, Baar (Switzerland), Series A | Provider of decentralised oracle network | $22.9M | 63/100 | |
6th | Lukka 2014, Cheshire (United Kingdom), Series E | Provider of enterprise data management SaaS for digital assets | $209M | 60/100 | |
7th | Eunice 2022, London (United Kingdom), Seed | AI-powered platform for digital asset compliance and due diligence | $8M | 59/100 | |
8th | Provider of AI-powered compliance solutions for financial services and fintechs | $22M | 59/100 | ||
9th | Space and Time 2022, Los Angeles (United States), Series A | Provider of a data blockchain securing onchain finance and data | $50M | 59/100 | |
10th | Notabene 2020, New York City (United States), Series B | Provider of crypto travel rule compliance and transaction authorization solutions | $26.6M | 57/100 |
Looking for more details on RedStone's competitors? Click here to see the top ones
RedStone's Investments and acquisitions
RedStone has made 3 investments in companies including Osero and Chipmetrics. RedStone has also acquired 1 companies including Credora.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 12, 2026 | Investments | 2025 | George Town (Malaysia) | |
Sep 10, 2025 | Acquisition | 2019 | San Rafael (United States) | |
Jan 24, 2024 | Investments | 2020 | Joensuu (Finland) |
Reports related to RedStone
Here is the latest report on RedStone's sector:
News related to RedStone
Media has covered RedStone for a total of 19 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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INXM Raises €5.7 Million Pre-Seed Funding to Automate Enterprise Processes with AIStartup Rise EU•Jun 03, 2026•RedStone, Cherry Ventures, Linden, Angel Invest Ventures and 2 others
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German Encosa Raises €25M In Seed Funding For Battery Storage SolutionsStartup Rise EU•Jun 01, 2026•Encosa Energy, Realyze Ventures, Bayern Kapital, Heliad and 3 others
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RedStone Launches Stellar Network Oracle InfrastructureCrowdfund Insider•Mar 11, 2026•RedStone, Stellar
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Finland’s Carbonaide raises €3.7 million to turn building materials into a carbon sinkEU-Startups•Jan 28, 2026•Helkama, 0Cf, Vantaan Energia, Carbonaide and 4 others
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Addressing Europe’s obesity burden, French MedTech startup Annette closes €2 million round for structured GLP-1 supportEU-Startups•Dec 04, 2025•Annette, RedStone, Ring Capital, Ventech and 5 others
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Noteless scoops €3.5M to cut doctor paperwork with AI clinical notesTech Funding News•Nov 27, 2025•, Futurum Ventures, Farvatn Venture, RedStone
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