RapidMiner revenue hit $7.5M in 2024

RapidMiner generates revenue from 250000 customers

RapidMiner

1820 E. Big Beaver Rd., Troy, Michigan, United States

About Company RevenueFundingTeamCustomersCEO Net Worth

How RapidMiner hit $7.5M revenue and 250K customers in 2020.

RapidMiner is a leading provider of enterprise-grade, open-source data science and machine learning platform. The software platform is designed to help businesses and data scientists extract valuable insights from data and make informed decisions. With a suite of tools for data preparation, machine learning, and predictive analytics, RapidMiner helps businesses to build and deploy predictive models at scale. RapidMiner also offers a marketplace of pre-built models, integrations with popular data sources, and a community of data scientists to help users get the most out of the platform. The company's mission is to democratize data science and make advanced analytics accessible to everyone.

Founded

2007

Founded

Revenue

$7.5M

2020 Revenue

YOY

-----

YOY

Funding

$37.2M

Funding

RapidMiner Revenue

In 2020, RapidMiner revenue run rate hit $7.5M in revenue.

  • 2020

    RapidMiner hit $7.5M in revenue in 2020

  • 2007

    RapidMiner launched in 2007 with $0 revenue

RapidMiner Funding History

  • 2020 Venture Round

    RapidMiner raised a Venture Round of in October, 2020

  • 2016 Series C

    RapidMiner raised a Series C of in January, 2016

  • 2015 Series B

    RapidMiner raised a Series B of in February, 2015

  • 2013 Series A

    RapidMiner raised a Series A of in November, 2013

FUNDING DATE ROUND AMOUNT VALUATION
October, 02 2020 Venture Round
January, 05 2016 Series C
February, 18 2015 Series B
November, 04 2013 Series A

Team

RapidMiner has 1,001 total employees and 11 sales reps that carry a quota. They have 250,000 customers an engineering team of 29 and a marketing team of 8.

DISTRIBUTION QTY
Total team size 1K
Engineer 29 (3%)
Sales 11 (1%)
Marketing 8 (1%)

Customers

Churn

RapidMiner Board of Directors

Name Position Working Email Personal Email
Luke Burns Board Member [email protected] -
Ingo Mierswa Board Member [email protected] -
Jason Whitmire Board Member [email protected] -
Ralf Wahlsten Board Member [email protected] -
Nilanjana Bhowmik Board Member - -

Frequently Asked Questions about RapidMiner

  • When was RapidMiner founded?

    RapidMiner was founded in 2007.

  • How much revenue does RapidMiner generate?

    RapidMiner generates $7.5M in revenue.

  • How much funding does RapidMiner have?

    RapidMiner raised $37.2M.

  • How many employees does RapidMiner have?

    RapidMiner has 1K employees.

  • Where is RapidMiner headquarters?

    RapidMiner is headquartered at 1820 E. Big Beaver Rd., Troy, Michigan, United States

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