RapidMinerrevenue, acquisition & funding
AI & Machine Learning Operationalization (MLOps) Software1820 E. Big Beaver Rd., Troy, MichiganFounded 2007
RapidMiner was acquired by Altair Engineering.
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.
RapidMiner revenue
RapidMiner's annual revenue was $7.5M in August 2020, its last figure before Altair Engineering bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Aug 2020 | $7.5M | – |
– source not recorded
Who owns RapidMiner
Altair Engineering owns RapidMiner. The date and price of the deal are not on record.
RapidMiner funding rounds & investors
RapidMiner has raised $37.2M across four rounds since 2013. The latest was a $1.2M funding round in October 2020.
| Date | Round | Raised |
|---|---|---|
| Oct 2020 | Venture | $1.2M |
| Jan 2016 | Series C | $16M |
| Feb 2015 | Series B | $15M |
| Nov 2013 | Series A | $5M |
| Total raised | $37.2M |
RapidMiner employees
RapidMiner had 1,001 employees (July 2023).
BoardLuke Burns, Ingo Mierswa, Jason Whitmire, Ralf Wahlsten, Nilanjana Bhowmik
All 6 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Jul 2023 | 1,001 | – |
| Dec 2020 | 98 | – |
| Aug 2020 | 50 | – |
| Jun 2020 | 104 | – |
| Dec 2019 | 93 | – |
| Dec 2018 | 96 | – |
RapidMiner FAQ
What was RapidMiner's revenue?
Before Altair Engineering bought it, RapidMiner's annual revenue was $7.5M in August 2020 (source not recorded).
Who owns RapidMiner?
Altair Engineering owns RapidMiner.
How much funding has RapidMiner raised?
RapidMiner raised $37.2M across four funding rounds before Altair Engineering bought it. The last was a $1.2M funding round in October 2020.
How many employees does RapidMiner have?
RapidMiner had 1,001 employees in July 2023.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun RapidMiner? Join the podcast