RapidMiner
Troy, Michigan, United States
2020 Revenue
$7.5M
Customers
250K
Funding
$37.2M
Avg ACV
$30
Team · 2023
1K
Founded
2007
RapidMiner Revenue & Funding (2020)
RapidMiner generated $7.5M in revenue 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.
Last updated
RapidMiner Revenue
In 2020, RapidMiner's revenue reached $7.5M.
| Year | Milestone | Source |
|---|---|---|
| 2020 | RapidMiner Hit $7.5m revenue in August 2020 | Not recorded |
| 2007 | Launched with $0 revenue |
RapidMiner Valuation, Funding Rounds
RapidMiner has not publicly disclosed its valuation. The company has raised $37.2M in total funding to date.
RapidMiner has raised $37.2M in total funding across 4 rounds, most recently a $1.2M Venture round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Venture | $1.2M | - | - | Not recorded |
| 2016 | Series C | $16M | - | - | Not recorded |
| 2015 | Series B | $15M | - | - | Not recorded |
| 2013 | Series A | $5M | - | - | Not recorded |
Founder / CEO
We don't have RapidMiner's Founder / CEO on record yet.
Customers
RapidMiner serves 250K customers.
RapidMiner Employees & Team Size
RapidMiner employs approximately 1K people as of 2026, up from 98 in 2020, including 11 sales reps that carry a quota. It serves 250K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 1K employees (July 2023) | Not recorded |
| 2020 | Reached 98 employees (December 2020) | Not recorded |
| 2020 | Reached 50 employees (August 2020) | Not recorded |
| 2020 | Reached 104 employees (June 2020) | Not recorded |
| 2019 | Reached 93 employees (December 2019) | Not recorded |
| 2018 | Reached 96 employees (December 2018) | Not recorded |
Frequently Asked Questions about RapidMiner
Is RapidMiner still an independent company?
No. RapidMiner was acquired by Altair Engineering.
What is RapidMiner's revenue?
As of 2020, RapidMiner generated $7.5M in revenue.
How much funding does RapidMiner have?
RapidMiner raised $37.2M across 4 rounds.
How many employees does RapidMiner have?
As of 2023, RapidMiner had 1K employees.
Where is RapidMiner headquartered?
RapidMiner is headquartered in Troy, Michigan, United States.
Compare RapidMiner to the industry
RapidMiner operates across multiple industries. Browse revenue, funding, and growth data for RapidMiner in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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