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RapidMiner revenue hit $7.5 million in 2023

RapidMiner generates revenue from 250000 customers

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RapidMiner

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

How RapidMiner hit $7.5M revenue and 250K customers in 2023.

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

2023 Revenue

YOY
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YOY

Funding

$37.2M

Funding


RapidMiner Revenue

In 2023, 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

$7.5M

RapidMiner Funding History

  • 2020 Venture Round

    RapidMiner raised a Venture Round of $1.2M

  • 2016 Series C

    RapidMiner raised a Series C of $16M

  • 2015 Series B

    RapidMiner raised a Series B of $15M

  • 2013 Series A

    RapidMiner raised a Series A of $5M

FUNDING DATEROUNDAMOUNTVALUATION
10/02/2020 Venture Round $1.2M
01/05/2016 Series C $16M
02/18/2015 Series B $15M
11/04/2013 Series A $5M

Team

RapidMiner has 1001 total employees and 11 sales reps that carry a quota. They have 250000 customers an engineering team of 29 and a marketing team of 8

2018201920202023-3▼12▲863▲
DISTRIBUTIONQTY
Total team size
1001
Engineer
29(3%)
Sales
11(1%)
Marketing
8(1%)

CEO/Founder

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Customers

RapidMiner has 250K customers.

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$0024681012
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$ Funding$ Revenue

RapidMiner Board of Directors

NamePositionWorking EmailPersonal Email
Luke BurnsBoard Memberluke@tendo.tech-
Ingo MierswaBoard Memberimierswa@altair.com-
Jason WhitmireBoard Memberjason@blueyard.com-
Ralf WahlstenBoard Memberralf@openocean.vc-
Nilanjana BhowmikBoard Member--

RapidMiner Executives

NamePositionWorking EmailPersonal Email

RapidMiner Employees

NamePositionWorking EmailPersonal Email
Luke Burns Board Memberluke@tendo.tech-
Ingo Mierswa Board Memberimierswa@altair.com-
Jason Whitmire Board Memberjason@blueyard.com-
Ralf Wahlsten Board Memberralf@openocean.vc-
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 1001 employees.

Where is RapidMiner headquarters?

RapidMiner is headquartered in United States


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