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Rechat Revenue & Funding (2024)

Provider of a communication platform designed to offer a common platform for real estate agents and brokers to communicate with their clients. The company's communication platform helps brokers to participate in real-time messaging rather than communicating via email and work with a client from inquiry to touring to the close of a deal, enabling clients to get transparent communication from the brokers.

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Rechat Revenue

In 2024, Rechat's revenue reached $2.2M. The company previously reported $1.3M in 2023. Since its launch in 2014, Rechat has shown consistent revenue growth.

Rechat Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$500K$1M$1.5M$2M$2.5M201420162018202020222024$0$1.4M$2.2MSource: GetLatka.com
YearMilestoneSource
2024Rechat Hit $2.2m revenue in October 2024Estimated
2023Rechat Hit $1.3m revenue in December 2023Estimated
2021Rechat Hit $1.4m revenue in April 2021
2014Launched with $0 revenue

Rechat Valuation, Funding Rounds

Rechat has not publicly disclosed its valuation. The company has raised $2M in total funding to date.

Rechat has raised $2M in total funding across 1 round, with its most recent round in 2016.

Rechat Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$500K$0.4$1M$0.6$1.5M$0.8$2M$1$2.5M201420152016Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2016Funding round$2M--

Founder / CEO

Shayan Hamidi

CEO

He is a tech leader with over 15 years in the SaaS and internet solutions space, with a particular focus on real estate professionals and clients by providing integrated CRM solutions to manage, simplify, and reimagine what the real estate market could be. In his current work as the Founder and CEO at Rechat; he work alongside a talented team of designers and engineers in California and Texas in order to provide an all-encompassing solution for real estate professionals to plan, create targeted listings, extend your listing reach, and simplifying the overall organizational management and automation for flow and sales, scheduling. He is quite proud of the tool that his team has worked so hard on, and its ability to create a true one-stop-shop, as well a way to drip market, and provide you valuable data on your clients and visitors. How does a tech guy get into real estate? Well, back in 2009, he had a really bad experience buying and selling a home, so he joined forces with a few developers and founded TheRedPin, a mission-oriented startup, Canada’s first online brokerage, and Canada's largest real estate technology startup. He have been able to take his companies from concept to product planning and development to expansion and high growth. He is able to accomplish all of this by finding the right people to grow in those positions, leading cross-functional and cross-cultural teams of all sizing, raising millions of dollars in capital, and continually exceeding our monthly projections. Outside of his work, he love outdoor activities like biking, skiing, swimming, running, and cross-fit. But he is most excited whenever he get the chance to be with his two children. However, he also enjoy reading non-fiction, cooking, and wine tasting. His fun fact at any get together is that He is a certified Level 1 Sommelier. Core Competencies: Technology -Software Development -Start-up Management -Venture Capital -Data Mining - SaaS Leadership - Business Process improvement -Six Sigma -Customer Relationship Management (CRM) - Real Estate Business Development -Communication -Ninja Selling -Negotiation

Q&A

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Customers

We do not have customer count information for Rechat yet.

Rechat Employees & Team Size

Rechat employs approximately 39 people as of 2026.

Rechat Team GrowthReported headcount over time01325385063201420162018202020222024003939Source: GetLatka.com
YearMilestoneSource
2024Reached 39 employees (October 2024)
2023Reached 39 employees (December 2023)
2022Reached 44 employees (December 2022)
2021Reached 49 employees (December 2021)
2021Reached 18 employees (April 2021)

Frequently Asked Questions about Rechat

What is Rechat's revenue?

Rechat generates an estimated $2.2M in annual revenue.

Who founded Rechat?

Rechat was founded by Shayan Hamidi.

Who is the CEO of Rechat?

The CEO of Rechat is Shayan Hamidi.

How much funding does Rechat have?

Rechat raised $2M across 1 round.

How many employees does Rechat have?

Rechat has 39 employees.

Where is Rechat headquarters?

Rechat is headquartered in Dallas, Texas, United States.

Compare Rechat to the industry

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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Rechat Revenue 2024: $2.2M Est. ARR, $2M Raised