Latka logo

How Rechat CEO Shayan Hamidi grew to $2.2M revenue with a 39 person team in 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.

Last updated

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$0$500K$1M$1.5M$2M$2.5M201420162018202020222024$0$1.4M$2.2MSource: GetLatka.com
YearMilestoneQuote
2024Rechat Hit $2.2m revenue in October 2024
2023Rechat Hit $1.3m revenue in December 2023
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% SoldQuote
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

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

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
YearMilestone
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.

Claim this profile

People Also Viewed

Syndeo.cx logo

Syndeo.cx

Developer of a conversational platform intended to communicate with customers in the right place, at the right time. The company's platform is an intelligent virtual assistant that qualifies leads, communicates with customers and improves customer service, enabling clients to help improve their sales performance while reducing their office running costs.

Salaso Health Solutions logo

Salaso Health Solutions

Provider of online physiotherapy prescription services intended to offer practice exercise rehabilitation to people everywhere. The company's online physiotherapy prescription services are offered through a software that provides exercise videos to patients through smartphone, tablet or computer along with an e-learning tool to engage patients with the content and ensure adherence to the home exercise program, enabling healthcare professionals to deliver physiotherapy exercises to their patients and ensure their recovery.

SmartGames logo

SmartGames

Provider of children's edutainment media services intended to license, produce and distribute kids' IP in the Greater China Region. The company's wide-range of licensing agreements with US/European children's brands and distribution partnerships enable parents to have a trusted source of excellent, educational and fun videos, apps and merchandise for young children.

Spectrm logo

Spectrm

Make messaging your #1 CRM channel to build lifelong customer relationships. Spectrm is the conversational marketing platform that powers many of the world's leading chatbots. From disruptors to Fortune 100 companies, teams rely on Spectrm’s platform, conversational AI and customer success to design experiences for their customers. The era of chatbot hype is over. Personalizing customer experience at scale in 1:1 conversations is a reality. The future of commerce is conversational and the opportunities are limitless. Our mission is to give you superpowers to build a bot that your customers love. Think of Spectrm as mission control for launching your brand into the conversational marketing stratosphere. Our approach is simple. Great tech makes it possible. Great humans make it successful. Conversational marketing is a new frontier. Unlock its full potential by combining your creativity with our powerful marketing technology and experienced human touch. We empower you with all the tools you need to crush your marketing goals. With dedicated customer success that supports you with best practices every step of the way. Brands all over the world trust Spectrm to have better conversations with their customers. Want to build customer relationships that convert at scale with and launch a chatbot you’re proud of? Get in touch.

Waitry logo

Waitry

Developer of an ordering mobile application designed to facilitate customers to make reservations, orders and bill payments. The company's mobile application facilitates reservation making, food ordering as well as bill payments from restaurants, hotels, stadiums, theaters as well as workplace, enabling customers to make their order, interact with the staff directly from their cellphone, join group orders, split the bill and pay.

HPK PVT LTD logo

HPK PVT LTD

HosterPK is one of top web hosting service providers in Pakistan. We offer reliable and affordable shared (including aspnet and specific WordPress, joomla packages), VPS and dedicated server hosting and domain registrations!