Latka logo

How Red Cat Holdings CEO Jeff Thompson grew Red Cat Holdings to $17.8M revenue with a 25 person team in 2024.

Red Cat is a leading provider of secure blockchain-based distributed storage, analytics and SaaS for the drone industry. Through its innovative solutions and leadership, Red Cat provides solutions for regulators to track and review flight data, insurance companies to insure drones, and pilots needed to become compliant with regulators. Red Cat's success is driven by a commitment to deliver unrivaled innovation that makes drones trackable, accountable and the sky a safer place.

Last updated

Red Cat Holdings Revenue

In 2024, Red Cat Holdings's revenue reached $17.8M. The company previously reported $1.6M in 2024. Since its launch in 2016, Red Cat Holdings has shown consistent revenue growth.

Red Cat Holdings Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M201620172018201920202021202220232024$0$377K$994K$18MSource: GetLatka.com
YearMilestoneQuote
2024Red Cat Holdings Hit $17.8m revenue in November 2024Source
2024Red Cat Holdings Hit $1.6m revenue in October 2024
2023Red Cat Holdings Hit $994k revenue in December 2023
2021Red Cat Holdings Hit $376.5k revenue in April 2021
2016Launched with $0 revenue

Red Cat Holdings Valuation, Funding Rounds

Red Cat Holdings is a bootstrapped Drone Analytics Software startup. Founded in 2016, Red Cat Holdings has grown to $17.8M in revenue without raising any venture capital or outside funding.

As a self-funded Drone Analytics Software SaaS company, Red Cat Holdings has built its business with no outside investment.

Red Cat Holdings Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120162016 cumulative: $0 • 2016 Founded: $02016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote

Red Cat Holdings Employees & Team Size

Red Cat Holdings employs approximately 25 people as of 2026.

Red Cat Holdings has 25 total employees in different roles and functions.

Red Cat Holdings Team GrowthReported headcount over time0612182430201620172018201920202021202220232024002525Source: GetLatka.com
YearMilestone
2024Reached 25 employees (October 2024)
2023Reached 25 employees (December 2023)
2022Reached 24 employees (December 2022)
2021Reached 19 employees (December 2021)
2021Reached 7 employees (April 2021)

Founder / CEO

Jeff Thompson

Jeff Thompson is listed as Founder / CEO at Red Cat Holdings.

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 Red Cat Holdings yet.

Frequently Asked Questions about Red Cat Holdings

What is Red Cat Holdings's revenue?

Red Cat Holdings generates $17.8M in revenue.

Who founded Red Cat Holdings?

Red Cat Holdings was founded by Jeff Thompson.

Who is the CEO of Red Cat Holdings?

The CEO of Red Cat Holdings is Jeff Thompson.

How much funding does Red Cat Holdings have?

Red Cat Holdings raised $0.

How many employees does Red Cat Holdings have?

Red Cat Holdings has 25 employees.

Where is Red Cat Holdings headquarters?

Red Cat Holdings is headquartered in Humacao, Puerto Rico.

Compare Red Cat Holdings to the industry

Red Cat Holdings operates across multiple industries. Browse revenue, funding, and growth data for Red Cat Holdings in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Red Cat Holdings Revenue 2024: $17.8M ARR (Bootstrapped)