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Valuation

$6.2M

2021 Revenue

$2.1M

Funding

$0

Team

24

Founded

1980

How Red River Software CEO Alan Dumas grew to $2.1M revenue with a 24 person team in 2021.

Developer of operations and accounting software.The company develops operations and accounting software for specialized industries including convenience stores, petroleum dealers, energy production and back offices.

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Red River Software Revenue

In 2021, Red River Software's revenue reached $2.1M. Since its launch in 1980, Red River Software has shown consistent revenue growth.

Red River Software Revenue GrowthReported revenue / ARR over time$0$500K$1M$2M$2M$3M1980198219841986198819901992199419961998200020022004200620082010201220142016201820202021$0$2MSource: GetLatka.com
YearMilestoneQuote
2021Red River Software Hit $2.1m revenue in April 2021
1980Launched with $0 revenue

Red River Software Valuation, Funding Rounds

Red River Software's most recent disclosed valuation is $6.2M.

Red River Software is a bootstrapped Other Vertical Industry Software startup. Founded in 1980, Red River Software has grown to $2.1M in revenue without raising any venture capital or outside funding.

As a self-funded Other Vertical Industry Software SaaS company, Red River Software has built its business with no outside investment.

Red River Software Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11980Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Alan Dumas

In his role as president of Accunet Solutions, Alan works with other members of the management team to steer the Company’s strategic direction and to help manage its overall operations. Alan brings more than 25 years of experience in IT and systems integration sales and operations to his position. While he oversees all aspects of the Company’soperations, Alan focuses most of his efforts on customers through his leadership of the sales, business development and operations management functions.
 Prior to starting Accunet Solutions in 1997, Alan was VP of Sales for Vertex, Inc., a global provider of systems integration services. In that position, he had overall responsibility for managing sales and operations for all of North America and Europe. Earlier in his career, Alan was an Account Manager with Anixter, a global distributor of voice and data products before being recruited by Vertex to open an office in New Jersey. Alan holds a Bachelor’s Degree from Furman University.

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Customers

We do not have customer count information for Red River Software yet.

Red River Software Employees & Team Size

Red River Software employs approximately 24 people as of 2026.

Red River Software Team GrowthReported headcount over time06121824301980198219841986198819901992199419961998200020022004200620082010201220142016201820202021002424Source: GetLatka.com
YearMilestone
2021Reached 24 employees (April 2021)

Frequently Asked Questions about Red River Software

What is Red River Software's revenue?

Red River Software generates $2.1M in revenue.

Who founded Red River Software?

Red River Software was founded by Alan Dumas.

Who is the CEO of Red River Software?

The CEO of Red River Software is Alan Dumas.

How much funding does Red River Software have?

Red River Software raised $0.

How many employees does Red River Software have?

Red River Software has 24 employees.

Where is Red River Software headquarters?

Red River Software is headquartered in Fargo, North Dakota, United States.

Compare Red River Software to the industry

Red River Software operates across multiple industries. Browse revenue, funding, and growth data for Red River Software 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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