Redisrevenue, valuation & funding

Other Analytics SoftwareSan Francisco, CaliforniaFounded 2011CEO Rowan Trollope

Redis develops the Redis in-memory database and sells it as a managed cloud service (Redis Cloud) and as on-premises software (Redis Software) for caching, real-time data, vector search and AI agent memory.

redis.io LinkedInUpdated Oct 15, 2026

ARR: $300M; 2026 · blocksandfiles.com
Latka Top: #13; of 1,372 interviewed companies
Valuation: $2B; Apr 2021
Total raised: $355.6M; 9 rounds
Employees: 501; Oct 2024

Redis revenue & ARR

Redis' annual recurring revenue passed $300M in 2026 (blocksandfiles.com). Redis is #13 on the Latka Top, level with four others. The Latka Top ranks the 1,372 companies Nathan Latka has interviewed by revenue.

As of	Revenue	Source
Feb 2023	$200M	Press & News
Oct 2024	$209.8MEST.	GetLatka estimate
2026	$300M	blocksandfiles.com

Redis valuation

Redis is privately held, so there is no Redis stock to buy. Investors valued it at $2B in its April 2021 Series G, led by a new investor.

Valuation history$2B Series G 2021$1B Series F 2020

Redis funding rounds & investors

Redis has raised $355.6M across nine rounds since 2011. The latest was a $110M Series G in April 2021, led by a new investor.

Date	Round	Raised	Valuation	Led by	Source
Apr 2021	Series G	$110M	$2B	a new investor	Company Website
Aug 2020	Series F	$100M	$1B	Bain Capital Ventures and TCV	Company Website
Feb 2019	Series E	$60M	–	a new investor	Company Website
Aug 2017	Series D	$44M	–	new investor Goldman Sachs Private Capital Investing	Company Website
Jul 2016	Series C	$14M	–	Bain Capital Ventures and Carmel Ventures	TechCrunch
Jun 2015	Series B	$15M	–	Bain Capital Ventures and Carmel Ventures	Company Website
Nov 2013	Series A	$9M	–	Bain Capital Ventures and Carmel Ventures	Company Website
Aug 2012	Seed	$3M	–		Company Website
Apr 2011	Funding round	$600K	–		–
	Total raised	$355.6M

Interviews with Ofer Bengal

Nathan Latka has interviewed Redis once, speaking with Ofer Bengal. Each figure links to the second it was said.

Watch

July 2018 · Ofer Bengal, Co-Founder and CEO

How Redis Labs Reached 8,500 Customers and 60% Annual Growth on $78M Raised (Interview with Co-Founder and CEO Ofer Bengal)

Customers8,500Watch at 7:43
Free users100,000Watch at 4:27
Average contract$60K a year (software customers)Watch at 6:51
Net revenue retentionabove 100%Watch at 15:05
Gross churnless than 10% a yearWatch at 15:54
Growth60%Watch at 9:03
+2 more

Read the interview Watch

Redis competitors

Redis competes most directly with Hazelcast.

Company	Revenue	Funding	Employees	Customers	Founded
Redis	$300M	$355.6M	501	8.5K	2011
Hazelcast	$9.2M	$63.6M	189	–	2008

Redis CEO, founders & employees

Ofer Bengal and Yiftach Shoolman founded Redis in 2011. Rowan Trollope is CEO. Redis has 501 employees (October 2024, LinkedIn).

Rowan TrollopeCEO
Ofer BengalCo-Founder & Chairman
1 interview
Yiftach ShoolmanCo-Founder & President

BoardChristian Resch, Enrique Salem, David Golob

InvestorsVikas Parekh, John Curtius, Gopi Vaddi

Also at RedisDaniel Docter

Formerly at RedisCarlos Baquero, Salil Deshpande

250

500

750

200

351

406

636

915

501

2018201920202021202220232024

ReportedOne figure per year; a reported figure wins over an estimate

All 9 headcount readings, with sources

As of	Employees	Source
Oct 2024	501	LinkedIn
Dec 2023	501	LinkedIn
Jul 2023	501	–
Dec 2022	915	LinkedIn
Dec 2021	636	LinkedIn
Dec 2020	406	–
Jun 2020	396	–
Dec 2019	351	–
Jul 2018	200	Ofer Bengal on cameraWatch at 4:48

Redis FAQ

How much money does Redis make?

Redis brings in about $300M a year: its annual recurring revenue was $300M in 2026, according to blocksandfiles.com.

How much is Redis worth?

Companies don't publish a net worth. The closest figure is Redis' valuation: $2B, set in Apr 2021.

Who owns Redis?

Redis is privately held by its founders, employees and investors, including Bain Capital Ventures, TCV and a new investor.

Is Redis publicly traded?

No. Redis is a private company, so its shares are not listed on a stock exchange.

How much funding has Redis raised?

$355.6M across 9 rounds; the latest was a $110M Series G in April 2021.

Who is the CEO of Redis?

Rowan Trollope.

Who founded Redis?

Ofer Bengal and Yiftach Shoolman, in 2011.

How many employees does Redis have?

About 501 as of October 2024 (LinkedIn).

How this page is sourced

9 said on camera · 14 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice. The Latka Top ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.

Updated Oct 15, 2026Data disclaimer Report a correction Claim this profile