Latka logo
Redis logo

Redisrevenue, valuation & funding

Database 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.ioLinkedInUpdated Oct 29, 2026
ARR
$300M
2026 · blocksandfiles.com
Latka List
#13
of 1,301 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 List, level with four others. The list ranks the 1,301 companies Nathan Latka has interviewed by revenue.

$0
$100M
$200M
$300M
$0
–
$200M
$209.8M
–
$300M
20112012–222023202420252026
ReportedEstimateFounded 2011 at $0; every reading has its own bar
All 3 revenue readings, with sources
As ofRevenueSource
Feb 2023$200MPress & News
Oct 2024$209.8MESTGetLatka estimate
2026$300Mblocksandfiles.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.

DateRoundRaisedValuationLed bySource
Apr 2021Series G$110M$2Ba new investorCompany Website
Aug 2020Series F$100M$1BBain Capital Ventures and TCVCompany Website
Feb 2019Series E$60M–a new investorCompany Website
Aug 2017Series D$44M–new investor Goldman Sachs Private Capital InvestingCompany Website
Jul 2016Series C$14M–Bain Capital Ventures and Carmel VenturesTechCrunch
Jun 2015Series B$15M–Bain Capital Ventures and Carmel VenturesCompany Website
Nov 2013Series A$9M–Bain Capital Ventures and Carmel VenturesCompany Website
Aug 2012Seed$3M–Company Website
Apr 2011Funding 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: How Redis Labs Reached 8,500 Customers and 60% Annual Growth on $78M Raised (Interview with Co-Founder and CEO Ofer Bengal)

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)

Read the interviewWatch

Redis competitors

Redis competes most directly with Hazelcast.

CompanyRevenueFundingEmployeesCustomersFounded
Redis$300M$355.6M5018.5K2011
Hazelcast$9.2M$63.6M189–2008

#1 of 43 Database Software companies by revenue · category median $3.8M · See the ranking

Redis CEO, founders & employees

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

BoardChristian Resch, Enrique Salem, David Golob

InvestorsVikas Parekh, John Curtius, Gopi Vaddi

Also at RedisDaniel Docter

Formerly at RedisCarlos Baquero, Salil Deshpande

0
250
500
750
200
351
406
636
915
501
501
2018201920202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 9 headcount readings, with sources
As ofEmployeesSource
Oct 2024501LinkedIn
Dec 2023501LinkedIn
Jul 2023501–
Dec 2022915LinkedIn
Dec 2021636LinkedIn
Dec 2020406–
Jun 2020396–
Dec 2019351–
Jul 2018200Ofer Bengal on cameraWatch at 4:48

Redis FAQ

What is Redis' revenue?

Redis' annual recurring revenue passed $300M in 2026, according to blocksandfiles.com.

What is Redis' valuation?

Investors valued Redis at $2B in its April 2021 Series G, led by a new investor, according to the company's website.

How much funding has Redis raised?

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

Who owns Redis?

Redis is privately held. Its lead investors include Bain Capital Ventures, TCV and a new investor.

How many employees does Redis have?

Redis had 501 employees in October 2024, according to LinkedIn.

Who is the CEO of Redis?

Rowan Trollope is the CEO of Redis.

Who founded Redis?

Ofer Bengal and Yiftach Shoolman founded Redis in 2011.

Browse Database Software

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 List 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 29, 2026Data disclaimerReport a correctionClaim this profile