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Developer of open-information extraction software designed to provide immediate answers to various data analysis reports. The company's software automatically searches, analyzes and extracts decision-making criteria from thousands of publicly available RFPs and grants each day, enabling government contractors, institutions and universities to search, pre-qualify, track and extract relevant information from publically available RFPs (requests for proposals) and grant documents to review opportunities with minimal manual intervention.
Last updated
In 2024, RedShred's revenue reached $1.4M. The company previously reported $638.8K in 2023. Since its launch in 2014, RedShred has shown consistent revenue growth.
RedShred is a bootstrapped Natural Language Processing (NLP) Software startup. Founded in 2014, RedShred has grown to $1.4M in revenue without raising any venture capital or outside funding.
As a self-funded Natural Language Processing (NLP) Software SaaS company, RedShred has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for RedShred yet.
RedShred employs approximately 15 people as of 2026.
RedShred generates an estimated $1.4M in annual revenue.
RedShred was founded by Jeehye Yun.
The CEO of RedShred is Jeehye Yun.
RedShred is bootstrapped and has not raised outside funding.
RedShred has 15 employees.
RedShred is headquartered in Catonsville, Maryland, United States.
RedShred operates across multiple industries. Browse revenue, funding, and growth data for RedShred in each sector below.
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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2024 Revenue
$1.4M(Est.)
Funding
$0
Team
15
Founded
2014
| Year | Milestone | Source |
|---|---|---|
| 2024 | RedShred Hit $1.4m revenue in October 2024 | Estimated |
| 2023 | RedShred Hit $638.8k revenue in December 2023 | Estimated |
| 2021 | RedShred Hit $234.9k revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 15 employees (October 2024) | |
| 2023 | Reached 15 employees (December 2023) | |
| 2022 | Reached 13 employees (December 2022) | |
| 2021 | Reached 11 employees (December 2021) | |
| 2021 | Reached 10 employees (April 2021) |
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