RedSky IT
Valuation
$20.2M
2021 Revenue
$6.7M
Customers
4K
Funding
$0
Avg ACV
$1.7K
Team
80
Founded
1976
How RedSky IT CEO Phil Kent grew RedSky IT to $6.7M revenue and 4K customers in 2021.
Developer of financial software for construction, contracting and professional services organizations. The company offers a software suite to deal with the areas of cost and project control for organizations covering project cost, electronic time and fee capture, expense capture and billing, project forecasting and monitoring and integrated project inquiries.
Last updated
RedSky IT Revenue
In 2021, RedSky IT's revenue reached $6.7M. Since its launch in 1976, RedSky IT has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2021 | RedSky IT Hit $6.7m revenue in April 2021 |
| 1976 | Launched with $0 revenue |
RedSky IT Valuation, Funding Rounds
RedSky IT's most recent disclosed valuation is $20.2M.
RedSky IT is a bootstrapped Construction Software startup. Founded in 1976, RedSky IT has grown to $6.7M in revenue without raising any venture capital or outside funding.
As a self-funded Construction Software SaaS company, RedSky IT has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold |
|---|
RedSky IT Employees & Team Size
RedSky IT employs approximately 80 people as of 2026.
RedSky IT has 80 total employees in different roles and functions. They have 4K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 80 employees (April 2021) |
Founder / CEO
Phil Kent
Phil has many years of experience of working within the Construction/Contracting Industry. He graduated in 1994 with a BSc degree in Accounting, Finance & Information Management and worked as a management accountant with a General Contractor in the UK before joining FCG in 1996. Over his time with the Ramesys and now the RedSky business Phil has continued to build on a wealth of experience in Operational, Commercial and Financial systems providing Consultancy and Project Management to large and mid sized implementations, in the UK and Middle East/ Africa. For 5 years he was the Summit Product Manager taking a lead role in the Summit strategy and providing presales consultancy prior to joining the board in February 2007 as Delivery and Implementation Director. Phil has lead an experienced and successful team, has played an active part in the development of our innovative solutions throughout this period and in February 2015 was appointed Managing Director of RedSky.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how RedSky IT acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about RedSky IT
What is RedSky IT's revenue?
RedSky IT generates $6.7M in revenue.
Who founded RedSky IT?
RedSky IT was founded by Phil Kent.
Who is the CEO of RedSky IT?
The CEO of RedSky IT is Phil Kent.
How much funding does RedSky IT have?
RedSky IT raised $0.
How many employees does RedSky IT have?
RedSky IT has 80 employees.
Where is RedSky IT headquarters?
RedSky IT is headquartered in United Kingdom.
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Compare RedSky IT to the industry
RedSky IT operates across multiple industries. Browse revenue, funding, and growth data for RedSky IT 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 .