RedTeamrevenue, valuation & funding
Autodesk Construction Cloud Integration PartnersOrlando, FloridaFounded 2006
RedTeam is a complete Construction Project Management and Financial solution for commercial contractors. Manage all aspects of your construction process by communicating and collaborating online with RedTeam cloud based project management solution.
RedTeam revenue
RedTeam has not published its revenue. GetLatka estimates it at about $18.5M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $6.9M | – |
| Dec 2023 | $9.7MEST. | GetLatka estimate |
| Oct 2024 | $18.5MEST. | GetLatka estimate |
– source not recorded
RedTeam valuation
RedTeam is privately held, so there is no RedTeam stock to buy. Investors valued it at $15M in October 2018.
Valuation history$15M Seed 2018$14M Seed 2017
RedTeam funding rounds & investors
RedTeam has raised $35M across five rounds since 2017. The latest was a $28M Series B in February 2022.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Feb 2022 | Series B | $28M | – |
| Sep 2020 | Series A | $5M | – |
| Nov 2018 | Seed | $299.1K | – |
| Aug 2017 | Seed | $75K | – |
| Jun 2017 | Seed | $1.6M | $14M |
| Total raised | $35M |
RedTeam competitors
RedTeam competes most directly with Bugcrowd and Cobalt.
Bugcrowd
CobaltRedTeam founders & employees
Michael Wright founded RedTeam in 2006. RedTeam had 95 employees (December 2024, LinkedIn), down from 118 a year earlier.
- Michael WrightFounder and Chief Strategy Officer
- Jim AtkinsonCEO
All 11 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 95 | |
| Oct 2024 | 118 | |
| Dec 2023 | 118 | |
| Sep 2023 | 118 | – |
| 2023 | 115 | – |
| Dec 2022 | 114 | |
| Feb 2022 | 77 | – |
| 2022 | 112 | – |
| Dec 2021 | 100 | |
| Aug 2021 | 100 | – |
| Apr 2021 | 94 | – |
RedTeam FAQ
What is RedTeam's revenue?
GetLatka estimates RedTeam's revenue at about $18.5M a year (October 2024). The company hasn't published its own figure.
What is RedTeam's valuation?
Investors valued RedTeam at $15M in October 2018.
How much funding has RedTeam raised?
RedTeam has raised $35M across five funding rounds. The latest was a $28M Series B in February 2022.
Is RedTeam publicly traded?
No. RedTeam is a private company, so its shares aren't traded on a stock exchange.
How many employees does RedTeam have?
RedTeam had 95 employees in December 2024, according to LinkedIn.
Who founded RedTeam?
Michael Wright founded RedTeam in 2006.
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How this page is sourced
5 from public sources · 2 estimates. 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.
Updated Dec 23, 2024Data disclaimerReport a correctionClaim this profileRun RedTeam? Join the podcast