Redbooth

Redbooth

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues1.1m1.3m1.3m1.4m
% growth-22 %-11 %
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DateInvestorsAmountRound
N/A

$500k

Seed

$1.5m

Seed

$1.5m

Seed

$5.0m

Series A

$11.0m

Series B
Total Funding€18.1m

Recent News about Redbooth

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More about Redboothinfo icon
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Redbooth is an online project management software designed to enhance team collaboration and task management. The company serves a wide range of clients, from small and medium-sized businesses (SMBs) to large enterprises. Redbooth operates in the software-as-a-service (SaaS) market, providing tools that help teams organize, manage, and track their projects more efficiently.

The core functionality of Redbooth includes features such as task management, project planning, and team communication. Users can create tasks, assign them to team members, set due dates, and add tags for better organization. The software offers multiple views for planning, including board, list, and timeline views, to cater to different project management styles. Additionally, Redbooth provides dashboards and reports to track productivity and project progress.

One of the standout features of Redbooth is its AI-powered tool, Redbooth Predict, which leverages data from 39 million historical tasks and a billion data points to improve task and project management. This feature helps teams predict potential project delays and optimize their workflows.

Redbooth also facilitates team communication through threaded conversations and HD video meetings, which can be started with just two clicks. This ensures that all team members are in sync and can collaborate effectively, regardless of their location.

The business model of Redbooth is subscription-based. Clients can start using the software for free, with the option to upgrade to paid plans that offer additional features and capabilities. This freemium model allows users to experience the benefits of the software before committing to a subscription.

In summary, Redbooth makes money by offering subscription plans to businesses that need robust project management and collaboration tools. Its target clients range from SMBs to large enterprises, and it operates in the SaaS market.

Keywords: project management, team collaboration, task management, SaaS, AI-powered, SMBs, enterprises, productivity, communication, subscription-based.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Redbooth

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Talker
ACQUISITION by Redbooth May 2010
AeroFS
ACQUISITION by Redbooth Sep 2017