Redis
Redis is an in-memory data platform with open-source and enterprise versions, used for caching, vector search, and real-time applications.
Secondary Market Price
How Redis Measures Up
To help you manage your Redis equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series G
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Redis Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Redis's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Redis provides a real-time data platform with cloud and on-premises solutions for caching, vector search, and other data needs. Its services, which include NoSQL databases, real-time analytics, and session management, are used across various industries. Founded in 2011, the company commercialized the open-source Redis in-memory database, developing its Redis Enterprise offering. It has since grown to serve over 12,000 paying customers, including a third of the Fortune 100, with headquarters in San Francisco and offices in London, Tel Aviv, and Austin.
The company is currently focused on becoming a context engine for AI and agentic systems by enhancing its capabilities in agent memory, vector search, and real-time analytics. This strategic direction is supported by recent milestones, including surpassing $300 million in Annual Recurring Revenue, which was driven by demand for AI infrastructure. The company's Redis Vector Library saw a 1,000% year-over-year growth in downloads, and a Stack Overflow survey identified Redis as a top choice for agent memory storage. In a real-world application, Uber's CacheFront system, built on Redis, handles over 150 million reads per second. Redis has also launched new features like Redis Data Integration (RDI) to allow continuous data synchronization from other databases into Redis Cloud on AWS.
- Tiger Global Management
- SoftBank Vision Fund 2
- TCV
- Bain Capital Ventures
- Francisco Partners
- Goldman Sachs Growth
- Viola Ventures
- Dell Technologies Capital
- Co-Founder, Ofer Bengal
- Co-Founder, Yiftach Shoolman
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Redis worth joining?
Deciding whether to join a private company like Redis requires a careful evaluation of its total compensation, including the potential value of its equity offer. A platform like Prospect can help you project the future value of your equity, allowing you to make a more informed career decision.
What should I do with my Redis stock?
Managing private company stock requires a clear strategy based on your personal financial goals and tax situation. Tools like Prospect can build a personalized plan for exercising options and selling shares to help you maximize your potential returns.
Can you sell Redis stock?
Selling stock in a private company like Redis is typically possible only during company-approved liquidity events, such as tender offers or secondary sales. Prospect offers tools to help you navigate these events and determine which shares are the most tax-optimal to sell.
How can I find the value of my Redis stock?
You can estimate the value of your private Redis stock by using specialized platforms that analyze various data points like funding rounds and market trends. Prospect uses predictive models to project your equity's future value based on this type of data.
What is Redis's equity worth?
The total value of your equity depends on the company's current valuation and the specific details of your grant. To understand what your personal stake in Redis is worth, you can use a platform like Prospect to get a personalized analysis and projection of your holdings.
What is Redis's stock ticker symbol?
As a private company, Redis does not have a stock ticker symbol because its shares are not traded on a public stock exchange. Ticker symbols are assigned to companies only after they complete an Initial Public Offering (IPO).
Can I buy or sell Redis stock?
For employees, "buying" stock typically means exercising your stock options, while selling is usually restricted to specific events like tender offers. Platforms like Prospect provide customized, tax-efficient strategies for both exercising options and selling shares.
What is the criteria to buy or invest in Redis stock?
For employees, the main way to acquire stock is by exercising vested options or receiving RSUs as part of your compensation package. Direct investment in a private company like Redis is generally limited to venture capital firms and accredited investors during specific funding rounds.
