What Redis does

Redis, Inc. is a privately held real-time data platform company headquartered in San Francisco, founded in 2011 to commercialize the open-source Redis in-memory data structure store created by Salvatore Sanfilippo in 2009. The company is owned by private equity firm Francisco Partners following a 2021 Series E led by the firm. Redis offers three core deployment products: Redis Cloud as a fully managed service on AWS, Google Cloud, and Azure (including Azure Managed Redis); Redis Software as a self-managed enterprise/Kubernetes/on-prem platform; and Redis Open Source (Redis 8, distributed under AGPLv3 with RSALv2 and SSPLv1). On top of this core, the company has built an AI-focused platform branded Redis Iris, comprising Context Retriever, LangCache (semantic caching of LLM responses), Agent Memory (two-tier state management for AI agents), Redis Data Integration (CDC sync from Oracle, PostgreSQL, MySQL, MongoDB, SQL Server), and Redis Flex (SSD-based tiering at sub-5ms latency at up to 80% lower cost than in-memory-only).

The platform powers more than 10,000 customers worldwide, including nearly 60% of the Fortune 50, and is reported to underwrite 43% of enterprise AI agent stacks. Revenue is generated through tiered recurring cloud subscriptions, annual and multi-year Redis Software enterprise licenses, usage-based billing on hyperscaler marketplaces, tiered premium support packages, professional services, and a freemium open-source adoption layer. Redis has executed three acquisitions in 18 months (Speedb in 2024, Decodable in September 2025, Featureform in October 2025), launched Redis Feature Form in April 2026, and rolled out Redis Iris as a unified context and memory platform for AI agents in May 2026. The company holds flagship go-to-market partnerships with Microsoft (Azure Managed Redis integrated into Microsoft Agent Framework), AWS (Bedrock knowledge base integration and Marketplace listing), and Google Cloud, alongside a global reseller and system integrator network.

Strategic positioning has shifted decisively from caching-as-a-product to AI-agent infrastructure-as-a-product. The 2024 license change triggered an AWS-led Valkey fork, which Redis countered by re-licensing Redis 8 under AGPLv3 in May 2025 and consolidating Redis Stack modules (JSON, search, time series, probabilistic structures) into core. Recurring ARR is reported above $300M as of 2025-2026, with 1,001-5,000 employees and offices in San Francisco, San Jose, Austin, London, Tel-Aviv, Sofia, Singapore, and Bengaluru.

Name

Redis

Legal name

Redis, Inc.

Website

https://redis.io

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Redis is a privately held real-time data platform company that provides managed and self-managed in-memory database software plus an AI agent infrastructure layer (Iris, LangCache, Agent Memory), serving 10,000+ customers including nearly 60% of the Fortune 50 across financial services, retail, gaming, telecom, and AI workloads.

Ownership category

akta.pro rank

Product category

Real-time Data Platform

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

Enterprise AI Data & Knowledge Platforms (Vector Databases, Knowledge Graphs) (HDAEANAH)

akta.pro secondary industries

Model Hosting, Serving & Inference Platforms (HDAAACAB), Professional Services Automation (PSA) & Services ERP (HDAEAEAF)

Keywords

• In-memory data platform
• Real-time data infrastructure
• Vector database services
• AI agent memory
• Cloud database platform

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations, Others

Revenue model

1. Redis Cloud subscriptions: Recurring cloud subscriptions on AWS, GCP, and Azure with tiered plans (Free, Essentials, Pro, plus enterprise tiers). Active-Active replication, Redis Flex, and managed observability are upsold into the base subscription.
2. Redis Software (self-managed) licenses: Annual and multi-year on-prem / hybrid enterprise licenses (Redis Software, formerly Redis Enterprise) for clusters running in private data centers and Kubernetes.
3. Cloud usage-based billing: Pay-as-you-go usage on hyperscaler marketplaces and direct cloud plans, where customers are billed for compute, memory, and operations consumed; a 14-day $500 free trial is offered on AWS.
4. Professional Services: Fixed-scope and credit-based consulting engagements: training (operator/developer bootcamps), jumpstart deployments (Redis Cloud/Software), upgrade, monitoring setup, on-prem/cloud deployment automation, database provisioning, and migration services.
5. Premium support subscriptions: Tiered annual support packages (Basic, Developer, Business, Enterprise, Premium Enterprise) with SLAs ranging from business-hours to 24x7, including TAM coverage, root-cause analysis, and resident engineer add-ons.
6. Open-source / freemium adoption layer: Free Redis 8 under AGPLv3 (and source-available RSALv2/SSPLv1) provides no-cost adoption that funnels developers into paid Redis Cloud, Redis Software, and support tiers.
7. Managed feature store (Redis Feature Form): Enterprise feature-store platform for production ML, with multi-tenancy, security enhancements, and operational controls; positioned for use cases such as fraud detection, credit scoring, and personalization.

Pricing tiers

Go-to-market motion6 records

Distribution channels6 records

Marketing channels10 records

Core offering

Redis provides a unified real-time data platform delivered as Redis Cloud (fully managed on AWS, Azure, GCP), Redis Software (self-managed enterprise on-prem/Kubernetes), and Redis Open Source 8 (free, AGPLv3). The platform powers caching, vector search, AI agent memory, session management, real-time messaging/streams, feature stores, and CDC data integration, with the new Redis Iris context engine adding LangCache semantic caching, Context Retriever, Agent Memory, and Redis Flex SSD tiering for AI workloads.

Product overview

Redis offers a unified real-time data platform composed of three core deployment products (Redis Cloud as fully managed, Redis Software for self-managed enterprise/on-prem/Kubernetes, and Redis Open Source / Redis 8 under AGPLv3) plus an AI-focused platform layer branded as Redis Iris, which is built from modular components: Context Retriever, LangCache (semantic caching of LLM responses), Agent Memory (two-tier short/long-term state), Data Integration (CDC sync from relational/operational databases), and Redis Flex (RAM + SSD tiering). On top of this, Redis offers Redis Feature Form (enterprise feature store, derived from the October 2025 Featureform acquisition) and supporting tools including Redis Insight (GUI), RIOT (data migration), RedisVL (Python vector library), Vector Sets (native data type for vector similarity search), the Redis Query Engine (full-text + vector hybrid search), and integration-specific offerings such as Azure Managed Redis. Use-case solutions include caching, streaming/messaging, session management, leaderboards, deduplication, fast data ingest, authentication token storage, and feature store patterns.

Differentiator

Problem solved

Functional benefit

Brands

• Redis Cloud: Fully managed Redis 8 on AWS, GCP, and Azure with Active-Active, Redis Flex tiering, and integrated observability.
• Redis Software
• Redis Open Source
• Redis Insight
• Redis Iris
• Redis Feature Form
• Redis LangCache
• Redis Data Integration
• Azure Managed Redis

Products and services

• Redis Cloud Fully managed Redis 8 service on AWS, GCP, and Azure with Active-Active replication, Redis Flex tiering, SLA tiers, and integrated observability for businesses needing managed low-latency data infrastructure.
• Redis Software Self-managed Redis Enterprise for private cloud, on-premises, and Kubernetes with clustering, high availability, Active-Active replication, and enterprise security controls for organizations running in their own data centers.
• Redis Open Source (Redis 8) Free Redis 8 distribution under AGPLv3 (also RSALv2 and SSPLv1), including core commands, modules, Redis Insight, and the client ecosystem for self-hosted workloads by individual developers and organizations.
• Redis Iris Unified real-time context and memory platform for AI agents, combining Context Retriever, Agent Memory, Data Integration, and LangCache capabilities, with a new Flex SSD-based tier for enterprise AI agent deployments.
• Redis LangCache Fully managed semantic caching service that integrates LLM response caching via embedding-backed similarity matching to reduce token costs and improve accuracy for AI applications.
• Redis Context Retriever Retrieves the most relevant data from structured and unstructured sources via Redis-powered vector search so models always have the context needed to respond correctly for AI applications and agents.
• Redis Agent Memory Agentic memory layer providing two-tier short-term and long-term state management for AI agents to deliver consistent experiences across interactions.
• Redis Data Integration (RDI) Near-real-time change data capture (CDC) sync from Oracle, PostgreSQL, MySQL, MongoDB, SQL Server, and cloud SQL into Redis with declarative transforms for keeping AI and real-time workloads fresh.
• Redis Flex Tiered RAM + flash storage for TB-scale data at up to 80% less cost than in-memory-only, with sub-five-millisecond latency and petabyte-scale capacity for large working sets.
• Redis Insight Free GUI and Workbench CLI for browsing data, profiling commands, viewing Streams/Pub/Sub, and using Copilot-assisted query help, used by developers and operators to interact with Redis.
• Redis Feature Form Managed feature store platform for production machine learning combining feature definition, orchestration, versioning, and serving; positioned for fraud detection, credit scoring, and personalization.
• Azure Managed Redis Microsoft-supported managed Redis offering on Azure with sub-millisecond lookups, active-active geo-replication, and enterprise security features for Azure-based enterprise customers.

Quantifiable outcome

• 40% increase in revenue generation for Ulta Beauty via Redis-powered online experience
• +8 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration42 records

AI capability15 records

Feature11 records

Partnerships

Nine partnerships are on record, tiered core, flagship and minor.

• FeatureformcoreStrategic or Co-development Partner · 9 October 2025Redis acquired Featureform, a framework for managing structured data signals, in October 2025, and subsequently launched Redis Feature Form in April 2026 as an enterprise feature store for production ML with multi-tenancy and security enhancements. Fenwick & West LLP served as legal counsel.
• MicrosoftflagshipStrategic or Co-development Partner · 1 October 2025Redis expanded its partnership with Microsoft via the integration of Azure Managed Redis with Microsoft Agent Framework, delivering production-ready memory infrastructure for enterprise AI agents. Azure Managed Redis is generally available on Azure Marketplace, offering sub-millisecond lookups, active-active geo-replication, and enterprise security features. The integration gives Azure developers a unified memory platform so AI agents can retain context and capture user preferences.
• Google CloudcoreChannel Partner/ Reseller/ Distributor · 1 October 2025Redis Cloud is sold via Google Cloud Marketplace (Redis from the marketplace), with PCI DSS Level 1 certification spanning all Google Cloud regions. The Google Cloud Partner page is part of Redis's deployment nav, and Redis Cloud Flexible and Annual plans run on GCP.
• DecodablecoreStrategic or Co-development Partner · 4 September 2025Redis announced plans to acquire real-time data platform Decodable at Redis Released 2025, expanding Redis for AI to deliver context and memory for AI agents and agentic systems alongside new tools such as LangCache.
• Amazon Web ServicesflagshipStrategic or Co-development Partner · 13 September 2023Redis Cloud is integrated as a knowledge base for Amazon Bedrock to support Retrieval Augmented Generation (RAG) applications and is available on AWS Marketplace with a 14-day $500 free trial. AWS engineers (including Madelyn Olson) are primary architects of Valkey, the open-source fork that emerged after Redis changed its license in early 2024, positioning AWS as both a strategic partner and steward of the open-source ecosystem.
• Bank of AmericaflagshipStrategic or Co-development PartnerBank of America uses Redis for caching, session management, event streaming, and AI infrastructure, and honored Redis at its annual Technology Innovation Summit in October 2024. The two companies describe a deep technological partnership supporting fast, modern digital banking experiences.
• LangChain (and other AI agent frameworks)coreTechnology or IntegrationRedis publishes integration patterns for LangGraph, CrewAI, n8n, AWS Bedrock Agents, Google Vertex AI Agent Builder, Azure AI Agent Service, OpenAI Agents SDK, and UiPath, positioning Redis infrastructure as the sub-millisecond state, memory, and coordination layer for multi-agent systems.
• VercelminorChannel Partner/ Reseller/ DistributorRedis Cloud has a Vercel integration that provisions Redis Cloud from Vercel and wires environment variables for serverless apps, enabling one-click Redis deployments alongside Vercel-hosted frontends.
• Redis Partner Network (reseller/OEM)coreChannel Partner/ Reseller/ DistributorRedis operates a formal Partner Network that lets resellers, OEMs, and SIs find and co-sell Redis alongside hyperscaler partners (AWS, Google Cloud, Microsoft Azure).

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• MongoDB: Document/NoSQL database with Atlas managed service and Atlas Vector Search; competes with Redis in operational data, real-time analytics, and increasingly in AI/vector workloads, but is a broader data platform rather than an in-memory specialist.
• Elastic (Elasticsearch / OpenSearch): Search and observability platform with dense-vector and HNSW-based vector search; competes with Redis in semantic search and RAG retrieval, particularly for log-heavy enterprise use cases.

Direct peers

• Aerospike: Real-time, low-latency NoSQL database used for caching, session and AI feature serving; directly comparable to Redis on hybrid memory/SSD architectures and on serving vector and feature-store workloads at scale.
• Couchbase: Distributed NoSQL database with in-memory tier, Capella managed service and vector/AI search; competes with Redis for caching, session and JSON document workloads in enterprise and telco deployments.
• SingleStore: Real-time distributed SQL database with in-memory rowstore and vector functions; competes with Redis for low-latency operational analytics, feature serving and AI/ML workloads.
• Tecton: Enterprise feature store for production ML; directly comparable to Redis Feature Form (built from the Featureform acquisition) for online feature serving, governance and ML pipelines.

Emerging players

• Valkey: Open-source, Linux Foundation-governed fork of Redis backed by AWS, Google Cloud, Oracle and Ericsson; drop-in compatible with the Redis protocol and increasingly embedded in hyperscaler managed services as a lower-cost Redis alternative.
• Dragonfly: Redis-API-compatible in-memory data store built in C++ with multi-threaded architecture; targets the same caching and session workloads as Redis with claims of higher throughput per node.
• Pinecone: Managed vector database purpose-built for production RAG and semantic search; competes head-on with Redis Vector Sets, LangCache and the Iris Context Retriever for AI workloads.
• Weaviate: Open-source vector database with hybrid search and RAG pipelines; an emerging alternative to Redis for AI-native retrieval, especially among open-source-leaning developer teams.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/redisinc
• Xx.com/Redisinc
• Facebookfacebook.com/Redisinc
• LinkedInlinkedin.com/company/redisinc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 records

Subsidiaries3 records

Funding overview

Funding rounds10 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Redis