redIq
redIQ is a cloud-based SaaS platform that automates multifamily real estate underwriting by standardizing rent rolls and operating statements into structured data and Excel-ready models. It serves over 700 institutional investors, brokers, and lenders in the United States.
- Company typePrivate
- Founded2014
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What redIq does
redIQ is a cloud-based SaaS platform purpose-built for underwriting multifamily commercial real estate transactions. The platform transforms raw deal documents, including rent rolls and operating statements, into standardized, structured financial data that feeds directly into Excel-based underwriting models. redIQ reports that its platform processed more than 92,000 deals and 515,000 rent rolls in 2023 and that nearly 60% of all institutional-grade US apartment complex transactions flow through its systems, with a customer base exceeding 700 institutional investors, brokers, and lenders that includes six of the top 10 acquisition teams and eight of the top 10 brokerages. The company has expanded beyond its multifamily core into single-family rental support (2023), student housing support (2024), and a Lifecycle Management Suite for post-acquisition asset monitoring.
The product stack is composed of three core components: dataIQ, the web-based document capture and standardization engine; valuationIQ, a proprietary Excel-based underwriting model now available on macOS; and QuickSync, an Excel plugin with two-way sync that places standardized redIQ data into any underwriting template. Adjacent modules include SmartMap+ for automated chart-of-accounts mapping, Below-NOI support, Proforma vs. Actuals variance reporting, and a Pipeline Report for deal pipeline visualization. Revenue is generated through annual SaaS subscriptions, with dataIQ as the core product and valuationIQ, QuickSync, and the Lifecycle Management Suite sold as add-ons; API access is reserved for enterprise-level agreements. Go-to-market is sales-led, supported by dedicated Customer Success Managers, Financial Analysts for modeling support, and a 42+-member Client Support team.
redIQ is a wholly-owned subsidiary of Berkadia Proprietary Holding LLC, which also owns Radix; in 2025 the company announced a rebrand to Radix Underwriting alongside a rebuilt interface and tighter integration into the Radix platform. The company is headquartered in Scottsdale, Arizona, with principal offices in New York and an operations presence in Prishtine, Kosovo. The platform holds SOC 2 Type II and ISO/IEC 27001-aligned security certifications and serves the US market exclusively.
redIq firmographics
Firmographics- Name
- redIq
- Legal name
- redIQ LLC
- Website
- https://rediq.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- redIQ is a cloud-based SaaS platform that automates multifamily real estate underwriting by standardizing rent rolls and operating statements into structured data and Excel-ready models. It serves over 700 institutional investors, brokers, and lenders in the United States.
- Ownership category
- akta.pro rank
redIq industry classification
Industry- Product category
- Commercial Real Estate Underwriting Software
- NAICS
- Software Publishers (51321)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Sales Enablement & Revenue Operations (RevOps) Tools & Services (BPAFAFAJ)
- akta.pro secondary industries
- Software/Application Support (SaaS, Enterprise Apps) (BPAAACAC), Data Security & Privacy for Cloud (DLP, DSPM, Tokenization) (HDABAHAK)
Keywords
Where redIq is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
redIq business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription (dataIQ): Cloud-based subscription for document standardization and analysis platform. Subscription periods are typically one year with automatic renewal. Fees are based on service features ordered and not on actual usage.
- SaaS Subscription (valuationIQ Add-on): Additional subscription for proprietary valuation modeling software. Available as an add-on to dataIQ subscription. valuationIQ is now available on macOS.
- Enterprise API Access: API access reserved for enterprise-level customers. Requires separate enterprise agreement. Training and consulting services available for enterprise customers.
- Client Support Services: Dedicated support services included with subscription including Customer Success Managers, Client Support team (42+ members), and Financial Analysts for modeling products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise subscription with API access |
| Subscription | Annual | Standard subscription |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
redIq product offering
Product offeringCore offering
redIQ is a cloud-based SaaS platform that standardizes raw multifamily commercial real estate deal documents — primarily rent rolls and operating statements — and converts them into underwriting-ready data and financial models. Its three primary products are dataIQ (web-based document capture and standardization), valuationIQ (proprietary Excel-based underwriting template, now available on macOS), and QuickSync (an Excel plugin enabling two-way sync of standardized data into customer-owned underwriting models). The suite targets institutional multifamily acquisition teams, brokers, and lenders with mid-to-large asset transactions and is undergoing rebranding to align with its parent suite Radix.
Product overview
redIQ, part of Radix's transaction management suite, is a cloud-based SaaS platform for streamlining and automating multifamily real estate underwriting. The platform consists of three main solutions: dataIQ (web-based document capture and standardization platform), valuationIQ (proprietary Excel-based underwriting model), and QuickSync (Excel plugin for data transfer). Together they support the full underwriting process from standardizing financial documents to producing final valuations. Additional add-on modules include SmartMap+ for automated account mapping, Below NOI Support and Proforma vs. Actuals for lifecycle management, and Pipeline Report for deal pipeline visualization.
Differentiator
Problem solved
Functional benefit
Brands
- dataIQ: Web-based platform for standardizing rent rolls and financial documents from deal files.
- valuationIQ
- QuickSync
- SmartMap+
- Lifecycle Management Suite (LMS)
Products and services
- dataIQ Web-based SaaS platform that captures, standardizes, and structures raw multifamily deal documents (rent rolls, operating statements) into underwriting-ready data for acquisition teams, brokers, and lenders. Subscribed annually.
- valuationIQ redIQ's proprietary Excel-based multifamily underwriting model sold as an add-on subscription to dataIQ, enabling users to run standardized underwriting without maintaining custom models. Available on Windows and macOS.
- QuickSync Excel plugin that places standardized redIQ data directly into any customer-owned Excel underwriting template and provides 2-way sync keeping deal details synchronized between the cloud platform and Excel. Sold as an add-on subscription.
- Pipeline Report Pipeline management visualization tool that streamlines multifamily asset management across every deal stage from sourcing through acquisition, holding, and disposition.
Quantifiable outcome
- Processing time reduced from 48 hours to 30 minutes for full underwriting
- +7 more outcomes
Companies that use redIq
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles4 records
redIq technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature9 records
redIq partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Radix (Parent Company)coreredIQ is Radix's transaction management suite. The platform is undergoing rebranding with a rebuilt interface and stronger connection to the Radix platform. Radix delivers products like valuationIQ now available on macOS through Radix research integration.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
redIq competitors and assessment
Company assessmentEmerging players
- Buildout: CRE marketing and deal platform for brokerages, with pipeline and underwriting-adjacent functionality. Comparable customer base (CRE brokers) and partial product overlap with redIQ's broker-facing tools.
- Tali: AI-powered underwriting assistant for commercial real estate that automates rent roll and operating statement analysis. Emerging direct competitor to dataIQ in the multifamily underwriting space.
Direct peers
- Bowery Valuation: AI-driven CRE appraisal and underwriting platform that automates property valuation and document review for lenders and investors. Comparable to redIQ's document intelligence and AI-style process automation approach.
- Dealpath: CRE deal management and pipeline platform used by institutional investors, brokers, and lenders to track and underwrite deals. Directly comparable to redIQ's dataIQ + Pipeline Management workflow, with overlap in target customers and use cases.
- Argus (Altus Group): Argus is the legacy standard for CRE valuation and cash-flow modeling software, used across multifamily underwriting. A direct substitute for redIQ's valuationIQ modeling and underwriting workflow.
- Apto: CRE platform built for brokerages and investment sales teams to manage deals, properties, and client relationships. Comparable to redIQ in targeting investment-sales brokerages with deal workflow tooling.
- Cherre: CRE data and analytics platform that ingests and standardizes property-level data for institutional owners and operators. Closely comparable to redIQ's document intelligence and data-pool benchmarking value proposition.
Broad incumbents
- RealPage: Large incumbent SaaS provider across the multifamily lifecycle (operations, pricing, asset management). Broader than redIQ but competes for the same institutional customer wallet, particularly on the asset-management/hold-period side.
- Yardi: Incumbent multifamily and CRE software suite covering acquisitions, operations, and asset management. Overlaps with redIQ in serving institutional owners and on the underwriting/asset-management workflow.
Others
- Reonomy: CRE property data and intelligence platform serving investors, lenders, and brokers. Complementary to redIQ's dataIQ rather than direct, providing underlying market data that could feed underwriting workflows.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
redIq social profiles
Digital presenceredIq compliance and trust
Trust signalCompliance2 records
redIq financial estimates
Financial estimateRevenue estimate
Valuation estimate
redIq leadership team
Management profileNumber of profiles
Profiles3 records
redIq funding detail
Funding detailFunding overview
Funding rounds6 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
redIq M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about redIq
What does redIq do?
redIQ is a cloud-based SaaS platform that standardizes raw multifamily commercial real estate deal documents — primarily rent rolls and operating statements — and converts them into underwriting-ready data and financial models. Its three primary products are dataIQ (web-based document capture and standardization), valuationIQ (proprietary Excel-based underwriting template, now available on macOS), and QuickSync (an Excel plugin enabling two-way sync of standardized data into customer-owned underwriting models). The suite targets institutional multifamily acquisition teams, brokers, and lenders with mid-to-large asset transactions and is undergoing rebranding to align with its parent suite Radix.
Is redIq a public or private company?
redIq is a private company. It is classified as corporate owned and is currently operating.
When was redIq founded?
redIq was founded in 2014. It employs 11 to 50 people.
Where is redIq based?
redIq is headquartered in New York, United States, in the North America region.
How does redIq make money?
Four revenue lines are on record. SaaS Subscription (dataIQ) is the primary driver. The others are saaS Subscription (valuationIQ Add-on), enterprise API Access and client Support Services.
Who are redIq's main competitors?
Emerging players on record are Buildout and Tali. Direct peers are Bowery Valuation, Dealpath, Argus (Altus Group), Apto and Cherre. Broad incumbents are RealPage and Yardi. Reonomy is listed as an others.
Does redIq have an API?
Yes. Use of the redIQ API is reserved for enterprise-level customers. An API is available for achieving interoperability between Customer's systems and the redIQ Service. Please contact redIQ to upgrade to an enterprise agreement.
What industry is redIq in?
redIq's product category is Commercial Real Estate Underwriting Software. Its primary akta.pro industry code is BPAFAFAJ, Sales Enablement & Revenue Operations (RevOps) Tools & Services, with a secondary code of BPAAACAC, Software/Application Support (SaaS, Enterprise Apps). Its NAICS code is 51321 and its SIC code is 7370.