Redwood

Redwood

Provides automation solutions for businesses

About Redwood

Simplify's Rating
Why Redwood is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Consulting

Enterprise Software

Company Size

501-1,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$346.5M

Headquarters

Frisco, Texas

Founded

1993

Overview

Redwood specializes in automation solutions that improve business operations, particularly in the enterprise software market. The company offers finance automation to reduce repetitive tasks in Enterprise Resource Planning (ERP) systems, workload automation for IT departments to manage job scheduling via cloud-based solutions, and report distribution to ensure timely delivery of critical business reports. Unlike many competitors, Redwood provides its services through a subscription model, allowing for scalable and customizable options tailored to client needs. The goal of Redwood is to help businesses enhance efficiency and reduce costs by freeing up resources, enabling them to focus on more strategic initiatives.

Simplify Jobs

Simplify's Take

What believers are saying

  • Redwood's AI-powered Redwood Insights boosts operational efficiency and strategic focus.
  • Recognition as a Leader in Gartner's Magic Quadrant highlights Redwood's market leadership.
  • Acquisition by Vista Equity and Warburg Pincus signals strong investor confidence.

What critics are saying

  • Emerging AI-driven startups pose a threat to Redwood's market share.
  • Acquisition may lead to strategic shifts affecting Redwood's business model.
  • Rapid tech advancements require continuous R&D investment, straining financial resources.

What makes Redwood unique

  • Redwood offers AI-driven observability with Redwood Insights, enhancing business process automation.
  • The company provides cloud-based workload automation, aiding migration from legacy systems.
  • Redwood's subscription model ensures steady revenue and scalable, customizable client solutions.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$346.5M

Above

Industry Average

Funded Over

1 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

2%

2 year growth

2%
PR Newswire
Apr 24th, 2025
Redwood Software Unveils Redwood Insights: Ai-Driven Observability For Business Process Orchestration And Automation

New AI-Powered Capabilities Mark a Major Step in Redwood's Vision for Advancing Autonomous Operations — Empowering Customers To Go From Data to Insight to Action in a Single StepFRISCO, Texas, April 24, 2025 /PRNewswire/ -- Redwood Software™, a leader in automation fabric solutions, today announced the launch of Redwood Insights, an AI-powered observability solution integrated into Redwood's flagship orchestration platform RunMyJobs. This launch represents a pivotal moment in Redwood's broader AI vision: to empower organizations with the intelligence and autonomy needed to scale operations, drive efficiency and focus human potential on strategic outcomes

The Tidewater News
Apr 24th, 2025
Redwood Software Unveils Redwood Insights: AI-Driven Observability for Business Process Orchestration and Automation

FRISCO, Texas, April 24, 2025 /PRNewswire/ - Redwood Software(TM), a leader in automation fabric solutions, today announced the launch of Redwood Insights, an AI-powered observability solution integrated into Redwood's flagship orchestration platform RunMyJobs.

Redwood
Sep 23rd, 2024
Redwood Software named a Leader in the 2024 Gartner(R) Magic Quadrant(TM) for SOAP report

I'm honored and proud to announce that Gartner has named Redwood Software a Leader positioned furthest in Completeness of Vision in the 2024 Magic Quadrant(TM) for Service Orchestration and Automation Platforms (SOAPs) report.

PR Newswire
Sep 17th, 2024
Redwood Software placed in 2024 Magic Quadrant(TM) for SOAP Report

FRISCO, Texas, Sept. 17, 2024 /PRNewswire/ - Redwood Software, a leading and innovative provider of solutions in Service Orchestration and Automation Platforms (SOAP), today announced that Redwood Software has been positioned by Gartner(R) as a Leader in the Magic Quadrant for SOAP report.

PR Newswire
Sep 11th, 2024
Redwood Será Adquirida Por Vista Equity Partners Y Warburg Pincus

FRISCO, Texas, 11 de septiembre de 2024 /PRNewswire/ -- Redwood Software ("Redwood"), líder en soluciones de tejido de automatización, anunció hoy que acordó ser adquirida por fondos afiliados a Vista Equity Partners ("Vista"), una firma de inversión global centrada exclusivamente en software, datos y tecnología empresarial, y Warburg Pincus, un inversor líder en crecimiento mundial. Los términos de la transacción no fueron revelados; la transacción está sujeta a condiciones y aprobaciones habituales. Las soluciones de tejido de automatización de Redwood ayudan a los clientes a componer, orquestar y gestionar procesos comerciales y de TI en cualquier aplicación, servicio o servidor con confianza y control. En junio, Redwood anunció que había agregado más de 1.000 nuevos clientes desde mediados de 2023 y, al mismo tiempo, había logrado un desempeño financiero superior a la "Regla de los 60". Actualmente, Redwood presta servicios a más de 7.500 clientes en todo el mundo, incluido el 28% de Fortune 500 y el 40% de Fortune 50. "Es un honor para nosotros unir fuerzas con Vista Equity Partners y Warburg Pincus

Recently Posted Jobs

Sign up to get curated job recommendations

Enterprise Account Executive - Finance Automation

Remote in UK

Business Development Representative

Remote in UK

Solutions Engineer

Remote in USA

See All Jobs

Redwood is Hiring for 9 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Redwood's jobs every few hours, so check again soon! Browse all jobs →

Business Development Representative

Remote in UK

Solutions Engineer

Remote in USA

See All Jobs

Redwood is Hiring for 9 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Redwood's jobs every few hours, so check again soon! Browse all jobs →