Red Violet (RDVT) Company presentation summary

Business overview and strategy

• Provides AI/ML-driven identity intelligence and fraud prevention solutions, focusing on making digital interactions safer and reducing business costs.

• Operates a proprietary, cloud-native platform (CORE) that unifies disparate data for actionable insights in identity verification, fraud detection, and risk management.

• Serves a large and growing market with a $10B+ TAM, targeting industries with high compliance and risk management needs.

• Offers differentiated solutions through advanced data fusion, scalable APIs, and customer-centric pricing.

• Maintains a proven management team with deep experience in data and analytics.

Financial performance and key metrics

• Achieved $90.3M in 2025 TTM revenue, with a 34% CAGR from 2017 to 2025.

• Adjusted gross margin reached 84% in 2025, and adjusted EBITDA margin was 34%.

• Adjusted EBITDA grew at a 59% CAGR from 2019 to 2025, reaching $31M in 2025.

• 95% gross revenue retention and 76% contractual revenue in 2025, with over 10,000 IDI customers and 390,000+ FOREWARN users.

• Margins expanded due to a fixed cost of revenue model, allowing near 100% contribution from incremental revenue.

Growth drivers and market opportunity

• Digital transformation and regulatory compliance are accelerating demand for automated, scalable identity solutions.

• High frequency of online engagement and increased fraud risk drive the need for advanced verification and analytics.

• Under-penetration in a large TAM and diverse use cases present significant opportunities for organic growth and expansion.

• Flexible platform enables entry into new verticals, geographies, and sales channels.