Red Violet Inc Dossier
Qualitative Analysis
Business overview
Red Violet, Inc. (NASDAQ: RDVT) is a leading software and proprietary technology company specializing in cloud-based identity intelligence and data analytics. Headquartered in Boca Raton, Florida, the company builds advanced analytical platforms that transform massive, disparate datasets into actionable intelligence. Red Violet primarily serves enterprise and public sector clients through two flagship brands: IDI (featuring its core investigative platform, idiCORE) and FOREWARN, a real-time safety and prospect-vetting application tailored for the real estate industry. By leveraging proprietary data fusion and machine learning, Red Violet enables organizations to manage risk, recover debt, detect fraud, ensure regulatory compliance, and acquire customers efficiently.
Research as of 19 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
Advancing the cloud-native, AI-embedded identity intelligence platform, CORE™, to support growth, operational efficiency, and AI-driven decisioning in regulated environments.
Expected impact: Drives technology differentiation, faster ingestion of new datasets, and more accurate dynamic modeling to capture share from legacy players.
Focusing sales and marketing efforts on onboarding higher-tier enterprise customers contributing over $100,000 in annual revenue.
Expected impact: Improves customer quality and increases average revenue per customer, building on the 127 customers who contributed over $100,000 in 2025.
Systematically securing partnerships with regional REALTOR® associations across the United States to offer FOREWARN as an included member benefit.
Expected impact: Locks in high-retention user bases, increases switching costs, and expands the user footprint (which reached 417,680 users in Q1 2026).
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Strategic Partnerships
Provides FOREWARN identity verification and safety services to HAR's 10,000+ real estate professional members across Hawaii, promoting agent safety and expanding platform adoption.
Terms: Offered free to HAR members as an included benefit, funded at the association level.
Integrates IDI with the TazWorks cloud-based background screening platform, expanding IDI's distribution footprint to consumer reporting agencies (CRAs) across the industry.
Terms: Not disclosed