red violet Announces Pricing of $100 Million Underwritten Public Offering of Common Stock
Summary
Red Violet announced pricing for a $100 million underwritten public offering of 1,666,667 common shares at $60 per share. The company expects the offering to close on August 7, 2026, subject to customary conditions, and it granted underwriters a 30-day option to buy additional shares. Red Violet plans to use the net proceeds for working capital, general corporate purposes, and possible strategic acquisitions. The company develops identity intelligence and analytics software used for identity verification, fraud detection, compliance, and customer acquisition.
Funding
Amount
$100.0M
Total raised
Date
August 5, 2026
Announcement date
Investors
Raymond James Capital, Needham & Company
Lead investors
Company
redviolet.com
Funded company
Classifications
industries
No industries detected
applications
Business Intelligence
AskAI Classifications
Labels
Identity Intelligence Software
Fraud Detection Software
Risk Management Software
Linked Companies
Red Violet, Inc.
$10M to $25M