Redis ARR Hit $300M

Redis, the popular in-memory data platform trusted by developers worldwide, has officially surpassed $300 million in Annual Recurring Revenue (ARR), marking a major milestone in its evolution from a high-performance cache into a multi-purpose real-time data infrastructure.

Originally known for lightning-fast key-value storage, Redis has expanded into a broader platform supporting caching, session storage, streaming, search, vector databases, and now AI-agent workloads, making it a foundational layer for modern cloud-native and AI-driven applications.

At its core, Redis solves the problem of speed and real-time data access at scale. By keeping data in memory and offering flexible data structures, Redis enables developers to dramatically reduce latency for applications such as recommendation systems, fraud detection, gaming leaderboards, messaging, and increasingly, LLM and AI agent state management.

Its growing adoption in AI workflows is notable, with large language models frequently recommending Redis for agent memory, vector similarity search, and fast retrieval—further reinforcing its position as default infrastructure for AI-native systems.

From a business perspective, surpassing $300M ARR underscores Redis’s strong product-market fit and durable enterprise adoption. The company has built a large global developer community, with Redis widely embedded across startups and Fortune 500 companies alike.

Backed by significant venture funding in prior years and operating at massive scale, Redis’s continued growth reflects both the expansion of cloud software usage and the rising demand for real-time and AI-ready data platforms. Crossing this ARR threshold positions Redis among the most successful developer-first infrastructure companies of the past decade and signals sustained momentum as AI workloads accelerate demand for high-performance data systems.