# REDLIST

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/redlist

- Industry: Software
- Headquarters: Pleasant Grove, US
- Website: www.yourredlist.com
- Latest round: Series A (Dec 17, 2019)
- Investors on record: 1

## About

REDLIST Inc. is a technology company specializing in AI-driven Reliability Centered Maintenance solutions, aimed at enhancing equipment uptime for industrial sectors.Founded in 2016 by Tal Wagstaff, REDLIST Inc. is based in Pleasant Grove, US. The company provides advanced maintenance management solutions and has engaged in one investment deal, with its most recent funding round occurring on December 17, 2019. Tal Wagstaff has a background in technology and innovation, contributing to the company's unique offerings.Redlist's core offering is its AI-powered Reliability Centered Maintenance (RCM) platform, tailored for industrial teams focusing on equipment uptime. This comprehensive Software as a Service (SaaS) solution integrates preventive, predictive, and condition-based maintenance strategies alongside tools for Failure Modes and Effects Analysis (FMEA), root cause analysis, and performance analytics. The platform serves various industries including mining, energy, manufacturing, and logistics, addressing the operational challenges of asset-intensive enterprises globally, particularly in North America, Europe, and parts of Asia.The revenue model of Redlist relies primarily on subscription fees from its SaaS platform, which offers diverse maintenance management solutions. Clients typically subscribe to RCM services, incorporating various modules like Enterprise Asset Management and Lubrication Management. Services can be deployed quickly, often within a week, with flexible pricing plans tailored to the operational scale of each client, ensuring a consistent revenue stream while providing comprehensive value to customers.Following a Series A funding round on December 17, 2019, led by CSL Capital Management, REDLIST Inc. plans to utilize the funds to enhance its product offerings and expand into new markets. The company is focused on the development of new features for its platform to further streamline maintenance processes. Geographic expansion is also on the agenda, specifically targeting increased presence in Europe and Asia by 2022.

## Funding rounds

- Series A, Dec 17, 2019 — CSL Capital Management

## Investors

- CSL Capital Management (https://capitalatlas.ai/funds/csl-capital-management) — Series A