Red Violet, Inc. — Cyborg Score 8/10

Strong
Analytics & Information Solutions / Identity Intelligence

Strategic Profile

The company leverages an industry-leading AI/ML-powered platform, proprietary linking algorithms, and core identity graph to drive excellence in entity resolution that is pivotal to identity verification, fraud prevention, and risk mitigation. Red Violet is experiencing expansion into enterprise and government sectors and success in new verticals driving broad-based demand and recurring revenue growth, while investments in proprietary data, automation, and AI are improving efficiency, scalability, and margins.

Cyborg Score Rationale

The company delivered record year in 2024 with records in revenue, gross profit, net income, adjusted EBITDA, cash flow from operations, and free cash flow. Strong AI/ML platform capabilities, expanding market reach into government and enterprise, and improving margins indicate solid execution and growth trajectory.

Top Insights

  • Record profitability achieved in 2024 across multiple metrics including revenue, gross profit, net income, adjusted EBITDA, and free cash flow
  • Two core product platforms: idiCORE for investigative solutions and FOREWARN for real-time risk identification in real estate
  • FOREWARN expanding across major REALTOR® Associations (Indiana, New Jersey, Washington, Pennsylvania markets in 2025-2026)
  • Recognized as #107 in TIME magazine's inaugural 'America's Growth Leaders of 2026' ranking

Named Competitors

  • LexisNexis Risk Solutions — Risk data and analytics with identity intelligence capabilities
  • Equifax Digital Services — Large-scale identity verification and fraud prevention solutions
  • TransUnion Identity Solutions — Risk intelligence and identity management services

Recent Developments

  • (February 2026) FOREWARN contracts with Pennsylvania REALTOR® Association to serve 8,000+ real estate professionals
  • (January 2026) FOREWARN expansion to Washington state's 2nd largest local REALTOR® Association with 2,400+ members
  • (November 2025) Named to TIME's 'America's Growth Leaders of 2026' list at #107
  • (May 2025) Q2 revenue grew 26% to record $22.0 million with GAAP EPS of $0.24

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