RecordPoint, a leader in data governance and compliance solutions, announced the acquisition of Redactive, an Australian artificial intelligence company specializing in sensitive data discovery and classification. The terms of the deal were not disclosed.
The acquisition marks a significant step in RecordPoint’s strategy to enhance its AI capabilities and expand its reach in serving highly regulated industries such as banking, financial services, and government. The company, which counts Westpac, NAB, Macquarie, and regulators like APRA, ASIC, and the City of New York among its clients, said the addition of Redactive will bolster its ability to provide secure and intelligent data management at scale.
Founded just 18 months ago, Redactive quickly established itself as a rising force in AI-powered data management. Its enterprise-grade platform focuses on identifying, classifying, and securing sensitive data within large organizations. Redactive’s client base includes superannuation fund HESTA and property technology company PEXA.
The company attracted investment from leading firms such as Blackbird, Felicis, Atlassian Ventures, and Zapier, signaling strong confidence in its innovative approach.
RecordPoint’s acquisition of Redactive comes amid a period of rapid growth, with over eight million pieces of data moving through its platform daily — a volume greater than the number of daily transactions handled by the NASDAQ. The integration of Redactive’s technology will further strengthen RecordPoint’s position as a trusted platform for data security, compliance, and AI-driven governance.
The company plans to use the acquisition to accelerate international expansion, targeting new markets in Asia and Europe while deepening its presence in existing regions such as the United States and Australia. And RecordPoint emphasized that scaling its AI capabilities is crucial to keeping pace with the exponential increase in data volume its customers generate.
For Redactive, the deal represents one of the first acquisitions of an AI-based enterprise solution in Australia and underscores the growing global demand for AI-based data protection technologies. And the company’s founders will soon launch a new AI venture following the success of Redactive’s platform and its integration into RecordPoint’s global operations.
KEY QUOTES:
“With over 8 million pieces of data moving through our platform per day, RecordPoint is now handling more data transactions than the NASDAQ.”
“Redactive’s solution will be instrumental as we look to bolster our capabilities with AI security and governance and continue to scale our operations. This is to ensure that, as the volume of data we handle for our clients exponentially grows, our capability grows with it.”
“The speed and precision with which the Redactive platform was built made it an ideal candidate for our plans for future growth. While there’s still room to grow in both the US and Australia, we’re eager to bring RecordPoint’s solution into new markets in Asia and Europe.”
Anthony Woodward, CEO, RecordPoint
“This deal marks one of the first acquisitions of an AI-powered enterprise solution in Australia. It shows just how quickly AI is speeding up the pace of business.”
“RecordPoint is the ideal partner to scale Redactive’s impact globally. Anthony and his team see the value of what we’ve built, and it’s exciting to see the Redactive platform continue to be deployed in production across RecordPoint’s financial services customers in Australia and the US.”
Alex Valente, Co-Founder, Redactive
