Red Violet Inc. to Showcase at Needham Conference Amid Strategic Partnerships
In a significant move for Red Violet, Inc., the Nasdaq-listed software and services company specializing in big data analysis, the firm has announced its participation in the 20th Annual Needham Technology, Media, & Consumer Conference. Scheduled for May 8-13, 2025, this event marks a pivotal moment for Red Violet as it seeks to highlight its innovative solutions in the cloud-based information sector. The company’s leadership, including Chief Executive Officer Derek Dubner and Chief Financial Officer Daniel MacLachlan, will host virtual investor meetings on May 12, 2025, offering insights into the company’s strategic direction and technological advancements.
Red Violet, Inc., with a market capitalization of $554.13 million and a close price of $39.21 as of May 4, 2025, has been a notable player in the Information Technology sector, particularly within the Professional Services industry. The company’s focus on delivering mission-critical information solutions has positioned it as a key provider for various industries across the United States. Its proprietary technologies and analytical capabilities are central to its offerings, enabling real-time identification and location of people, businesses, assets, and their interrelationships. These capabilities are crucial for identity verification, risk mitigation, due diligence, fraud detection and prevention, regulatory compliance, and customer acquisition.
A cornerstone of Red Violet’s technological prowess is its CORE™ platform, designed to transform massive datasets into actionable intelligence. This platform is not only purpose-built for enterprise use but also offers the flexibility required by organizations of all sizes. By enabling frictionless commerce, ensuring safety, and reducing fraud, Red Violet’s solutions address significant societal challenges, underscoring the company’s commitment to leveraging technology for the greater good.
In addition to its participation in the Needham Conference, Red Violet has announced a strategic integration with Ping Identity’s PingOne DaVinci, a no-code identity orchestration service. This partnership, announced on May 5, 2025, signifies a leap forward in identity verification and risk mitigation technologies. By integrating IDI’s AI/ML-powered technology platform with PingOne DaVinci, Red Violet aims to deliver powerful identity insights across the consumer journey, enhancing the consumer experience while managing risk and preventing fraud. This collaboration not only expands industry access to Red Violet’s leading technology platform but also positions the company at the forefront of digital identity security solutions.
As Red Violet prepares for its appearance at the Needham Conference and continues to forge strategic partnerships, the company is poised for growth in the rapidly evolving Information Technology landscape. With a focus on innovation, customer acquisition, and risk mitigation, Red Violet, Inc. is well-positioned to capitalize on emerging opportunities and challenges in the digital age.