Redactive

Redactive (Redactive Software Pty. Ltd., also referred to as Redactive AI) is an Australian company that builds an enterprise AI security platform. The platform connects to an organization's data sources and knowledge bases to create a semantic index that interprets the meaning of unstructured data, identifying documents that are overly accessible and flagging document-level access that rules-based tools do not detect. Its Permissions Assurance product continuously identifies and automatically remediates misconfigured permissions, and routes edge cases to the relevant data owners for review, with the stated aim of ensuring both employees and AI applications only access appropriate information [0][1][4].

A second product line, Redactive Prompt Security, uses a browser plug-in to intercept traffic to tools such as free/personal ChatGPT accounts, applying customer-defined data loss prevention rules to prevent company data from being entered into prompts. It also reports on which AI applications employees use, what information is shared in prompts, and which business use cases drive shadow AI adoption, positioned as input to internal AI strategy and acceptable-use standards. Redactive presents the platform as complementary to existing security tooling rather than a replacement [0][1].

At the time of its 2024 seed round the company was described as a developer platform addressing AI engineering and security gaps in enterprise software teams, offering a single API covering data syncing, document chunking, embedding models, vector stores and live permissioned data fetching so teams could build permissions-aware generative AI agents and applications [6][7]. Company blog content also covers securing Microsoft Copilot deployments, knowledge-based security for GenAI applications, RAG index sharing, and compliance regimes such as GDPR and CPS230 [4].

Founding story

Redactive was founded in September 2023 by Andrew Pankevicius and Alexander Valente, both former Atlassian product managers who had spent several years building developer platforms for Fortune 500 enterprise customers, together with AI engineer Lucas Sargent, described as having worked with AI/ML technologies in regulated, listed enterprises. Pankevicius said the founders observed during the generative AI boom that enterprises with fragmented data repositories and complex security controls struggled to move bespoke generative AI agents and applications into production because their dynamic security needs were unmet, and set out to design a developer platform starting from enterprise information security, privacy and permissioned access control requirements [6][7].

Business model

Redactive sells software to enterprises: an AI security platform combining Permissions Assurance (semantic indexing and automated remediation of misconfigured access across unstructured data sources) and Prompt Security (a browser plug-in enforcing DLP rules on AI prompts). Earlier positioning was a developer platform sold to enterprise software teams via a single API for permissions-aware retrieval [0][1][6][7]. Specific pricing or contract terms are not disclosed in the sources.

Not disclosed in the available sources.

Traction

Reported early adopters were large enterprises including Australian financial services institutions; the website carries testimonials attributed to PEXA's CTO, an AWS FSI APAC leader, Thoughtworks and Zapier co-founder Mike Knoop. The company had 10 employees in Melbourne as of July 2024, with plans to grow headcount 50% and expand to the US, and it was hiring for engineering, operations and product marketing roles [0][1][3][7].

Latest developments

Redactive announced it had been acquired by RecordPoint, a company described as a global leader in data security and governance, with the stated intent of combining to deliver an AI-native governance platform addressing enterprise data, compliance obligations and AI risk. Prior to that, the company launched Redactive Permissions Assurance as an addition to its AI Security Platform [0][1][4].