RapidSOS Raises $75 million
RapidSOS, “the intelligent safety platform,” closed a $75 million financing round, bringing total capital raised to over $250 million. The round is led by NightDragon, with participation from BAM Elevate, Insight Partners, Honeywell, M12 Microsoft’s Venture Fund, Axon, Citi via the Citi Impact Fund, Highland Capital Partners, Playground Global, Forte Ventures, C5 Capital, and Avanta Ventures.
Founded in 2012, RapidSOS has created “the world’s first intelligent safety platform” that links life-saving data from over 500 million connected devices, apps and sensors directly to safety agents, 911 and first responders. The company’s platform offers technology, insurance, and healthcare companies a turn-key API for adding 24/7 monitoring, voice, and data emergency response services. With a few lines of code, partners are able to integrate enhanced verification and high-touch monitoring backed by over 15,000 first responder agencies, enabling faster and smarter responses.
Some of the covered incidents include health monitoring, vehicle crash detection, home security, residential and commercial fire, enterprise security, gunshot detection, personal safety, critical event management and natural disasters.
So far this year, RapidSOS has supported first responders in managing over 130 million emergencies.