RapidSOS, a New York-based intelligent safety company, secured an additional $75 million in funding.
SaaS Investors
The round was led by BlackRock, bringing the RapidSOS total round to $150M. Other participants in the funding round included NightDragon, BAM Elevate, Insight Partners, Manhattan Venture Partners, Acrew Capital, and Harmonic Growth Partners.
Established in 1988, BlackRock is an asset manager and private equity firm based in New York City, New York. The firm provides global investment management, risk management, and advisory services to institutional, intermediary, and individual investors globally. The firm seeks to invest in real estate, education, retail, energy, healthcare, materials, financial services, software, and information technology sectors.
About RapidSOS
RapidSOS is an intelligent safety company that harnesses artificial and human intelligence to fuse life-saving data. The company's solution allows connected devices to transfer data, such as location, and vehicle telematics, and connects building data, and health information, to telecommunicators and first responders in an emergency. RapidSOS connects life-saving data from over 540 million devices across various environments to 16,000+ public safety agencies and nearly 1 million first responders. Over 200 companies, including leading technology, consumer, transportation, logistics, and education companies, are now part of the RapidSOS ecosystem.
Funding Details
Company: RapidSOS, Inc.
Raised: $75.0M
Round: Unknown
Funding Month: March 2024
Lead Investors: BlackRock
Additional Investors: NightDragon, BAM Elevate, Insight Partners, Manhattan Venture Partners, Acrew Capital, and Harmonic Growth Partners
Company Website: https://rapidsos.com/
Software Category: Safety Platform
Source: https://rapidsos.com/our-latest/150m-funding-round-led-by-blackrock/