RapidSOS, creators of the first emergency response data platform, today announced it closed $85 million in Series C funding led by global venture capital and private equity firm Insight Partners.
The RapidSOS Platform powers 4,800-plus Emergency Communications Centers (ECCs) across the U.S., covering 92 percent of the population, and is integrated with over 350 million connected devices. These devices transmit real-time location, health and medical information, connected building and alarm data in an emergency.
“2020 reminded all of us of the heroic work that first responders do in our most challenging moments,” said Michael Martin, founder and CEO of RapidSOS. “We spent the past eight years building the RapidSOS emergency response data platform in partnership with thousands of first responders — collaborating with leading technology companies to provide the right data, at the right place, at the right time to save lives across over 150 million emergencies annually.”
The investment, which brings RapidSOS’s total funding to $200 million, will advance the company’s work to connect emergency data from digital health, smart buildings, security, connected vehicles and app companies with first responders.
With the support of Insight Partners and existing investors, RapidSOS plans to accelerate its partnership with first responders, supporting their work with data from devices equipped with the RapidSOS platform.
“Insight has a history of backing category-defining companies, and RapidSOS has all the makings of one in the emergency response space,” said Nikitas Koutoupes, managing director at Insight Partners. “We are excited to have our team of software ScaleUp and platform experts help drive RapidSOS’s mission.”
For more information, visit the RapidSOS website.