RapidDeploy
Financials
Estimates*
USD | 2019 | 2020 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 13.6m | 29.5m | 28.0m | 32.0m |
% growth | - | 117 % | - | 14 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | $12.0m | Series A | |
$29.0m | Series B | ||
$11.0m Valuation: $145m | Series B | ||
* | N/A | Late VC | |
* | $34.0m | Series C | |
* | N/A | Series C | |
Total Funding | $86.0m |
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Recent News about RapidDeploy
EditRapidDeploy is a cutting-edge technology company that revolutionizes emergency response systems, specifically focusing on 911 communication centers. The company offers an open, integrated emergency response platform designed to transform these centers into data-centric organizations. By integrating third-party data seamlessly, RapidDeploy enhances situational awareness and significantly reduces 911 response times. This integration ensures that critical information is available in real-time to telecommunicators and first responders, thereby improving the efficiency and effectiveness of emergency responses.
The primary clients of RapidDeploy are public safety organizations, including 911 communication centers of all sizes. These clients benefit from a unified public safety workflow where all data and systems are interoperable, meaning they can work together seamlessly. This interoperability allows for real-time data sharing and a more coordinated response to emergencies.
RapidDeploy operates in the public safety technology market, which is essential for modernizing emergency response systems. The company's business model is based on providing a cloud-based platform that offers significant cost savings compared to traditional on-premises solutions. Clients pay for the service, which includes transparent pricing with no hidden costs for upgrades and integrations. This model ensures that public safety organizations can adopt advanced technology without the financial burden typically associated with such upgrades.
Revenue is generated through subscription fees for the platform, which is priced competitively at half the cost of traditional on-premises systems. This pricing strategy not only makes the technology accessible but also ensures long-term customer retention by offering continuous updates and integrations at no additional cost.
In summary, RapidDeploy is a transformative player in the public safety technology sector, providing a data-driven, cost-effective solution for emergency response. The company's platform enhances situational awareness, reduces response times, and integrates seamlessly with existing systems, making it an invaluable tool for 911 communication centers.
Keywords: emergency response, 911 communication, data-centric, situational awareness, public safety, real-time data, cloud-based platform, cost-effective, interoperability, seamless integration.