Startup of law enforcement agencies Peregrine technologies closed the funding round price $ 190 million run by Capital sequoiaMening the company based in San Francisco as a latest unicorn with a valuation of $ 2.5 billion.
The 7-year startup develops software for data evaluation, which allows state and local law enforcement agencies to create unstructured and disconnected data to assist you to higher understand and make decisions. The company’s platform was just used last month in Nowy Orleans in Super Bowl Lix by security officials.
Goldcrest capitalIN Capital of Friends and FamilyIN Fifth capitalIN And enterprise partners AND Godfrey Capital He also participated in the round.
“Peregrine is involved in providing the best software and the most talented engineering talent to the public safety domain,” said the co-founder and general director Nickname In release. “This significant investment managed by Sequoia Capital will unlock even greater development of the latest technologies to support various useful cases for government and commercial organizations around the world.”
Law enforcement agencies
While the financing of defense technologies has exploded among VC, law enforcement technology has increased a bit more slowly – with investors probably interested in the large federal contract potential of startups developing military technology greater than police sales.
Since then, the Peregrine increase has been the largest by law enforcement/public safety DataaminrThe platform of artificial intelligence designed for real -time event and risk detection, collected $ 475 million in series F in 2021 in 2021. data.
Last 12 months, the startups of law enforcement/public security collected almost $ 700 million.