RapidSOS

RapidSOS

Emergency response data platform that links life-saving data from connected devices with 911 and first responders.

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$75.0m

Valuation: $425m

Series C
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues00000000000000000000
% growth-22 %19 %24 %-
EBITDA00000000000000000000
Profit00000000000000000000
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Dealroom estimates

More about RapidSOS
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RapidSOS is a tech startup that operates in the public safety sector, providing an intelligent safety platform. The company's primary function is to bridge the gap between people in need and emergency services by leveraging technology. It uses connected devices, apps, and sensors to gather critical data during emergencies and securely transmit it to RapidSOS safety agents, 911, and field responders globally.

The company's business model is based on partnerships with various entities, including device manufacturers, app developers, and public safety agencies. These partners integrate RapidSOS's technology into their systems, allowing them to send real-time data to emergency services during a crisis. This data is verified using artificial intelligence before being shared with first responders, ensuring accuracy and speed in emergency response.

RapidSOS's clients are diverse, ranging from individuals in need of emergency services to companies looking to enhance their safety features. The company's services are particularly beneficial to businesses in sectors where safety is paramount, such as transportation and home security.

RapidSOS generates revenue through these partnerships, charging fees for the integration of their technology and the use of their platform. The company is essentially modernizing the 911 system, transforming it from an analog-based system to a digital one, making it more efficient and effective.

In summary, RapidSOS is a tech startup that provides a vital link between individuals in emergencies and first responders, using advanced technology to deliver critical data quickly and accurately.

Keywords: Tech Startup, Public Safety, Emergency Services, Intelligent Safety Platform, Connected Devices, Real-Time Data, Artificial Intelligence, Partnerships, 911 Modernization, Revenue Generation.

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Investments by RapidSOS

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ACQUISITION by RapidSOS Sep 2024