Total amount raised
$655.6 Millions
Latest funding date
Location
Flock Safety has successfully raised $275 million over multiple funding rounds, achieving a valuation of $7.5 billion. The company provides end-to-end surveillance solutions to support law enforcement and communities.
Keep reading to explore the intricacies of Flock Safety's fundraising journey and the investors backing this innovative platform.
What Is Flock Safety?
Flock Safety, founded in 2017 by Garrett Langley and Matt Feury, is headquartered in Atlanta, Georgia. The company specializes in providing end-to-end surveillance solutions, including automated license plate recognition (ALPR) cameras, gunshot detection, and video surveillance.
With a mission to eliminate crime in communities, Flock Safety's products generate actionable evidence for law enforcement and other sectors. Their solutions are utilized by neighborhoods, schools, businesses, and law enforcement agencies.
Currently, Flock Safety employs between 501 and 1000 people, reflecting its rapid growth and significant impact in the field of community safety.
How Much Funding Has Flock Safety Raised?
- Seed Round
- Amount Raised: $120K
- Date: August 2017
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To secure initial funding for product development and market entry.
- Series A
- Amount Raised: $9.6M
- Date: August 2018
- Lead Investors: Matrix
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and scale initial operations.
- Series A-1
- Amount Raised: $10M
- Date: November 2018
- Lead Investors: Bedrock
- Valuation at Round: $60M
- Motivation Behind the Round: To secure early investment and support from Bedrock Capital.
- Series B
- Amount Raised: $15.9M
- Date: March 2020
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product features and expand market reach.
- Series C
- Amount Raised: $45M
- Date: November 2020
- Lead Investors: Meritech Capital Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and product development.
- Series D
- Amount Raised: $150M
- Date: July 2021
- Lead Investors: Andreessen Horowitz
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand product portfolio and reach more communities.
- Series E
- Amount Raised: $150M
- Date: February 2022
- Lead Investors: Tiger Global Management
- Valuation at Round: $3.5B
- Motivation Behind the Round: To support growth and prepare for potential future public listing.
- Series F
- Amount Raised: $275M
- Date: March 2025
- Lead Investors: Andreessen Horowitz
- Valuation at Round: $7.5B
- Motivation Behind the Round: To drive product innovation, research and development, and U.S.-based manufacturing.
Flock Safety has raised a total of $655.6M in funding, with a current valuation of $7.5B.
Key Investors
- Andreessen Horowitz
- Details: Andreessen Horowitz, also known as a16z, is a private venture capital firm that invests in both early-stage startups and established growth companies. The firm is known for its significant influence in the tech industry.
- Investment Focus Areas: Technology, healthcare, consumer products.
- Notable Investments: Facebook, Airbnb, Slack.
- Greenoaks Capital
- Details: Greenoaks Capital is a venture capital firm that focuses on technology and consumer companies. They are known for their long-term investment approach.
- Investment Focus Areas: Technology, consumer, financial services.
- Notable Investments: Stripe, Robinhood, Discord.
- Bedrock Capital
- Details: Bedrock Capital is a venture capital firm that invests in early-stage technology companies with transformative potential. The firm was founded by Geoff Lewis.
- Investment Focus Areas: Early-stage technology companies.
- Notable Investments: Cameo, RigUp, The Athletic.
- Meritech Capital
- Details: Meritech Capital is a late-stage venture capital firm that focuses on technology companies. They have a strong track record of successful investments.
- Investment Focus Areas: Late-stage technology companies.
- Notable Investments: Facebook, Salesforce, Snowflake.
- Matrix Partners
- Details: Matrix Partners is a venture capital firm that invests in early-stage technology companies. They have a history of backing successful startups.
- Investment Focus Areas: Early-stage technology companies, software, internet sectors.
- Notable Investments: HubSpot, Zendesk, Oculus.
What's Next for Flock Safety?
Flock Safety stands at the cusp of significant opportunities, driven by its mission to eliminate crime through advanced technology. With $275 million in new funding, the company is poised to expand its product portfolio, including U.S.-made drones and the Nova data intelligence platform. The construction of a 100,000-square-foot manufacturing facility in Georgia will bolster its production capabilities, while partnerships with over 4,800 law enforcement agencies and nearly 1,000 businesses underscore its market reach.
Future fundraising opportunities appear promising, with a potential IPO on the horizon. The company's rapid growth and substantial recurring revenue make it an attractive candidate for continued investment. However, Flock Safety must navigate challenges such as privacy concerns, regulatory hurdles, and competition from other public safety technology providers. Balancing innovation with community trust will be crucial as the company scales its operations and technology.
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