202113 Jul

Mark43 Raises $101M in Series E Funding

Summary

The round was led by The Spruce House Partnership and Tiger Global Management with participation from Radcliff Companies, Australia’s 29th Prime Minister Malcolm Turnbull, and former Lord Mayor of Sydney Lucy Turnbull, Goldman Sachs, General Catalyst, Spark Capital, HighSage Ventures, and Avenir Capital. The company, which has raised a total of $257m to date, intends to use the funds to develop new products, foster dialogue between public safety agencies and the communities they serve, and continue to invest in its growth across the U.S. and abroad. The platform is used by major U.S. cities, including Atlanta, Washington D.C, San Antonio, and Seattle. With over 120 public safety agency customers across the U.S. and abroad, the company recently launched Mark43 RMS Essentials to address the largest and most underserved portion of the public safety market: agencies of 50 or fewer sworn personnel. The company will also continue to grow its international presence after signing a contract with the New South Wales Police Force in Australia, the third-largest police force in the English-speaking world, by establishing a new office in the United Kingdom and expanding its Toronto office to support its presence in Canada.

Source: Google

Funding

$101M
Amount
Jul 12 2021
Date
-
Investor
Mark43
Company

Classifications

Companies