Carbyne raises $15M for its next-gen 911 service, as Founders Fund invests in its first Israeli startup –

Funding Rounds

Summary

911 and other emergency numbers have been a key route for people to contact medical, police or fire services, with some 240 million calls are made for urgent help in the US alone each year. Carbyne, a startup out of Israel that has developed a new emergency callout platform that helps providers pinpoint a callers’ exact location and enable other services to improve and speed up communication and response times — by some 65 percent on average — has raised $15 million in Series B funding. Led by Elsted Capital Partners, it also includes Founders Fund, the VC that has backed the likes of Facebook and Airbnb, but also startups that have made strong inroads into working with government and other public sector organizations on data-based services, such as Palantir, Anduril and Deep Mind (now a part of Google). ) Carbyne — originally called Reporty and rebranded earlier this year to the word for what is now considered to be the world’s strongest substance — lets emergency response providers connect with reporters through two products to fill that gap. RapidSOS also serves as a supplement that works just on mobile in the event that the legacy system falls over, and it really came into its own during the trio of tropical disasters last autumn across Puerto Rico, Texas and Florida.

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Amount $18.5M Total raised
Date August 14, 2018 Announcement date
Investors Founders Fund Lead investors
Company http://www.carbyne911.com/ Funded company

Classifications

industries
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applications
Data Management

AskAI Classifications

Labels
Public Safety Software Emergency Response Software SaaS

Linked Companies

RapidSOS
$10M to $25M