GovTech: Peregrine Raises $30M as Public Safety Tech Market Grows
The company, which sells data integration software for state and local agencies, plans a hiring spree. The company is eyeing steady growth as more governments demand better ways to assemble and use data.
Peregrine, a public safety technology firm that touts its “data integration platform,” has raised $30 million, capital that will help the company hire more engineers and other professionals as the market for its technology expands.
Friends & Family Capital and Fifth Down Capital led the Series B funding round, which also included existing investors Goldcrest Capital, Craft Ventures, Godfrey Capital and others. The company’s total funding has now reached $60 million, according to Crunchbase.
More than 40 state, regional and local agencies use Peregrine software, which provides data analysis, integrated emergency management, alerts to first responders and real-time dashboards.
The company can, for instance, take such information as vehicle location, shelter status, flood gauge data and forecasts to give a unified view of an emergency situation. Peregrine’s technology can also provide block-by-block breakdowns of crime trends and even wellness monitoring for police officers, among other offerings.
Peregrine, founded in 2018, plans to hire engineers, salespeople and deployment and training professionals with the new capital, Rob Wheeler, who handles growth, operations and customer advocacy for the company, told Government Technology via email.
A year ago, Wheeler said, the company had customers in a “handful of states,” but it now sells in 10 states to agencies that cover more than 25 million people.
“We expect to maintain or increase our overall growth trajectory, and that means ensuring we have the team to help craft solutions that allow state, regional and local government agencies across the country solve their hardest problems through better data-driven decisions,” he said.
Peregrine, based in San Francisco, also expects to expand its product boundaries in response to marketplace demands that promise to impact the larger public safety tech space.
“From the law enforcement market, we are seeing a natural pull into additional public safety end markets,” Wheeler said. “We’re seeing a lot of demand and currently supporting customers in the emergency management, criminal justice, as well as the fire and rescue spaces, and we’re pursuing those markets aggressively at the local, county and state level.”
He said the company has automated reporting for an entire county and is receiving “interest” from “agencies you wouldn’t necessarily expect, like departments of parks and recreation or public libraries.”
As an example of where this type of technology is headed, Wheeler cited the city of Atlanta. It uses Peregrine to analyze crime data alongside other sources of information such as code violations, grocery store accessibility, school turnover and business density.
Such data integration and analysis lead to what he called “neighborhood scorecards” that he said helps city officials plan service deployments and interventions.
Read the article on GovTech here.
