NEW YORK — RapidSOS, an advanced emergency technology company, has raised an additional $16 million in funding led by Highland Capital Partners with participation from Microsoft Ventures and CSAA Insurance Group. Microsoft Ventures and CSAA Insurance Group’s funding accelerates the work of nearly every major public safety company, technology companies powering millions of devices, and three former FCC chairmen in working with RapidSOS to upgrade America’s public safety infrastructure.
“It’s been a privilege working with the public safety community to develop this technology and see the impact it can have on emergency outcomes,” said Michael Martin, CEO of RapidSOS. “9-1-1 telecommunicators manage over 200 million emergencies a year with little more than a voice connection. This funding will allow us to send life-saving data directly into the hands of first responders nationwide.”
Founded in 2013, RapidSOS has now raised over $30 million to date and spent the past five years working in partnership with the public safety community to develop an advanced Emergency Platform to link Internet of Things (IoT) devices directly to 9-1-1 and first responders in an emergency. Data from connected devices – such as real-time health data from wearables, telematics from connected cars, smoke density from smart homes, precise location from mobile devices, etc. – can provide unprecedented situational awareness for first responders, speeding response and saving lives.
“We’re excited to back RapidSOS as they work to transform emergency response globally,” said Leo de Luna, managing director at Microsoft Ventures. “RapidSOS’ NG911 Clearinghouse provides life-saving data from any connected device to 9-1-1 and first responders.”
Sanjiv Parikh, managing partner of corporate venture capital for CSAA Insurance Group said, “Investing in RapidSOS reflects our commitment to safety and security by enabling people to receive faster emergency response when they need it.”
The additional funding follows an exciting year for RapidSOS, with public safety agencies across the country integrating with the RapidSOS NG911 Clearinghouse, industry experts joining the team and Advisory Board, and dozens of new partnerships with public safety vendors and IoT companies.