Peregrine, a data integration platform that enables state and local government agencies to protect and serve their communities, announced a $30 million Series B funding round led by Friends & Family Capital and Fifth Down Capital with participation by existing investors Goldcrest Capital, Craft Ventures, Godfrey Capital, and other committed partners.
Peregrine empowers leadership teams and personnel to make better split-second decisions in the highest-stakes circumstances. And the applications of Peregrine’s technology are as varied as the priorities and challenges that face its customers.
This technology is deployed to solve unique citywide, regional, or statewide priorities and challenges. And the local public safety agencies use Peregrine to disrupt criminal activity and better engage with their communities on crime prevention.
Major cities and counties utilize the technology to reduce gun crimes, advance fairness in the criminal justice system, and improve emergency response efforts. State and regional agencies deploy the technology to handle high-scale problems like getting fentanyl off the streets, preventing human trafficking, and facilitating interagency data sharing to address the drivers of violent crime. Customers continue to use the platform in new ways every day.
This new funding round will drive Peregrine’s continued growth, transforming how critical institutions within the public safety and criminal justice ecosystems (along with entire cities and counties) use data to improve outcomes and provide better services for the people they serve. This funding will also enable Peregrine to accelerate its hiring to more than double its headcount in 2024.
Peregrine connects structured and unstructured data across disparate sources to surface insights for some of the most sophisticated government agencies. The platform enables search, investigation, operations management, and secure collaboration in one place, enabling personnel to easily accomplish tasks that were once impractical or labor-intensive. The seamless integration of existing data of any type or scale empowers people and entire organizations to ask questions and get reliable answers in one place, in near real-time.
The company’s customers currently serve and protect over 25 million people across the country.
KEY QUOTES:
“Peregrine has been integral to reducing violent crime, helping us connect and leverage the data we have to achieve our ‘gangs, drugs, and guns’ mission.”
“Good technology makes researching and triaging more simple and more effective. We’re a data-driven department, and we emphasize precision. Tools like Peregrine support our mission.”
- Major Woolfolk, of the Atlanta Police Department, who oversees officers in charge of reducing violent crimes, including aggravated assaults, carjackings, and robberies
“Peregrine builds technology to solve state, regional, and local government agencies’ hardest problems faster and more effectively. Importantly, we enable stronger communities while protecting the privacy and civil liberties of customer and citizen data. We deploy and provide value in days or weeks, not months or years, at a price point our customers can afford. Technology platforms that can fundamentally change the way organizations make decisions are no longer reserved for the biggest public and private institutions with the largest budgets.”
- Nick Noone, CEO and co-founder of Peregrine
“Since our initial investment in their Seed Round, the mission focus of the team has enabled Peregrine to build an incredible software product and materially strengthen communities. We back entrepreneurs that transform big markets. Peregrine embodies this philosophy through its deep commitment to serve public safety agencies at the local, state, and national levels and beyond.”
- Colin Anderson, Founding Partner at Friends & Family Capital
