- New York-based emergency response technology company RapidSOS announced it has raised a $21 million funding round
New York-based emergency response technology company RapidSOS announced it has raised a $21 million funding round led by Transformation Capital. This round of funding also included participation from C5 Capital, Laerdal Million Lives Fund, and existing investors.
With this round of funding, RapidSOS will extend its work with 4,700+ public safety agencies globally, including providing health, connected building, wearable, telematics, and other critical data to first responders to empower faster and smarter emergency response.
“First responders are doing incredible work during this unprecedented pandemic,” said RapidSOS CEO Michael Martin. “With this funding, we can further connect health information from the patient in need, to first responders on scene, all the way to hospital systems, driving our mission to create a safer, stronger future where technology and people work together to save lives.”
RapidSOS has developed the world’s first emergency response data platform — which links life-saving data from over 350 million connected devices and mobile apps directly to 911 and first responders, sharing real-time information like a caller’s name, location, and opt-in health information. And this data is critical to helping 911 centers accelerate response, especially in the millions of emergencies where it is challenging for the caller to speak.
“Prior to RapidSOS, most emergency medical treatment had to occur without even knowing the patient’s name, much less any other data about the patient,” added Todd Cozzens, Managing Partner at Transformation Capital. “RapidSOS has transformed the way we respond to emergencies and we are excited to help them extend that reach into healthcare.”
Including this round of funding, the company has raised a total of $107 million. And it comes just over six months after RapidSOS announced the close of a $55 million round led by Energy Impact Partners.
“911 and first responder systems are critical pieces of our global infrastructure,” explained Admiral Michael Mullen, Operating Partner at C5 Capital and 17th Chairman of the Joint Chiefs of Staff. “I’m excited by the partnership between RapidSOS and thousands of public safety agencies to digitize emergency response.”
