Funding round
Flock Safety Series B
Flock Safety, which works in public safety technology manufacturing in Atlanta, raised $16M in a Series B round announced on 6 Apr 2020. 2 firms took part. It is Flock Safety's third venture round on record; the one before was a Series A in Nov 2018.
$16M
Amount raised
Not disclosed
Post-money valuation
2
Investors
no lead named
Valuation
What this round says about the price
Flock Safety did not disclose a valuation in this round; its last disclosed one was $60M at the Series A (Nov 2018). It came 17 months after Flock Safety's Series A. It is 2.3% of the $698M Flock Safety has raised in the venture rounds on record. Flock Safety raised again 7 months later: a Series C round of $47M in Nov 2020. Its next priced round, a Series H+ in Apr 2026, valued it at $8.40B.
Flock Safety's funding rounds
Flock Safety has 7 venture rounds on record. This one is highlighted.
- Seed 1 Jan 2017, led by Y Combinator $120K
- Series A 7 Nov 2018, led by Bedrock $10M$60M post-money
- Series B this round 6 Apr 2020 $16M
- Series C 2 Nov 2020, led by Meritech Capital $47M
- Series D 13 Jul 2021, led by Andreessen Horowitz $150M
- Series H+ 17 Apr 2026 $200M$8.40B post-money
- Growth 24 Jul 2026, led by Andreessen Horowitz $275M$7.50B post-money
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- backs 115 venture-backed companies new investor
- Matrix Partners new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and geographic expansion.
- Product development
- Geographic expansion
Comparable rounds
How it compares
The closest in time: 1 in Alarms, Surveillance & Security Systems, then Series B rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Verkada Alarms, Surveillance & Security Systems | 25 Apr 2019 | $40M | $540M | Meritech Capital and Sequoia Capital |
| Payment Processing & Point of Sale | 22 Apr 2020 | $150M | not disclosed | Union Square Ventures |
| Trade Republic Financial Services | 17 Apr 2020 | $67M | not disclosed | Accel and Founders Fund |
| Biotechnology | 23 Apr 2020 | $63M | not disclosed | EcoR1 Capital |
| Tech Companies | 23 Apr 2020 | $50M | not disclosed | ICONIQ Capital |
| Tech Companies | 1 Apr 2020 | $50M | $2.00B | Index Ventures |
| Electronical Components Manufacturing | 3 Apr 2020 | $49M | not disclosed | Walden International |
| Other Building Material Retailers | 30 Apr 2020 | $28M | not disclosed | Bain Capital Ventures |
Questions
Frequently asked
How much did Flock Safety raise in its Series B round?
Flock Safety raised $16M in its Series B round, announced in Apr 2020.
Which investors took part in Flock Safety's Series B round?
Initialized and Matrix Partners.
What was Flock Safety's valuation at the Series B round?
It was not disclosed; its last disclosed one was $60M at the Series A (Nov 2018).
Did Flock Safety raise again after this round?
Yes: a Series C round in Nov 2020 of $47M.