Funding round
RapidSOS Series B
RapidSOS, which works in emergency safety platform development in New York, raised $25M in a Series B round announced on 8 Oct 2019, led by Energy Impact Partners. 1 firm took part. It is RapidSOS' second venture round on record; the one before was a Series A in Apr 2017.
$25M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
RapidSOS did not disclose a valuation in this round. It came 30 months after RapidSOS' Series A. It is 5.3% of the $470M RapidSOS has raised in the venture rounds on record. RapidSOS raised again 8 months later: a Growth round of $21M in Jun 2020. Its next priced round, a Series D in Nov 2025, valued it at $1.00B.
RapidSOS' funding rounds
RapidSOS has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 25 Apr 2017, led by Highland Capital Partners $14M
- Other not a venture round 19 Apr 2018, led by Highland Capital Partners $16M
- Series B this round 8 Oct 2019, led by Energy Impact Partners $25M
- Growth 10 Jun 2020, led by Transformation Capital $21M
- Series C 9 Feb 2021, led by Insight Partners $85M
- Growth 25 Oct 2022, led by NightDragon $75M
- Growth 5 Mar 2024, led by BlackRock $150M
- Series D 19 Nov 2025 $100M$1.00B post-money
Investors
Who put money in
Energy Impact Partners led the round.
Lead investor
- Energy Impact Partners backs 99 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
541 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $22M, and this round was close to the median. The closest in time, other companies' Series B rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 21 Oct 2019 | $105M | $1.00B | Index Ventures |
| Tech Companies | 3 Oct 2019 | $80M | not disclosed | CapitalG |
| Tech Companies | 16 Oct 2019 | $56M | not disclosed | Tencent Holdings and Tiger Global |
| Tech Companies | 23 Oct 2019 | $50M | not disclosed | not named |
| Tech Companies | 23 Oct 2019 | $50M | not disclosed | Greenoaks and Threshold |
| Tech Companies | 28 Oct 2019 | $50M | not disclosed | not named |
| Tech Companies | 25 Oct 2019 | $45M | not disclosed | V FUND and Ling Feng Capital |
| Tech Companies | 4 Oct 2019 | $43M | not disclosed | not named |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did RapidSOS raise in its Series B round?
RapidSOS raised $25M in its Series B round, announced in Oct 2019.
Who led RapidSOS' Series B round?
Energy Impact Partners led it.
What was RapidSOS' valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Tech Companies?
541 Series B rounds in Tech Companies within a year either side disclosed an amount; the median was $22M, and this round was close to the median.
Did RapidSOS raise again after this round?
Yes: a Growth round in Jun 2020 of $21M.