Funding round
Verkada Series A
Verkada, which works in physical security solutions development in San Mateo, raised $15M in a Series A round announced on 11 Apr 2018, led by Next47. 2 firms took part. It is Verkada's second venture round on record; the one before was a Seed in Sep 2017.
$15M
Amount raised
Not disclosed
Post-money valuation
2
Investors
1 lead
Valuation
What this round says about the price
Verkada did not disclose a valuation in this round. It came 7 months after Verkada's Seed. It is 2.3% of the $644M Verkada has raised in the venture rounds on record. Verkada raised again 12 months later: a Series B round of $40M in Apr 2019, at $540M post-money.
Verkada's funding rounds
Verkada has 7 venture rounds on record and 1 other deal. This one is highlighted.
- Debt not a venture round 28 Oct 2016 $400K
- Seed 21 Sep 2017, led by First Round $3.9M
- Series A this round 11 Apr 2018, led by Next47 $15M
- Series B 25 Apr 2019, led by Meritech Capital and Sequoia Capital $40M$540M post-money
- Series C 29 Jan 2020, led by Felicis $80M$1.60B post-money
- Series D 14 Sep 2022, led by Linse Capital $205M$3.20B post-money
- Series E 19 Feb 2025, led by General Catalyst $200M$4.50B post-money
- Growth 3 Dec 2025, led by CapitalG $100M$5.80B post-money
Investors
Who put money in
Next47 led the round with 1 other firm.
Lead investor
- Next47 new investor
Also in the round
- backs 212 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time, other companies' Series A rounds in Alarms, Surveillance & Security Systems:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Alarms, Surveillance & Security Systems | 4 Apr 2018 | $4.0M | not disclosed | Insignia Ventures Partners |
| Alarms, Surveillance & Security Systems | 25 Oct 2017 | $6.8M | not disclosed | CDIB Venture Capital Corp |
| Flock Safety Alarms, Surveillance & Security Systems | 7 Nov 2018 | $10M | $60M | Bedrock |
| Alarms, Surveillance & Security Systems | 17 Apr 2019 | $10M | not disclosed | Greycroft |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Verkada raise in its Series A round?
Verkada raised $15M in its Series A round, announced in Apr 2018.
Who led Verkada's Series A round?
Next47 led it, with First Round.
What was Verkada's valuation at the Series A round?
It was not disclosed.
Did Verkada raise again after this round?
Yes: a Series B round in Apr 2019 of $40M at $540M post-money.