Funding round
Verkada Series E
Verkada, which works in physical security solutions development in San Mateo, raised $200M in a Series E round announced on 19 Feb 2025, led by General Catalyst, at a $4.50B post-money valuation. 2 firms took part, 1 of them already investors. It is Verkada's sixth venture round on record; the one before was a Series D in Sep 2022.
$200M
Amount raised
$4.50B
Post-money valuation
2
Investors
1 lead
1.4x
Step-up from the Series D
$3.20B in Sep 2022
4.4%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Verkada at $4.50B after the new money, 1.4 times the $3.20B of its Series D (Sep 2022). The $200M bought investors about 4.4% of the company. It came 29 months after Verkada's Series D. It is 31% of the $644M Verkada has raised in the venture rounds on record. Verkada raised again 10 months later: a Growth round of $100M in Dec 2025, at $5.80B 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 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 this round 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
General Catalyst led the round with 1 other firm. General Catalyst had backed Verkada before.
Lead investor
- General Catalyst backs 574 venture-backed companies existing investor
Also in the round
- Eclipse backs 79 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series E rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tabby Payment Processing & Point of Sale | 12 Feb 2025 | $160M | $3.30B | Blue Pool Capital and Hassana Investment Company |
| Medical Supply Manufacturers | 1 Feb 2025 | $69M | not disclosed | Social Security Fund Zhongguancun Independent Innovation Fund |
| Auto Electrical Equipment | 28 Feb 2025 | undisclosed | not disclosed | CMG-SDIC Capital |
| Anthropic Tech Companies | 3 Mar 2025 | $3.50B | $61.50B | Lightspeed Venture Partners |
| Ualá Money Transfer | 20 Mar 2025 | $366M | $2.75B | Allianz X |
| Whatnot Tech Companies | 10 Jan 2025 | $265M | $4.97B | Greycroft and DST Global |
| Island Tech Companies | 26 Mar 2025 | $250M | $4.80B | Coatue |
| Perk Tech Companies | 28 Jan 2025 | $200M | $2.70B | Atomico and EQT |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did Verkada raise in its Series E round?
Verkada raised $200M in its Series E round, announced in Feb 2025.
Who led Verkada's Series E round?
General Catalyst led it, with Eclipse.
What was Verkada's valuation at the Series E round?
$4.50B post-money.
Did Verkada raise again after this round?
Yes: a Growth round in Dec 2025 of $100M at $5.80B post-money.