Peregrine

Peregrine

Real-time decision management for public safety

About Peregrine

Simplify's Rating
Why Peregrine is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

51-200

Company Stage

Series B

Total Funding

$58.5M

Headquarters

San Francisco, California

Founded

2018

Overview

Peregrine.io provides a platform designed for real-time decision and operations management, specifically aimed at public safety and law enforcement agencies. The platform integrates and centralizes data from various sources, allowing users to visualize and analyze this information securely. This helps organizations make quicker and more informed decisions, which is essential in critical situations. Unlike many competitors, Peregrine.io focuses on delivering enterprise-wide solutions that can be fully deployed in under 12 weeks, enhancing operational efficiency and reducing manual labor for its clients. The company's goal is to empower public safety agencies with the necessary data to address complex challenges effectively, ultimately contributing to the protection of lives and property.

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Significant Headcount Growth
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Funded Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • Peregrine raised $30 million in Series B funding, boosting expansion plans.
  • The platform is used by over 40 agencies, covering 25 million people.
  • Growing demand for real-time data analytics in public safety supports Peregrine's market.

What critics are saying

  • Competition from tech giants like Palantir threatens Peregrine's market share.
  • Public scrutiny over data privacy could impact Peregrine's reputation.
  • Budget constraints in government agencies may reduce spending on new technologies.

What makes Peregrine unique

  • Peregrine centralizes data from disparate systems with robust security and permission models.
  • The platform enables real-time decision-making crucial for public safety agencies.
  • Peregrine's solutions are fully deployable within 12 weeks, enhancing operational efficiency.

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Funding

Total Funding

$58.5M

Meets

Industry Average

Funded Over

4 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Peregrine
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

↑ 11%

1 year growth

↑ 8%

2 year growth

↓ -12%
SV Daily
May 5th, 2024
Friends and Family Lead $30 Million Series B in Peregrine

SAN FRANCISCO - Peregrine, a data integration platform that allows state and local government agencies to protect and serve their communities, announced a $30 million Series B funding round led by Friends & Family Capital and Fifth Down Capital with participation by existing investors Goldcrest Capital, Craft Ventures, Godfrey Capital, and other committed partners.

EIN News
May 3rd, 2024
Peregrine Secures $30M for Safety Tech Expansion

Peregrine, a public safety technology firm, has raised $30 million in a Series B funding round led by Friends & Family Capital and Fifth Down Capital, bringing its total funding to $60 million. The company plans to use the capital to hire engineers and other professionals as it expands its market presence. Currently, Peregrine's software is used by over 40 state, regional, and local agencies in 10 states, covering more than 25 million people. The funds will also support product expansion and address increasing demands in the public safety tech sector.

Finsmes
May 1st, 2024
Peregrine Raises $30M in Series B Funding

Peregrine raises $30M in Series B funding.

VC News Daily
May 1st, 2024
Peregrine Secures $30M Series B Funding

Peregrine, a data integration platform for state and local government agencies, has secured $30M in Series B funding. The round was led by Friends & Family Capital and Fifth Down Capital, with contributions from Goldcrest Capital, Craft Ventures, Godfrey Capital, and others.

Benzinga
May 1st, 2024
Peregrine Raises $30M To Help Keep Communities Safer

Loading. Loading...SAN FRANCISCO, May 01, 2024 (GLOBE NEWSWIRE) -- Peregrine, a data integration platform that allows state and local government agencies to protect and serve their communities, announced a $30 million Series B funding round led by Friends & Family Capital and Fifth Down Capital with participation by existing investors Goldcrest Capital, Craft Ventures, Godfrey Capital, and other committed partners.Peregrine enables leadership teams and personnel to make better split-second decisions in the highest-stakes circumstances. The applications of Peregrine's technology are as varied as the priorities and challenges that face its customers.The technology is deployed to solve unique citywide, regional, or statewide priorities and challenges. Local public safety agencies use Peregrine to disrupt criminal activity and better engage with their communities on crime prevention. Major cities and counties use the technology to reduce gun crimes, advance fairness in the criminal justice system, and improve emergency response efforts. State and regional agencies deploy the technology to handle high-scale problems like getting fentanyl off the streets, preventing human trafficking, and facilitating interagency data sharing to address the drivers of violent crime

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