C5 Capital invests in emergency technology company RapidSOS
London-based technology investor C5 Capital has announced it has participated in a $21 million funding round raised by New York-based RapidSOS . The company is a team of ~135 led by . It has previously secured $98.7 million in funding.
Founded in 2012, RapidSOS developed an emergency response data platform that links life-saving data from more than 350 million connected devices and mobile apps directly to emergency response centers and first responders, sharing real-time information such as a caller’s name, location, and opt-in health information. This data is critical to helping emergency response centers accelerate their response, especially in the millions of emergencies where it is challenging for the caller to speak. As first responders globally are facing unparalleled challenges amidst COVID-19, RapidSOS technology has proved a crucial resource to many.
“RapidSOS’ transformative technology, scalable business model and mission-driven culture represent the key elements we look for in our investment strategy. We are privileged to join an esteemed shareholder group and help support a highly talented management team to realize its ambition to enhance global emergency response systems.” – Zulfe Ali, Managing Partner at C5 Capital who leads C5’s impact investments.
