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New Deal


Announced

Completed

Andreessen Horowitz led a $150m Series D funding round in Flock Safety.

Financials

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Transaction Value£109m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Private Equity

Completed

Acquisition

Friendly

Single Bidder

Minority

Venture Capital

Management Consulting

safety-as-a-service

United States

Domestic

security systems

Synopsis

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Andreessen Horowitz, a venture capital firm, led a $150m Series D funding round in Flock Safety, a developer of public safety operating system. Additional investors include Meritech, Bedrock, Matrix Partners and Initialized. "DLA Piper has been an invaluable partner and trusted advisor throughout our company's journey, having now helped us negotiate multiple financings totaling $200 million. As we scale across the country in our mission to reduce crime rates and make communities safer through the use of ethically-built, cutting-edge technology, we are confident that we have exceptional counsel in our corner. Flock Safety looks forward to even more explosive growth in the years ahead," Garrett Langley, Flock Safety Founder and CEO.

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