First Due Valuation, Funding & Investors
First Due is valued at $6M as of April 2017.
Last First Due valuation
$6M
Seed · Apr 2017
Last First Due funding round
$355M
Undisclosed stage · Aug 2025
Cumulative funding First Due raised
$357M
across 3 funding rounds
Key investors in First Due
New York Angels
Harvard Business School
AngelFire Ventures
CPP Investments
TCV
JMI Equity
About First Due
First Due is a software platform for fire and EMS agencies that integrates pre-incident planning, mobile response, ePCR, NEMSIS-compliant reporting, scheduling, inspections, asset management, and community tools. Hosted at firstdue.com, it unifies operations for public safety organizations across the United States.
Founded
2016
HQ
New York City, NYWebsite
Status
Privately held
Customer focus
B2G
Revenue model
Subscription
Valuation
$6M (Apr 2017)
First Due Valuation
First Due is currently valued at $6M, based on its seed round in April 2017.
The $1M round was led by New York Angels, with participation from ARC Angel Fund, Harvard Business School and AngelFire Ventures.
First Due's valuation has grown 2.3x from $3M at its seed round in October 2015 to $6M in April 2017, across 2 priced rounds.
First Due valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2017 | Seed | $6M |
| Oct 2015 | Seed | $3M |
First Due Funding History
First Due has raised a total of $357M across 3 funding rounds.
First Due's first fundraising round was a $700K seed round in October 2015. The most recent completed round was a $355M undisclosed-stage round in August 2025.
First Due funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2025 | Undisclosed stage | JMI Equity (lead); CPP Investments; TCV; Serent Capital | $355M | - | First Due is a Miami- and New York-based all-in-one software platform for public safety agencies, providing AI-driven tools for fire, EMS, hospitals, and law enforcement operations. It serves over 3,000 agencies across the U.S. and Canada, including major customers like the State of Michigan, City of Charlotte, San Bernardino County Fire Protection District, and federal agencies such as the Department of Defense, with over half a million users streamlining operations for better response outcomes. On August 5, 2025, First Due secured a $355 million strategic minority growth investment led by JMI Equity, with participation from TCV and continued support from Serent Capital. The funding, described as a growth equity round, aims to accelerate product development, expand service delivery, enhance customer support, hire more employees, scale operations, and build additional AI capabilities. JMI Equity, a software-focused growth equity firm founded in 1992, has invested in over 190 companies, completed more than 120 exits, and facilitated 19 IPOs; its portfolio as of June 30, 2025, represents $10 billion in combined revenue and $84 billion in aggregate enterprise value. TCV, focused on category-defining technology companies, has invested over $21 billion in more than 350 firms since 1995, supporting over 150 IPOs and acquisitions. Serent Capital had previously made a minority investment in First Due in 2021. The investment underscores growing private equity interest in govtech and public safety software, positioning First Due to deliver at larger scale amid its rapid leadership in AI-driven public safety technology. Shea & Company served as exclusive financial advisor to First Due and Serent Capital. |
| Apr 2017 | Seed | New York Angels (lead); ARC Angel Fund; Harvard Business School; AngelFire Ventures | $1M | $6M | - |
| Oct 2015 | Seed | New York Angels (lead); Harvard Business School; AngelFire Ventures | $700K | $3M | - |
Who has invested in First Due?
8 investors have backed First Due across its funding rounds, including New York Angels, Harvard Business School, AngelFire Ventures, CPP Investments, TCV and JMI Equity.
Lead investors include JMI Equity and New York Angels.
First Due Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Boston, MA | 2 | Participant | Oct 2015 | |
| New York City, NY | 2 | Lead | Oct 2015 | |
| New York City, NY | 2 | Participant | Oct 2015 | |
| New York City, NY | 1 | Participant | Apr 2017 | |
 Toronto | 1 | Participant | Aug 2025 | |
| San Francisco, CA | 1 | Participant | Aug 2025 | |
This data is available for Pro users. Sign up to see all 8 First Due investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by First Due
First Due has acquired 1 company to date.
Last acquisition by First Due was on July 26th 2019. First Due acquired Data Chief for undisclosed valuation.
Latest Acquisitions by First Due
| Description | Data Chief is a provider of data integration and analytics platforms for emergency services including fire departments and police agencies. The company delivers mobile apps for incident reporting, community engagement surveys, and real-time dashboards aggregating body cam footage, radio logs, and CAD data to enhance response times. |
| HQ Country | |
| HQ City | New York City, NY |
| Deal Date | 26 Jul 2019 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all First Due acquisitions and their M&A valuation multiples. Start Free Trial | |
First Due Competitors
First Due competitors include listed companies like Track Group and XBP Europe, and private ones like Reportwell, Apollo AI, ForceMetrics and GovWorx.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Indianapolis, IN | Private | - | - | $7M | - | |
| Atlanta, GA | Private | - | - | $2M | - | |
| Denver, CO | Private | - | - | $54M | - | |
| Denver, CO | Private | - | - | $54M | - | |
| United States | Publicly listed | $35M | $4M | $21M | - | |
| United States | Publicly listed | $873M | ($53M) | $38M | 0.5x |
First Due Public Comps
First Due is still privately-owned, but its public comps include Prophecy International, FiscalNote, Hatena Co, Track Group, Binero Group, Aware, Integrated Research, C2C Advanced Systems, XBP Europe and Sylogist.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $15M | ($3M) | 0.2x | - | (1.0x) | - | |||
| $95M | ($32M) | 1.3x | 1.5x | (3.8x) | 12.2x | |||
| $24M | $3M | 0.4x | 0.4x | 2.8x | - | |||
| $35M | $4M | 0.9x | - | 7.0x | - | |||
| $49M | ($2M) | 0.7x | 0.6x | (22.6x) | 15.0x | |||
| $17M | ($6M) | 0.8x | - | (2.2x) | - | |||
| $49M | $11M | 0.0x | 0.0x | 0.1x | 0.2x | |||
| $15M | $4M | 2.8x | - | 10.5x | - | |||
This data is available for Pro users. Sign up to see all First Due competitors and their valuation data. Start Free Trial | ||||||||
Common questions about First Due
| When was First Due founded? | First Due was founded in 2016. |
| Where is First Due headquartered? | First Due is headquartered in New York City, NY, United States. |
| Is First Due publicly listed? | No, First Due is a private, VC-backed company. |
| What is First Due's valuation? | First Due was last valued at $6M in its seed round in April 2017. |
| How much funding has First Due raised? | First Due has raised $357M across 3 funding rounds. |
| What was First Due's last funding round? | First Due's last funding round was a $355M undisclosed-stage round in August 2025, led by JMI Equity. |
| Who are First Due's investors? | First Due's investors include Harvard Business School, New York Angels, AngelFire Ventures, ARC Angel Fund, CPP Investments, TCV, JMI Equity and Serent Capital. |
| Which companies are comparable to First Due? | Companies comparable to First Due include Reportwell, Apollo AI, ForceMetrics, GovWorx, Track Group and XBP Europe. |
| How many companies has First Due acquired? | First Due has acquired 1 company, including Data Chief. |
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