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- Flock Safety
Flock Safety Revenue, Valuation, Funding & Investors
Flock Safety is valued at $7.5B as of March 2025, a 25.0x multiple on its last reported $300M revenue.
Last Flock Safety valuation
$7.5B
Series F · Mar 2025
Last Flock Safety funding round
$275M
Series F · Mar 2025
Flock Safety revenue
$300M
Series F · Mar 2025
Key investors in Flock Safety
Initialized Capital
Matrix Partners
Meritech Capital Partners
Bedrock
Y Combinator
Andreessen Horowitz
About Flock Safety
Flock Safety is an Atlanta-headquartered provider of artificial intelligence-powered license plate recognition cameras. Founded in 2017, the company equips United States neighborhoods, law enforcement agencies, schools, and businesses with solar-powered, wireless devices that capture license plates, vehicle descriptions, and timestamps. Its cloud platform enables searchable maps, instant alerts, and data sharing across communities to accelerate crime investigations including vehicle thefts and missing persons cases. Thousands of deployments support public safety from local police departments to homeowners associations nationwide.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B & B2G
Revenue model
Subscription
Revenue
$300M (Mar 2025)
Valuation
$7.5B (Mar 2025)
Sectors
Flock Safety Valuation
Flock Safety is currently valued at $7.5B, based on its Series F in March 2025.
The $275M round was led by Andreessen Horowitz, with participation from Greenoaks, Kleiner Perkins, Y Combinator, Sands Capital Ventures, Matrix Partners and 4 other investors.
Flock Safety's valuation has grown 125x from $60M at its Series A in November 2018 to $7.5B in March 2025, across 4 priced rounds.
Flock Safety valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Mar 2025 | Series F | $7.5B | 25.0x |
| Feb 2022 | Series E | $3.5B | 11.7x |
| Jul 2021 | Series D | $1B | - |
| Nov 2018 | Series A | $60M | - |
Flock Safety Revenue
Flock Safety's latest recorded revenue is $300M, as of its Series F in March 2025. At a $7.5B valuation, that implies a 25.0x revenue multiple.
Revenue moved from $300M in February 2022 to $300M in March 2025, while the revenue multiple moved from 11.7x to 25.0x.
Flock Safety revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Mar 2025 | $300M | $7.5B | 25.0x | Series F |
| Feb 2022 | $300M | $3.5B | 11.7x | Series E |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Flock Safety Funding History
Flock Safety has raised a total of $656M across 8 funding rounds.
Flock Safety's first fundraising round was a $100K seed round in August 2017. The most recent completed round was a $275M Series F in March 2025.
Flock Safety funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2025 | Series F | Andreessen Horowitz (lead); Greenoaks; Kleiner Perkins; Y Combinator; Sands Capital Ventures; Matrix Partners; Bedrock; Founders Fund; Tiger Global; Meritech Capital Partners | $275M | $7.5B | Flock Safety, founded in 2017 in Atlanta, Georgia, develops safety technology including automated license plate recognition cameras, gunshot detection, AI-powered video cameras, real-time crime intelligence software, and drone technology following the acquisition of Aerodome. The platform serves over 5,000 communities, more than 4,800 U.S. law enforcement agencies, and nearly 1,000 businesses such as healthcare systems and retailers, which account for about 30% of revenue. The company focuses on preventing and solving crimes like homicides, assaults, trafficking, and organized retail crime, while expanding into applications like traffic data collection for state departments of transportation. On March 13, 2025, Flock Safety raised $275 million in a funding round led by Andreessen Horowitz, with participation from Bedrock Capital, Greenoaks Capital, Meritech Capital, Matrix Partners, Sands Capital Ventures, Founders Fund, Kleiner Perkins, Tiger Global, and Y Combinator—all previous investors who returned. This brought the post-money valuation to $7.5 billion, up from $4.8 billion previously, and total funding raised to over $950 million. The capital will support innovation in investigative intelligence like the Nova platform, U.S.-based manufacturing including a new 100,000 sq ft facility in Georgia, product development, hiring in product, engineering, and sales, and market expansion. The round reflects strong traction, with Flock surpassing $300 million in annual recurring revenue—a 70% year-over-year increase—and high ROI for law enforcement customers. The company is preparing for a potential IPO, having hired CFO Brandon Simins for that purpose, though no timeline is set. Operating in public safety, law enforcement, private security, and smart city markets, Flock stands out as one of the best-funded surveillance tech startups, drawing rare Silicon Valley investment into law enforcement-focused tech. |
| Feb 2022 | Series E | Tiger Global (lead); Spark Capital; Initialized Capital; Matrix Partners; Andreessen Horowitz; Bedrock; 776 Capital; Meritech Capital Partners | $150M | $3.5B | Flock Safety develops automated license plate recognition (ALPR) technology and public safety surveillance solutions, including cloud-based video analytics, gunshot detection, and AI-powered cameras, offered on a subscription 'public safety-as-a-service' model charging around $2,400 annually per camera plus installation fees. The company serves over 2,500 communities and 2,000+ law enforcement agencies across 42 U.S. states, expanding from initial HOA customers to dominate with law enforcement now comprising the majority of revenue. Competitive pricing at about one-tenth the cost of incumbents has driven rapid adoption and network effects through shared data across jurisdictions. In February 2022, Flock Safety raised a $150 million Series E round led by Tiger Global at a $3.5 billion post-money valuation, with participation from Andreessen Horowitz, Bedrock, Initialized Capital, Matrix Partners, Meritech Capital Partners, and Spark Capital, matching the specified investors. Flock Safety's growth continued post-round, with later reports indicating $285 million ARR by end-2024 (Sacra) and over $300 million ARR in 2024 with 70% year-over-year growth. Total funding reached about $658 million by September 2025, followed by a $275 million raise at $7.5 billion valuation led by Andreessen Horowitz. The company expanded into drone technology via Aerodome acquisition and built a U.S. manufacturing facility. |
| Jul 2021 | Series D | Andreessen Horowitz (lead); Initialized Capital; Matrix Partners; Bedrock; Meritech Capital Partners | $150M | $1B | Flock Safety, founded in 2017 by Garrett Langley and Matt Feury, develops automated security and surveillance systems featuring the Falcon camera, which uses license plate recognition and machine learning to provide objective leads for law enforcement to solve crimes without bias. The company aims to eliminate crime by enabling neighborhoods, businesses, law enforcement, and city leaders to collaborate, and by July 2021, it had become the leading solution for crime reduction in over 1,200 cities across more than 40 U.S. states, contributing to 1% of crimes solved nationwide. On July 13, 2021, Flock Safety raised $150 million in its Series D funding round led by Andreessen Horowitz, with participation from existing investors Matrix, Bedrock, Initialized Capital, and Meritech Capital Partners. The capital was intended to accelerate product development, expand the team, support nationwide operations scaling, and further market expansion efforts amid surging demand. DLA Piper advised the company on the transaction, highlighting its role in supporting high-growth technology firms. Flock Safety's technology offers significant cost advantages over legacy vendors by leveraging software and machine learning rather than expensive hardware, allowing broader coverage of points of interest within law enforcement budgets. Devices enable pooling of digital evidence across agencies, enhancing effectiveness as adoption scales. The funding came during a nationwide spike in homicides, positioning Flock Safety to bolster crime reduction efforts across the U.S. Subsequent rounds included a $150 million Series E in February 2022 led by Tiger Global Management at a $3.5 billion valuation, and a $275 million Series F in March 2025 led by Bedrock and Andreessen Horowitz at a $7.5 billion valuation, with total funding reaching approximately $658 million to $961 million across multiple rounds. Investors like Andreessen Horowitz participated repeatedly, supporting innovation in safety technology, R&D, U.S. manufacturing, cloud platforms, and nationwide adoption. |
| Nov 2020 | Series C | Meritech Capital Partners (lead); Initialized Capital; Matrix Partners | $45M | - | Flock Safety is a public safety-as-a-service company that develops ethically-designed crime-solving technology, including automated security and surveillance systems deployed in communities to eliminate crime within a privacy-first framework. Founded in 2017 by Garrett Langley and Matt Feury, the Atlanta-based startup focuses on technology for public safety, with products reaching over 5,000 communities nationally by 2025. The company has raised capital across multiple rounds to scale deployments, improve network infrastructure, broaden its customer base, invest in technological enhancements, and support nationwide adoption. The specified Series C funding round occurred on November 2, 2020, raising $47 million led by Meritech Capital Partners, with participation from Initialized Capital, Matrix Partners, Founders Fund, Bedrock Capital, Y Combinator, Axon, and angels including Zac Bookman, Kevin Hartz, and Julia Hartz. This round more than doubled prior capital raised from around $30 million to over $80 million total at the time, funding efforts to scale deployments and enhance infrastructure. Alex Clayton of Meritech joined the board alongside Ilya Sukhar of Matrix Partners. Prior to Series C, Flock Safety completed a $15.9 million Series B on April 6, 2020, to support product improvements and market expansion. Subsequent rounds included a $150 million Series D in July 2021 led by Andreessen Horowitz, a $150 million Series E in February 2022 at a $3.5 billion valuation anchored by Tiger Global, and a $275 million Series F in March 2025 at $7.5 billion valuation led by Andreessen Horowitz and Bedrock, with Meritech and Matrix participating. Total funding exceeded $950 million by 2025, with key investors like Meritech focusing on growth-stage tech in GovTech and public safety. |
| Mar 2020 | Series B | Initialized Capital; Matrix Partners | $16M | - | Flock Safety raised $15.9 million in its Series B round in April 2020 to enhance platform features and support growth. Matrix participated in an earlier seed round in August 2018, and Initialized Capital joined in the November 2020 Series C round alongside Matrix. |
| Nov 2018 | Series A | Bedrock (lead); Y Combinator; Initialized Capital; Matrix Partners; Founders Fund | $10M | $60M | Flock Safety develops safety technology including license plate recognition cameras and surveillance systems for communities, law enforcement, businesses, and schools. In 2018, the company raised a $10 million Series A-1 round led by Bedrock at a $60 million post-money valuation, following a prior Series A and seed rounds from investors including Matrix and Y Combinator. This represented a near 3X valuation step-up from the earlier Series A closed months prior. Founders Fund and Initialized Capital participated in later rounds. The company was effectively pre-revenue at the time of Bedrock's initial 2018 investment. |
| Aug 2018 | Series A | Matrix Partners (lead); Initialized Capital | $10M | - | Flock Safety's more recent March 2025 Series F funding round, in which the company raised $275 million at a $7.5 billion post-money valuation, along with historical information about earlier rounds. |
| Aug 2017 | Seed | SV Angel; Y Combinator; Matt Bellamy; Initialized Capital; Anorak Ventures | $100K | - | - |
Who has invested in Flock Safety?
16 investors have backed Flock Safety across its funding rounds, including Initialized Capital, Matrix Partners, Meritech Capital Partners, Bedrock, Y Combinator and Andreessen Horowitz.
Lead investors include Andreessen Horowitz, Tiger Global, Meritech Capital Partners, Bedrock and Matrix Partners.
Flock Safety Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 7 | Participant | Aug 2017 | ||
| 7 | Lead | Aug 2018 | ||
| 4 | Lead | Nov 2018 | ||
| 4 | Lead | Nov 2020 | ||
| 3 | Participant | Aug 2017 | ||
| 3 | Lead | Jul 2021 | ||
| 2 | Participant | Nov 2018 | ||
| 2 | Lead | Feb 2022 | ||
| 1 | Participant | Mar 2025 | ||
| 1 | Participant | Aug 2017 | ||
| 1 | Participant | Mar 2025 | ||
| 1 | Participant | Feb 2022 | ||
| 1 | Participant | Aug 2017 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Flock Safety
Flock Safety has acquired 2 companies to date.
Last acquisition by Flock Safety was on January 6th 2025. Flock Safety acquired Uniform Sierra Aerospace for undisclosed valuation.
Latest Acquisitions by Flock Safety
| Description | Uniform Sierra Aerospace is a developer of small unmanned aircraft systems for public safety. Based in the United States, it designs user-friendly drones emphasizing adaptability, usability, and cost-effectiveness. The company targets first responders with fast-deployable sUAS for missions including search and rescue, surveillance, and emergency response. | Aerodome is a developer of Drone-as-First-Responder systems for public safety agencies. Based in El Segundo, California, the company deploys automated drone fleets from charging stations for rapid response to 911 calls, providing live video feeds and thermal imaging within 70 seconds. Aerodome equips police departments in Texas and California with integrated software that reduces officer dispatches by 80% for low-priority incidents. |
| HQ Country | ||
| HQ City | Lafayette, IN | New York City, NY |
| Deal Date | 6 Jan 2025 | 16 Oct 2024 |
| Valuation | undisclosed | $300M |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Flock Safety acquisitions and their M&A valuation multiples. Start Free Trial | ||
Flock Safety Competitors
Flock Safety competitors include listed companies like MSA Safety and Securitas, and private ones like CUBOX, Terra Industries, Rhombus Systems and Ontic.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $104M | - | ||
| Private | $3M | - | $100M | 33.3x | ||
| Private | - | - | $37M | - | ||
| Private | - | - | $23M | - | ||
| Publicly listed | $1.9B | $464M | $6.9B | 3.6x | ||
| Publicly listed | $16B | $1.3B | $8.9B | 0.8x |
Flock Safety Public Comps
Flock Safety is still privately-owned, but its public comps include MSA Safety, Securitas, Brink's, GEO Group, Brady, Verisure, ALSOK, Loomis, CoreCivic and Alarm.com.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.9B | $464M | 3.9x | 3.6x | 15.8x | 14.1x | |||
| $16B | $1.3B | 0.8x | 0.8x | 9.2x | 8.0x | |||
| $5.3B | $863M | 1.4x | 1.4x | 8.6x | 7.2x | |||
| $2.6B | $619M | 2.2x | 2.0x | 9.3x | 10.9x | |||
| $1.7B | $314M | 2.3x | 2.1x | 12.4x | 11.5x | |||
| $4.3B | $1.5B | 3.9x | 3.6x | 11.7x | 8.1x | |||
| $3.8B | $497M | 0.9x | 0.9x | 7.0x | 7.3x | |||
| $3.1B | $627M | 1.4x | 1.3x | 6.9x | 5.6x | |||
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Common questions about Flock Safety
| When was Flock Safety founded? | Flock Safety was founded in 2017. |
| Where is Flock Safety headquartered? | Flock Safety is headquartered in Atlanta, GA, United States. |
| Is Flock Safety publicly listed? | No, Flock Safety is a private, VC-backed company. |
| What is Flock Safety's valuation? | Flock Safety was last valued at $7.5B in its Series F in March 2025. |
| How much funding has Flock Safety raised? | Flock Safety has raised $656M across 8 funding rounds. |
| What was Flock Safety's last funding round? | Flock Safety's last funding round was a $275M Series F in March 2025, led by Andreessen Horowitz. |
| Who are Flock Safety's investors? | Flock Safety's investors include Initialized Capital, Matrix Partners, Bedrock, Meritech Capital Partners, Y Combinator, Andreessen Horowitz, Founders Fund, Tiger Global, Greenoaks, SV Angel and 6 others. |
| What is Flock Safety's revenue? | Flock Safety's latest recorded revenue is $300M (March 2025). |
| What is Flock Safety's revenue multiple? | Flock Safety's latest valuation implies a 25.0x revenue multiple ($7.5B valuation on $300M of revenue). |
| Which companies are comparable to Flock Safety? | Companies comparable to Flock Safety include CUBOX, Terra Industries, Rhombus Systems, Ontic, MSA Safety and Securitas. |
| How many companies has Flock Safety acquired? | Flock Safety has acquired 2 companies, including Uniform Sierra Aerospace and Aerodome. |
| What was the largest acquisition by Flock Safety? | The $300M acquisition of Aerodome in October 2024 is the largest acquisition Flock Safety has made to date. |
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