Prepared Acquisition, Valuation, Funding & Investors

Prepared was acquired by Axon Enterprise for $800M in September 2025.

Prepared acquisition price

$800M

Acquired by Axon Enterprise · Sep 2025

Cumulative funding Prepared raised

$151M

across 7 funding rounds

Key investors in Prepared

  • M13
  • Andreessen Horowitz
  • First Round Capital
  • Gradient
  • General Catalyst
  • 8VC
  • Ironwood Ventures
  • Radical Ventures

Prepared Overview

About Prepared

Prepared is an AI-powered platform improving emergency response for public safety answering points across the United States. Headquartered in San Francisco, it offers automated triage for 911 calls, real-time multilingual audio translation in 100 languages, live video feeds, and multimedia sharing. Supervisors use its quality assurance dashboard for instant call evaluations. Prepared integrates with CAD systems like Motorola Solutions, deployed in agencies handling millions of calls yearly since 2020.


Founded

2019

HQ

United StatesNew York City, NY

Status

Acquired

Customer focus

B2G

Revenue model

Subscription

Valuation

$800M (acquired Sep 2025)

Prepared Acquisition

Prepared was acquired by Axon Enterprise for $800M on 23 September 2025.

Before the acquisition Prepared had raised $151M across 7 funding rounds.

Axon Enterprise, the global public safety technology leader, acquired Prepared, an AI-powered emergency communications platform founded in 2019, for $640 million. Prepared's platform synthesizes 911 call audio, text, video, GPS data, and real-time translation into a single integrated view, serving over 1,000 agencies across 49 states protecting nearly 100 million people. The acquisition, announced on September 23, 2025, and closed by early Q4 2025, strengthens Axon's end-to-end public safety ecosystem strategy by connecting emergency response from initial call through case closure and enabling faster response with greater operational context. The strategic rationale reflects Axon's broader mission to leverage AI for transforming emergency communications and response. Prepared's assistive AI toolbox consolidates critical functionality for Public Safety Answering Points (PSAPs) with features including two-way audio translation and 911 livestreaming, addressing staffing pressures and improving response efficiency. By integrating Prepared's technology with Axon's existing translation products and real-time crime center platforms, the combined entity creates a more comprehensive intelligence and coordination solution for first responders. This acquisition represents a significant validation of the public safety technology market and Prepared's founders' vision of applying software-driven innovation to critical infrastructure sectors, following the company's $130 million in total fundraising including backing from Andreessen Horowitz and General Catalyst.

Prepared acquisition details
AcquirerDateTypePrice
23 Sep 2025Strategic M&A$800M

Prepared Funding History

Prepared has raised a total of $151M across 7 funding rounds.

Prepared's first fundraising round was a $3M pre-seed round in December 2020. The most recent completed round was a $80M Series C in May 2025.

Prepared funding rounds

Prepared funding rounds
DateStageInvestorsRaisedDeal Summary
May 2025Series CGeneral Catalyst (lead); First Round Capital; Radical Ventures; Andreessen Horowitz$80MPrepared is a New York-based assistive AI platform founded in 2019 that serves public safety agencies and emergency response operators. The company's flagship offering is an end-to-end AI toolbox that consolidates critical functionality onto a single screen, enabling 911 operators at public safety answering points to address challenges associated with high call volumes, understaffing, and outdated tools. The platform includes features such as Automated Non-Emergency Triage, a dynamic AI voice assistant, and two-way audio translation capabilities to streamline emergency dispatch operations. Prepared announced a Series C funding round of $80 million on May 30, 2025, led by General Catalyst, with participation from returning investors Andreessen Horowitz (a16z) and First Round Capital, along with new investor Radical Ventures. This round brought Prepared's total capital raised to over $130 million, which the company plans to deploy toward research and development. Prepared has achieved significant market traction, partnering with over 1,000 agencies across 49 states that collectively serve approximately 97 to 100 million people. Notable clients include the Las Vegas Metropolitan Police Department, Delaware County Emergency Services, and the Metro Nashville Department of Emergency Communications.
Sep 2024Series BAndreessen Horowitz (lead); First Round Capital; NewView Capital; M13$27MPrepared is a leading assistive AI platform for public safety and emergency response, founded in 2019. The company provides an end-to-end AI toolbox that consolidates critical functionality for Public Safety Answering Points (PSAPs), including 911 livestreaming tools and two-way audio translation for non-English calls. As of the Series B announcement, Prepared worked with approximately 1,000 agencies across 49 states, serving nearly 100 million people. The company's Series B funding of $27 million was led by Andreessen Horowitz with participation from First Round Capital, M13, and NewView Capital, bringing total funding to approximately $60 million at that time. The capital was designated for general operations and research and development, with the company aiming to double down on R&D investments and expand its team and reach. CEO Michael Chime articulated a vision of using assistive AI to boost efficiency in 911 call responses, with emphasis on alleviating burden across the entire call flow and supporting first responders' judgment, instinct, and compassion through integrated AI systems. Subsequently, Prepared raised a $80 million Series C in May 2025 led by General Catalyst with participation from returning investors Andreessen Horowitz and First Round Capital, along with new investor Radical Ventures, bringing cumulative funding to over $130 million.
Oct 2023Series AAndreessen Horowitz (lead); M13; Gradient; VentureFund; Ironwood Ventures$16M-
Jul 2022Seed-$4M-
Apr 2022SeedFirst Round Capital (lead); 8VC; MVP Ventures; M13; Flucas Ventures; Risk and Return; Youcef Es-skouri; Gradient$10M-
Jan 2022Series A-$12M-
Dec 2020Pre-seedM13 (lead); Paul Gu; Joshua Browder; Dorm Room Fund; James Murphy$3M-

Who has invested in Prepared?

18 investors have backed Prepared across its funding rounds, including M13, Andreessen Horowitz, First Round Capital, Gradient, General Catalyst and 8VC.

Lead investors include General Catalyst, Andreessen Horowitz, First Round Capital and M13.


Prepared Investors

Investors in Prepared by funding rounds participated
InvestorHQRoundsRoleFirst check
M13United StatesLos Angeles, CA4LeadDec 2020
First Round CapitalUnited StatesPhiladelphia, PA3LeadApr 2022
Andreessen HorowitzUnited StatesSan Francisco, CA3LeadOct 2023
GradientUnited StatesSan Francisco, CA2ParticipantApr 2022
General CatalystUnited StatesSan Francisco, CA1LeadMay 2025
Paul GuUnited StatesUnited States1ParticipantDec 2020
NewView CapitalUnited StatesSan Francisco, CA1ParticipantSep 2024
8VCUnited StatesSan Francisco, CA1ParticipantApr 2022
MVP VenturesUnited StatesSan Francisco, CA1ParticipantApr 2022
Radical VenturesCanadaToronto1ParticipantMay 2025
Flucas VenturesUnited StatesWest Palm Beach, FL1ParticipantApr 2022
Risk and ReturnUnited StatesWashington, DC1ParticipantApr 2022
Youcef Es-skouriUnited StatesSan Francisco, CA1ParticipantApr 2022

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Prepared Competitors

Prepared competitors include listed companies like Guotai Epoint Sofware and e-Hualu, and private ones like Govini, Second Front Systems, Overjet and Augury.

Public and private companies comparable to Prepared
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
GoviniUnited StatesWashington, DCPrivate$100M-$1B10.0x
Second Front SystemsUnited StatesWilmington, DEPrivate--$785M-
OverjetUnited StatesBoston, MAPrivate--$712M-
AuguryUnited StatesNew York City, NYPrivate$100M-$1B-
Guotai Epoint SofwareChinaChinaPublicly listed$274M$14M$827M1.4x
e-HualuChinaChinaPublicly listed$69M($310M)$842M-
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Beijing Haitian Ruisheng$56M$5M13.8x14.0x160.9x-
Guotai Epoint Sofware$274M$14M1.3x1.4x26.2x25.3x
e-Hualu$69M($310M)24.1x-(5.4x)-
Jiuyuan Yinhai$184M$22M4.0x4.1x33.3x33.7x
Beijing Deep Glint Tech$23M($29M)25.1x8.7x(19.8x)(80.2x)
Fujian Boss Software$299M$40M2.8x2.9x21.1x21.0x
Horizon Quantum$269K($5M)2287.8x-(125.2x)(33.0x)
ODDITY Tech$810M$131M1.5x1.8x9.6x18.3x

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Common questions about Prepared

When was Prepared founded?Prepared was founded in 2019.
Where is Prepared headquartered?Prepared is headquartered in New York City, NY, United States.
Is Prepared publicly listed?No, Prepared was acquired by Axon Enterprise in September 2025.
Who acquired Prepared?Prepared was acquired by Axon Enterprise in September 2025.
How much was Prepared acquired for?Prepared was acquired for $800M in September 2025.
How much funding has Prepared raised?Prepared has raised $151M across 7 funding rounds.
What was Prepared's last funding round?Prepared's last funding round was a $80M Series C in May 2025, led by General Catalyst.
Who are Prepared's investors?Prepared's investors include M13, First Round Capital, Andreessen Horowitz, Gradient, General Catalyst, Paul Gu, NewView Capital, 8VC, MVP Ventures, Radical Ventures and 8 others.
Which companies are comparable to Prepared?Companies comparable to Prepared include Govini, Second Front Systems, Overjet, Augury, Guotai Epoint Sofware and e-Hualu.

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