Wilson Sonsini - ECP

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Firm Advises RapidSOS on $150 Million Financing Round

  • 03/22/24
  • Client Highlights
  • Communications and Networking

On March 5, 2024, intelligent safety company RapidSOS announced an additional $75 million raise led by funds and accounts managed by BlackRock, which closed the company’s latest round at $150 million. Wilson Sonsini Goodrich & Rosati advised RapidSOS on the transaction.

Also participating in the round were NightDragon, BAM Elevate, Insight Partners, the private investment division of Balyasny Asset Management, Manhattan Venture Partners, Acrew Capital, and Harmonic Growth Partners.

RapidSOS connects life-saving data from more than 540 million devices in our nation's homes, schools, trains, cars, buildings, and personal devices to over 16,000 public safety agencies and nearly 1 million first responders, leading to a faster and more accurate emergency response that saves lives and reduces the cost of recovery. In 2023, RapidSOS's Intelligent Safety platform processed over 3 billion data feeds used by highly trained operational teams and first responders to manage 171 million emergencies, covering over 99 percent of the U.S. population.

The Wilson Sonsini team that advised RapidSOS on the transaction included Randy Lewis, Catherine Riley Tzipori, Ignacio Celis-Aguirre, Benjamin Armuth, and Kristy Strohm.

For more information, please see RapidSOS’s news release.

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