Peregrine Raises $30M in Series B Funding

Peregrine, a San Francisco, CA-based provider of a data integration platform, raised $30M in Series B funding.

The round was led by Friends & Family Capital and Fifth Down Capital with participation from existing investors Goldcrest Capital, Craft Ventures, Godfrey Capital, and other committed partners.

The company intends to use the funds to further enhance its continued growth and to accelerate its hire to more than double headcount in 2024.

Founded in 2018 and led by CEO Nick Noone, Peregrine an advanced data integration platform that improves emergency response efforts and reduces violent crime by making existing data more accessible, understandable, and actionable. The technology is deployed to solve citywide, regional, or statewide priorities and challenges.

Peregrine connects structured and unstructured data across disparate sources to surface insights for some of the country’s most sophisticated government agencies. The platform enables search, investigation, management of operations, and secure collaboration in one place, enabling personnel to easily accomplish tasks that were once impractical or labor-intensive. The integration of existing data of any type or scale empowers people, and entire organizations, to ask questions and get answers in one place, in near real-time.

The company’s customers currently serve and protect more than 25 million people across the country.

Commenting on the news, Noone said: “Peregrine builds technology to solve state, regional, and local government agencies’ hardest problems faster and more effectively. Importantly, we enable stronger communities while protecting the privacy and civil liberties of customer and citizen data.”

FinSMEs

01/05/2024