Companies · Public Safety & Security

Verkada Inc.

SAN MATEO · Public Safety & Security · refined from filed group “Other Technology · https://www.verkada.com/

Diligence memoA one-page analyst read on Verkada Inc. — recommendation, valuation, rhythm, risks.
$545.1M
Total raised · real
9
Rounds
0.1×
Latest step-up
Top 11%
Sector rank · raised
Series D+
Latest stage · inferred · Wed Nov 05 2025 00:00:00 GMT+0000 (Coordinated Universal Time)

Verkada Inc. has raised $545M over 9 rounds; too few niche peers to rank its valuation yet.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the public safety sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Active
  • Last raise 8 mo ago; this sector typically re-raises about every 12 months.
  • Raising on or ahead of the sector's normal rhythm.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Public Safety & Security

Verkada Inc. is one of 30 Public Safety & Security companies tracked from SAN MATEO. By capital raised it ranks among the largest (ahead of 90% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Modern, cloud-managed security cameras, access control, and smart building solutions in a single, fully integrated security system. Free 30-day trial. Easy setup.

Modern, cloud-managed security cameras, access control, and smart building solutions in a single, fully integrated security system. Free 30-day trial. Easy setup. Verkada Command achieves FedRAMP Moderate Authorization, bringing enterprise physical security and AI capabilities to federal agencies and contractors. Control your entire physical security operation from Verkada Command, our cloud-based management platform. Eliminate NVRs and servers by blending the reliability of on-prem with the scalability of the cloud. Bridge Command to existing cameras, alarm sensors, and door hardware From small and midsize businesses to Fortune 500 leaders User-friendly, intuitive and simple to navigate Technical support 24 hours a day, 7 days a week Plug & play, simple installation for devices Our 30-day trial includes one device and full access to the Command management platform.

ai/mlpublic-safety
Find Security Systems for the Modern Enterprise online

Trades publicly as Security Systems for the Modern Enterprise.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2025-11-05
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3B$2.5B$3.8B$5.0BPre-Seed · 2016-08-29 Raised $400K (real) Modeled valuation $15M (est)Pre-Seed2016Pre-Seed · 2017-02-28 Raised $340K (real) Modeled valuation $12M (est)Pre-Seed2017Seed · 2017-04-10 Raised $1.5M (real) Modeled valuation $44M (est)Seed2017Series A · 2018-03-20 Raised $12M (real) Modeled valuation $288M (est)Series A2018Series C · 2019-04-16 Raised $51M (real) Modeled valuation $1.4B (est)Series C2019Series C · 2019-04-16 Raised $51M (real) Modeled valuation $1.4B (est)Series C2019Series D+ · 2022-08-25 Raised $180M (real) Modeled valuation $3.0B (est)Series D+2022Series D+ · 2023-09-22 Raised $80M (real) Modeled valuation $1.1B (est)Series D+2023Series D+ · 2024-12-20 Raised $150M (real) Modeled valuation $1.5B (est)Series D+2024Series D+ · 2024-12-20 Raised $200M (real) Modeled valuation $2.0B (est)Series D+2024Series D+ · 2025-11-05 Raised $20M (real) Modeled valuation $164M (est)Series D+2025Cumulative $746M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$400K · 2016
Pre-Seed extension$340K · 2017
Seed$1.5M · 2017
Series A$12.0M · 2018
Series C$50.9M · 2019no Series B on file
Series C extension$50.9M · 2019
Series D+$180.0M · 2022
Series D+ extension$80.0M · 2023
Series D+ extension$150.0M · 2024
Series D+ extension$200.0M · 2024
Series D+ extension$20.0M · 2025

Stages are modeled from round size (public records carry no series label). No record for: Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 83%.

Modeled valuation trajectory
$164.1M
Base estimate est.
$113.3M
Conservative case
$195.4M
Upside case
$166.7M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the public safety sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $14.7M · 2016-08-292016Pre-Seed · modeled $12.5M · 2017-02-28Seed · modeled $44.2M · 2017-04-10Series A · modeled $288.2M · 2018-03-20Series C · modeled $1.4B · 2019-04-16Series C · modeled $1.4B · 2019-04-16Series D+ · modeled $3.0B · 2022-08-25Series D+ · modeled $1.1B · 2023-09-22Series D+ · modeled $1.5B · 2024-12-20Series D+ · modeled $2.0B · 2024-12-20Series D+ · modeled $164.1M · 2025-11-052025
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
85%
Survival probability
68% low · 94% high
1.25×/yr
Annual markup
1.40×/yr upside case
0.7 yr
Elapsed time used
0.7 yr actual, capped for stale marks
public safety
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
11 mo
Avg between rounds
$59.3M/yr
Capital velocity
9.8 yr
On record since
2016
First round
11
Rounds on file
How it compares to the market

Benchmarked against 30 companies in Public Safety & Security. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 116× above median
This company$545.1M
Sector median$4.7M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.2× of median
This company$20.0M
Sector median$130.0M
Modeled value — vs sector median (estimate, all stages) 1.5× above median
This company$164.1M
Sector median$109.5M

Raised more than 90% of sector peers (real $). Modeled value above 87% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$400K2016-08-29$2.2M$14.7M90%
Pre-Seed$340K2017-02-28$1.9M$12.5M90%
Seed$1.5M2017-04-10$7.5M$44.2M90%
Series A$12.0M2018-03-20$54.5M$288.2M90%
Series C$50.9M2019-04-16$339.3M$1.4B90%
Series C$50.9M2019-04-16$339.3M$1.4B90%
Series D+$180.0M2022-08-25$1.5B$3.0B90%
Series D+$80.0M2023-09-22$666.7M$1.1B90%
Series D+$150.0M2024-12-20$1.2B$1.5B90%
Series D+$200.0M2024-12-20$1.7B$2.0B90%
Series D+$20.0M2025-11-05$166.7M$164.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$400K2016-08-29
    • First recorded raise — entered as Pre-Seed.
    • 4 investors on this round.
  2. Pre-Seed$340K2017-02-28
    • Came back fast: 6 mo vs the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 8 investors on this round.
  3. Seed$1.5M2017-04-10
    • Came back fast: 1 mo vs the ~12 mo sector norm.
    • Round 4.4× larger than the prior — scaling up.
    • 1 investor on this round.
  4. Series A$12.0M2018-03-20
    • Raised 11 mo later, in step with the ~12 mo sector norm.
    • Round 8.0× larger than the prior — scaling up.
    • 1 investor on this round.
  5. Series C$50.9M2019-04-16
    • Raised 13 mo later, in step with the ~12 mo sector norm.
    • Round 4.2× larger than the prior — scaling up.
    • 7 investors on this round.
  6. Series C$50.9M2019-04-16
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 7 investors on this round.
  7. Series D+$180.0M2022-08-25
    • Raised again after 40 mo — slower than the ~12 mo sector norm.
    • Round 3.5× larger than the prior — scaling up.
    • 24 investors on this round.
  8. Series D+$80.0M2023-09-22
    • Raised 13 mo later, in step with the ~12 mo sector norm.
    • Round 2.2× smaller than the prior — bridge or down round.
    • 12 investors on this round.
  9. Series D+$150.0M2024-12-20
    • Raised 15 mo later, in step with the ~12 mo sector norm.
    • Round 1.9× larger than the prior — scaling up.
    • 2 investors on this round.
  10. Series D+$200.0M2024-12-20
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.3× larger than the prior — scaling up.
    • 21 investors on this round.
  11. Series D+$20.0M2025-11-05
    • Raised 11 mo later, in step with the ~12 mo sector norm.
    • Round 10.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2026 ~Q4
Modeled next raise · ~11mo cadence
$20.0M
Modeled next size est.range $20.0M$32.0M
0.1×
Last step-up
$59.3M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Mark Anderson19 other2025-11
Bill Trenchard4 other2017-04
Hans Robertson1 other2016-08
Benjamin Bercovitz2016-08
Filip Kaliszan2016-08
James Ren2016-08
Kameron Rezai2022-08
Lak Ananth2018-03
Tim Wilcox2019-04
Registry & provenance

Verkada Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1688873
SEC CIK
Recent activityActive

Discovered from verkada — the partnerships, launches, hiring and press it publishes about itself. Evidence the company is alive and what it is doing now, not financial data.

Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Camp Investors Ii, Inc.OtherSeries D+$200.0M$3.5Bnetwork1 shared operator · same stage
Twiin Inc.Public Safety & SecurityGrowth/Late$750.0M$17.0Bsame sector
First Due Holdings, Inc.Public Safety & SecurityGrowth/Late$783.0M$8.5Bsame sector
Matterhorn Parent, LLCPublic Safety & SecurityGrowth/Late$1.3B$35.8Bsame sector
Pilot.com, Inc.Other TechnologySeries C$149.2M$761.4Mnetwork1 shared operator
Kentik Technologies, Inc.Software / TechSeries C$94.4M$1.2Bnetwork1 shared operator
United First Responders Brands, IncPublic Safety & SecuritySeries A$7.5M$166.4Msame sector
Skinit, Inc.OtherSeries C$83.7M$97.7Mnetwork1 shared operator
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Vectice Inc.Other TechnologySeed$56.6M73%
Veeam Software Holding Inc.
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Media & ContentSeries D+$79.2M72%
Lakonia
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Tempo Management, LLC
Live home fitness training powered by computer vision.
Sports & FitnessSeries B$41.9M71%
Veda Data Solutions, Inc.Software / TechSeries C$1.1B71%
Vesmir Inc.Other TechnologySeed$49.7M71%
Vesal Security, Inc.CybersecuritySeed$18.5M71%
VelociData, Inc.Other TechnologySeries A$13.9M70%
Frequently asked
How much funding has Verkada Inc. raised?
Verkada Inc. has raised approximately $545.1M in disclosed capital across 9 recorded financing rounds, aggregated from public filings.
What is Verkada Inc.'s estimated valuation?
Provath's modeled valuation for Verkada Inc. is approximately $164.1M (modeled range $113.3M–$195.4M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Verkada Inc. at?
Verkada Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Wed Nov 05.
What does Verkada Inc. do and where is it based?
Verkada Inc. operates in the Public Safety & Security sector, based in SAN MATEO. Modern, cloud-managed security cameras, access control, and smart building solutions in a single, fully integrated security system. Free 30-day trial. Easy setup.
Explore related

See where Verkada Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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