Diligence memo · auto-generated · as of July 2, 2026
Verkada Inc.
Verkada Inc. has raised $545M over 9 rounds; too few niche peers to rank its valuation yet.
Businessfiled
Verkada Inc. operates in Public Safety & Security, 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.
Sub-sector tags: ai/ml, public-safety.
Capital & rounds (filed)filed
Verkada Inc. has raised $545M in disclosed capital across 9 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $200M on 2024-12-20.
Most recent recorded round closed around 2025-11-05.
Valuation (modeled)modeled
Provath models Verkada Inc. at approximately $164M (range $113M–$196M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Historic cadence: a new round about every 11 months.
Last raise 8 mo ago; this sector typically re-raises about every 12 months.
Raising on or ahead of the sector's normal rhythm.
The last round was 10.0× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 90% of Public Safety & Security peers (30 compared).
Modeled value ranks above 87% of those peers.
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.