Verkada was founded in 2016 by Filip Kaliszan, James Ren, Benjamin Bercovitz, and Hans Robertson. In March 2023 Yahoo Finance reported the opening of five new offices. CEO and co-founder Filip Kaliszan commented in a statement to Yahoo Finance, "We are transforming the reliability, user experience and design of the connected building of the future. Staffed by world-class talent, these newly-opened hubs are essential to Verkada's continued growth and innovation as we scale globally."

Verkada is a building security company whose AI-powered hardware includes cameras, access control systems, and alarms. Per Forge data, Verkada has raised a total of $444.3 million in funding over 7 rounds. Their latest funding was raised on Oct 10, 2023, from a Series D round. Key investors include Linse Capital, First Round Capital, Alkeon Capital, Meritech Capital Partners, Felicis, and Sequoia Capital.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Will Verkada go IPO?

Verkada has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Verkada’s IPO price?

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When was Verkada founded?

Verkada was founded in 2016.

What is Verkada funding to date?

Verkada has raised $1.62B to date.

Who are Verkada’s major investors?

Sequoia Capital
First Round Capital
Meritech Capital Partners
Next47
Founder Collective
Webb Investment Network

Verkada Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
10/09/2023 Series D-2 $75MM $xx.xx $3.47B Alkeon Capital, Felicis Ventures, First Round Capital, Lightspeed Venture, Linse Capital, Meritech Capital, Msd Partners, Next47, Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
11,851,186
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alkeon Capital, Felicis Ventures, First Round Capital, Lightspeed Venture, Linse Capital, Meritech Capital, Msd Partners, Next47, Sequoia Capital
10/09/2023 Series D-1 $230MM $xx.xx $3.47B Alkeon Capital, Felicis Ventures, First Round Capital, Lightspeed Venture, Linse Capital, Meritech Capital, Msd Partners, Next47, Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
30,892,112
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alkeon Capital, Felicis Ventures, First Round Capital, Lightspeed Venture, Linse Capital, Meritech Capital, Msd Partners, Next47, Sequoia Capital
01/29/2020 Series C $80MM $xx.xx $1.59B Felicis Ventures, Meritech Capital, Next47, Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
18,492,827
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Felicis Ventures, Meritech Capital, Next47, Sequoia Capital
04/16/2019 Series B $51.79MM $xx.xx $520.91MM First Round Capital, Meritech Capital, Next47, Sequoia Capital
Price per Share
$xx.xx
Shares Outstanding
33,317,010
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
7.9%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
First Round Capital, Meritech Capital, Next47, Sequoia Capital
03/20/2018 Series A $14.94MM $xx.xx $77.16MM First Round Capital, Hans Robertson, H�Ctor Garc�A-Molina, Next47
Price per Share
$xx.xx
Shares Outstanding
56,885,685
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
First Round Capital, Hans Robertson, H�Ctor Garc�A-Molina, Next47
04/10/2017 Series Seed $3.81MM $xx.xx $12.7MM First Round Capital, H�Ctor Garc�A-Molina
Price per Share
$xx.xx
Shares Outstanding
60,599,199
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
First Round Capital, H�Ctor Garc�A-Molina
Updated on: Jan 2, 2025

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