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.
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
|