Peregrine raises $30M in a Series B funding round led by Friends & Family Capital and Fifth Down Capital to transform how critical institutions within the public safety and criminal justice ecosystems use data.
May 01, 2024•over 1 year ago
Amount Raised
$30 Million
Round Type
series b
Investors
Godfrey CapitalCraft VenturesGoldcrest CapitalFifth Down CapitalFriends & Family Capital
Description
Peregrine, a data integration platform for state and local government agencies, announced a $30 million Series B funding round led by Friends & Family Capital and Fifth Down Capital with participation from existing investors Goldcrest Capital, Craft Ventures, Godfrey Capital, and others. The funding will fuel Peregrine’s continued growth and accelerate hiring to more than double headcount in 2024.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech