Transforming Emergency Infrastructure
How RapidSOS's revolutionary emergency technology is saving lives
VENTURE VERSUS THE VIRUS
In times like this, we all need to hear — and share — constructive news about work being done to tackle problems caused by COVID-19. Here’s what some AVG portfolio companies are contributing.
Today’s Portfolio Company: RapidSOS
911 relies on the limited information a phone call can provide, when data exists that can save lives. In partnership with public safety agencies, RapidSOS has created the world’s first emergency response data platform that securely links life-saving data from over 350 million connected devices directly to 911 and first responders.
During the COVID-19 crisis, RapidSOS is working to maximize their responsiveness and support to understaffed and overburdened 911 centers. The entire team has rallied behind their mission to support public safety and build technology to save lives.
In addition, they’ve launched Jurisdiction View, a free new feature on the RapidSOS portal that has proven particularly useful during the crisis. The tool displays all active calls on a satellite map, making it easier to manage 911 calls across an area while displaying crucial information about callers the moment a call comes in, such as location, medical history, and ride-share data.
See video policy below.
What RapidSOS Focuses On
RapidSOS concentrates its efforts on three main areas of focus:
- Rich, contextual emergency data. Information can be linked from wearables, connected cars, mobile apps, and more to provide location, medical profiles, crash info, etc. to 911.
- One centralized clearinghouse. RapidSOS securely sends data to more than 4,700 public safety agencies, protecting over 90% of the country and serving international clients as well.
- Access at no cost, seamless integration. RapidSOS seamlessly fits into existing public safety workflows, at no cost to authorized public safety agencies.
How We’re Involved
Alumni Ventures Group’s fund for the MIT community, Castor Ventures, invested in the company, along with nine other AVG funds. AVG provides smart, simple venture portfolios with community to accredited individuals. PitchBook listed AVG as the third most active venture capital firm in the U.S. and the seventh most active in the world (2019).
New: Post-COVID Fund
AVG’s new Post-COVID Fund will invest in ventures that are both promising businesses and either directly or indirectly address the multiple impacts of the virus in healthcare, technology, services, data monitoring and analysis, learning, payments, communications, entertainment, and more.
Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit avg-funds.com/Disclosures.