Peregrine Technologies has closed a $250 million Series D at a $6.8 billion post-money valuation, nearly tripling its price tag in 15 months as the San Francisco data platform lines up to power security operations for eight of 11 U.S. host cities at the 2026 FIFA World Cup.
An Existing-Investor Round With A Few New Names
The round was led by existing backers — Fifth Down Capital, Sequoia Capital, OG Venture Partners, Goldcrest Capital, XYZ Ventures and Godfrey Capital — with Accel, Point72 and Caffeinated Capital joining as new investors. Founded by former Palantir engineers Nick Noone and Ben Rudolph in 2017, Peregrine now supports more than 400 public-sector agencies serving over 125 million people across North America, having doubled its customer base in the past year.
Data Fabric For Public Safety
Peregrine's platform connects siloed government data — police records, 911 calls, permit databases, camera systems and more — into a real-time, permission-aware search environment, without collecting or owning the underlying data. In Fairfax County, investigators used it to identify a child abduction suspect in 13 minutes; in Kansas City, it supported a data-driven deterrence initiative credited with contributing to an 18% drop in violent crime.
World Cup Deployment Ahead
The new capital will fund World Cup-scale deployments and product expansion in permission-aware AI agents for city operations. It arrives during a busy funding week that also saw Zenity land $125M Series C to secure the era of 1B AI agents, Buzz Solutions raise $20M Series A for grid AI, and Convex raise $57M Series B to harden backends for AI agents.
Reporting based on coverage from PR Newswire, Dealroom and Finsmes.