ChainThink reports that on June 22, according to Fortune, U.S. public safety AI company Peregrine Technologies completed a $250 million Series D round, reaching a $6.8 billion valuation.
This round was led by existing investors, including Sequoia Capital, approximately 15 months after its previous round at a $2.5 billion valuation.
Peregrine's core product is a government data integration platform that unifies existing city data—including police records, 911 logs, licensing databases, sensor data, and emergency management systems—enabling real-time search, while incorporating role-based access control and comprehensive audit trails.
The company states that the platform itself does not collect or hold any data.
The platform currently serves over 400 law enforcement agencies, covering approximately 125 million people in North America, and is operating security fusion centers in 8 of the 11 host cities for the 2026 FIFA World Cup.
The company stated that the new funding will be used for product development, expanding its engineering and implementation teams, international expansion, and employee mobility programs. Co-founder and CEO Nick Noone said no decision has been made regarding an IPO, but the company is building internal infrastructure to prepare for a potential listing.