# SST

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sst

- Industry: Software
- Headquarters: Newark, US
- Website: http://www.shotspotter.com
- Total disclosed funding: $43M
- Latest round: Series B (Jul 15, 2012)
- Investors on record: 10

## About

SST, Inc. develops advanced public safety technologies with a focus on AI-driven solutions that enhance law enforcement and security operations, primarily through their flagship product, ShotSpotter®.Founded in 1996, SST, Inc. is based in Newark, US, and specializes in gunshot detection technology. The company has not undergone any major pivots in its operational strategy. Robert Showen is the founder, while Ralph Clark serves as the CEO. SST, Inc. has raised USD 30.8 mn through a public offering in June 2017, bringing the total amount raised to USD 30.8 mn across 12 deals.SST, Inc. focuses on advanced public safety technologies, particularly through its flagship product, ShotSpotter®, a gunshot detection system that enhances law enforcement response. Other offerings include SafePointe®, for discreet weapons detection, and CrimeTracer™ and CaseBuilder®, which enhance crime analysis and investigative processes. The company serves over 250 law enforcement agencies and various private sector clients including hospitals and educational institutions, helping them address safety challenges effectively.For the year 2024, SST, Inc. reported a revenue of USD 102.03 mn, with an EBITDA of USD 2.21 mn. Revenue is primarily generated through subscription-based models and long-term contracts with law enforcement and security organizations, ensuring ongoing support and maintenance for their technologies.SST, Inc. aims to expand its market presence by launching new products designed to enhance public safety, with expected releases aligned with emerging technologies. Recent funding from the IPO will be utilized to support these initiatives, including plans to enter new geographic markets by 2025. The company is also focusing on enhancing its existing product suite to maintain competitive advantage and meet evolving safety needs.

## Funding rounds

- Series B, Jul 15, 2012, $6.8M — Labrador Ventures, Levensohn Venture Partners, Claremont Creek Ventures, Lauder Partners, City Light Capital
- Series G, May 17, 2011, $6.9M — Labrador Ventures, Norwest Venture Partners, Levensohn Venture Partners, Claremont Creek Ventures, The Westly Group, Lauder Partners, City Light Capital
- Series D, Jun 17, 2008, $7.5M — Labrador Ventures, Band of Angels, Norwest Venture Partners, Levensohn Venture Partners, Claremont Creek Ventures, The Westly Group, Lauder Partners, City Light Capital, Broidy Capital Management
- Series C, Jun 5, 2007, $12M — Labrador Ventures, Levensohn Venture Partners, Claremont Creek Ventures, Lauder Partners, City Light Capital
- Series B, Apr 11, 2006, $9.4M — Labrador Ventures, Band of Angels, Claremont Creek Ventures, Lauder Partners, City Light Capital, RNR Ventures

## Investors

- Labrador Ventures (https://capitalatlas.ai/funds/labrador-ventures) — Series B, Series C, Series D, Series G
- Band of Angels (https://capitalatlas.ai/funds/band-of-angels) — Series B, Series D
- Claremont Creek Ventures (https://capitalatlas.ai/funds/claremont-creek-ventures) — Series B, Series C, Series D, Series G
- Lauder Partners — Series B, Series C, Series D, Series G
- City Light Capital (https://capitalatlas.ai/funds/city-light-capital) — Series B, Series C, Series D, Series G
- RNR Ventures (https://capitalatlas.ai/funds/rnr-ventures) — Series B
- Levensohn Venture Partners (https://capitalatlas.ai/funds/levensohn-venture-partners) — Series C, Series D, Series G, Series B
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series D, Series G
- The Westly Group (https://capitalatlas.ai/funds/the-westly-group) — Series D, Series G
- Broidy Capital Management (https://capitalatlas.ai/funds/broidy-capital-management) — Series D