# Verkada

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

- Industry: Software
- Headquarters: San Mateo, US
- Website: www.verkada.com
- Total disclosed funding: $574M
- Latest round: Series F (Nov 5, 2025)
- Investors on record: 12

## About

Founded in 2016 and based in San Mateo, CA, Verkada, Inc. specializes in cloud-based security solutions that enhance building management and security across diverse sectors, including education and corporate environments. Founded by Benjamin Bercovitz, Filip Kaliszan, Hans Robertson, and James Ren The company focuses on providing integrated security solutions. In December 2025, Verkada,Inc. raised USD 100 million in growth capital funding led by CapitalG. The funding values the company at USD 5.8 billion post-money. Verkada, Inc. offers an integrated suite of cloud-based security solutions designed to streamline building management and enhance security across various facilities. Their core product offerings include all-in-one security cameras that leverage onboard storage and edge-based processing to deliver video security without the need for traditional NVR and DVR systems. The company also provides access control systems, environmental sensors for monitoring air quality, intrusion detection systems, and intercoms that facilitate communication across properties. These products are designed for diverse end-users, including educational institutions, municipal governments, and corporate environments, effectively serving over 33,000 customers in North America, Europe, and Asia. By integrating security technologies into a single, user-friendly platform accessible via web and mobile applications, Verkada aims to address the challenges of modern security management. Verkada's revenue model primarily revolves around subscription-based services tied to their cloud-managed platform, known as Command. Clients engage with Verkada through structured service agreements that typically include a monthly or annual fee for access to the Command platform, as well as for the maintenance and support of their hardware products. Transactions often involve a combination of direct sales and partnerships with resellers who facilitate customer access to Verkada's offerings. The pricing structure is designed to accommodate various customer needs, allowing for scalability as organizations grow. Key products such as the all-in-one security cameras and access control systems are integral to this model, enabling customers to enhance security measures while ensuring ongoing support and updates through the cloud. The company will use the December 2025 funding to bolster AI-driven workflows and scale its global footprint.

## Funding rounds

- Series F, Nov 5, 2025, $20M — CapitalG
- Series E, Dec 20, 2024, $150M — Meritech Capital Partners, Hong Shan, General Catalyst Partners, N47, First Round Capital, Felicis Ventures, Eclipse Ventures, Linse Capital, BDT & MSD Partners
- Series D, Sep 22, 2023, $80M — Lightspeed Venture Partners, Alkeon Capital Management
- Series D, Aug 25, 2022, $180M — Meritech Capital Partners, Hong Shan, N47, First Round Capital, Felicis Ventures, Linse Capital, BDT & MSD Partners
- Series C, Jan 29, 2020, $80M — Meritech Capital Partners, Hong Shan, N47, Felicis Ventures
- Series B, Apr 16, 2019, $51M — Meritech Capital Partners, Hong Shan, N47, First Round Capital
- Series A, Mar 20, 2018, $12M — N47, First Round Capital
- Seed, Apr 10, 2017, $1.5M — First Round Capital

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed, Series A, Series B, Series D, Series E
- N47 (https://capitalatlas.ai/funds/n47) — Series A, Series B, Series C, Series D, Series E
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series B, Series C, Series D, Series E
- Hong Shan — Series B, Series C, Series D, Series E
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series C, Series D, Series E
- Linse Capital (https://capitalatlas.ai/funds/linse-capital) — Series D, Series E
- BDT & MSD Partners (https://capitalatlas.ai/funds/bdt-msd-partners) — Series D, Series E
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series D
- Alkeon Capital Management (https://capitalatlas.ai/funds/alkeon-capital-management) — Series D
- General Catalyst Partners (https://capitalatlas.ai/funds/general-catalyst-partners) — Series E
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Series E
- CapitalG (https://capitalatlas.ai/funds/capitalg) — Series F