Paladin, an AI-driven drone technology company, secured $5.2 million in seed funding to enhance public safety and first responder efficiency amid growing emergency call demands in the U.S.
Information on the Target
Paladin, founded by Divy Shrivastava in 2016, focuses on leveraging artificial intelligence to enhance public safety through autonomous drone technology. The impetus for creating the company arose from a tragic incident that affected Shrivastava's community, where a friend's home was lost to a fire. Engaging with local fire authorities unveiled critical challenges: the exponential growth of fires and the lack of timely information for first responders upon arrival. Paladin aims to bridge this information gap and improve response times.
The company’s mission revolves around facilitating first responders' efforts with real-time aerial assessments during emergencies. By utilizing advanced AI for drone navigation and real-time situational awareness, Paladin strives to significantly lower response times and enhance the safety of both responders and the communities they serve.
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Industry Overview in the Target’s Specific Country
In the United States, law enforcement agencies are experiencing significant operational challenges, with 87% of police departments functioning below their authorized staffing levels. Concurrently, 911 emergency operators are faced with an unprecedented number
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Khosla Ventures
invested in
Paladin
in 2023
in a Seed Stage deal
Disclosed details
Transaction Size: $5M