According to one estimate, Americans call 911 about 240 million times every year.
Sending out emergency services to the right area sounds straightforward, however each 911 call is routed through one of countless call centers known as public safety answering points (PSAPs).
“Every 911 center is very various and they are as varied and distinct as the neighborhoods that they serve,” said Karin Marquez, senior director of public safety at RapidSOS.
One PSAP that serves New York City is a 450,000-square-foot, blast-resistant cube set on nine acres, however you also have “firms in rural America that have a single person working 24/7 and they’re there to respond to 3 calls a day,” Marquez noted.
Established eight years earlier, RapidSOS procedures more than 150 million emergencies each year throughout roughly 5,000 PSAPs. The company’s innovation assists call centers integrate requests from cell phones, landlines and IoT devices.
“Its technology is almost certainly incorporated into the mobile phone you’re carrying and a lot of the gadgets you have lying around,” Handling Editor Danny Crichton composes in a four-part series that studies the company’s origins and taking place success:
Full Bonus Crunch articles are just available to members
Use discount rate code ECFriday to save 20% off a one- or two-year subscription
- Part 1: The early years and why a consumer app company turned to govtech and incorporated services for innovation and device companies.
- Part 2: How RapidSOS made its pivot and why its current company model has actually performed so well.
- Part 3: To change 911 services, RapidSOS developed lots of business and specific partnerships.
- Part 4: Takes a look at the future of 911 and RapidSOS in light of limited facilities funding.
“I’ve honestly never fulfilled a business like RapidSOS with a lot of signed collaborations,” says Danny, who at first discussed the company six years earlier.
“It’s closed lots of collaborations and organization advancement deals, and with a few of the greatest names in tech. How does it do it? This story has to do with how it built an effective BD engine.”
Thanks quite for reading Bonus Crunch this week!
Senior Editor, TechCrunch
How to prepare for M&A, your most likely exit opportunity Image Credits: Reinhard Krull/ EyeEm(opens in a new window)/ Getty Images The headlines might be littered with mega deals, IPOs and SPACs, but in all likelihood, you will exit your startup through a fairly smaller merger or acquisition, Ben Boissevain writes in a visitor column.”
The IPO market is healthy again, however M&A still represents 88 %of exits: So far this year, there were 503 IPOs and 5,203 deals,” writes Boissevain, creator of Ascento Capital. “While it is good to strive for a billion-dollar-plus sale, an effective IPO or a SPAC deal, it is practical to prepare your startup for a smaller transaction.”How to get ready for M & A, your most likely exit avenue Duolingo enhances IPO cost target in boon to edtech startups Image Credits: Nigel Sussman(opens in a brand-new window)U.S. edtech business Duolingo bumped up its IPO rate range Monday morning,