Sp0n, Inc.

Sp0n, Inc. is a technology company that focuses on enhancing personal safety through its innovative Citizen app, which provides real-time alerts and updates on nearby emergencies, ensuring users stay informed and protected. Founded in 2015 in New York, US, Sp0n, Inc. operates the Citizen app that offers real-time safety alerts and incident tracking.

The company raised USD 72. 70 mn in Series C funding on December 17, 2020, led by Greycroft Partners, bringing the total amount raised to USD 72. 70 mn and valuing the company at USD 402. 18 mn post-money.

The founders of Sp0n are Andrew Frame and Barbora Bakošová, with Andrew Frame also serving as the CEO. Citizen offers a comprehensive personal safety network designed to empower users to protect themselves and their communities. The core product is the Citizen app, which provides real-time 911 alerts, live updates on incidents, and safety tracking features for friends and family. Users receive notifications within seconds of a reported emergency, such as a robbery or medical crisis, enabling them to make informed decisions about their safety.

The app functions by aggregating user-generated reports and official 911 alerts, allowing individuals to stay informed about nearby incidents and community safety issues. Citizen primarily serves urban markets across the United States, with significant user bases in cities like New York, Los Angeles, San Francisco, and Baltimore, catering to residents, public safety officials, and emergency responders. Citizen employs a multi-faceted revenue model that includes subscription offerings and potential partnerships with local municipalities and public safety departments. Users can access the basic functionalities of the app for free, while additional premium features may be available through a subscription model.

Partnerships with emergency services can provide a framework for enhanced services, improving responsiveness and resource allocation during crises. This structure supports both B2C interactions with individual users and B2B collaborations with government agencies and public safety organizations. The combination of user engagement and institutional partnerships enhances the app's utility, contributing to its role as a critical tool for community safety. In December 2020, Sp0n, Inc.

raised USD 72. 70 mn in Series C funding, which is part of a larger USD 73 mn equity and debt deal. This funding will be utilized to further develop the Citizen app, expand its features, and enhance user experience. The company also plans to target broader urban markets in the United States for expansion, aiming to increase its presence in cities beyond its current user base, potentially launching new offerings in 2022.