Versaterm Public Safety US, Inc.

Versaterm Public Safety US, Inc. is a technology firm focused on providing public safety solutions, enhancing operational efficiency for law enforcement and emergency services through innovative software systems. Founded in 2015 and headquartered in Mesa, US, Versaterm Public Safety US, Inc. develops solutions tailored for public safety agencies.

The company has executed 7 deals, with the most recent occurring on July 27, 2021. Versaterm raised a total of USD 2. 50 mn, with the latest funding round being a Venture Debt round of USD 0. 65 mn.

The founding team includes Elon Kaiserman, Kenaniah Cerny, and Rahul Sidhu, who also serves as CEO. Versaterm specializes in providing a comprehensive suite of public safety solutions designed to enhance the operational efficiency of agencies across various sectors. Their core product offerings include advanced computer-aided dispatch (CAD) systems, emergency call handling tools, and forensic analysis solutions. These products aim to streamline workflows for law enforcement, fire and EMS, crime laboratories, court systems, and educational institutions, effectively addressing the unique challenges faced by these organizations.

Each solution is crafted to support agencies from the initial emergency call through to case resolution, ensuring that critical processes are managed seamlessly. Versaterm serves a diverse client base globally, including public safety organizations primarily in North America, with tailored services that meet community-specific needs. Versaterm generates revenue through a structured model that leverages subscription-based services and long-term partnerships with public safety agencies. Clients engage with Versaterm primarily through direct contracts, opting for tailored solutions that encompass ongoing support and system upgrades.

Their offering includes flagship products such as Versaterm CAD and Versaterm CallTriage, which are integrated into the daily operations of clients. Pricing plans are designed to accommodate the specific requirements of different agencies, allowing for flexibility based on the size and scope of services rendered. Transactions typically involve annual subscriptions, ensuring sustained service and continual updates, thereby fostering long-term relationships with customers in the public safety sector. Versaterm aims to enhance its product lineup by integrating SPIDR Tech, Inc.

into its Computer Aided Dispatch and Record Management System, leveraging the acquisition completed in July 2021. The company is focused on expanding into new geographic markets in North America, with a targeted growth timeline yet to be disclosed. The recent Venture Debt funding of USD 0. 65 mn will support these initiatives, facilitating product development and market entry efforts.