{"id":1950,"date":"2026-06-22T13:41:15","date_gmt":"2026-06-22T13:41:15","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=1950"},"modified":"2026-06-22T13:41:15","modified_gmt":"2026-06-22T13:41:15","slug":"exclusive-the-ai-company-powering-public-safety-operations-for-the-2026-world-cup-just-raised-250-million","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=1950","title":{"rendered":"Exclusive: The AI company powering public safety operations for the 2026 World Cup just raised $250 million"},"content":{"rendered":"
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That origin story is now Peregrine Technologies, a San Francisco-based AI data integration platform built from the back of a detective division in San Pablo, California. Peregrine raised $250 million in Series D funding at a $6.8 billion valuation, Fortune<\/em> learned exclusively. The round was led by existing investors, including Fifth Down Capital, Sequoia Capital, OG Venture Partners, Goldcrest Capital, XYZ Ventures, and Godfrey Capital.<\/p>\n

Read more Top CD rates from major banks on June 22, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more<\/a><\/p>\n

Peregrine\u2019s Series C round valued it at $2.5 billion just 15 months ago\u2014a nearly 3x jump in a single funding cycle. Noone declined to share revenue, but said the company has more than doubled its customer base over the past year, now serving more than 400 agencies and organizations representing roughly 125 million people across North America. He expects to be working with close to 1,000 cities by year-end.<\/p>\n

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The platform does something deceptively simple: it connects all the data a government agency already has\u2014police records, 911 logs, permit databases, sensor feeds, emergency management systems\u2014and makes it searchable and usable in real time, without collecting or owning any of it. <\/p>\n

Think of it as a search engine for a city\u2019s own institutional memory, with role-based access controls and a full audit trail baked in so supervisors can see who looked at what and why. Noone described the product as giving public safety leaders \u201cthe information they need to make their best possible decision in really critical moments.\u201d That includes identifying a child abduction suspect in minutes, coordinating hurricane evacuations, or, right now, running the security fusion center for eight of the 11 host cities for the 2026 FIFA World Cup.<\/p>\n

Rudolph, Peregrine\u2019s CTO, previously built data infrastructure for refugees at the United Nations High Commissioner for Refugees and worked at global health tech firm Dimagi. Noone ran Palantir\u2019s Special Operations business, including work on the intelligence platform used to track ISIS in Syria.\u00a0<\/p>\n

That duo has made Peregrine one of the fastest-growing companies in the govtech AI space, a market valued at roughly $25 billion in 2025 and projected to reach $109 billion by 2035. But it\u2019s also put the company squarely in the crosshairs of the civil liberties debate swirling around AI and law enforcement.\u00a0<\/p>\n

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A 2026 ITIF survey found that 54% of Americans believe AI-powered mass surveillance is too dangerous. Community members have shown up at city council meetings to oppose Peregrine contracts, citing the company\u2019s Palantir DNA. When asked about these points of tension, Noone didn\u2019t flinch. \u201cSilicon Valley has largely failed the American government, especially at the state and local level,\u201d he told Fortune<\/em>. \u201cGovernance controls and audit trails have unfortunately been abused by public sales and marketing\u2014often after organizations made a mistake. Broken promises have broken trust. I don\u2019t think words are enough.\u201d<\/p>\n

Read more Starmer quits and sets out plan for new U.K. PM by September<\/a><\/p>\n

The company\u2019s answer is to stop talking about what it can do and let existing customers do the talking instead\u2014a \u201cshow, don\u2019t tell\u201d posture it has deployed in every contested procurement. Peregrine doesn\u2019t use facial recognition, doesn\u2019t create or collect new data, and builds active flagging mechanisms, not passive ones, when data is misused. <\/p>\n

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Whether those guardrails are sufficient in a market this politically charged remains the open question. And competitors like Flock Safety, an $8.4 billion AI camera network company, have learned what happens when the backlash catches up to the product.<\/p>\n

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Peregrine\u2019s new capital will fund product development, engineering and implementation hiring, international expansion, and a liquidity opportunity for employees. Noone said the company hasn\u2019t yet decided whether to go public, but is building the internal infrastructure to be ready. <\/p>\n

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\u201cWe aspire to have an incredibly hygienic private organization that could be prepared in the future to operate as a public entity,\u201d he explained. \u201cBut demand from investors has outstripped supply, and we want to give liquidity to people who\u2019ve been building with us.\u201d <\/p>\n

An IPO, in other words, is not off the table\u2014it\u2019s just not the point.<\/p>\n

The point, at least according to Noone, is a modern, trusted data architecture for every community in America, and eventually, the world. <\/p>\n

\u201cWhat is the bottom of Maslow\u2019s hierarchy for a city?\u201d he asked. \u201cSafety plus the feeling of safety. That\u2019s what empowers people to be their best selves.\u201d\u00a0<\/p>\n

Read more Former New York governor Andrew Cuomo to co-chair joint venture between NYSE owner and crypto exchange OKX<\/a><\/p>\n

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Peregrine was built by former Stanford gymnasts and a Palantir veteran, and has nearly tripled its valuation in just 15 months.<\/p>\n","protected":false},"author":1,"featured_media":1949,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54],"tags":[],"class_list":["post-1950","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-venture-capital"],"yoast_head":"\nExclusive: The AI company powering public safety operations for the 2026 World Cup just raised $250 million - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=1950\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive: The AI company powering public safety operations for the 2026 World Cup just raised $250 million - 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