What is mPrest?
Founded in 2003 and headquartered in Petah Tikva, Israel, mPrest specializes in developing and deploying advanced software solutions designed for the rigorous demands of law enforcement and public safety agencies. Their technology focuses on mission-critical monitoring and control systems, ensuring operational efficiency and reliability in high-stakes environments. The company's expertise lies in providing robust software that supports complex operational needs, positioning it as a key player in the specialized field of public safety technology.
How much funding has mPrest raised?
mPrest has raised a total of $30M across 2 funding rounds:
Series A
$20M
Private Equity
$10M
Series A (2016): $20M with participation from GE Ventures and OurCrowd
Private Equity (2017): $10M led by Vector Limited
Key Investors in mPrest
GE Ventures
GE Ventures, the venture capital arm of General Electric, focuses on strategic investments in companies that align with GE's diverse industrial and technology sectors, including power, aviation, and healthcare.
OurCrowd
OurCrowd is an Israeli-based investment platform that enables accredited investors to participate in funding rounds for startups and technology companies, often focusing on early-stage ventures.
Vector Limited
Vector Limited, a New Zealand-based utility company, invests in energy infrastructure and technology, including renewable energy solutions and smart grid advancements.
What's next for mPrest?
The recent major strategic investment in mPrest signals a pivotal phase for the company, likely aimed at accelerating product development, expanding its global reach, and enhancing its technological capabilities. This capital infusion is expected to bolster mPrest's capacity to serve its existing client base while pursuing new market opportunities. The company's focus on mission-critical software for law enforcement suggests a strategic direction towards deepening its specialized offerings and potentially integrating new technologies such as AI and advanced analytics to further empower its clients.
See full mPrest company page
