What is Wrap Technologies?
Wrap Technologies, Inc. operates at the intersection of public safety and advanced engineering, providing critical tools for law enforcement and security personnel. The company's flagship offering, the BolaWrap 150, represents a significant innovation in non-lethal restraint technology, utilizing a kevlar tether to safely immobilize individuals. Beyond hardware, the firm has expanded its footprint into the digital domain with Wrap Intrensic, a comprehensive suite for body-worn cameras and evidence management, and the Wrap Reality Virtual Training platform. These integrated solutions are designed to enhance transparency, improve officer safety, and provide immersive training environments that leverage 3D computer graphics and proprietary software.
How much funding has Wrap Technologies raised?
Wrap Technologies has raised a total of $34.3M across 5 funding rounds:
Other Financing Round
$12.5M
Debt
$350K
Other Financing Round
$12.4M
Private Equity
$4.5M
Other Financing Round
$4.5M
Other Financing Round (2019): $12.5M, investors not publicly disclosed
Debt (2020): $350K led by PPP
Other Financing Round (2020): $12.4M, investors not publicly disclosed
Private Equity (2025): $4.5M, investors not publicly disclosed
Other Financing Round (2025): $4.5M, investors not publicly disclosed
Key Investors in Wrap Technologies
Undisclosed Investor
Undisclosed investor participating in the funding round.
PPP
Public-Private Partnership
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Wrap Technologies?
With the successful acquisition of $4.5M, Wrap Technologies is poised to deepen its penetration into the global policing market. The strategic roadmap likely involves scaling the production of its remote restraint devices while simultaneously enhancing the analytical capabilities of its digital evidence management software. Furthermore, the investment provides the necessary runway to refine the Wrap Reality platform, ensuring that law enforcement agencies have access to high-fidelity, scenario-based training that meets the evolving demands of modern public safety. As the company continues to mature, the focus will remain on operational efficiency and the expansion of its technological moat within the competitive landscape of security services.
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