What is Wrap Technologies?
Headquartered in Miami, Florida, Wrap Technologies, Inc. operates at the intersection of law enforcement innovation and public safety infrastructure. The company is best known for its BolaWrap 150, a remote restraint device designed to de-escalate volatile situations without the use of lethal force. Beyond hardware, the firm has diversified its portfolio to include Wrap Intrensic, a comprehensive digital evidence management system, and the Wrap Reality Virtual Training platform. By integrating immersive 3D training with real-world tactical tools, Wrap Technologies addresses the critical need for transparency and accountability in modern policing. The company's business model leverages both hardware sales and software-as-a-service (SaaS) components, positioning it as a key player in the global security technology market.
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
Stock/Share Issuance
$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
Other Financing Round (2025): $4.5M, investors not publicly disclosed
Stock/Share Issuance (2025): $4.5M, investors not publicly disclosed
Key Investors in Wrap Technologies
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Wrap Technologies?
With the recent influx of capital, Wrap Technologies is well-positioned to accelerate its research and development pipeline and expand its market penetration. The strategic focus will likely shift toward enhancing the software capabilities of its digital evidence management suite and scaling the adoption of its virtual reality training modules. As the demand for non-lethal policing alternatives continues to rise globally, the company is expected to leverage this financing to strengthen its supply chain and bolster its sales force. Investors are closely monitoring how these resources will be deployed to capture additional market share in the enterprise-level public safety sector, particularly as the firm navigates the complexities of international regulatory environments and evolving law enforcement requirements.
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