Knightscope is developing technology that will predict and prevent crime. Crime has a $1+ trillion negative economic impact on the economy and our goal is to cut it in half with a combination of hardware, software and social engagement. This new profound level of technology has been widely covered by the media including the New York Times, NBC, FOX, CNET, Silicon Valley Business Journal, Mashable, Bloomberg, Forbes, TIME and numerous others.
Autonomous Data Machines, a large-scale deployment of autonomous technology, sensors, robotics, big data and predictive analytics, will gather real-time on-site data and combine it with existing large data sets as well as relevant geofenced social network feeds, allowing for a breakthrough ability to map the future in a given environment. These self-driving robots will help society build safer, engaged communities while significantly reducing costs and crime.
Looking for the next big idea, Stacy Dean Stephens (a former police officer) was seeking advice and help from a seasoned entrepreneur shortly after 9/11. While researching startups, he reached out to a young CEO – William Santana Li. Bill and Stacy quickly learned that they shared a passion for technology, hardware, brands, design and service. The two have worked on a number of projects together for more than 10 years and have developed a very collaborative shorthand that allows them to excel in their ventures...quickly.
We started Knightscope because we were horrified by the recent shootings at schools. There are over 138,000 schools in the US and 19,000+ law enforcement agencies and it is not practical, scalable or affordable to place an armed officer in every single school. But we can use technology to help build safer, engaged communities while reducing costs and reducing crime.
That spark has turned into a grander vision to cut the $1 trillion negative economic impact of crime in half!
Frequently Asked Questions
When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by Knightscope. Once Knightscope accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to Knightscope in exchange for your shares. At that point, you will be a proud owner in Knightscope.
Preferred equity is usually issued to outside investors and carries rights and conditions that are different from that of common stock. For example, preferred equity may include rights that prevent or minimize the effects of dilution or grants special privileges in situations when the company is sold.
A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. The investor effectively loans money to a startup with the expectation that they will receive equity in the company in the future at a discounted price per share when the company raises its next round of financing.
To learn more about startup investment types check out “How to Choose a Startup Investment” in our academy.
To make an investment, you will need the following information readily available:
- Personal information such as your current address and phone number
- Employment and employer information
- Net worth and income information
- Social Security Number or government-issued identification
- ABA bank routing number and checking account number (typically found on a personal check or bank statement)
Because Knightscope is offering its securities under Rule 506(c) of Regulation D, your status as an Accredited Investor will also need to be verified and you will be asked to provide documentation supporting your income, net worth, revenue, or net assets or a letter from a qualified advisor such as a Registered Investment Advisor, Registered Broker Dealer, Lawyer, or CPA.
Until a closing occurs, you may cancel your investment at any time, for any reason. You will receive an email when the closing occurs and your shares have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please go to your portfolio page.
Currently there is no market or liquidity for these shares. Right now Knightscope does not plan to list these shares on a national exchange or another secondary market. At some point Knightscope may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when Knightscope either lists their shares on an exchange, is acquired, or goes bankrupt.
You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement.
This is Knightscope's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity.
This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire investment amount. In addition to these risks, you should carefully consider the specific information and risks disclosed in Knightscope’s profile.