Crime has a $1+ trillion negative economic impact on the U.S. economy every year and Knightscope is on a mission to cut it in half. Imagine if we could make the United States of America the safest country in the world – it would change everything for everyone.
Founded in April 2013, Knightscope is an advanced physical security technology that produces Autonomous Data Machines (ADMs). Knightscope’s ADMs are fully autonomous and self-driving gathering significant amounts of data from the environment in real-time and puts the terabytes of data in a usable formula for a human to utilize via its state-of-the-art user interface, the Knightscope Security Operations Center (KSOC).
The Company is presently deploying its technology with 30 clients, in 10 states and 3 time zones. Knightscope’s clients include malls, hospitals, corporate campuses as well as a movie studio, a stadium, a food distribution facility, a pharmaceutical company, a warehouse and a property manager. Westfield Malls, Samsung, Juniper Networks, ForeScout, Dignity Health and the Sacramento Kings, are among many of their distinguished clients. Machines under contract are for California, Florida, Georgia, Kentucky, Massachusetts, New York, Texas, Washington and Washington D.C.
The Company has reached an all-time high in customer interest with now 170+ potential clients in the pipeline at various stages of the sales process and maturity.
Key strategic investors include NTT DOCOMO, Konica Minolta, Flex Lab IX, and NetPosa. Knightscope has grown its team to over 45 employees in Silicon Valley where it designs and builds the technology with 85% U.S. content. Each machine is marked with the words “Designed and Built in Silicon Valley.”
Securing Our Future
Knightscope has already had huge success in the field, predicting and preventing crime. This new ground-breaking technology has already been able to assist a law enforcement agency in issuing an arrest warrant, helped catch a thief, caught a vandal and stopped a fraudulent insurance claim to name a few successes.
Knightscope provides its technologies on a Machine-as-a-Service (MaaS) business model to clients needing to enhance their security operations. Knightscope believes that the technology reduces the cost, time, complexity and stress of deploying traditional security commodity solutions. Knightscope provides ongoing software, firmware, and hardware upgrades free-of-charge so that clients can keep up with the pace of innovation streaming out of Knightscope’s headquarters in Silicon Valley.
Autonomous Data Machines
Knightscope builds its autonomous data machines at Knightscope’s headquarters in the heart of Silicon Valley and deploys them nationwide. The vast majority of Knightscope’s product and software is proprietary. Both the Knightscope K5 machine (outdoors) and Knightscope K3 machine (indoors) operate autonomously and are utilized by authorized security personnel as a force multiplier providing unprecedented situational awareness capabilities.
Current K3 & K5 Features
- 360 degree video: The K3 and K5 ADMs capture video from all angles and streams high definition 360- degree video viewable by all authorized personnel.
- Two-way audio: ADMs are equipped with speakers and microphones that allow intercom conversations between the security operations center and a person near a robot. Additionally, users may broadcast pre-recorded and live audio (public address) messages through one or multiple robots from anywhere in the world.
- Thermal Imaging: ADMs run thermal imaging and can push an alert at a certain threshold but also captures data for historical analysis or pattern recognition.
- Data Collection: The ADMs generate over 90 terabytes of data per machine, per year, providing an unprecedented ability to understand an environment at all times. The goal is that over time, the ADMs will be able to “see, feel, hear and smell” enabling a unique approach to sensor fusion and analytics.
We have travelled over 100,000 miles and operated in excess of 180,000 hours!
Knightscope Security Operations Center
Knightscope gives each client a custom, KSOC user-interface to track activity in the field and data collected.
Data is accessible through the Knightscope Security Operations Center (KSOC), an intuitive, browser-based user interface. Both the K3 and K5 integrate the 90 terabytes of data generated each year per machine into one comprehensive browser-based and mobile-based user interface through the KSOC.
Clients can recall, review, and save the data for forensic or event documenting purposes. And with Knightscope's mobile apps, a security professional can have the power of the technology at their fingertips. The Company drops new software code every two weeks and new hardware every few months, and its clients enjoy unlimited free software, firmware and at times hardware upgrades.
New Product Entry and Capabilities
Knightscope has commenced development work on the all-new Knightscope K7 Autonomous Data Machine. This four-wheel version of Knightscope’s technology stack will be able to traverse more difficult terrain opening additional significant growth opportunities in addition to the K3 (indoor) and K5 (outdoor) machines.
Additionally, the Company is developing weapon detection capability to include in its platform providing security professional enhanced situational awareness.
Looking for the next big idea, Stacy Stephens 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 15 years and have developed a collaborative shorthand that assists them in their ventures
We started Knightscope because we were horrified by the mass shooting at Sandy Hook and the impact of 9/11 on our country. And now the ongoing daily increase in violence globally has intensified our efforts. We want to build something great for our country and we believe down to our bones that we can use technology to help build safer, engaged communities while significantly reducing costs and reducing crime. That spark has turned into a grander vision to cut the annual $1 trillion negative economic impact of crime on the U.S. in half! Our team wakes up every morning with a singular focus and chance to do something about it - and we have and will continue to put our blood, sweat and tears into the effort of better protecting our country and keeping our communities safe. No matter what it takes.
- Custom t-shirt designed by Knightscope
All of the above plus:
- “K7 scale model” (deal toy)
- "Audio Robot Selfie" video clip of a machine announcing your custom broadcast message to share on social media and/or for private use
- Invitation to the K7 media event unveiling
All of the above plus:
- Limited edition Knightscope art print
- Ability to select the city & state for future on-site live demonstration (USA)
- Your custom designed K3, K5 or K7 digital wallpaper
All of the above plus:
- Paid airfare to Silicon Valley for a private tour of Knightscope’s HQ
- Dinner with the Knightscope management team
- Signature Series: your signature on a machine signed at production
- Professional "family photo shoot” with the K3, K5, and K7
It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment.
Frequently Asked Questions
"The SEC has qualified this offering" means the SEC has permitted Knightscope to offer for sale the securities described in the Offering Circular to investors such as you. The SEC is not judging the merits, accuracy, or completeness of the offering and information in the Offering Circular. Rather, the SEC is merely ensuring Knightscope has met all legal disclosure and regulatory requirements necessary to make these shares available to you.
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)
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. You will also find a copy of the Knightscope's Offering Circular, which has been qualified by the SEC. The Offering Circular includes important details about Knightscope's fundraise that you should review before investing.
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 and Offering Circular.