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Mark43 Stock (MAFT)
Law Enforcement Software
Mark43 creates law enforcement software that allows police to collect, manage, analyze, and share information.
About Mark43 Stock
Founded
2012
Headquarters
New York, NY, US
Total Funding
316M
Industries
Software, Information Technology, Government and Military
Mark43 builds computer-aided-dispatch (CAD), records management systems (RMS), and analytics platforms for law enforcement and public safety agencies. Mark43 provides enterprises with implementation experience and products for over 120 public safety agencies of all sizes, with a special competency for major agencies.
Mark43 was founded in 2012 by Scott Crouch, Matt Polega, and Florian Mayr and is headquartered in New York. Notable investors include General Catalyst, Spark Capital, Breyer Capital, Bezos Expeditions, and Tiger Global Management.Â
Mark43 Press Mentions
Stay in the know about the latest news on Mark43
Mark43 Announces Insights to Bring Real-Time, Data-Driven Actionable Analytics to Public Safety Agencies
businesswire • Oct 16, 2024
The AlleyWatch Startup Daily Funding Report: 6/3/2024
alleywatch • Aug 03, 2024
The AlleyWatch Startup Daily Funding Report: 6/3/2024
alleywatch • Jun 26, 2024
Ahead of hurricane season, new survey of Florida residents reveals major safety concerns about disaster preparedness
businesswire • Jun 26, 2024
Mark43 Welcomes Teresa Carlson as Board Observer
morningstar • May 21, 2024
Investors in Mark43
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Mark43 Management
Leadership team at Mark43
Chief Executive Officer
Robert Hughes
Chief Financial Officer
Steven Salberta
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Mark43 Key Facts
- Mark43 offers a product suite that claims to deliver open end-to-end integrated software solutions that include Computer-Aided Dispatch (CAD), Records Management System (RMS), and advanced analytics, designed to streamline public safety operations. Mark43 aims to differentiate itself from other solutions through which first responders relied on software that was slow and expensive to update. Mark43's platform aims to reinvent these fundamentals on a hardware-agnostic and multi-tenant cloud platform that helps better prepare agencies for future technological change. In March 2025, Mark43 introduced new AI-powered features like BriefAI and ReportAI which can reportedly assist in case summarization and report writing. The company's innovative product suite and AI integration helps public safety agencies streamline their operations and become more efficient.
- Mark43 has forged strategic partnerships with government entities such as the San Diego Sheriff's Office and the National Institutes of Health Division of Emergency Management to modernize their technological infrastructures. Mark43 has also expanded its reach into the global sphere with a partnership with Cumbria Constabulary in the United Kingdom. These partnerships allow Mark43 to expand its customer base and boost the company's credibility in the public safety sector in the United States and across the globe.
- Mark43 has shown its commitment to data security and compliance by claiming to be the first public safety technology company to achieve the State Risk and Authorization Management Program (StateRAMP) High Impact Level Authorization. This certification shows the company's commitment to protecting the privacy and security of customer data especially for state, local and tribal governments. Mark43 also achieved the FedRAMP High Authorization which further demonstrated the company's ability to exceed the stringent security requirements necessary for handling highly sensitive federal information. These certifications can help distinguish Mark43 within a select group of cloud service providers and reflects its leadership within the industry.
- Mark43 relies heavily on established trust with police leaders as policing is a tight community that can be wary of vendors. If the company loses trust with from current customers it could have a negative effect on future customer acquisition within the public safety sector.
- Mark43 faces competition from several players in the industry who offer similar solutions aimed at helping agencies manage, share, collect, and analyze information to improve overall efficiency. Some of these competitors include CentralSquare Technologies, Tyler Technologies, Motorola Solutions, and Superion. These competitors can pose a challenge for Mark43 as they offer similar features and functionalities in the public safety software market. If Mark43 is not able to continue innovating and acquiring customers, the company might lose its market dominance.
- Data security concerns are extremely prevalent and many public safety agencies across the United States are grappling with challenges such as cyberattacks, legacy system outages, and the resilience and efficiency of their operations. While Mark43 hopes to solve these problems, the rise of cyber threats and data breaches could lead to financial strain on the company as it must invest in robust security measures and protocols to protect the data of its customers and maintain their trust.
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