Mark43

GovtechUSA
New to Unitard
βœ‚οΈ Markdown
  1. πŸ¦„
    Became a unicorn
    2021
  2. πŸ“ˆ
    Peak valuation
    $1 Billion ’21
  3. πŸ’”
    Became a Unitard
    2024
  4. πŸ’Έ
    Last valuation
    β€”
Current status
Dropped below $1B; removed from the Prime Unicorn Index in 2024 after a lower-priced Series F

The rise & fall

5 moments Β· 2012–2024

The key moments, with employee sentiment along the way.

2012
Founded by three Harvard students
The pitch: replace the ancient dispatch and records systems running America's police departments with cloud software.
Wikipedia
Jul 2021
The peak: $1B on a $101M Series E$1B
General Catalyst, Spark Capital, Bezos Expeditions and Tiger Global back the public-safety software maker into the unicorn club.
Crunchbase
From the inside Β· Glassdoor reviews, 2022–24
Glassdoor reviews traced the reset from inside: employees described deep 2022 layoffs that insiders blamed on hiring too fast, a leadership shake-up that brought in a new CEO, and years of near-constant reorgs with raises postponed and benefits trimmed while the company steadied itself.
2024
A Series F, priced down
New money arrives β€” but below the 2021 price.
Crunchbase
2024
Slips out of the club
After the lower-priced round, the Prime Unicorn Index drops Mark43 below the $1B threshold in Q3 2024.
Prime Unicorn Index

πŸ’¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—; dated facts carry their source.

How it happened

Mark43 builds cloud software for law-enforcement and public-safety agencies β€” computer-aided dispatch, records management and analytics used by scores of police departments. Backed by General Catalyst, Spark Capital, Bezos Expeditions and Tiger Global, it reached a $1B valuation on a $101M Series E in July 2021, but its 2024 Series F was priced lower and the Prime Unicorn Index dropped it below the $1B threshold in Q3 2024.

Source: Prime Unicorn Index / Crunchbase / Nasdaq Private Market (public-safety software maker β€” CAD, records and analytics for police β€” backed by General Catalyst, Spark Capital, Bezos Expeditions and Tiger Global; reached a $1B unicorn valuation on a July 2021 Series E; a 2024 Series F came at a reduced valuation and the Prime Unicorn Index removed Mark43 in Q3 2024 as its value fell below $1B)

Founders

  • Scott Crouch
    Co-founder & CEO (later Chairman)
    Still there β€” Co-Founder and Chairman of the Board of DirectorsLinkedIn β†—
  • Matthew Polega
    co-founder & president

Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.

More from the club

Same fate Β· down round / markdown
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