Biofire

About

Biofire develops biometrically-authenticated firearms to prevent firearm accidents, criminal misuse, suicides, and other tragic outcomes.

Broomfield,Colorado,United States
11 - 50
https://biofire.io

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $14M
Industries: Biometrics,Consumer Electronics,Public Safety,Security
Founded date: Jan 1, 2016
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Biofire Group Inc.

Biofire's mission is to give gun owners better tools for reducing preventable gun injuries and deaths, especially among children. Since CEO Kai Kloepfer founded Biofire in 2016, the company has won respect and accolades from gun owners and other supporters who believe in technology’s potential to help reduce firearm accidents, criminal misuse, suicides, and other tragic outcomes. Biofire’s team has diverse backgrounds in aerospace, defense, medical, automotive, and firearm engineering.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$39.20M

Biofire has raised a total of $39.20M in funding over 2 rounds. Their latest funding was raised on Nov 7, 2022 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 7, 2022	Series A	$14M	8	Founders Fund	—	Detail
May 11, 2022	Seed	$8.20M	2	—	—	Detail
Aug 8, 2019	Seed	$17M	3	—	—	Detail
Sep 19, 2018	Non-Equity Assistant	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

9

Biofire is funded by 9 investors. Founders Fund and Gaingels are the most recent investors.

Investor Name	Lead Investor	Funding Round
Founders Fund	Yes	Series A
Gaingels	—	Series A
10X Capital	—	Series A
Draper Associates	—	Series A
Gavin De Becker and Associates	—	Series A
Service Provider Capital	—	Series A
Structure Capital	—	Series A
Will Manidis	—	Series A
MassChallenge	—	Non-Equity Assistant