Knightscope raised $21.9 million USD in its most recent Regulation A+ offering round, citing a $447 million valuation. However, Knightscope has struggled to grow, raising concerns about whether the company is a worthwhile investment.
In this report, IPVM examines the financial and ethical implications of this most recent round, including:
$22 million equity fundraising at $447 million valuation
Extremely high valuation of about 149x relative to sales
2018-2020 slow revenue growth
Valuation grows despite stagnant growth
Risks to average Knightscope unaccredited investor