Biofire Group Overview
- Year Founded
-
2016

- Status
-
Private
- Employees
-
48

- Latest Deal Type
-
Series A
- Latest Deal Amount
-
$21.8M
- Investors
-
36
Biofire Group General Information
Description
Developer of a smart gun technology designed to make firearms safer to use. The company's biometric technology has an intelligent locking mechanism designed around state-of-the-art biometrics, preserving privacy and civil liberties through a vertically integrated, full-stack, broad reimagining of the firearm industry, enabling gun owners to secure their firearms from unwanted users and allowing fast access when needed.
Contact Information
Website
www.smartgun.comCorporate Office
- PO Box 6342
- Broomfield, CO 80021
- United States
Corporate Office
- PO Box 6342
- Broomfield, CO 80021
- United States
Biofire Group Timeline
Biofire Group Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Later Stage VC (Series A) | 05-Feb-2024 | $21.8M | Completed | Generating Revenue/Not Profitable | ||
4. Seed Round | 11-May-2022 | Completed | Generating Revenue/Not Profitable | |||
3. Seed Round | 29-Jan-2021 | Completed | Product Development | |||
2. Seed Round | 07-Aug-2019 | $5.9M | $5.9M | Completed | Product Development | |
1. Grant | $250K | Completed | Product Development |
Biofire Group Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Seed 2 | ||||||||
Seed |
VC Exit Predictor
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Biofire Group Comparisons
Industry
Financing
Details
Biofire Group Competitors (1)
One of Biofire Group’s competitors is LodeStar Works, a Venture Capital-Backed company based in Radnor, PA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
LodeStar Works | Venture Capital-Backed | Radnor, PA |
Biofire Group Patents
Biofire Group Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-D1044994-S1 | Pistol | Active | 17-Feb-2023 | ||
US-D1046052-S1 | Pistol | Active | 09-Jan-2023 | ||
US-20230400274-A1 | Systems for managing an energy store at a gun | Pending | 13-Jun-2022 | ||
US-12044501-B1 | Techniques for determining a grip layout to improve gun ergonomics | Active | 06-Jan-2022 | ||
US-12080118-B1 | Message encoding for weapon communications | Active | 10-Sep-2021 | G07C9/37 |
Biofire Group Signals
Biofire Group Investors (36)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
10X Capital | Venture Capital | Minority | ||
5150 Capital | Venture Capital | Minority | ||
AG Collective Capital | Venture Capital | Minority | ||
Break Trail Ventures | Venture Capital | Minority | ||
Calm Ventures | Venture Capital | Minority |
Biofire Group FAQs
-
When was Biofire Group founded?
Biofire Group was founded in 2016.
-
Where is Biofire Group headquartered?
Biofire Group is headquartered in Broomfield, CO.
-
What is the size of Biofire Group?
Biofire Group has 48 total employees.
-
What industry is Biofire Group in?
Biofire Group’s primary industry is Aerospace and Defense.
-
Is Biofire Group a private or public company?
Biofire Group is a Private company.
-
What is Biofire Group’s current revenue?
The current revenue for Biofire Group is
. -
How much funding has Biofire Group raised over time?
Biofire Group has raised $52.9M.
-
Who are Biofire Group’s investors?
10X Capital, 5150 Capital, AG Collective Capital, Break Trail Ventures, and Calm Ventures are 5 of 36 investors who have invested in Biofire Group.
-
Who are Biofire Group’s competitors?
LodeStar Works is a competitor of Biofire Group.
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