Benchmark Analytics, a SaaS-based platform specializing in data analytics for public safety agencies, has announced a strategic investment from PSG Equity. This investment is aimed at enhancing and expanding Benchmark’s solutions for law enforcement personnel management and officer wellness. Benchmark Analytics, co-founded by former police officers, leverages machine learning and data science to provide a comprehensive suite of tools designed to improve personnel management, reduce risk, and support officer wellness. As of March 2024, Benchmark serves agencies in 38 states, supporting over 2200 police, sheriff, and corrections agencies. With its First Sign Early Intervention system, Benchmark offers predictive analytics to identify at-risk officers, while its CARE platform provides action plans for officer support and wellness. In addition, the Benchmark Management System offers seven modules for various aspects of officer and agency management, and Benchmark Risk Solutions aids in risk assessment and mitigation. PSG Equity, known for its strategic investments in software and technology-enabled companies, sees this partnership as an opportunity to further advance GovTech solutions for public safety. Advisors in the transaction included Perella Weinberg Partners and legal counsel Kirkland & Ellis LLP.

Software as a Service (SaaS), GovTech, Private Equity, Artificial Intelligence and Machine Learning,United States, Global