Nedbank makes equity investment in RapidDeploy

Nedbank has made an equity investment in RapidDeploy, an emergency response platform, making it the first South African institutional investor in the company, aligning with its ‘policy of investing in world-leading businesses and technologies that can deliver sustainable positive impact.’

The investment will support continued team growth in South Africa where the company was established, and retains some of its engineering and products teams. However, it is now headquartered in the US (Austin, Texas) and has partnered with nine states and several local energy communications centres.