From $2.5B to $6.8B in 15 Months, Peregrine's Founder - Ben Rudolph

Luba Show 57min 5 min #22
From $2.5B to $6.8B in 15 Months, Peregrine's Founder - Ben Rudolph
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Summary

  • Ben Rudolph, co-founder and CTO of Peregrine Technologies, traces his journey from Stanford gymnastics to building a $6.8B government technology company that integrates disparate data sources for public safety agencies, emphasizing deep customer embedding, service orientation, and execution over ideas.

Stanford gymnastics and meeting co-founder Nick

  • Ben and Nick met on the Stanford men’s gymnastics team (21 members), won a national championship together, and developed a bond rooted in intense shared effort, constant peer feedback, and balancing individual excellence with team goals.
  • Gymnastics taught them to work hard independently while staying aligned to a collective mission — a dynamic that later translated into Peregrine’s culture of autonomy, ownership, and accountability.
  • Ben’s junior-year knee injury ended his competitive career; he became team manager, staying close to the program.
  • Early Peregrine hiring leaned heavily on the gymnast network: first hire was a teammate, and ~25% of the first 22–23 employees had gymnastics backgrounds, valued for work ethic and high response rates to cold outreach.

Working with refugees at the UN

  • After college, Ben turned down an Airbnb offer to pursue a UNHCR innovation project started in a Stanford class pairing CS and political science students to build tech for refugee communication via mobile phones.
  • Spent 2.5 years at UNHCR doing monitoring and evaluation, integrating data across global offices to assess intervention effectiveness — his first experience seeing the power of unified data for real-world decisions.
  • Deployed to the Sudan border, interviewing refugees directly; the humbling, close-to-customer experience cemented his belief that you must “live the problem” to build meaningful solutions.
  • Later joined a Boston health-tech startup (Corps) delivering last-mile tools to community health workers; saw that government partnership dramatically amplified reach and impact, reinforcing his conviction that good governance is a high-leverage path to societal improvement.

Deciding to start the company

  • Ben and Nick stayed in touch; Ben told Nick at graduation (2012) to call if he ever wanted to start a company. Nick called in January 2017; they worked out together, decided to partner, and Ben moved to SF weeks later.
  • They started with a problem space — public safety and government — not a predefined product. Both had parallel experiences in gov/nonprofit work and shared a passion for building for institutions that “don’t get the best treatment.”

Moving into a police department for 18 months

  • After a “wilderness” period of cold-calling agencies, a commander at San Pablo PD (30 mins from SF, high-crime area) agreed to let them embed full-time after extensive background checks (polygraph, 10+ reference calls).
  • No product yet; mission was to help detectives solve cases daily. Learned the reality: pen-and-paper workflows, evidence burned onto 80MB CDs, manual hand-offs to DAs, crushing caseloads (armed robbery, homicide) where just accessing data was a bottleneck.
  • Within months, their data-integration background helped them see the pattern: explosion of siloed point solutions (body cams, 911, gunshot detection) with no unified layer.
  • Breakthrough moment: their prototype combined call-detail records (CDRs) from warrants with internal RMS data, resurfaced a cold-case homicide, generated a new lead, and they testified as expert witnesses at trial — proving the product’s power.

Where the Peregrine name comes from

  • Named after the peregrine falcon, a service-oriented bird used in Middle Eastern falconry (Nick had exposure there). Core value: service orientation — making partner organizations operate better.
  • Name emerged from extensive brainstorming; reflected their instinct to serve rather than sell.

Winning the California RFP

  • 2020 pandemic Christmas: team worked night and day in their SF apartment to respond to a state of California RFP (request for proposal) for emergency response tech, forwarded by an Amazon contact.
  • Built a full emergency operations center demo for a Lake Berryessa wildfire scenario; won a >$1M contract — “probably should not have won it” given their size, but the live, scenario-based demo proved their deployment capability.
  • Another inflection: 2024 Hurricane Debby in Florida; a deployment strategist volunteered to fly into Manatee County the weekend of landfall, integrated water gauges, 911 calls, and damage surveys on-site, enabling FEMA funding requests — exemplifying their “run toward the boom” ethos.

Growth from wilderness to product-market fit

  • First 3–4 years: ~25 people, heavy product R&D and deployment perfection, word-of-mouth growth. Seed raised at 12–14 months (lead: Goldcrest, also led Series A); govtech was unfashionable in 2017–18, but early believers backed the founders.
  • Product-market fit signals: cold case solved; walking into a New Mexico department and seeing Peregrine organically on screens, not forced.
  • 2020–21: cracked the go-to-market/procurement puzzle (long cycles, many delay points). 2022+: accelerated growth on back of successful deployments, reference customers, and a go-to-market team that speaks to each community’s specific priorities.
  • Now ~400 employees, deployed across Bay Area and nationally.

Biggest mistake and hardest lessons as a leader

  • Biggest mistake: initially dismissing company values as “words on a wall.” Realized values are the alignment mechanism at scale — e.g., “grab a shovel” (execute, get into details), “no words on the wall” (ironically, a value itself), and maintaining a very high hiring bar.
  • Hardest parts of scaling: missing the intimacy of small-team building (early team mostly still there); navigating novel problems as the fastest-growing software company in government (no playbook).
  • Upleveling: learns daily from Peregrine’s strong leadership bench; profound recent shift was accepting that hypergrowth intensity (constant travel, around-the-clock work) is a different, more demanding phase than finding PMF.
  • Stress management: inherently low neuroticism; works out 3x/week (often with Nick); two young kids (3 and 1.5) — initially feared kids would disrupt focus, but realized waiting trades away finite years with them; wife’s support critical.

Becoming a father while scaling the company

  • Decision to have kids was hard; fear of lifestyle disruption. Turning point: recognized that delaying reduces total time with children. Found a rhythm; calls it “an amazing part of my life.”

How Peregrine uses AI internally and externally

  • External: three pillars for AI success in high-stakes enterprise — deep customer proximity (core DNA), access to novel proprietary data (helping customers leverage their own), and security/governance controls (fine-grained permissions since day one, now extended to AI agents).
  • AI features off by default; agencies opt in. Target AI to specific, sensible workflows; avoid hype, prioritize responsible use.
  • Internal: not mandate-driven. Engineers use Claude agents, develop features from Slack; still figuring bottlenecks (code review remains human-heavy). “AI native” means: (1) internal workflows transformed by AI tools, including using Peregrine’s own AI to run parts of the business; (2) product offerings transformed to leverage AI where it makes sense.
  • Hiring profile unchanged: smart, motivated, proactive, curious, ownership-minded engineers still win; AI background is a bonus, not a requirement.

Life philosophy and closing thoughts

  • “10% of companies are ideas. 90% is execution.” Applied as life philosophy: what he’s most proud of (gymnastics, Peregrine) came from longitudinal, sustained effort over time — putting in the work to achieve something well.
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