Flock Safety, the leading safety technology platform dedicated to creating thriving communities, and Homegrown, a revenue-based growth capital provider for brick-and-mortar businesses, announced today the launch of the Thriving Cities Fund (“the Fund”) in Dallas-Fort Worth. This is the second metro area to benefit from this growing national effort to help local brick-and-mortar businesses scale and create local jobs. 

Backed by an initial $10M investment from Flock Safety, the Fund is managed by Homegrown and offers revenue-based growth capital to businesses with at least two physical locations that serve as neighborhood anchors. These include local restaurants, coffee shops, fitness studios, childcare centers, beauty businesses, and other gathering places that contribute to community connection and vitality.

“Solving crime, which we help law enforcement do with our technology platform, is a critical part of the equation, but it’s only one step in building a better community,” said Garrett Langley, Founder and CEO of Flock Safety. “Through the Thriving Cities Fund, we’re investing in the small businesses that serve as the heart of our neighborhoods. When these businesses succeed, communities thrive, and that’s the future we want to help build.”

Unlike traditional loans or equity investments, each deal is structured as a revenue share with no fixed terms, personal guarantees or upfront fees. Check sizes typically range from five to six figures and are tailored to the needs of each business. Unlike equity investments, the returns are capped.

Founded in 2023, Homegrown has deployed over $7 million to launch 40 new business locations across the U.S., creating more than 500 jobs in the process.

“Traditional lending options have only gotten harder for small businesses to access, especially for those with physical storefronts,” said Michael Davis, CEO and Founder of Homegrown. “These entrepreneurs are the backbone of our local economies. They employ our neighbors, activate our main streets, and create places where communities connect. Through the Thriving Cities Fund, we are proud to offer flexible, non-dilutive capital that helps them grow without giving up ownership or dealing with super short-term, high-interest funding options.”

Expanding impact in Dallas-Fort Worth

Dallas-Fort Worth is the second metro region, after Atlanta, to receive investment from the Thriving Cities Fund. With a dynamic small business ecosystem and a shared commitment to community revitalization, DFW is a natural next step for the Fund’s mission to scale businesses that serve and strengthen local neighborhoods.

“As a strong advocate for small businesses, I see every day how these businesses fuel our economy, create jobs and bring unique energy to our neighborhoods,” said Fort Worth City Council member Michael D. Crain. “I am deeply committed to breaking down barriers, championing initiatives like the Thriving Cities Fund, and doing everything in my power to help local entrepreneurs succeed, because when small businesses thrive, our entire city becomes stronger and more vibrant.”

The Thriving Cities Fund prioritizes businesses with multiple locations, a proven track record, and a vision aligned with building stronger, thriving cities.

Entrepreneurs in the Dallas-Fort Worth area who are interested in growth funding through the Thriving Cities Fund can learn more and apply at www.thrivingcitiesfund.com.

About Flock Safety

Flock Safety is the leading safety technology platform, helping communities thrive by taking a proactive approach to crime prevention and security. Our end-to-end hardware and software suite unites cities, law enforcement, businesses, schools, and neighborhoods in a nationwide public-private safety network. Flock is trusted by more than 5,000 communities, 4,500 law enforcement agencies, and 1,000 businesses to deliver real-time intelligence while upholding the highest standards of privacy, data integrity, and responsible innovation. Visit www.flocksafety.com for more info.

About Homegrown

Homegrown exists to unlock growth for America’s high-performing brick-and-mortar businesses. We deploy revenue-based growth capital without personal guarantees or taking equity, enabling both independent and franchise brands to scale faster on their own terms. Our mission is to build the missing growth capital layer for brick-and-mortar entrepreneurs, giving proven businesses with high potential the capital empowerment that technology startups frequently benefit from.

Visit www.joinhomegrown.com to learn more.