Acquired

SimpliSafe Home Security Stock
SimpliSafe Home Security designs, engineers, and sells wireless security alarm systems and services.
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About SimpliSafe Home Security Stock
SimpliSafe Home Security is a disruptive tech company that designs, engineers, and sells wireless security alarm systems, cameras and services for houses, apartments, and other commercial properties. The systems are an inexpensive, easy-to-install alternative to traditional home security options. Simplisafe has 24/7 professional monitoring with no long term contract and daily customer service support. It sells its products online. The company’s wireless encrypted alarm system features a cellular connection, SMS text and email alerts, smash-proof protection, power outage protection, smoke and fire detection, and wireless sensors. In 2018, SimpliSafe entirely redesigned their system to be half the size with double the range and five times faster. Products include entry, motion, glassbreak, and water sensors along with a base station, camera, panic button and smoke detector. The company will also be introducing a video doorbell, a door lock with digital capabilities, and a plan to integrate its service with Amazon’s Echo voice control device. SimpliSafe was the winner of CNET’s Editors’ Choice Award and has an A+ rating with the Better Business bureau. SimpliSafe Home Security was incorporated in 2006 and is based in Boston, Massachusetts.
Funding History
May 2014 | $57.0M |
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July 2017 | $0 |
Management
Co-Founder
Eleanor Laurans
Founder and CEO
Chad Laurans
Press
Fast Company - Apr, 25 2019
These home security startups aren’t afraid of Amazon and GoogleForbes - Jul, 23 2018
5 Smart Security Systems To Keep Your Home Safe When You're AwayTechCrunch - Jun, 29 2018
Hellman & Friedman acquires controlling interest in SimpliSafeEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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