Alarm.com

Alarm.com

Integrated smart security solutions for businesses

About Alarm.com

Simplify's Rating
Why Alarm.com is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Energy

Enterprise Software

Cybersecurity

Company Size

1,001-5,000

Company Stage

IPO

Total Funding

$158.6M

Headquarters

Tysons, Virginia

Founded

2000

Overview

Alarm.com offers smart security solutions for businesses by integrating security, lighting, locks, video surveillance, and energy management into a single app. This allows small to medium-sized businesses to efficiently monitor and control their premises, benefiting from features like video monitoring and energy-saving smart thermostats. The company partners with authorized service providers to sell customized systems, using a business model that combines low upfront equipment costs with ongoing monthly service fees. Alarm.com's goal is to provide comprehensive security management solutions that help businesses operate more effectively.

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Funded Recently
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Simplify's Take

What believers are saying

  • Acquisition of CHeKT enhances proactive video monitoring capabilities.
  • Growing demand for cloud-based security solutions benefits Alarm.com's scalable offerings.
  • Subscription-based model ensures a steady revenue stream for Alarm.com.

What critics are saying

  • DIY home security systems challenge Alarm.com's traditional offerings.
  • Standalone security devices could dilute Alarm.com's integrated system customer base.
  • Smart TV control of devices may shift preferences from dedicated security apps.

What makes Alarm.com unique

  • Alarm.com integrates security, lighting, and energy management into a single app.
  • The company offers a cost-effective solution with low upfront costs and monthly fees.
  • Alarm.com partners with authorized providers for customized security solutions.

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Funding

Total Funding

$158.6M

Above

Industry Average

Funded Over

4 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Flexible Work Hours

Remote Work Options

Paid Vacation

Paid Sick Leave

Paid Holidays

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Wellness Program

Pet Insurance

Educational Assistance Program

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 6%
Business Wire
Feb 12th, 2025
Alarm.com Acquires CHeKT, a Leader in Proactive Video Monitoring Solutions

Alarm.com (Nasdaq: ALRM), the leading platform for the intelligently connected property, today announced a majority-stake acquisition of CHeKT, a lead

Security Systems News
Feb 11th, 2025
Home Article Alarm.com acquires CHeKT, a provider of proactive video monitoring solutions

Home article Alarm.com acquires CHeKT, a provider of proactive video monitoring solutions.

PR Newswire
Feb 6th, 2025
Market Research And Consulting Leader Parks Associates Announces 2025 Executive Events: Smart Energy Summit At Distributech And Connections™: The Premier Connected Home Conference

55% of US internet households find the ability to see disaggregated energy insights valuableDALLAS, Feb. 6, 2025 /PRNewswire/ -- International market research firm Parks Associates today announced the 16th annual Smart Energy Summit: Engaging the Consumer, co-located with DISTRIBUTECH, to be hosted March 25-26, and the 29th annual CONNECTIONS™: The Premier Connected Home Conference, hosted May 13-15, both in Dallas, TX. The executive research events focus on consumers, the connected home, and the role of energy management, with strategic insights and networking opportunities for industry players including utilities, energy providers, device makers, software and analytics, insurance, and service providers.Parks AssociatesParks Associates data shows that 55% of US internet households find the ability to see disaggregated energy insights valuable. Energy efficiency is the top reason that consumers are integrating and coordinating their devices in their home. As consumers prioritize energy efficiency, utilities and energy providers have an opportunity to integrate smart thermostats, connected lighting, and energy monitoring systems into their programs."Most consumers (56%) report receiving consumption information from their energy provider, but few review it with any frequency," said Daniel Holcomb, Senior Research Analyst, Parks Associates. "Energy provider apps and web portals are also underutilized, with only about a third of those receiving insights utilizing an energy provider's app, website, or email report

PR Newswire
Jan 7th, 2025
Parks Associates At Ces: 22% Of Us Households Now Receive Internet And Mobile Services As Part Of A Bundle

New consumer research shows convergence of services has led to greater customer satisfaction; connectivity is the foundation of the connected home LAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- New Parks Associates research released at CES® 2025 shows that 22% of US households now receive their internet and mobile services as part of a bundle. This finding highlights a growing trend towards broadband expansion through the bundle of wired and wireless access. This firm is hosting CONNECTIONS™ Summit at CES today, January 7, sponsored by Schneider Electric, Alarm.com, Schlage, Shelly Group, Ubiety Technologies, SmartRent, ADT, Calix, Kwikset, Silicon Labs, ADT Multifamily, eufy, and Johnson Controls

PR Newswire
Jan 6th, 2025
Parks Associates: 32% Of Us Households Have A Paid Security Service, With 7% Attached To Standalone Security Devices And 25% To A Security System

CONNECTIONS™ Summit addresses how the expanded market of devices and systems is creating new opportunities beyond securityDALLAS, Jan. 6, 2025 /PRNewswire/ -- Parks Associates will host CONNECTIONS™ Summit at CES® in Las Vegas tomorrow, January 7, 2025, including the panel session "Home Security: Trends and Transformations" featuring ADT, Alarm.com, Allegion, eufy Security/Anker Innovations, and Ubiety Technologies. The firm's Smart Home and Security Tracker reveals that 32% of all US households have a paid security service. Most of these services are connected through security systems, but adoption through standalone security devices continues to grow, offering opportunities to expand paid services and to target a different base of customers

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