Alarm.com

Alarm.com

Integrated smart security solutions for businesses

About

Alarm.com provides smart security solutions tailored for businesses, integrating various systems such as security, lighting, locks, video surveillance, and energy management into one platform. This integration allows users to monitor and control all aspects of their premises through a single app, enhancing efficiency and ease of use. The primary customers are small to medium-sized businesses that benefit from features like video monitoring and smart thermostats, which help save energy and reduce costs. Alarm.com operates in the commercial security market, selling its systems through authorized service providers, who offer customized solutions based on individual business needs. Their business model includes low upfront equipment costs and ongoing monthly service fees, ensuring a steady revenue stream. The goal of Alarm.com is to provide comprehensive and efficient security management solutions that help businesses operate more effectively.

Company Stage

IPO

Employees

1,001-5,000

Industries

Energy, Enterprise Software, Cybersecurity

Total Funding

$158.6M

Headquarters

Tysons, Virginia

Founded

2000


Simplify Jobs

Simplify's Take

What believers are saying

  • AI Deterrence enhances security offerings, potentially reducing crime rates.
  • Partnerships with companies like Bridge Cable expand market reach and service offerings.
  • Remote Video Monitoring Console offers 24/7 concierge video monitoring services.

What critics are saying

  • DIY home security systems may reduce demand for professional installations.
  • Samsung's smart TV market dominance poses a competitive threat to integrated solutions.
  • False alarms could lead to customer dissatisfaction and regulatory scrutiny.

What makes Alarm.com unique

  • Alarm.com integrates security, lighting, and energy management into a single app.
  • Their AI Deterrence technology proactively deters crime using artificial intelligence.
  • Drone-based pre-surveillance technology offers a unique security solution with UAVs.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

4%

2 year growth

21%

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