SimpliSafe

SimpliSafe

Home security systems with monitoring services

About

SimpliSafe offers home security systems that protect homes and businesses from intrusions, fires, and emergencies. Their products include customizable security cameras, video doorbells, smart locks, and various sensors, all designed for easy installation. Unlike competitors, SimpliSafe features wireless setup, long battery life, and visual verification of alarms to enhance response times. The company's goal is to provide accessible and effective security solutions through equipment sales and subscription-based monitoring services.

Company Stage

Debt Financing

Employees

1,001-5,000

Industries

Consumer Software, Consumer Goods

Total Funding

$182.6M

Headquarters

Boston, Massachusetts

Founded

2006


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Simplify's Take

What believers are saying

  • AI integration enhances proactive threat detection and response in SimpliSafe's systems.
  • Growing demand for outdoor security solutions aligns with SimpliSafe's new product offerings.
  • DIY security system trend supports SimpliSafe's easy-to-install product design.

What critics are saying

  • Increased competition from DIY systems like Ring and Nest threatens market share.
  • Rapid AI advancements could outpace SimpliSafe's current technology offerings.
  • Privacy concerns over AI and live monitoring may deter potential customers.

What makes SimpliSafe unique

  • SimpliSafe offers customizable security systems tailored to individual customer needs.
  • Their wireless installation and long battery life set them apart from competitors.
  • Visual alarm verification leads to faster police response times, enhancing security effectiveness.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

Benefits

Health Insurance - A comprehensive plan provides peace of mind for you and your family.

Employee assistance program - Help through the difficult situations that come up at work and at home.

Tuition reimbursement - We want you to keep learning, so we’ll cover part of your tuition.

401(k) - Saving for your future in the present.

Unlimited vacation - Exempt employees take the time when you need it or want it. We mean it.

Life and disability insurance - Coverage for when you need it most.

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