SimpliSafe Revenue and Competitors

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Boston, MA USA

Location

#3180

Growjo Ranking

Electronics

Industry

Estimated Revenue & Valuation

  • SimpliSafe's estimated annual revenue is currently $264.2M per year.(i)
  • SimpliSafe received $57.0M in venture funding in May 2014.
  • SimpliSafe's estimated revenue per employee is $350,350
  • SimpliSafe's total funding is $187M.

Employee Data

  • SimpliSafe has 754 Employees.(i)
  • SimpliSafe grew their employee count by 14% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$562.3M16050%$203.7MN/A
#2
$8M40N/AN/AN/A
#3
$1.2M27-36%N/AN/A
#4
$719.3M11538%$163M$3.9B

Being safe should be simple. SimpliSafe designs home security systems that are wireless, cellular and so user-friendly they can be set up by anyone in minutes. An ever-expanding arsenal of sensors and the SimpliSafe security camera, SimpliCam, provides all-encompassing protection while integrated apps make comprehensive system control possible from anywhere. But SimpliSafe is way more than its great products. It's also seamless 24/7 professional monitoring, without the long-term contracts and sky-high prices of traditional alarm companies. Currently, SimpliSafe protects over 2 million Americans and that number is quickly rising. In 2014, the company was ranked in The Inc. 500 as one of the fastest growing private companies in the nation with a 3,076% 3-year growth rate. SimpliSafe is ushering in a new era one where anyone anywhere can have a security system that's not only simple, but also on the cutting edge. Want to be a part of a fast-paced environment in the heart of Boston Check out our job openings at: https://simplisafe.com/careers

keywords:saas, Consumer Electronics,Data Storage,Enterprise Software,Hardware,Information Security,Internet of Things,Physical Security,Security,Storage

$187M

Total Funding

754

Number of Employees

$264.2M

Revenue (est)

14%

Employee Growth %

N/A

Valuation

N/A

Accelerator

SimpliSafe News

2021-04-12 - SimpliSafe Raises an Incremental $130M in Growth Funding to Continue to Transform the Home Security Market

BOSTON, April 12, 2021 /PRNewswire/ -- SimpliSafe®, creator of award-winning home security solutions, today announced it has raised $130 million in growth funding. The company continues to transform the category and prove the success of its business model, projecting to grow at a rate of more ...

2021-04-15 - SimpliSafe Raises $130M, Plans to Hire 100 Engineers This Year

Photo: Simplisafe Home security startup SimpliSafe announced this week it closed on a $130 million growth funding round, bringing its total capital raised to $187 million. The company plans to use the money to add another 100 engineers to its Boston-based team, focusing on hardware, firmware, s ...

2021-04-19 - SimpliSafe Raised $130M, HqO Got $60M, and More Boston Tech News

photo: simplisafe / BUILT IN A busy week in Boston yielded some big moves on the city’s tech scene. From new launches, executive changes and sizable VC rounds, read up on what’s new. This is the Built In Boston weekly refresh. SimpliSafe got $130M. The provider of tech-enabled home security de ...

08/20/2019 - SimpliSafe has a smart lock coming

DIY home security company SimpliSafe has confirmed it has a smart lock on the horizon, after the news leaked Tuesday. It'll be available on ...

08/21/2019 - SimpliSafe brings its DIY security system to your door with a ...

SimpliSafe's latest DIY home security system won our Editors' Choice award, and rightly so. The system is affordable and easy to set up and ...

09/05/2019 - How to keep your home secure when you're away

Protect your home and privacy with the SimpliSafe Video Doorbell Pro, the newest tool from the only home security system Kim uses and ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$287.3M7604%N/A
#2
$160.7M765-2%N/A
#3
$194.3M7714%N/A
#4
$293.7M777-26%N/A
#5
N/A7774%N/A

SimpliSafe Funding

DateAmountRoundLead InvestorsReference
2014-05-23$57.0MUndisclosedSequoia CapitalArticle