How Much Did Alerteer Raise?
Funding & Key Investors

Alerteer, a company specializing in AI and IoT-powered smart surveillance solutions, has secured significant capital, with a total funding amount of $302K. The company recently announced a major strategic investment of $152K, underscoring its growth trajectory in the security technology sector. This latest financing round follows previous debt financing, indicating a shift towards strategic capital infusion to fuel expansion and innovation.

What is Alerteer?

Alerteer
Business ServicesSoftware TestingSecurity Information and Event Management (SIEM)

Alerteer is at the forefront of smart surveillance, leveraging artificial intelligence and the Internet of Things to deliver advanced solutions. Their offerings include sophisticated smoke and carbon monoxide detection, real-time alert notifications, and comprehensive security systems tailored for diverse industries such as hospitality, property management, cannabis dispensaries, retail, educational institutions, and auto dealerships. By providing smart sensors and cutting-edge surveillance technology, Alerteer empowers clients with instant notifications and actionable insights, thereby enhancing safety, bolstering security, and optimizing operational efficiency. The company's commitment to innovation and seamless connectivity positions it as a key player in risk reduction and security enhancement.

How much funding has Alerteer raised?

Alerteer has raised a total of $302K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$152K

Debt (2020): $150K with participation from PPP

Debt (2021): $152K led by PPP

What's next for Alerteer?

With a substantial total funding of $302K and a recent strategic investment of $152K, Alerteer is well-positioned for its next phase of growth. This large-scale, late-stage funding suggests a focus on scaling operations, expanding market reach, and potentially further developing its AI and IoT capabilities. The company is likely to invest in enhancing its product suite, strengthening its sales and distribution channels, and exploring new industry verticals. The strategic nature of the recent investment may also signal partnerships or collaborations aimed at accelerating market penetration and technological advancement in the competitive smart surveillance landscape.

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Frequently Asked Questions Regarding Alerteer Financial Insights

What are the most recent funding rounds that Alerteer has completed, and what were the funding rounds?
Alerteer has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on May 3, 2020.
What is the total amount of funding Alerteer has raised to date?
Alerteer has raised a total of $302K in funding to date.
How many funding rounds has Alerteer completed?
Alerteer has completed 2 funding rounds.
How much funding did Alerteer raise in its most recent funding round?
Alerteer raised $152K in its most recent funding round.
Who are the lead investors in Alerteer's latest funding round?
The lead investor in Alerteer's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Alerteer's history?
The largest funding round in Alerteer's history was $152K.
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