How Much Did Brivo Raise?
Funding & Key Investors

Brivo, a prominent player in the security technology sector, has recently secured $92.5M in a major strategic investment, adding to its substantial financial backing. The company has amassed a total of $169.5M in funding, underscoring its significant growth trajectory and market position. This latest capital infusion signals a new phase of expansion and development for the cloud-based security solutions provider.

What is Brivo?

Brivo
SoftwareSecurity SoftwareBusiness Services

Brivo is a pioneering security technology company specializing in cloud-based software platforms for physical security, access control, visitor management, identity authentication, video surveillance, and smart building operations. The company has been instrumental in modernizing facility security by transitioning traditional access control systems to internet-connected solutions managed remotely via centralized software. This cloud-first approach offers organizations enhanced flexibility, remote administration capabilities, real-time event monitoring, and more efficient security operations across multiple locations, differentiating it from legacy on-premise management solutions.

How much funding has Brivo raised?

Brivo has raised a total of $169.5M across 3 funding rounds:

2020

Debt

$2M

2022

Debt

$75M

2023

Other Financing Round

$92.5M

Debt (2020): $2M with participation from PPP

Debt (2022): $75M led by Runway Growth Finance

Other Financing Round (2023): $92.5M supported by SECOM CO.

Key Investors in Brivo

Runway Growth Finance

Runway Growth Finance is a specialty finance company providing flexible capital solutions to late and growth-stage companies. They focus on venture capital and financial services, offering capital tailored to help businesses achieve sustainable growth without diluting ownership.

SECOM CO.

SECOM CO. is a global security system company headquartered in Tokyo, Japan, providing personal and business security services, including physical and software security solutions.

PPP

Public-Private Partnership

What's next for Brivo?

With its recent major strategic investment, Brivo is poised for accelerated growth and innovation in the rapidly evolving physical security market. The company's focus on cloud-native access control technology positions it well to capitalize on the increasing demand for integrated, intelligent, and remotely manageable security solutions. Future developments are likely to involve further enhancements to its platform, expanding its smart building capabilities, and potentially exploring new market segments or geographical expansions to solidify its leadership in the industry.

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Frequently Asked Questions Regarding Brivo Financial Insights

What are the most recent funding rounds that Brivo has completed, and what were the funding rounds?
Brivo has recently completed 3 funding rounds: Other Financing Round on May 17, 2023, Debt on Nov 8, 2022, Debt on Apr 9, 2020.
What is the total amount of funding Brivo has raised to date?
Brivo has raised a total of $169.5M in funding to date.
How many funding rounds has Brivo completed?
Brivo has completed 3 funding rounds.
How much funding did Brivo raise in its most recent funding round?
Brivo raised $92.5M in its most recent funding round.
Who are the lead investors in Brivo's latest funding round?
The lead investor in Brivo's latest funding round was SECOM CO.. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Brivo's history?
The largest funding round in Brivo's history was $92.5M.
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