What is Clare Controls?
Headquartered in Sarasota, FL, Clare Controls is a prominent provider of integrated smart security and smart home solutions. The company's platform uniquely combines professional installation services with the flexibility of DIY smart home expansion, offering consumers a comprehensive system for enhanced safety, convenience, energy conservation, and entertainment integration, all managed through a single, intuitive application. The ClareCare consumer support service further ensures a high level of client satisfaction.
How much funding has Clare Controls raised?
Clare Controls has raised a total of $4M across 3 funding rounds:
Private Equity
$3M
Debt
$350K
Debt
$601K
Private Equity (2016): $3M, investors not publicly disclosed
Debt (2020): $350K led by PPP
Debt (2021): $601K supported by PPP
Key Investors in Clare Controls
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Clare Controls?
The substantial enterprise-level backing and recent strategic investment indicate Clare Controls is poised for significant scaling and market expansion. This capital infusion is likely to fuel further product development, enhance its technological infrastructure, and broaden its market reach. The company's focus on blending professional services with DIY accessibility positions it well to capture a larger share of the rapidly growing smart home sector. Future growth may involve strategic partnerships, further technological innovation, and increased consumer adoption driven by enhanced features and robust support.
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