What is LifeSafer Ignition Interlock?
Founded in 1991 in Cincinnati, Ohio, by Richard Freund, LifeSafer Ignition Interlock pioneered the Ignition Interlock industry. The company's core mission is to improve national road safety by preventing drunk drivers from operating vehicles, utilizing its proprietary LifeSafer Alcohol Monitoring Device, the SC100 Ignition Interlock. This device functions as a breath analyzer integrated into a vehicle's ignition system, requiring a negative alcohol test before the engine can be started.
How much funding has LifeSafer Ignition Interlock raised?
LifeSafer Ignition Interlock has raised a total of $42.1M across 3 funding rounds:
Unspecified
$22M
Unspecified
$19.6M
Unspecified
$500K
Unspecified (2010): $22M, investors not publicly disclosed
Unspecified (2012): $19.6M, investors not publicly disclosed
Unspecified (2013): $500K, investors not publicly disclosed
What's next for LifeSafer Ignition Interlock?
The substantial enterprise-level funding, particularly the recent strategic investment, positions LifeSafer Ignition Interlock for continued expansion and technological advancement. This capital infusion is expected to fuel further development of its ignition interlock systems, enhance market penetration, and reinforce its role in combating drunk driving. The company's long-standing history and focus on safety suggest a trajectory of sustained growth and innovation in the automotive safety sector.
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