What is Phelps Security?
Founded in 1953 and headquartered in Memphis, Tennessee, Phelps Security stands as one of the region's most established security providers. The company offers a comprehensive suite of security solutions, deploying trained security professionals across a diverse range of sectors including commercial real estate, distribution facilities, special events, higher education, healthcare, residential communities, chemical/petrochemical facilities, government installations, manufacturing distribution, financial institutions, and shopping centers. Phelps Security's operational footprint extends throughout Tennessee and Mississippi, demonstrating a deep-rooted commitment to serving the security needs of businesses and organizations in these key areas.
How much funding has Phelps Security raised?
Phelps Security has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Phelps Security
PPP
Public-Private Partnership
What's next for Phelps Security?
The recent major strategic investment in Phelps Security signals a pivotal moment for the company, likely enabling expansion of services, technological upgrades, or geographic reach. Given its long history and broad client base, this capital infusion is expected to fortify its market leadership and potentially drive innovation in security solutions. The company's enterprise-level funding context suggests a focus on scaling operations and enhancing its competitive edge within the security industry.
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