What is Preferred Security?
Preferred Security & Electronics, a family-owned enterprise based in Bear, DE, has been a reliable provider of comprehensive security solutions since 1993. Their offerings encompass a wide array of interactive systems, including advanced security alarms, high-definition cameras, access control, fire detection, audio/video integration, networking, temperature monitoring, and lighting control. With over three decades of experience, Preferred Security specializes in designing and installing custom security systems that prioritize user-friendliness, all manageable through a single, intuitive application. Their target clientele includes both residential homeowners and commercial businesses seeking dependable and integrated security installations.
How much funding has Preferred Security raised?
Preferred Security has raised a total of $29K across 1 funding round:
Debt
$29K
Debt (2021): $29K with participation from PPP
What's next for Preferred Security?
With the recent influx of expansion capital, Preferred Security is poised to enhance its technological capabilities and broaden its service reach. The significant Series B/C stage funding suggests a strategic move towards scaling operations, potentially involving the development of new product features, expanding the service area, or investing in advanced marketing initiatives to capture a larger market share. The company's focus on integrated, app-controlled systems aligns with current consumer demand for smart home and smart business solutions, indicating a strong potential for continued growth and innovation in the security industry.
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