What is Professional Security Services?
Established in 1982, Professional Security Services operates as a comprehensive provider of protective solutions for diverse organizational needs. Headquartered in Cranston, Rhode Island, with additional operations in Fall River, Massachusetts, the firm has evolved from a traditional security provider into a multifaceted service entity. Beyond standard asset protection and personnel safety, the company has successfully diversified its portfolio to include specialized shuttle services. This unique integration of security protocols with transportation logistics allows the firm to address the complex safety requirements of modern enterprises, ensuring both physical property integrity and the secure transit of personnel.
How much funding has Professional Security Services raised?
Professional Security Services has raised a total of $737K across 2 funding rounds:
Debt
$350K
Debt
$387K
Debt (2020): $350K with participation from PPP
Debt (2021): $387K led by PPP
Key Investors in Professional Security Services
PPP
Public-Private Partnership
What's next for Professional Security Services?
With the recent influx of capital, Professional Security Services is well-positioned to scale its enterprise-level security infrastructure. The strategic allocation of these funds will likely focus on enhancing technological capabilities and expanding the reach of its integrated transportation and protection services. As the firm navigates the current economic landscape, this financing provides the necessary liquidity to pursue operational efficiencies and potentially explore new regional markets. By leveraging its decades of industry experience, the company aims to maintain its competitive edge in the security sector while continuing to deliver high-standard protection services to its growing client base.
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