What is Safe Choice?
Safe Choice LLC, operating in Cleveland, OH, has been a provider of comprehensive security and safety services for over nine years. Differentiating itself by offering customized solutions, the company conducts onsite inspections and evaluations to tailor its offerings to specific client needs. Its extensive service portfolio includes security and bodyguard services, traffic control, corporate security, professional employee removal, corporate safety training, active shooter training, security systems, and corporate, civil, and criminal investigations. Notable clients include Dominion Energy, Spectrum, the FBI, the Federal Reserve Bank, and the City of Cleveland, highlighting Safe Choice's capacity to serve large-scale enterprise and governmental entities.
How much funding has Safe Choice raised?
Safe Choice has raised a total of $869K across 2 funding rounds:
Debt
$350K
Debt
$519K
Debt (2020): $350K with participation from PPP
Debt (2021): $519K led by PPP
Key Investors in Safe Choice
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investor
An undisclosed investor participated in this funding round, suggesting a strategic interest in Safe Choice's established client base and service model.
What's next for Safe Choice?
The recent major strategic investment, alongside previous debt financing, suggests Safe Choice is focused on strengthening its operational capabilities and potentially expanding its service offerings or market reach. Given the enterprise-level context of its funding, the company is likely poised for further consolidation of its market position or strategic acquisitions within the security services industry. Future capital injections may be geared towards technology integration or enhancing its specialized training programs to maintain a competitive edge.
See full Safe Choice company page