How Much Did Safe Choice Raise?
Funding & Key Investors

Safe Choice has secured $869K in total funding, with its most recent capital infusion amounting to $519K in a major strategic investment announced on January 27, 2021. This significant backing underscores the company's established presence and strategic growth initiatives within the security and safety services sector.

What is Safe Choice?

Safe Choice
Business ServicesSecurity Information and Event Management (SIEM)

Safe Choice LLC, operating in Cleveland, OH, has been a provider of comprehensive security and safety services for over nine years. Differentiating itself from competitors that typically offer a single service tier, Safe Choice specializes in developing customized solutions tailored to each client's unique requirements. This client-centric approach involves onsite inspections and evaluations to craft bespoke safety strategies. The company's extensive service portfolio includes security and bodyguard services, traffic control, corporate security, professional employee removal, corporate safety training, active shooter preparedness, security system implementation, and corporate, civil, and criminal investigations. Notable clients include major entities such as Dominion Energy, Spectrum, the FBI, the Federal Reserve Bank, and the City of Cleveland, highlighting Safe Choice's capacity to serve high-profile organizations.

How much funding has Safe Choice raised?

Safe Choice has raised a total of $869K across 2 funding rounds:

2020

Debt

$350K

2021

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

What's next for Safe Choice?

The recent major strategic investment, alongside the company's history of debt financing, suggests Safe Choice is in a phase of scaling its operations and potentially expanding its service offerings or geographic reach. The substantial total funding indicates a mature enterprise with a proven track record. Future strategic moves may involve enhancing its technological infrastructure, broadening its client base, or developing new training modules to address evolving safety and security challenges. The company's commitment to customized solutions and earning client trust positions it for continued growth and market leadership in the security services industry.

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Frequently Asked Questions Regarding Safe Choice Financial Insights

What are the most recent funding rounds that Safe Choice has completed, and what were the funding rounds?
Safe Choice has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Safe Choice has raised to date?
Safe Choice has raised a total of $869K in funding to date.
How many funding rounds has Safe Choice completed?
Safe Choice has completed 2 funding rounds.
How much funding did Safe Choice raise in its most recent funding round?
Safe Choice raised $519K in its most recent funding round.
Who are the lead investors in Safe Choice's latest funding round?
The lead investor in Safe Choice's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Safe Choice's history?
The largest funding round in Safe Choice's history was $519K.
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