What is SimpliSafe?
SimpliSafe is a home security technology company that provides do-it-yourself security systems and professional monitoring services. Its offerings are designed to protect residential properties through a combination of connected devices, including sensors, cameras, alarms, and smart locks. All components are managed via a centralized platform and mobile application, allowing users to monitor their homes, receive real-time alerts, and control security settings remotely. The company integrates features such as live monitoring and emergency response coordination, alongside smart home compatibility, to deliver a flexible, user-controlled approach to modern home protection.
How much funding has SimpliSafe raised?
SimpliSafe has raised a total of $1.4B across 4 funding rounds:
Private Equity
$57M
Private Equity
$1B
Other Financing Round
$130M
Unspecified
$200M
Private Equity (2014): $57M with participation from Venrock, Generation Investment Management, LLP, Steamboat Ventures, Google Ventures, Kleiner Perkins Caufield & Byers, and Lightspeed Venture Partners
Private Equity (2018): $1B led by Hellman & Friedman
Other Financing Round (2021): $130M, investors not publicly disclosed
Unspecified (2022): $200M featuring N.A., Owl Rock Capital, HPS Investment Partners, and Capital One
Key Investors in SimpliSafe
Owl Rock Capital
Owl Rock Capital Corporation is a specialty finance company focused on lending to U.S. middle-market companies, founded in 2015 and headquartered in New York City.
HPS Investment Partners
HPS Investment Partners is a leading global investment firm that provides creative capital solutions and generates attractive risk-adjusted returns across various strategies, including debt and private equity.
Hellman & Friedman
Hellman & Friedman is a private equity investment firm founded in 1984, focusing on buyouts, restructurings, and investments across sectors like financial services, software, and healthcare.
What's next for SimpliSafe?
The substantial enterprise-level funding and recent strategic investment indicate that SimpliSafe is in a scaling phase, likely focusing on expanding its product development, enhancing its technological infrastructure, and broadening its market reach. The company's trajectory suggests a continued emphasis on innovation in the smart home security market, potentially exploring new integrations and service offerings to maintain its competitive edge and cater to evolving consumer demands for comprehensive and accessible home protection solutions.
See full SimpliSafe company page
