Silicon Valley Security Guarding Startup (Bannerman) Examined

Author: Brian Karas, Published on Aug 24, 2017

Innovation in security guard services has been limited (or comical, i.e., robots to date).

One Silicon Valley startup, Bannerman has been targeting the security guard space. When they first emerged in 2014, TechCrunch called them 'bouncers on demand' and 'uber for security'

Now Bannerman is expanding to offer the 'Salesforce of guard services', a software platform for managing and monitoring all aspects of guard deployments.

Bannerman shared details of their guard business and software platform with IPVM, in this report we analyze their potential to disrupt the guard industry and challenges faced.

********** ** ******** ***** ******** *** **** ******* (*********, *.*., ****** ** ****).

*** ******* ****** *******,************ **** ********* *** ******** ***** *****. **** **** ***** emerged ** ****, ********** ****** **** '******** ** ******' *** 'uber *** ********'

*** ********* ** ********* ** ***** *** '********** ** ***** services', * ******** ******** *** ******** *** ********** *** ******* of ***** ***********.

********* ****** ******* ** ***** ***** ******** *** ******** ******** with ****, ** **** ****** ** ******* ***** ********* ** disrupt *** ***** ******** *** ********** *****.

[***************]

Bannerman **********

**-************** ****(***) ********** ** *******é(***) *** ** ******** ********** ** *** ******** ** ***** business ****** ******** ********* ** ****. *** ******* ******** **** funding **** * ****** ** *********, ***** **** ****-***** *** **********, *** ****** ** **** ******* ************* ***** **, ******** the **** ** ***** **** ** *******. **** ***** ~$*** in ****** ******* *********, ****** **** ******** ** *********/********** ***** their ***** ********.

*********, ********* **** **** **** ~** **** **** *********, ********* in ***********-******* *********.

Guarding ********

*********'* ******* ******* *** ****-******, ***** ****** **** ******** ** passing **** ********* ********* ********* *** ***** ******* **** ********* and *********** ** ***** *********. ********* ***** *** "**-******" ******, using *********'* *** ** *******, *** ******-**** ****** **** * concert, ********* *****, ***, ** **** ** ****-**** ** ****-**** guards *** ********* **** ** * ********.

*** ***** *** *** ******** ******** ** ** ********* *******, typically ****** ************, ******** ********* **** ***** **** ** ** higher-risk ********* ** ***** ** ***** ************.

**** ** *** ****** ********* ******* *** ** *** ********* and *** *******, **** ********** *********** ** ******, ** *** New **** ****, ***** ***** ****** *********. *** ******* ***** to ******** ********* ** *** *********, *** **** **** *** taking * ********** ******** ** ****.

****** *** ***********, *** ****-**** ********* ** *********.

Guarding *******

********* ****** **** *** *** *** ******** ******, *** *** competitively ****** **** ***** ******* ***** *********. ******* **** ****** by ******, **** ****** ** *** ********* ******* ~**-**% ****** than ***** ** ******.

Software ********

******-********* ******** ** **** ********* ****** ** ***** **** ***************. They **** ********* * ***** ** ******** ************ **** *** used ** **** *** ****** *** *** ***-***** ** **** them * ************** ********, *** ********* **** ***** ***** ***** overall ***** ******** **** ********* **** ***********.

***** *** * **** ********** ** *** ******** ********:

****** *** *** ***** - ***** *** *** **/*** ** duty, ****** ********, ****/****** ***** ** *********, ******* ***** ** updated *** ****** *** ************ *** *** ********* ****** ***. The ****** *** **** ***** *** ***** *** **** **** will **** **** *** *****, ***** ***** ***** ********* *** performance.
****-*** ******** - ****** ********** **** ******* *** *********** ** deployments, *******, **-******* *****, *** ***** **** ******* ** * specific *****, *** ** ******* *******. *** ****-*** *** **** show ******* ** *** ********** *** ***** **********, *** **** find *** **** ***** ******* * ******* ************ *** ****** available *** *** ***********.
*** **** ****** - ********* ********* *** ****** ***** ******* through * ********** *********. **** **** **** ****** ******** ****/***** required, ****** ******** ** ******, *** **** *** ****** ******** to ***** *****, *** **** *****/******* **** *** ****** **** receive *** *** ****** ***.

********* ** *********, **** ******** *** ********* **-*****, ** *** company ***** ********* ****** *** ********* ***** *** ** *****-**** software ******** *** ******** ****** *** ********.

*** ********* *******, *** ******** ******** ** **** ** *** overall ******** *** ***** *** ** ***-**** *******.

SaaS ******** *** ***** ***** *********

********* *** ************* ***** ******** ********** ***** ******** ********* ** * **** ***********. ***** ***** companies, *** *** *********** *********** ** *********, *** *** *** the **** ********** ******** **** ********* **** ** * *********** part ** ***** *******.

SaaS ******* *****

*** ***** ********* **** **** ** *** *********'* ********, ***** is ** ******* *****/**** *** (***-****), ***** ****** ** *** size ** *** *******, *** ** ** *** ***** ** several ******** *******. ****** *** ******* ***, ***** ** * monthly *** *** **** ***** ******* ** *** ********, ***** is ~$**.

Alternative *********

********* ** *** ***** ** *** ***** ******** ********** ********, several ***** ********* ***** ** ****** **** ******** ******* ** managing * ******** ********:

*******
******* *******
**********
*********** *******
**********
********

** ** *** **** *** ********* ** ********** ** *** guard ******** ** ******* ***** ************ ** *********'* ********.

Bannerman *********** ********

*** ******* *** ******* **** *** ******* "**** *** ********" business, ***** ******* ******* ** *** *****-**-****** *****, ** ******** standard ******** ************ **** ****-**** *******, *** *** * ******** platform ************ ********* *** ***** ********. **** ***** ******** **** the ******* *****-******* ******** *** *** **** ***** ** ** investor ************, ******* *** ******* ** ****** *** ******** ********.

* ******** ********, *** * ***** ******** *** **** ********* entities ************, *** *** ********** *** ********** **** **** ******* offerings ***** * ****** ***** *** ********** ****. ********* *** increase ******* **** ***** ******** ********, *** *********** ********** ** doing ** ***** ****** ***** *****.

Share **** ********

** **** **** ******* **** ******* ***** ***** ********, ** use ***** ********. ****** **** *********** ** * ***** ********, or ***** ****, ****** ******* **** **** *********** ** *********'* guard ***** ***/** ******** ********.

Comments (2)

Undisclosed Integrator #1

08/25/17 10:23am

********* **** ************ ******** ** ***** ******** *********. ** ********** it ** ******* *** * ******** ******* ** ** * 1099 (**********) ****** **** **** * *** (******* ****** ******** license). **** ********* **** ****** ** ******* **** *** ***** department *** ***** ****.

**** ** **** *********** ***** ********** ******** (* ***** ***) we ***** **** ********* ******. ** *** **** ******* ******* did *** ***** *** ******** ** **********. ***** ******* **** a *** ******* ** *** *****, *** ** ***. **** has ******* ** ***** ******* ********. ** *** **** ********** did *** ***** ********** ** ********** *** **** **** *** codes ******* ** *** ****. ********** *** **** *** ****** than **** ** ***** ** *****, ********. *** ****** *** we *** *** ** **** ********** *** ******* **** ****** had * ******** ****** ** *** ******* *** *** * lot **** **** ********. ** ***** *** *** ********* *** they *** *** **** *** **** ****** ***** * ****** they **** **** *****. ** ***** *** ******** ******* ******** to ******* ****** **** ******* * *** ** ***** ** retraining ******** *** *********. *** ******* ********* **** **** ******* pricing *** ** ******* ** *** ****** ** ******* *** the ****** ** ********. **** *** ******** ********* ***** *** always ****** *** **** *** ** ***** **** **** *** updates **** **. ********'* *** *.* ******* ** **** ****** than ***** *** *******.

Brian Karas

IPVM | In reply to Undisclosed Integrator #1 | 08/25/17 10:56am

**** ***********, ******!

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