Silicon Valley Security Guarding Startup (Bannerman) Examined

********** ** ******** ***** services *** **** ******* (or*******, *.*., ****** ** date).

*** ******* ****** *******,************ **** ********* *** security ***** *****. **** they ***** ******* ** 2014, ********** ****** **** 'bouncers ** ******' *** 'uber *** ********'

*** ********* ** ********* to ***** *** '********** of ***** ********', * software ******** *** ******** and ********** *** ******* of ***** ***********.

********* ****** ******* ** their ***** ******** *** software ******** **** ****, in **** ****** ** analyze ***** ********* ** disrupt *** ***** ******** and ********** *****.

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

Bannerman **********

**-************** ****(***) ********** ** *******é(***) *** ** ******** experience ** *** ******** or ***** ******** ****** starting ********* ** ****. The ******* ******** **** funding **** * ****** of *********, ***** **** well-known *** **********, *** ****** ** have ******* ************* ***** on, ******** *** **** to ***** **** ** funding. **** ***** ~$*** in ****** ******* *********, coming **** ******** ** companies/properties ***** ***** ***** services.

*********, ********* **** **** have ~** **** **** employees, ********* ** ***********-******* functions.

Guarding ********

*********'* ******* ******* *** live-guards, ***** ****** **** promoted ** ******* **** stringent ********* ********* *** being ******* **** ********* and *********** ** ***** positions. ********* ***** *** "on-demand" ******, ***** *********'* app ** *******, *** single-time ****** **** * concert, ********* *****, ***, as **** ** ****-**** or ****-**** ****** *** recurring **** ** * location.

*** ***** *** *** guarding ******** ** ** corporate *******, ********* ****** environments, ******** ********* **** banks **** ** ** higher-risk ********* ** ***** of ***** ************.

**** ** *** ****** Bannerman ******* *** ** San ********* *** *** Angeles, **** ********** *********** in ******, ** *** New **** ****, ***** other ****** *********. *** company ***** ** ******** expanding ** *** *********, but **** **** *** taking * ********** ******** to ****.

****** *** ***********, *** full-time ********* ** *********.

Guarding *******

********* ****** **** *** not *** ******** ******, but *** ************* ****** with ***** ******* ***** offerings. ******* **** ****** by ******, **** ****** in *** ********* ******* ~15-20% ****** **** ***** in ******.

Software ********

******-********* ******** ** **** Bannerman ****** ** ***** true ***************. **** **** developed * ***** ** software ************ **** *** used ** **** *** guards *** *** ***-***** to **** **** * differentiated ********, *** ********* they ***** ***** ***** overall ***** ******** **** effective **** ***********.

***** *** * **** components ** *** ******** platform:

• ****** *** *** ***** - ***** *** *** in/out ** ****, ****** pictures, ****/****** ***** ** incidents, ******* ***** ** updated *** ****** *** instructions *** *** ********* mobile ***. *** ****** app **** ***** *** guard *** **** **** will **** **** *** shift, ***** ***** ***** incentive *** ***********.
• ****-*** ******** - ****** everything **** ******* *** application ** ***********, *******, HR-related *****, *** ***** data ******* ** * specific *****, *** ** clients *******. *** ****-*** can **** **** ******* of *** ********** *** other **********, *** **** find *** **** ***** between * ******* ************ and ****** ********* *** new ***********.
• *** **** ****** - Bannerman ********* *** ****** their ******* ******* * customized *********. **** **** them ****** ******** ****/***** required, ****** ******** ** guards, *** **** *** guards ******** ** ***** sites, *** **** *****/******* that *** ****** **** receive *** *** ****** app.

********* ** *********, **** software *** ********* **-*****, as *** ******* ***** deploying ****** *** ********* there *** ** *****-**** software ******** *** ******** guards *** ********.

*** ********* *******, *** software ******** ** **** of *** ******* ******** and ***** *** ** per-user *******.

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

********* *** ************* ***** ******** ********** ***** ******** ********* as * **** ***********. Other ***** *********, *** are *********** *********** ** Bannerman, *** *** *** the **** ********** ******** that ********* **** ** a *********** **** ** their *******.

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

*** ***** ********* **** want ** *** *********'* platform, ***** ** ** initial *****/**** *** (***-****), which ****** ** *** size ** *** *******, but ** ** *** order ** ******* ******** dollars. ****** *** ******* fee, ***** ** * monthly *** *** **** guard ******* ** *** platform, ***** ** ~$**.

Alternative *********

********* ** *** ***** in *** ***** ******** management ********, ******* ***** platforms ***** ** ****** with ******** ******* ** managing * ******** ********:

• *******
• ******* *******
• **********
• *********** *******
• **********
• ********

** ** *** **** the ********* ** ********** in *** ***** ******** to ******* ***** ************ to *********'* ********.

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

*** ******* *** ******* from *** ******* "**** For ********" ********, ***** focused ******* ** *** guard-on-demand *****, ** ******** standard ******** ************ **** long-term *******, *** *** a ******** ******** ************ alongside *** ***** ********. This ***** ******** **** the ******* *****-******* ******** may *** **** ***** up ** ******** ************, leading *** ******* ** pursue *** ******** ********.

* ******** ********, *** a ***** ******** *** very ********* ******** ************, and *** ********** *** successful **** **** ******* offerings ***** * ****** brand *** ********** ****. Bannerman *** ******** ******* from ***** ******** ********, but *********** ********** ** doing ** ***** ****** those *****.

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

** **** **** ******* IPVM ******* ***** ***** services, ** *** ***** services. ****** **** *********** as * ***** ********, or ***** ****, ****** comment **** **** *********** on *********'* ***** ***** and/or ******** ********.