Silicon Valley Security Guarding Startup (Bannerman) Examined

By 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.

Bannerman **********

**-******** ****** **** [**** ** longer *********] (***) *** ******* ** Chevigné [**** ** ****** available] (CTO) *** ** ******** 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 ******* *** ** *** Francisco *** *** *******, with ********** *********** ** Dallas, ** *** *** York ****, ***** ***** select *********. *** ******* ***** to ******** ********* ** new *********, *** **** they *** ****** * controlled ******** ** ****.

****** *** ***********, *** 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 ******** *** ***** ***** *********

********* *** ***** ******** their ******** ******** [**** no ****** *********] ** other ******** ********* ** a **** ***********. ***** guard *********, *** *** effectively *********** ** *********, can *** *** *** same ********** ******** **** Bannerman **** ** * significant **** ** ***** success.

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

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

Alternative *********

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

** ** *** **** *** expertise ** ********** ** the ***** ******** ** compare ***** ************ ** Bannerman's ********.

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. ****** **** *********** ** a ***** ********, ** guard ****, ****** ******* with **** *********** ** Bannerman's ***** ***** ***/** software ********.

Comments (2)

Bannerman also subcontracts services to other security companies.  In California it is illegal for a security officer to be a 1099 (contractor) unless they have a PPO (Private Patrol operator license).  Many companies have gotten in trouble with the labor department for doing this.

When we were researching Guard Management Software (5 years ago) we tried most companies listed.  At the time Officer Reports did not offer GPS tracking or scheduling.  Their service used a web browser on the phone, not an app.  This has changed on their current offering.  At the time Silvertrac did not offer Geofencing or scheduling and they used bar codes instead of NFC tags.  Trackforce was over all better than what we ended up using, TrackTik.  The reason why we did not go with Trackforce was because each module had a separate charge so the monthly fee was a lot hire than TrackTik. We tried all the solutions and they all had bugs and user issues which I assume they have been fixed.  We still use TrackTik because changing to another vendor will require a lot of hours or retraining Officers and Customers.  All current companies have very similar pricing and it depends on the number of devices and the number of Officers.  Like all software companies there are always issues but they try to solve them when new updates come up.  TrackTik's new 2.0 version is more stable than their old version.

Very informative, thanks!

Read this IPVM report for free.

This article is part of IPVM's 6,593 reports, 889 tests and is only available to members. To get a one-time preview of our work, enter your work email to access the full article.

Already a member? Login here | Join now

Related Reports

Multilaser / Giga Security Brazil Company Profile on Oct 05, 2020
As part of our expanded Latin America coverage, IPVM is profiling regional...
Mobiqam Presents Battery Powered & Quick Setup Video Surveillance on Jun 12, 2020
Mobiqam presented its battery-powered, quick setup video surveillance system...
Startup Boulder AI Presents Edge to Cloud Physical Security on Sep 01, 2020
Boulder AI, a deep learning startup taking on custom analytics projects with...
Startup Visual One Presents Object Detection and Smart Search on Aug 26, 2020
Visual One, a Y Combinator backed startup led by a PhD in machine learning...
Milestone XProtect on AWS Tested on Sep 21, 2020
Milestone finally launched multiple cloud solutions in 2020, taking a...
Defendry Presents AI Active Shooter Security System on Jul 14, 2020
Defendry presented its Active Shooter security system at the May 2020 IPVM...
SimpliSafe Business Security Launched Examined on Sep 22, 2020
SimpliSafe has launched "SimpliSafe Business Security" that the company...
Startup Calipsa Presents AI False Alarm Filtering on Jul 21, 2020
Calipsa presented its AI false alarm filtering platform at the 2020 IPVM...
Ubiquiti Access Control Tested on Oct 21, 2020
Ubiquiti has become one of the most widely used wireless and switch providers...
Verkada Access Control Tested on Sep 09, 2020
Verkada raised $80 million earlier in 2020, expanding from video into access...
SenseB4 Presents Cloud Network Device Monitoring on Jun 09, 2020
SenseB4 presented its cybersecurity and network health monitoring products at...
Remote Network Access for Video Surveillance Guide on Jul 27, 2020
Remotely accessing surveillance systems is key in 2020, with more and more...
SafeZone Tech Presents AI Gunfire Detection on Jun 15, 2020
Safe Zone presented its AI gunfire sensor the May 2020 IPVM Startups...
Low Voltage Nation Wants to "Help You Carve Out A Fulfilling Career" Interviewed on Jul 06, 2020
It is difficult to make your way in this industry as there is little formal...
Video Surveillance 101 Book Released on Jul 07, 2020
IPVM's unique introduction to video surveillance series is now available as a...

Recent Reports

ISC Brasil Digital Experience 2020 Report on Oct 23, 2020
ISC Brasil 2020 rebranded itself to ISC Digital Experience and, like its...
Top Video Surveillance Service Call Problems 2020 on Oct 23, 2020
3 primary and 4 secondary issues stood out as causing the most problems when...
GDPR Impact On Temperature / Fever Screening Explained on Oct 22, 2020
What impact does GDPR have on temperature screening? Do you risk a GDPR fine...
Security And Safety Things (S&ST) Tested on Oct 22, 2020
S&ST, a Bosch spinout, is spending tens of millions of dollars aiming to...
Nokia Fever Screening Claims To "Advance Fight Against COVID-19" on Oct 22, 2020
First IBM, then briefly Clorox, and now Nokia becomes the latest Fortune 500...
Deceptive Meridian Temperature Tablets Endanger Public Safety on Oct 21, 2020
IPVM's testing of and investigation into Meridian Kiosk's temperature...
Honeywell 30 Series and Vivotek NVRs Tested on Oct 21, 2020
The NDAA ban has driven many users to look for low-cost NVRs not made by...
Ubiquiti Access Control Tested on Oct 21, 2020
Ubiquiti has become one of the most widely used wireless and switch providers...
Avigilon Aggressive Trade-In Program Takes Aim At Competitors on Oct 20, 2020
Avigilon has launched one of the most aggressive trade-in programs the video...
Mexico Video Surveillance Market Overview 2020 on Oct 20, 2020
Despite being neighbors, there are key differences between the U.S. and...
Dahua Revenue Grows But Profits Down, Cause Unclear on Oct 20, 2020
While Dahua's overall revenue was up more than 12% in Q3 2020, a significant...
Illegal Hikvision Fever Screening Touted In Australia, Government Investigating, Temperature References Deleted on Oct 20, 2020
The Australian government told IPVM that they are investigating a Hikvision...
Panasonic Presents i-PRO Cameras and Video Analytics on Oct 19, 2020
Panasonic i-PRO presented its X-Series cameras and AI video analytics at the...
Augmented Reality (AR) Cameras From Hikvision and Dahua Examined on Oct 19, 2020
Hikvision, Dahua, and other China companies are marketing augmented reality...
18 TB Video Surveillance Drives (WD and Seagate) on Oct 19, 2020
Both Seagate and Western Digital recently announced 18TB hard drives...