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)

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

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

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

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports on Startup

Cisco Meraki Cloud VMS/Cameras Tested on Feb 13, 2019
Cisco Meraki says their cameras "bring Meraki magic to the enterprise video security world". According to Meraki, their magic is their management...
Solink Raises $12 Million - Company Profile on Feb 12, 2019
Most industry professionals have never heard of Solink, a company whose tagline is: It's time to revolutionize the way business uses...
Verkada Cloud VMS/Cameras Tested on Jan 28, 2019
Verkada is arguably the most ambitious video surveillance startup in many years. The company is developing their own cameras, their own VMS, their...
Dahua China Significant Job Cuts on Jan 28, 2019
Dahua China has cut a significant number of jobs in the past few months, according to numerous sources. This is a significant shift from Dahua's...
Turnover at Arcules on Jan 24, 2019
Canon / Milestone are putting tens of millions into Arcules - their bet on the future of the VMS market (see IPVM's Arcules test report). But over...
Gorilla Technology AI Provider, Raises $15 Million, Profiled on Jan 15, 2019
Gorilla Technology is a Taiwanese video analytics manufacturer that recently announced a $15 million investment from SBI Group, saying this...
2019 Video Surveillance Cameras Overview on Jan 07, 2019
Each year, IPVM summarizes the main advances and changes for video surveillance cameras, based on our industry-leading testing and...
IPVM Best New Products 2019 Opened - 70+ Entrants on Jan 07, 2019
The inaugural IPVM Best New Product Awards has been opened - the industry's first and only program where the awards are not pay-to-play and the...
European Startup Ajax Profile - They "Stand Against Evil" on Jan 03, 2019
European intrusion detection startup Ajax Systems proclaims: How are they standing against evil? And what are the differentiators and potential...
Startup Sunflower Labs' Autonomous Drone Security System on Dec 11, 2018
Startup Sunflower Labs is claiming a unique design on a home security system, combining autonomous drones and 'Sunflower' sensors. Imagine an...

Most Recent Industry Reports

Outdoor Camera Mounting Hardware Guide on Feb 21, 2019
Mounting cameras outdoors can be challenging, requiring understanding different types of equipment and methods. In this guide, we teach this...
HID Favorability Results 2019 on Feb 21, 2019
HID favorability results were strong, in the 2019 IPVM integrator study of 200+ integrators, with a net +62% and low negativity as the table below...
First US State, Vermont, Bans Dahua and Hikvision on Feb 21, 2019
The first US state, Vermont, has issued a ban on a number of Chinese and Russian manufacturers including the world's 2 largest video surveillance...
ADI 'SAVE BIG' On FLIR And Hikvision Examined on Feb 20, 2019
One is a major US defense supplier. The other is owned by the Chinese government. But you can "SAVE BIG" on both at ADI. In this note, we...
BluB0x Company Profile on Feb 20, 2019
BluB0x has doubled in revenue every year since its founding in 2013, according to CEO Patrick Barry. We originally reported on them in 2015. At the...
Security Installation Tools Guide - 22 Tools Listed on Feb 19, 2019
In this guide, we cover 22 tools that security installers frequently use. This is one part of our upcoming Video Surveillance...
Sales Cuts At Rasilient on Feb 19, 2019
Over the past 2 years, video surveillance storage specialist Rasilient has expanded its workforce significantly, aiming to build its own branded...
Exacq Raises VMS Software Pricing Twice in Less Than a Year on Feb 18, 2019
Most VMSes regularly release new features, but rarely increase their prices. For the 3rd time in 4 years, and 2nd time in 8 months, since being...
Axis IR Multi Imager Camera Tested (P3717-PLE) on Feb 18, 2019
Axis has released their first IR multi imager, the P3717-PLE, a repositionable model listing 360° IR illumination and flexible positioning,...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact