RapidSOS Company Profile
RapidSOS has raised $100+ million providing dispatchers free software and caller locations from mobile apps, but is it competing with central monitoring and will they make money?
In this report we examine the company's background and business model:
- Company overview
- $100+ million funding
- Pitch / offering
- Business model
- Home security vs. central stations
- Company growth / hiring
- Opportunities / challenges
This company profile is part of a series of more than 100 company profiles that IPVM has published.
Overview / $****+ *******
*** ******* *********** ********* ** ******** is *** *********** **** *,*** ****** agencies ****** *** ** **** *** company ****** ******** ****** *** **** accurate *********** *** ****** ****** ***********. RapidSOS **** ******* ************* (**** *****, Google, ****) ** ******* ***** ***** to ***** ****** ******** *************'* ***.
**** **** ****** **** $*** ******* with $**+ ******* ** *** **** 20 ******. **** ********, ** **** 2020, ********** $** ****************** *** ******** ** * ********* for ********* ***** *******.
** *** **** ** ****** (******* the ********* ** ****), ******** *** claimed ** * ****** ** *** posts ****:
*** **** ****** ** ********* **** picking ** *****, ******, *** ****. The ******** ******* ** *** *********.
*** ******* **** **** *** **** using **** ******* ** *** ************ ****** *******, ********** **** *** ******** ***** Association *** *** *** ***** ** improve ***** ****-**** ****** ******* ** data.
Replacing "***** **********"
******* *** ********** ************* *** ******** ******** **********, "**** developed ** *** *****" ** * reason "**% ** ****** *** ***** can't ** *******". **** ****** *** win *$**,*** ******* *********** ** ****, ****** ** ******* *** **** story ** ** *********:
**************, ****** ****** ********* ****** (*****) rely ** ************* **********, ********* ** the *****, ******* **** ***** ****** to ****** *******.
********'* ******** ** ***** ******* ******** data **** *******' ****** ******, **** companies *** ***** *** **** **** –********** **** ******, *****, *** ****.
******* ** ***** "************ ******** ******", or *** **** *********-***** ***** ** ******, ********* *********** *** *********** ******** ******* * ****'* ******* **** their ********, ****** / ******* ***********, demographic ****, ***. *********** **** ***** mobile **** ** *********** *************.
******** ****** **** ******* ** **-** seconds ****** **** ******** ******* *** gives * **** ******* ********, **** their ********* ********:
Business ***** – ******** / ************
******** ****** *** ***** ************* *** portal "***% ****" ** *****, *** have *** ** ********** *** *** caller *********.
**** **** ***** ******* **** ***** large **** ******* ***** *.*. ******, Apple, ****, *** *** ****** ** improve ***** ********* ********, ** (*) licensing ******** ** ********* *** *** into ***** ******* *** ****, *** (2) ********** ***** ***** ** ********* dispatchers *** *** ***** ********. **** is **** ** *** ***** **** the**** *** *** ***********.
******* ******* *** ******** *** **** integrations **** ******* & ******* ********* such ********, ***** **** ******** ************* *** API ******, *** ******** ******** **** **** security ********* ** ********* *****.
******** ***** *** **** **** ** their ************ (*.*. ******** *******, ********* providers):
*** **** ******* *** **** ******** model ** ******* **** ****** **** continue ** **** **** ***** **** for **** *** ** * ******* of *******, ********* *** ***** ******* Rule *** ***** ********* ********** ** other ******** ********* *.*. ****** ****** a ***** ** ***.
******** *** *** ******* ********* ** the *******'* ******* *** *** ********* prices *** *****.
Home ******** ********** ** ******* ********
** ****** ****, ******** ********* **** *** first **** ******** ********, *** ******** ***********.
**** **** **** ***** ********** ******** have ** ******* ******** **** *** user, *** **** ********, ****'* ********** station *** ****** * ****'* ******** with * **** ****. ***** ***** stations **** **** ** ******** ******** all *********** ** *****, *** ******** also ****** **** ** **** * user's *********** ** ***** **** * "button ****".
*****-**-**** ** ***** ********** ******** ******** with ******** ******* ** ********** **** ***** *-* ******* *** home ***********.
*******, ******** ** *** ********* ********** stations ** ****** ***** **** ** be ******** ** ****** ** * station.
******** ** *** ********* ******** **** central ********** ********, ******, ** **** model ***** **** *** **** **** to ********* **** ******** ******* **** are ********* ** "******** *****", *** other ****** **** ******* ******* ********** stations.
** ***** ********** ******* ********* ********* to **** **** ** ** *** a *********** *** ******* ********, ** live ****** *** ***** ******. *******, he **** ********'* ******* **** *** to ******* ******* **********, ***** ******** and ** ** ****** ******.
Attracting ****** / ***** *******
******** ** ******* *** **** ******** *** ************ ********** ****** **** *** *******, but *********** ********** **** ******** **** the *******.
** ******** ********* **** * *** of "*****" ****** **** ****, *** we ********* *** ** ***** *** of ****** ******,**** *************** *******, **** ** ******** *** ***** 2020.
*******, * ******** *** *********** *** a "** ** ********* ********" ****** *** ******* *** ***** its **** ** ** *** **** 20 ******.
******** ***** **** ** ***** **** are ******* **** *** ******** ************* with **+ ***** **********. **** ** the ********* *** *** *******, ******* they *** ********** ********* ****** ** what ***** **** *****-****** *********.
**** *** ****** ***** ****** "******* Managers" *** "****** *********** *****", ******* on "******** *** ************* **** * portfolio ** ****** ******** *** ******* information". ******** ***** ***** ************* ** order *** *** ***** ** **** – ******* ****, **** *** *** actually ********* * *******.
*** ******* ** ** * "****** surge" ********* ** ************ *******, *** ******** ***** ******* **** size ******* ******** **** *** **** 2 *****:
*******
******** *** ***** * ******* ******* integrating ***** *** **** *,***+ ****** agencies ***** ***** $*** ******* ** funding, ****** **** * *************** *** warranting **** ********* **** *****, ****** and **** ********* ************ ******* *** data ** *** *******.
*******, ** ** *** ***** ******* they *** *** **** **** **** forever, ** ***** **** ********* **** security ***** ** ***** *** *** face ******* ********. ******** ** *** starting ** ****** *** ******* ******* by ********** **** *** ******** *********. Will **** ***** ** **** ******* monitoring ******** ****** ** *** ******** portal ** * ******* ***?
******** *** *******… **** **********, **** muscle.
** ******* ******** ********-**-***** **** **** and ****** *** ************* ** *********** “*****-*****-********** ***********”,**** ***** ******** *** *****/****. *** new ****, ******** *** *****, *** quickly ******* ******** ** ******** ********* and ******** ** *** *********. *** firms **** ********** *** ** ***** own ********** **** ***** ********. *********** firms **** ********, ****** *********, ******** of ***, **** ******* ***-**-*** ******* for *********, *** **** *** **********, will ******* *** ******. ******* ******** providers **** **-******* ** ** ****. Again, ********** = *************.
** ********* **** **** ******* ** participate ** **** ************ ***** * massive ****** ****** ** ******* **** hundreds ** *******.
******: *** *****; ******* ******** *****
***** ***, ****! ***** ** ***** looking ************* * ******-** ** ********. *******'* end-users (*.*. *****) **** ** **** a **** ******* ******* ** ***** of ********; *******, ******* *** * more ************* ******* (******* ** ******, execs ******** ** ***, ********* ********** more ******* **** ****** **** *** U.S.).
*****, ***** ******!