When was SimpliSafe founded?

SimpliSafe was founded in 2006 and raised its 1st funding round 8 years after it was founded.

Where is SimpliSafe located?

SimpliSafe is headquartered in Boston, United States.

How many employees does SimpliSafe have?

As of Mar 31, 2026, the latest employee count at SimpliSafe is 1305.

Is SimpliSafe a funded company?

SimpliSafe is a funded company, having raised a total of $387M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 21, 2014.

When was the latest funding round of SimpliSafe?

SimpliSafe's latest funding was a $***** Series E round on May 08, 2022, with participation from 3 investors.

Where does SimpliSafe rank among its competitors?

SimpliSafe ranks 4th amongst 2395 active competitors, of which 142 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was RELEX, which secured an undisclosed amount in Dec, 2024.

Who are the top competitors of SimpliSafe?

SimpliSafe's top competitors include Vivint, Ooma and ADT. Among them, RELEX secured the most recent funding round in December, 2024.

SimpliSafe - 2026 Company Profile, Team, Funding & Competitors

SimpliSafe is an acquired company based in Boston (United States), founded in 2006 by Chad Laurans and Eleanor Laurans. It operates as a Comprehensive home security systems with advanced AI and professional monitoring. SimpliSafe has raised $387M in funding from investors like Sequoia Capital, Eastern Bank and HPS Investment Partners. The company has 2395 active competitors, including 142 funded and 201 that have exited. Its top competitors include companies like Vivint, Ooma and ADT.

Company Details

Comprehensive home security systems with advanced AI and professional monitoring. They provide residential and business security solutions, offering a range of customizable packages including cameras, sensors, and sirens. They focus on real-time crime prevention through AI-powered cameras and live security agents. Their services include professional monitoring, mobile app control, and smart home integration. They offer features like 24/7 monitoring, battery backup, and cellular connection. They emphasize customer satisfaction with no long-term contracts and easy cancellation. They provide a user-friendly app for camera control, doorbell management, and alarm settings. They offer a quiz to help customers find the perfect system and provide expert advice. They focus on modern home security with outdoor protection, utilizing AI-powered outdoor cameras and live agents to deter criminals. They offer features like video verification and priority police dispatch.

Website: simplisafe.com
Social
Phone Number: +1 **********

Key Metrics

Founded Year

2006

Location

Boston, United States

Stage

Acquired

Total Funding

$387M in 4 rounds

Latest Funding Round

Series E, May 08, 2022, $*****

Investors

Sequoia Capital & 4 more

Ranked

4^th among 2395 active competitors

Employee Count

1,305 as on Mar 31, 2026

Similar Companies

Vivint & 1484 more

Exit Details

Acquired by GTCR (Sep 15, 2025)

View SimpliSafe's full profile

SimpliSafe is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SIMPLISAFE, INC CIN: 205367003 , United States, Active	Dec 31, 2005	-	1145 (As on Dec 31, 2024)	-
Simplisafe, Inc. CIN: 5997652 , United States, Active	Apr 26, 2021	-	-	-

SimpliSafe got acquired by GTCR on Sep 15, 2025. It was facilitated by J P Morgan, Raymond James, Goodwin and 1 more.

Click here to take a look at SimpliSafe's acquisition in detail

SimpliSafe has raised a total funding of $387M over 4 rounds. Its first funding round was on May 21, 2014. Its latest funding round was a Series E round on May 08, 2022 for $*****. 3 investors participated in its latest round. SimpliSafe has 5 institutional investors.

Here is the list of recent funding rounds of SimpliSafe:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 08, 2022	6893571	Series E	7641819	7643448	4306074	4443789
Apr 12, 2021	1258176	Conventional Debt	5878357	2946605	4089331	4722122
Apr 12, 2021	7216783	Series D	5639336	6191014	8125840	9496771

Access funding benchmarks and valuations. Sign up today!

View details of SimpliSafe's funding rounds and investors

The founders of SimpliSafe are Chad Laurans and Eleanor Laurans.

Here are the details of SimpliSafe's key team members:

Chad Laurans: Co-Founder & Chairman of SimpliSafe. They are also an angel investor in 2 startups.
Eleanor Laurans: Co-Founder of SimpliSafe.

View details of SimpliSafe's Founder profiles and Board Members

SimpliSafe's employee count trend

SimpliSafe has 1,305 employees as of Mar 26. Here is SimpliSafe's employee count trend over the years:

Uncover SimpliSafe's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of SimpliSafe include Vivint, Ooma and ADT. Here is the list of Top 10 competitors of SimpliSafe, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vivint 1999, Provo (United States), Acquired	Manufacturer of cloud-based smart security cameras for home applications	$172M	Goldman Sachs, Zions Bank & 13 others	82/100
2nd	Ooma 2004, Palo Alto (United States), Public	Provider of cloud-based business telephony and home security services	$88M	Worldview Technology Partners, Founders Fund ... & 8 others	81/100
3rd	ADT 1874, Boca Raton (United States), Public	Provider of cloud-based surveillance products for home security	$24.1M	ATP Private Equity Partners, Google & 4 others	80/100
4th	SimpliSafe 2006, Boston (United States), Acquired	Comprehensive home security systems with advanced AI and professional monitoring	$387M	Owl Rock Capital, Sequoia Capital & 3 others	79/100
5th	ecobee 2007, Toronto (Canada), Acquired	Manufacturer of smart thermostats, sensors, cameras, and security system bundles	$155M	Relay Ventures, Tech Capital Partners & 14 others	79/100
6th	Ring Labs 2012, Santa Monica (United States), Acquired	Provider of home security systems, cameras, alarms, and doorbells	$208M	Goldman Sachs Investment Partners, DFJ Growth ... & 34 others	77/100
7th	RELEX 2005, Helsinki (Finland), Series D	Provider of unified platform for retail and supply chain planning	$816M	Summit Partners, TCV & 4 others	77/100
8th	Alarm.com 2000, Tysons (United States), Public	Provider of a cloud-based video intercom and physical security systems	$137M	TCV	76/100
9th	United Technologies 1934, Farmington (United States), Public	Provider of security solutions for the residential, commercial and enterprise applications	-	Pershing Square Capital Management, Third Point ... & 5 others	75/100
10th	Aqara 2009, New York City (United States), Series B	Manufacturer of smart devices and automation solutions for residential properties	$156M	Shenzhen Capital Group, CICC & 6 others	72/100