Tag: Chad Laurans
SimpliSafe execs say prevention will define home security's next chapter
August 26, 2026Cory Harris, Editor
BOSTON—Twenty years after helping reshape the residential security market with self-installed systems, SimpliSafe believes the industry's next major transformation will come from preventing crime rather than simply detecting it.
Company founder Chad Laurans and CEO Hilary Schneider said advances in artificial intelligence (AI), combined with professional monitoring, are enabling security providers to identify potential threats earlier and intervene before incidents occur.
"The...
SimpliSafe now backed by PE firm Hellman & Friedman
July 3, 2018SSN Staff
BOSTON—SimpliSafe, a provider of DIY installed home security systems, on June 29 announced an investment from private equity firm Hellman & Friedman to accelerate SimpliSafe's growth and expansion of the home security market. Terms of the transaction were not announced.“Home security is at an inflection point. Despite the market's growth, today still only 20% of homes are protected. With innovative technology, unparalleled service, and radically fair prices, SimpliSafe is rapidly making...