About Brivo
Brivo is a company based in Bethesda (United States) founded in 1999 by Steven Van Till.. Brivo has raised $92 million across 4 funding rounds from investors including Secom Group, Runway Growth Capital and Egis Capital Partners. The company has 265 employees as of December 31, 2022. Brivo has completed 1 acquisition, including Brivo. Brivo offers products and services including Brivo Security Suite, Access Control, Video Surveillance, and Visitor Management. Brivo operates in a competitive market with competitors including Openpath, Scytale, i-Sprint, Doordeck and iLOQ, among others.
- Headquarter Bethesda, United States
- Employees 265 as on 31 Dec, 2022
- Founders Steven Van Till
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Sectors
Industrial Goods & Manufacturing
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Brivo Systems, Llc
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Annual Revenue
$470.83 (USD)-92as on Dec 31, 2021
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Net Profit
$-9.19 K (USD)24as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$92 M (USD)
in 4 rounds
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Latest Funding Round
$92 M (USD), Series C
May 17, 2023
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Investors
Secom Group
& 4 more
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Employee Count
265
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
N/A
(Jun 01, 2015)
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Products & Services of Brivo
Brivo offers a comprehensive portfolio of products and services, including Brivo Security Suite, Access Control, Video Surveillance, and Visitor Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Unified system for access control and surveillance management
Manages building entry and activity remotely
Provides real-time video insights for security
Tracks and controls guest access to properties
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Funding Insights of Brivo
Brivo has successfully raised a total of $92M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $92 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $92.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series C - Brivo | Valuation |
investors |
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| Nov, 2022 | Amount | Debt – Venture - Brivo | Valuation |
investors |
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| May, 2015 | Amount | Private Equity Round - Brivo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Brivo
Brivo has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Secom Group, Runway Growth Capital and Egis Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture debt financing is provided to companies across multiple sectors.
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Founded Year | Domain | Location | |
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Private equity investments in North American companies are managed.
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Founded Year | Domain | Location | |
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Private equity investments are managed by family office-backed firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Brivo
Brivo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Brivo. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Enterprise solutions in smart home automation are provided.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Brivo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Brivo Comparisons
Competitors of Brivo
Brivo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Openpath, Scytale, i-Sprint, Doordeck and iLOQ, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based access control systems with mobile credentials are provided.
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| domain | founded_year | HQ Location |
Identity and access management solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based authentication solutions are offered through an online platform.
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| domain | founded_year | HQ Location |
Cloud-based access control systems are provided for electronic locks.
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| domain | founded_year | HQ Location |
Battery-free smart lock systems are developed for secure access management.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Brivo
Frequently Asked Questions about Brivo
When was Brivo founded?
Brivo was founded in 1999 and raised its 1st funding round 14 years after it was founded.
Where is Brivo located?
Brivo is headquartered in Bethesda, United States. It is registered at Bethesda, Maryland, United States.
Who is the current CEO of Brivo?
Steven Van Till is the current CEO of Brivo. They have also founded this company.
Is Brivo a funded company?
Brivo is a funded company, having raised a total of $92M across 4 funding rounds to date.
How many employees does Brivo have?
As of Dec 31, 2022, the latest employee count at Brivo is 265.
What is the annual revenue of Brivo?
Annual revenue of Brivo is $470.83 as on Dec 31, 2021.
What does Brivo do?
Brivo was founded in 1999 in Bethesda, United States, and operates in the security technology sector. Cloud-based platforms are provided for integrated access control, combining video management and centralized security oversight. Features such as real-time monitoring, visitor management, smart locks, remote operations, and video encryption are included. The systems support operations across various facilities in the United States.
Who are the top competitors of Brivo?
What products or services does Brivo offer?
Brivo offers Brivo Security Suite, Access Control, Video Surveillance, and Visitor Management.
How many acquisitions has Brivo made?
Brivo has made 1 acquisition, including Brivo.
Who are Brivo's investors?
Brivo has 4 investors. Key investors include Secom Group, Runway Growth Capital, Egis Capital Partners, and Duchossois Capital Management.
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