EmergenSee Personal Security System was profiled in The Philadelphia Business Journal last week. Below is Staff Writer Lauren Hertzler’s article:
EmergenSee is a mobile technology that transforms smartphones or tablets into personal security systems. All it takes is a download of an app.
In the event of an emergency, it gives users the ability to stream live video, audio, GPS location and movements while contacting help that can see, hear and respond to the situation in real time.
Revenue model: Business to consumer (24/7 professional monitoring — $8.99/month) and business to business (markets include enterprise, education, private security, government, resellers and distributors — $25,000/year minimum price, based on size of organization).
Size of market and share it can gain: If EmergenSee gains just 3 percent share of the consumer market alone, it would create multiple millions in revenue by itself.
Competition: Rave Mobile Safety, McAfee LiveSafe, MyForce and Guardly.
Disruptive technology, product or service: EmergenSee is working to update the current antiquated 911 system with a state-of-the-art technology for the benefit of everyone.
Top managers: Jason Friedberg, executive vice president and director of security.
Why this company is unique: EmergenSee‘s three patents, its ability to stream live video and audio and its simple user interface with a scalable back-end command center that can handle any load.
CEO: Phil Reitnour
Year founded: 2012
Number of employees: Six
Elevator Pitch is a quick snapshot of an area startup. The Business Journal does not endorse the companies featured, nor is this an invitation to invest.