Miami-based security solutions provider Fast Guard Service has announced plans to raise $30 million in investment or credit funding, following a successful year that saw the company generate $7.8 million in revenue. The funding will support international expansion and further development of its security management app, positioning the company to capture a larger share of the $88 billion U.S. security services market.
The company's expansion plans come at a critical time for the security industry, which is increasingly shifting toward technology-driven solutions. Fast Guard Service's platform, which includes features like instant security personnel booking and real-time monitoring, represents a significant advancement in how businesses manage their security needs.
The company's financial performance suggests growing market acceptance of digital security solutions. Since its founding, Fast Guard Service has processed $390 million in estimates and closed $52 million in revenue, demonstrating substantial market demand. The company's latest offering of 24/7 monitoring through 4G LTE cameras at $3.99 per hour could disrupt traditional security monitoring services, potentially making professional security more accessible to smaller businesses.
The investment opportunity includes a guaranteed 10% return within 12 months, reflecting the company's confidence in its growth trajectory. If successful in securing funding, Fast Guard Service's international expansion could signal a broader transformation in how security services are delivered globally, particularly in markets where technology-enabled security solutions are still emerging.
