Asking Price: Non-Disclosed Amount
Gross Revenue: $19,558,000
FF & E:
Headquarters: Southeast United States
Acquisition Structure: Exclusive License Rights – White Label Opportunity
Industries: IoT Real-Time Security Monitoring Solutions, Web-Based Home Monitoring, Home Technology, DIY Intrusion Monitoring
Ownership: Inventor/Founder Owned, LLC
“A 21st Century Security Solution for a 21st Century Security Problem”
This gun safety lock disables a firearm from being loaded or fired like a traditional firearm lock, and goes a step further with proven, patent-pending technology that uses an integrated system of wireless beacons with embedded sensors that communicate through a fixed proprietary in-home gateway that sends immediate push notifications to the gun owner if the gun is moved or tampered with while simultaneously sounding an alarm in the immediate area that can be heard up to 300 feet. This easy to install in-home security solution affords gun owners the ability to proactively manage the safety and security of their families and firearms.
- In-home firearm safety
- Law-Enforcement, Military and Retail Chain-of-Command and Inventory Management
REASON FOR SALE: The owners are interested in finding a strategic or financial partner that can help them get the product into the hands of as many gun owners as possible. The management team is solid with a proven track record for developing IoT security and asset management products that span several industries and they look forward to taking this product the next level, ideally through an exclusive, white label license agreement.