Safer Place

Safer Place

Develops an innovative, award-winning video-based technology platform to enhance traffic and parking violation enforcement.

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Financials

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Revenues, earnings & profits over time
USD2019202120222023
Revenues0000000000000000
% growth---(8 %)
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

More about Safer Place
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Safer Place is a technology company specializing in traffic enforcement solutions aimed at enhancing road safety. The company serves police and law enforcement agencies, as well as municipalities, by providing tools to detect and document high-risk traffic violations. Operating in the public safety and law enforcement market, Safer Place offers a platform-agnostic solution that works in any weather conditions, day or night. The business model revolves around selling its technology to governmental bodies and law enforcement agencies, generating revenue through the sale of its software and related services.

The company's core offerings include reporting tools that generate detailed reports based on violation type, time period, and zone areas. These tools also offer video playback for each violation and generate visual charts and graphs. Safer Place's evidence presentation capabilities ensure high-quality video and photo evidence, privacy protection, and full archiving of records. The system administration features allow for the definition of user permissions and roles, database updates, and data import from legacy systems.

Safer Place's ticketing system increases the accuracy and volume of the ticketing process, producing high-quality video and photos to present as evidence in court. The workforce management tools provide real-time information about the location of officers, the number of tickets issued, and details of each ticket. By producing legally compliant video and photo-based evidence, the company helps reduce legal appeals.

The technology significantly improves road safety by making enforcement more effective, detecting violations such as failure to yield, mobile texting, disobeying traffic signs, driving on the shoulder, illegal turns, and parking violations. This leads to increased road safety, reduced dangerous driving, and prevention of serious or fatal injuries to pedestrians.

Keywords: traffic enforcement, road safety, law enforcement, automated detection, high-risk violations, video evidence, ticketing system, workforce management, legal compliance, public safety.

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