Bambai

Based in Barcelona, Spain, and founded in 2020 by co-founder and CEO John Correa, Alta Guardia Security S. L. , d. b.

a. Bambai provides a subscription of security alarms without permanence, enabling prevention to theft, squatting, and more across businesses, real estate, travel agencies, insurers, bank properties, and others. In August 2022, Bambai raised EUR 230,000 in venture funding from Demium Capital, with participation from Inveready Asset Management and Parlem Telecom Companyia de Telecomunicacions SL. The company’s product consists of an alarm connected 24/7 and supervised by professionals who will contact the client at the moment of any unusual activity.

Clients are required to select the plan that suits their needs to subscribe and receive the alarm. After subscription, the client will receive a box with an alarm, which can be installed by the supervision through a video call. In addition, Bambai offers a mobile application, which can be downloaded from Google Play Store, Apple Store, and Huawei App Gallery to operate the alarm remotely. Bambai generates revenue from the subscription of its product packages, which include plan 1 (EUR 9.

99 per month), plan 2 (EUR 19. 22 per month), and plan 3 (EUR 34. 99 per month) The company plans to use its proceeds from August 2022 funding to strengthen its market and prepare to internationalize neighboring countries and Latin America. Bambai also plans to launch new technological advances around comprehensive home security.