Escape Rescue Systems

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Escape Rescue Systems - overview

Established

2014

Location

Tel Aviv-Yafo, -, Israel

Primary Industry

Business Support Services

About

Escape Rescue Systems develops advanced evacuation solutions designed to enhance safety and efficiency during emergency situations, particularly for individuals with mobility challenges. Escape Rescue Systems, based in Tel Aviv-Yafo, Israel, specializes in evacuation solutions tailored for individuals with mobility challenges. Founded in 2014, the company has undergone strategic developments to enhance its offerings. The co-founders, Yann Botton and Jonathan Shimshoni, have backgrounds in innovation and product development.


As of October 2004, the company raised USD 5. 5 mn in Series B funding led by Apax Partners, with participation from Israel Healthcare Ventures and Veritas Venture Partners, marking a significant investment in its growth. Total funding raised stands at USD 5. 5 mn, supporting ongoing product development and market expansion.


Escape Rescue specializes in evacuation solutions aimed at enhancing safety and efficiency during emergency situations, particularly for individuals with mobility challenges, such as those in wheelchairs or confined to beds. Their flagship product, the Escape Rescue System, facilitates the rapid descent of multiple individuals simultaneously, addressing critical needs in emergency evacuations. The company serves a diverse client base, including healthcare facilities, residential buildings, and commercial properties across North America, Europe, and Asia, focusing on tailored solutions that ensure accessibility and reliable emergency protocols. Escape Rescue generates revenue through direct sales of its products, focusing primarily on B2B transactions targeting institutional customers such as hospitals, assisted living facilities, and commercial property owners.


The pricing structure accommodates various client needs, with potential bulk purchase discounts available for larger organizations. Transactions are typically structured as one-time purchases or long-term contracts for maintenance and support services, reflecting the company’s commitment to compliance with safety regulations and enhancing emergency preparedness across different sectors. Escape Rescue Systems plans to utilize the recent Series B funding of USD 5. 5 mn raised in October 2004 to support product development and market expansion initiatives.


The company aims to introduce new evacuation products designed specifically for diverse emergency scenarios, targeting a launch in the next 12 months. Additionally, Escape Rescue is focusing on expanding its reach into new geographic regions, particularly targeting markets in Asia and Europe by 2025, to enhance its global presence and meet growing demand for effective evacuation solutions.


Current Investors

Apax Partners, Veritas Venture Partners, Israel Healthcare Ventures

Primary Industry

Business Support Services

Sub Industries

Security Services, Heating, Cooling & Ventilation Equipment and Services

Website

www.escaperescue.com

Company Stage

Series B

Total Amount Raised

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