LifeSafer Interlock

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LifeSafer Interlock - overview

Established

1991

Location

Cincinnati, OH, US

Primary Industry

Consumer Products

About

LifeSafer Interlock provides ignition interlock devices to help individuals comply with court-ordered restrictions following DUI offenses. Their devices are designed for convenience and regulatory compliance. Founded in 1991 and headquartered in Cincinnati, US, LifeSafer Interlock specializes in ignition interlock devices. The company has focused on enhancing its offerings without notable pivots or business strategy changes.


LifeSafer has been involved in 2 deals. The current CEO information is not available. LifeSafer specializes in providing ignition interlock devices (IIDs) to assist individuals in complying with court-ordered restrictions following DUI offenses. Their flagship product is a compact and user-friendly ignition interlock device designed to measure breath alcohol concentration before allowing vehicle operation.


This device meets state regulatory requirements and enhances user experience through a streamlined interface. LifeSafer offers guaranteed same-day installation across nearly every state in the U. S. , using their proprietary No-Call Install™ system for efficient scheduling.


Their customer base includes individuals mandated to install IIDs, courts, and rehabilitation programs that facilitate access to their services, covering states like California, New York, Florida, and Texas. LifeSafer generates revenue through direct-to-consumer transactions and partnerships with rehabilitation facilities and legal entities. The primary revenue stream involves individual customers purchasing or leasing ignition interlock devices, which includes installation fees and ongoing monitoring and service charges. Revenue is structured around subscription models where clients pay for device installation and monthly services.


LifeSafer offers various pricing plans encompassing service levels, ensuring clients understand their financial commitments throughout their interlock program. LifeSafer Interlock has plans to enhance its product line with new ignition interlock devices and is targeting expansion into additional states by the end of 2024. Recent funding from Lineage Capital, which has exited its stake, will support these initiatives.


Primary Industry

Consumer Products

Sub Industries

Consumer Electronics

Website

www.lifesafer.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

LifeSafer Interlock - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedLifeSafer Interlock-
Unspecified ExitCompletedLifeSafer Interlock-

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