SureCam
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SureCam - overview
Established
2014
Location
Maplewood, MO, US
Primary Industry
Software
About
Based in Missouri, US, and founded in 2014, IT US Acquisition Company, LLC, d. b. a. SureCam, operates as a provider of video telematics technology for small and midsized businesses to reduce claims costs, protect employees, enhance driver coaching, and improve fleet safety.
In May 2022, a consortium led by Lewis & Clark Capital, including CCA Financial and other unspecified investors, acquired a majority stake in SureCam Limited for USD 11. 5 million. The company’s product line includes front-facing dash cams, dual-facing dash cams, front and rear dash cams, and waterproof exterior cams, helping businesses protect their operations from false accident claims and identify and improve risky driving behaviors. SureCam provides digital fleet intelligence for small and midsize companies by using cloud-connected dash cameras, the IoT platform, and customer software.
The company generates revenue from subscriptions to its video and tracking platform, which includes SureCam View (USD 29. 74 per vehicle per month), SureCam View Pro (USD 33. 99 per vehicle per month), and more.
Current Investors
Lewis & Clark Capital, CCA Financial
Primary Industry
Software
Sub Industries
Electronics, Analytics & Performance Software, Multimedia & Graphics
Website
www.surecam.com
Verticals
Cloud Computing, IoT (Internet of Things)
Total Amount Raised
Subscriber access only
SureCam - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | SureCam | - |
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