What is LiveFree?
LiveFree specializes in the development and distribution of Personal Emergency Response Systems (PERS). These systems are engineered to bolster the safety and security of individuals, particularly those who may require immediate assistance. The company's product line undergoes rigorous testing to accommodate a variety of lifestyles, ensuring users can maintain confidence and security. Beyond its direct-to-consumer offerings, LiveFree also cultivates a dealer network, providing essential support and resources to facilitate product distribution and revenue generation. The overarching mission is to contribute to life-saving efforts while empowering dealers with a reliable and profitable business opportunity.
How much funding has LiveFree raised?
LiveFree has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for LiveFree?
The substantial late-stage funding indicates LiveFree is poised for a significant scaling phase. This capital infusion is likely to be directed towards expanding its product development capabilities, enhancing its technological infrastructure, and broadening its market reach, both domestically and potentially internationally. Strategic partnerships and further dealer network expansion are anticipated as the company aims to solidify its position as a leader in the PERS sector. The focus will remain on innovation in safety technology and ensuring robust support for its user base and distribution partners.
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