RollKall, a platform for managing and scheduling off-duty security officers, closed a $1.5 million Seed round investment led by Founder Equity Fund and The Athos Group.
Founder Equity Fund, a venture studio with offices in Chicago and Dallas, looks for opportunities where it can leverage its team to provide, not just capital, but the expertise to help its portfolio companies grow and thrive. The group’s unique investment methodology places them alongside founders and their investors, to reduce risk throughout the investment period.
The Athos Group, formerly Innovative Surveillance Solutions, is a security management firm dedicated to providing off-duty security services to retail, restaurant, oil & gas, and corporate entities across the nation.
RollKall was founded in 2013, to connect off-duty officers to freelance security jobs and quickly grew to include thousands of officers from over 900 law enforcement departments across the United States. The platform is the fastest growing off-duty management platform for security providers, independent coordinators, and law enforcement agencies.
The investment will help RollKall expand its partner ecosystem, implement a new payment platform called RKPay, and fast-track strategic acquisitions.
Whereas Uber is a closed ecosystem requiring drivers to work through Uber to find riders, RollKall is an open platform. This allows multiple parties to use the platform to find off-duty officers.
Many law enforcement officers work as independent contractors but are governed by the policies of their respective law enforcement department. The RollKall platform allows them to work for multiple entities while ensuring compliance with their respective agencies and allowing full reporting back to the agency.
For law enforcement agencies that do not allow their officers to provide security or traffic control outside of the department, RollKall provides a platform that the departments manage directly.
“We realized that there was a tremendous opportunity to change the off-duty industry and bring clarity to a highly fragmented market” Ben Poch, the CEO of RollKall, said. “By working with departments closely we are also sensitive to the budgetary constraints that they face and the reality that every dollar matters. As part of our commitment to our agencies, we offer the platform free of charge to them. Where some would see this as a possible revenue opportunity lost, we view it as an investment in them.
This article provided by NewsEdge.