HALOS Body Cams - Volition Capital

HALOS Body Cams is the leading subscription-based bodycam and cloud-based digital asset management system.

discover

About HALOS Body Cams

HALOS Body Cams is a body camera and digital asset management platform for the private and public security sectors. HALOS enables teams to manage custody of cameras and video evidence in a compliant manner to help mitigate risk and deter public violence.

Background

With a 26% increase in violent crimes over the last ten years in the US, law enforcement has been put under the microscope. Existing security solutions, such as fixed surveillance cameras with limited 60 -110-degree ranges, no longer cut it. As a result, law enforcement organizations have rapidly adopted body-worn cameras, giving rise to the $7.5B global bodycam market that is expected to surpass $15.74B by 2029.

First responders are not the only ones feeling the pressure. New regulations such as Martyn’s Law and EO 14074 require additional safety measures at public events. Meanwhile, private security, travel, and retail organizations are increasingly looking to protect their own employees and customers while collecting evidence to manage corporate risk. Research by First Analysis finds the private sector is up to 13x the size of the first responder market, with over 22.5M potential body camera users.

Why We Invested in HALOS Body Cams

HALOS Body Cam’s management team has done a fantastic job building a solution that addresses the unmet needs in the market across several verticals, including private security. The Company provides an all-in-one solution combining its body cameras that are intuitive and durable, alongside its cloud-based DAM solution that enables teams to manage custody of cameras and video assets as well as analyze and retrieve video in a compliant and secure manner. The Company’s product-market fit is evident by its best-in-class customer satisfaction ratings across over 700+ customers and stellar customer retention rates (HALOS).

We developed strong conviction in the Company’s opportunity to build a durable, category-defining business. Importantly, the philosophical alignment with the team to grow a capital-efficient, high-growth business resonates with Volition’s mission. We look forward to our continuing partnership with the Company as they embark on this next chapter, investing in product and customer success to continue building on their incredible traction.