Envera Systems
Overview
Envera Systems, also known as Hidden Eyes, LLC, is a prominent provider of remotely monitored electronic security services, catering primarily to communities and residential developers. The company, founded in 2007 and based in Florida, excels in enhancing security at gated entrances, pools, clubhouses, and other recreational amenities. Envera's core focus is on ensuring community safety through advanced technology systems without hindering residents' quality of life.
Mission and Services
Envera Systems is dedicated to partnering with communities to deliver exceptional security solutions via cutting-edge technology and superior customer service. Their offerings include virtual security guards, video surveillance, access control, and alarm monitoring, integrating seamlessly for property managers and developers. These services are supported by Envera's Central Monitoring Operations Center, which operates around the clock. Security professionals at Envera possess a Class D license and receive ongoing training to uphold service quality.
Envera emphasizes seamless transitions from construction phases to continuous security, positioning itself as an ideal partner for homeowner associations, condominium associations, and community development districts. By utilizing proprietary software and advanced systems, Envera enhances security at various points and offers cost-effective solutions that can replace traditional guardhouses, resulting in significant cost savings.
Corporate Leadership
- Dax Brady-Sheehan - President & CEO
Appointed in May 2024, Dax Brady-Sheehan brings substantial experience as a growth executive, formerly holding leadership roles at Spectrio.
- Aaron Wray - Chief Financial Officer
Co-founder of Envera Systems, Aaron Wray has been with the company since 2013, managing the Finance, Accounting, and Human Resources departments.
- Nathan Varn - Vice President of Sales and Marketing
With over 20 years in sales and marketing, Nathan Varn focuses on expanding Envera's market presence, crucially leading strategic business expansions and the acquisition of Applications by Design, Inc.
- Nate Charette - Senior Vice President of Operations
Possessing over two decades of experience in security and investigations, Nate Charette oversees the Installation and Implementation departments.
Recent Developments
Envera Systems has expanded its market reach by establishing a new sales hub in Tampa, Florida, in December 2024. The acquisition of Applications by Design, Inc. (ABDi) represents a strategic enhancement of their product line and service capabilities. Daniel Babb was appointed Chief Operating Officer to further promote customer excellence and ensure world-class service.
Financial Overview
The annual revenue of Envera Systems is approximately $35.4 million, with a revenue per employee of approximately $191,400. Notable investors, including Wind Point Partners, a Chicago-based private equity firm, invested in Envera in November 2022, although specific valuation details are not disclosed.
Reputation and Expansion
Envera Systems has solidified its stature as a comprehensive security solutions provider across various client levels, continually innovating in security technology while providing consistent service quality. The company recently extended its operations by establishing a second sales hub in Dunedin, expanding its reach in the Tampa Bay area.
Envera integrates comprehensive security solutions that meld technology with human insight, anchored by its 24/7 Central Monitoring Operations Center. The company commits to environmental and social responsibility in its operations. Envera's business model, focused on offering end-to-end security solutions, has attracted substantial investments, including acquisition by Wind Point Partners in November 2022.
Key Competitors
1. ADT Security Services
A leader with over 150 years of history, ADT provides extensive security solutions, serving more than 6 million customers nationwide with over 13,000 professionals across 150 U.S. locations. ADT prioritizes robust ethical standards and security commitments.
2. Securiteam
Located in Tampa, Florida, Securiteam provides customized security and technology solutions, focusing on AI-enabled video monitoring, virtual guard solutions, and access control systems to deliver reliable safety services across various sectors.
3. Tribe Property Technologies
Based in Vancouver, Tribe offers tech-enabled property management services for multi-family residential communities, utilizing innovative Software and Services, and licensing solutions to promote efficient property management and community living enhancement.
4. Sonitrol Pacific
Operating in the Pacific Northwest, Sonitrol Pacific specializes in verified electronic security systems using unique audio verification technology. Their services include intrusion detection, access control, video surveillance, and fire monitoring.
5. Elite
While not a direct competitor in the security realm, Elite provides financial management solutions to successful law firms, offering business operations technology that enhances operational efficiency and visibility.
Market Position
Envera Systems competes with major entities like ADT, possessing a significant market share through widespread services and robust organizational systems. Envera's strength lies in its niche approach to virtual security solutions. Competitors like Securiteam and Tribe present challenges through their innovative, tech-driven strategies, while Envera sustains a competitive edge with its specialized expertise in virtual security, leveraging technology to succeed in its niche markets.
