Fluent Home, after only 4 years of operation has achieved an extraordinary landmark. The company has raised more than $30 million in funding and loans to help boost account growth. The investment came from an international venture growth firm. Rarely seen in the security industry, this funding demonstrates Fluent Home’s potential for growth and investor confidence in Fluent’s organizational strength.
Fluent Home CEO Graham Wood explains, “This financing will take the company to the next level and well into the future. We have already begun exploring new technologies, products, and services in an effort to be responsive to the evolving needs of our customers. We now have the resources to vigorously continue our efforts while still retaining full equity in the organization.”
Fluent has become the largest privately owned home security and home automation provider in Canada. The company introduced its new name “Fluent Home” on January 1, 2014, launching its vision of expanding from exclusively providing security alarm products to becoming experts and providers of home automation technology and products. Fluent now offers additional services and technology that bring the convenience, savings, and comfort of home automation to all of its customers.
The name change, coupled with this round of funding, has also allowed Fluent to implement new administrative technology and processes that will improve customer service and retention without any added labor costs. Fluent is poised to have great growth and potential for years ahead.