Ever feel unsafe, even when you’re not in imminent danger?
You can’t call the police. But you can call Our Bond. This company has created a personal-security companion — a mobile-security service powered by Artificial Intelligence.
Our Bond aims to fill what it refers to as the personal-security gap. To understand what that means, consider “Rachel”:
Rachel is young and works in a big city. After leaving her office, she walks home through city streets. She’s on edge the whole time.
The thing is, walking alone at night isn’t always dangerous. Even if someone is walking behind her or towards her, it’s not necessarily an emergency.
Unfortunately, it could, and too often does, turn into an emergency. If the person following Rachel has bad intentions — and if Rachel waits for a physical confrontation to be sure — it’s likely too late to call 911.
Roughly ten billion cases like Rachel’s happen each year in the U.S. alone. And it’s why the market for private security — this involves providing protective services to individuals, businesses, and organizations and is designed to supplement the work of public law-enforcement agencies and first responders — is projected to reach $334 billion by 2030.
Our Bond is the first startup to offer preventative personal security. It’s created a personal-security service that’s built into your mobile phone.
Our Bond is for when people are afraid, but aren’t necessarily in enough actual danger to dial 911. In these situations, the company’s mobile platform becomes a personal-security companion. With a solution that combines proprietary technology, AI, and human security agents, it grants users a sense of safety.
Our Bond offers more than a dozen security-related services, many of which are accessible through the company’s mobile platform. Notable services include:
Location Services — Bond can share a person’s real-time whereabouts on an interactive map, enabling friends or family members to see where a person is going and when they arrive.
Video Monitor — Tapping an icon will connect users with a personal-security agent, who will begin monitoring them and their surroundings. They’ll also offer guidance and assistance.
Send a Car — Bond’s agents can direct a rideshare-service to pick users up.
Siren — Holding the siren button on the app for three seconds activates a loud, piercing noise and bright flashing lights. After it’s finished, users are connected automatically with a Bond agent.
Ready an Agent — This enables users to put a security agent on standby.
Simply put, Our Bond acts as an added insurance policy — a service that’s hopefully never needed, but offers value when it’s used.
Our Bond generates revenue by offering paid memberships to its platform. These memberships are tiered using a “freemium” business model.
Our Bond launched its platform in 2020 and its services are now available in twenty-eight countries. More than $100 million has been invested into its platform and investors include venture-capital firms like Eastward Capital Partners and multiple billionaires.
Our Bond has received notable praise, including from Mark Sullivan, the former Director of the U.S. Secret Service, who declared that “Bond is a revolutionary personal security solution.”
Our Bond’s list of customers includes one of the top three largest corporations in the world, one of the top smartphone vendors, and one of the top credit-card companies in the U.S.
Revenues grew more than five-fold in 2023, reaching $7.2 million. And the company projected to bring in ten to twelve million dollars in 2024.