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Alarm.com Holdings Priced, Nasdaq: ALRM

Cloud-connected security and home automation platform with 2.4mm subscribers.

Industry: Technology

First Day Return: +20.6%

Industry: Technology

We are the leading platform solution for the connected home. Through our cloud-based services, Alarm.com makes connected home technology broadly accessible to millions of home and business owners. Our multi-tenant software-as-a-service, or SaaS, platform enables home and business owners to intelligently secure their properties and automate and control a broad array of connected devices through a single, intuitive user interface. Our connected home platform currently has more than 2.3 million residential and business subscribers and connects to more than 25 million devices. More than 20 billion data points were generated and processed by those subscribers and devices in the last year alone. This scale of subscribers, devices and data makes Alarm.com the largest connected home platform.
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Alarm.com Holdings (ALRM) Performance